Narrow search
Showing 1 - 4 of 4
Cover Image
Penny wise, dollar foolish : buy-sell imbalances on and around round numbers
Bhattacharya, Utpal; Holden, Craig W.; Jacobsen, Stacey - In: Management science : journal of the Institute for … 58 (2012) 2, pp. 413-431
Persistent link: https://www.econbiz.de/10009512142
Cover Image
Penny Wise, Dollar Foolish : Buy-Sell Imbalances On and Around Round Numbers
Bhattacharya, Utpal - 2017
This paper provides evidence that stock traders focus on round numbers as cognitive reference points for value. Using a random sample of more than 100 million stock transactions, we find excess buying (selling) by liquidity demanders at all price points one penny below (above) round numbers....
Persistent link: https://www.econbiz.de/10012976654
Cover Image
Do superstitious traders lose money?
Bhattacharya, Utpal; Kuo, Wei-Yu; Lin, Tse-Chun; Zhao, Jing - In: Management science : journal of the Institute for … 64 (2018) 8, pp. 3772-3791
Persistent link: https://www.econbiz.de/10011900014
Cover Image
Abusing ETFs
Bhattacharya, Utpal; Loos, Benjamin; Meyer, Steffen; … - In: Review of finance : journal of the European Finance … 21 (2017) 3, pp. 1217-1250
Persistent link: https://www.econbiz.de/10011803819