Limited attention, salient anchor, and the modified MAX effect: Evidence from Taiwan’s stock market
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DOI: 10.1016/j.najef.2023.101904
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- Lee, Hsiu-Chuan & Lien, Donald & Sheu, Her-Jiun & Yang, Chung-Jen, 2024. "An extension analysis of Amihud's illiquidity premium: Evidence from the Taiwan stock market," Pacific-Basin Finance Journal, Elsevier, vol. 87(C).
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More about this item
Keywords
Anchoring bias; Investor attention; Modified MAX effect; Recency bias; 52-week high;All these keywords.
JEL classification:
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
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