. Afterwards I use target prices to measure forecast bias and the growth in Earnings Per Share as signals, and regress analysts …' forecast bias over different deciles of favorable signals interacted with prior negative forecast bias in a dynamic panel data …I empirically study how confirmatory bias works for strong and contradictory signals using data on sell-side analysts …

affecting firms under coverage. We find that temporarily distracted analysts achieve lower forecast accuracy, revise forecasts … less frequently, and publish less informative forecast revisions relative to non-distracted analysts. Further, at the firm …

analysts’ forecast accuracy. We study whether analysts strategically manage decision fatigue. Firms within an analyst … lower, and the tendency to do so is further enhanced if the firm is also more difficult/complex to forecast. Analysts with …

an optimistic bias in their valuations, and tend to react with a delay to stock movements. The different measures of … uncertainty, financial stress and volatility affect their estimations a) fostering the optimistic bias, b) reducing the speed and …

for (and against) each putative bias, and I highlight when and how different biases may be related to each other. The …

, a bias in investor behavior that has received considerable attention in recent work, is transmitted from individual fund … managers to the team-managed funds they join. We show that teams heavily attenuate the influence of extrapolation bias on funds … biases. Our results highlight the attenuation of the extrapolation bias as a potential benefit of team-based asset management …