Narrow search
Showing 1 - 10 of 17,592
Cover Image
Advances in behavioral finance
Thaler, Richard H. (contributor) - 1993
Modern financial markets offer the real world's best approximation to the idealized price auction market envisioned in economic theory. Nevertheless, as the increasingly exquisite and detailed financial data demonstrate, financial markets often fail to behave as they should if trading were truly...
Persistent link: https://www.econbiz.de/10002645246
Cover Image
Advances in behavioral finance ; Vol. 2
Thaler, Richard H. (contributor) - 2005
Persistent link: https://www.econbiz.de/10002933533
Cover Image
Advances in Behavioral Finance, Volume II
Thaler, Richard H. (contributor) - 2005 - Course Book
This book offers a definitive and wide-ranging overview of developments in behavioral finance over the past ten years. In 1993, the first volume provided the standard reference to this new approach in finance--an approach that, as editor Richard Thaler put it, "entertains the possibility that...
Persistent link: https://www.econbiz.de/10014488529
Cover Image
Chapter 20 Human behavior and the efficiency of the financial system
Shiller, Robert J. - In: Handbook of macroeconomics : volume 1, part C, (pp. 1305-1340). 1999
heuristic, the disjunction effect, gambling behavior and speculation, perceived irrelevance of history, magical thinking, quasi …
Persistent link: https://www.econbiz.de/10014024220
Cover Image
John Maynard Keynes : the economist as investor
Cristiano, Carlo; Marcuzzo, Maria Cristina - In: Review of Keynesian economics 6 (2018) 2, pp. 266-281
Persistent link: https://www.econbiz.de/10011868191
Cover Image
Compulsive gambling in the stock market : evidence from an emerging market
Atcha Kamolsareeratana; Kouwenberg, Roy - In: Economies : open access journal 11 (2023) 1, pp. 1-25
During the COVID-19 pandemic, many new individual investors globally entered the stock markets, often pursuing speculative investment strategies that resemble gambling. A concern is that trading as a form of gambling can become addictive for some people, as documented by several recent studies...
Persistent link: https://www.econbiz.de/10013500636
Cover Image
Problematik, Relevanz und Ursachen übermäßiger Aktienkursbewegungen
Hense, Andreas; Fissahn, Juliane; Tücking, Ebbo - In: Entscheidungsorientierte Volkswirtschaftslehre : …, (pp. 97-118). 2005
Persistent link: https://www.econbiz.de/10003345103
Cover Image
Individual Speculative Behavior and Overpricing in Experimental Asset Markets
Janssen, Dirk-Jan - 2018
A rich history of theoretical models in finance shows that speculation can lead to overpricing and price bubbles. We … step, we elicit individual speculative behavior in a one-shot setting with a novel Speculation Elicitation Task (SET). In a … explanations, using a market environment introduced by Lei, Noussair, and Plott (2001) where speculation is impossible. Taken …
Persistent link: https://www.econbiz.de/10012937410
Cover Image
Bidirectional relationship between investor sentiment and excess returns : new evidence from the wavelet perspective
Marczak, Martyna; Beissinger, Thomas - 2015
This paper sheds new light on the mutual relationship between investor sentiment and excess returns corresponding to the bubble component of stock prices. We propose to use the wavelet concept of the phase angle to determine the lead-lag relation between these variables. The wavelet phase angle...
Persistent link: https://www.econbiz.de/10011325814
Cover Image
Is there a relationship between participation in gambling activities and participation in high-risk stock trading?
Arthur, Jennifer N.; Delfabbro, Paul H.; Williams, Robert J. - In: The journal of gambling business and economics 9 (2015) 3, pp. 34-53
Persistent link: https://www.econbiz.de/10011537088