We investigate the impact of vividness on trading behavior in an experimental asset market, by contrasting vivid with pallid presentation of information. Vivid information is characterized as emotionally engaging and proximate, while pallid information is purely factual. Our design enables us to...

Using overnight volatility as the proxy for overnight information, this paper models future Chinese stock market realized range-based volatility (RRV) within a class of heterogeneous autoregressive models augmented by this proxy. We confirm the important role of overnight information in...

The stock price index is a thermometer reflecting changes in the stock market, and can convey key information on capital market dynamics and trends to investors. This paper empirically investigates the impact of index adjustments on corporate social responsibility performance by employing the...