When is Market the Benchmark? Reinforcement Evidence from Repurchase Decisions
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- Peiran Jiao & Heinrich H. Nax, 2016. "When is Market the Benchmark? Reinforcement Evidence from Repurchase Decisions," Economics Papers 2016-W01, Economics Group, Nuffield College, University of Oxford.
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More about this item
Keywords
Reinforcement; Stock Repurchasing; Aspiration Adjustment;All these keywords.
JEL classification:
- G02 - Financial Economics - - General - - - Behavioral Finance: Underlying Principles
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
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