reduce price volatility. In particular, price informativeness and volatility may exhibit opposite behaviour. Investors do not …

results confirm an interplay between a modern portfolio theory, Efficient Market Hypothesis (EMH), contract theory, and … general economic theory, and also provide new insights for stakeholders in investment decisions and strategies, cross …

deductive theory based on simplified rationality of the physical world. The behaviour of the markets cannot be derived from …

This paper examines long-term price overreactions in various financial markets (commodities, US stock market and FOREX …

This paper examines short-term price reactions after one-day abnormal price changes and whether they create exploitable …