This article focuses on investor sentiment and its relationships to stock returns and volatility in the Chinese stock market. By using mutual fund flows as a substitute for investor sentiment for different stocks, this study finds that investor sentiment has a tremendous impact on stock returns...

Intertemporal choice has been drawing attention in econophysics and neuroeconomics. In this paper, we experimentally estimate the parameters and AICc (Akaike Information Criterion with small sample correction) of intertemporal choice models (exponential, simple hyperbolic, quasi hyperbolic, and...