Behavioral economics aspires to replace the agents of neoclassical economics with living, breathing human beings. Here, the author argues that behavioral economics, like its neoclassical counterpart, often neglects the role of active sense-making that motivates and guides much human behavior....

Purpose: Modelling security prices seem to be an ending debate in finance literature due to no clear consensus on behavioral patterns, Knowledge of stock price movement has always been an important source of information that is much needed in asset pricing and trading strategies, The aim of this...

The 4 th European Retail Investment Conference was hosted at Boerse Stuttgart, Germany, from May 17 th to 19 th 2017. The conference chairs invited academics and practitioners to participate and discuss empirical and theoretical research that investigates retail investor products and services,...

The generalized autoregressive conditional heteroscedastic model (GARCH) is used to estimate volatility for Nifty Index futures on day trades. The purpose is to find out if a contemporaneous or causal relation exists between volatility volume and open interest for Nifty Index futures traded on...

The correlation between savings and economic growth has been the subject of research for some well-known economists. This study provides further insight on such correlation by examining the case of Kosovo from both a qualitative and quantitative research methodology. The data used was from 2010...

This study explores the importance of central bank independence on stock market outcomes. Specifically, we examine the effects of President Recep Tayyip Erdogan's decree, which removes the top officials of the Central Bank of Turkey, on Borsa Istanbul returns. We use a well-established event...

Today, there are a lot of studies on climate change and sustainability from social sciences' perspectives. Achievements of sociology, psychology or political sciences can be extremely helpful in designing, adopting, implementing and evaluating of effective climate and sustainability policy....

Auf Kreditmärkten führen die Probleme der adversen Selektion und des Moral Hazard zu Kreditrationierung. Vermögenslose, die nicht zur Besicherung von Krediten fähig sind, haben daher keinen Zugang zu herkömmlichen Kreditmärkten. Die Einführung eines gegenseitigen anreizgesteuerten...