We study the attitude of decision makers to skewed noise. For a binary lottery that yields the better outcome with … probability p, we identify noise around p, with a compound lottery that induces a distribution over the exact value of the …-expected utility model to provide conditions under which rejection of symmetric noise implies rejection of skewed to the left noise as …

Whether lower stock price synchronicity reflects information or noise does not have a conclusive answer yet. From the … price synchronicity is due to noise but not private information revealed in these stocks. So the lower price synchronicity … means noise …

We simultaneously analyze the effects of alternative noise sources to isolate their relative harms. This research adds … to the literature, which has only analyzed one noise source or has aggregated the noise levels of different sources …. Flight noise had the most negative effect on housing prices, and road and train noises had similar, but smaller effects …

their estimate of the underlying value. Momentum arises when the belief about the variance of the noise is different from … the true variance. Momentum is the norm, not an exception. Momentum is a manifestation of noise …

-weighted average of the stock-specific fitting errors. This measure of volatility noise peaks during episodes of market distress and …. Moreover, we uncover a close link between volatility noise and the constraints on intermediary equity and debt. Finally, our … asset pricing results indicate that volatility noise is informative for the cross-sectional variation in expected returns …

The 2005 noise at work summit was jointly organised by the European Agency for Safety and Health at Work and the United … Kingdom Presidency of the European Union as the culmination of the 2005 'Stop that noise!' campaign on the eve of the 2003 … noise directive coming into force. EU policymakers, social partners and leading safety and health experts met to consider …

This study investigates the role of security analysts in reducing noise in stock price fluctuations. Using a sample of … analyst coverage initiations between 1984 and 2006, the study finds that (1) noise is significantly reduced in the year … following the initiation and (2) the extent of the noise reduction is a function of the intensity of analyst coverage during the …