Content
January 2019, Volume 20, Issue 1
- 73-80 Does High Stock Price Synchronicity Always Hurt Mutual Fund Industry? Sentiment Matters
by Feng Dong & Son Dang Wilson - 81-95 Paradigm Conflict and the Wealth Effects of Blockholder Formation in Private Target Acquisitions
by Samer Adra & Elie Menassa - 96-106 Improved Mutual Fund Investment Choice Architecture
by Philip W. S. Newall & Katie N. Parker - 107-126 Individual Differences in the Disposition Effect
by Marco Cecchini & Emanuele Bajo & Paolo Maria Russo & Maurizio Sobrero
October 2018, Volume 19, Issue 4
- 1-1 Editorial Board EOV
by The Editors - 365-380 Trading Behavior and Monetary Policy News
by Lee A. Smales - 381-395 Family Governance Signals and Heterogeneous Preferences of Investors
by Keith Duncan & Tim Hasso - 396-406 Stock Returns and the Tone of Marketplace Information: Does Context Matter?
by Nicholas Mangee - 407-420 Informed and Uninformed Trading With Correlated Assets: An Experimental Study
by Philippe Grégoire & Jonathan Coupland - 421-433 Aggregate Investor Confidence in the Stock Market
by Chris Meier - 434-441 The Effect of Advanced Age and Equity Values on Risk Preferences
by David Blanchett & Michael Finke & Michael Guillemette - 442-449 Is CAPM a Behavioral Model? Estimating Sentiments from Rationalism
by Nicholas Apergis & Mobeen Ur Rehman - 450-461 A New Method of Measuring Financial Risk Aversion Using Hypothetical Investment Preferences: What Does It Say in the Case of Gender Differences?
by A. Seddik Meziani & Elliot Noma - 462-482 Relative Value Hedge Funds: A Behavioral Modeling of Hedge Fund Risk and Return Factors
by L. Mick Swartz & Farrokh Emami-Langroodi - 483-497 Herding Behavior among Exchange-Traded Funds
by Gerasimos G. Rompotis
July 2018, Volume 19, Issue 3
- 249-270 Anchoring-Adjusted Capital Asset Pricing Model
by Hammad Siddiqi - 271-290 The Paradoxical Behavioral Effects of a Directional Goal on Investors' Risk Perceptions and Valuation Judgments
by W. Brooke Elliot & Kristina Marie Rennekamp & Brian J. White - 291-307 Merger Speculation in Financial Media: The Valuation of Investigative Reporting
by Christopher Yost-Bremm & Emily Huang - 308-318 How (Over) Confident Are Financial Analysts?
by Ning Du & David V. Budescu - 319-333 Value Functions for Prospect Theory Investors: An Empirical Evaluation for U.S. Style Portfolios
by Evanthia K. Zervoudi - 334-348 Behavioral Factors in Equity Allocation Decisions: A Large-Scale Experimental Study With Context
by Lisa R. Anderson & Beth A. Freeborn & Jason P. Hulbert - 349-363 The Effect of Confidence in Valuation Estimates on Arbitrager Behavior and Market Prices
by Austin Murphy & Liang Fu
April 2018, Volume 19, Issue 2
- 125-140 Do Energy Prices Affect U.S. Investor Sentiment?
by Nicholas Apergis & Arusha Cooray & Mobeen Ur Rehman - 141-158 Global and Extreme Dependence Between Investor Sentiment and Stock Returns in European Markets
by Paulo Horta & Júlio Lobão - 159-176 The Availability Heuristic and Reversals Following Large Stock Price Changes
by Andrey Kudryavtsev - 177-189 Are Investors Rational When Valuing Loss Firms?
by Cécile Carpentier & Frédéric Romon & Jean-Marc Suret - 190-198 Impatience and Inconsistency in Intertemporal Choice: An Experimental Analysis
by María José Muñoz Torrecillas & Taiki Takahashi & Jesús Gil Roales-Nieto & Salvador Cruz Rambaud & Zaida Callejón Ruiz & Blas Torrecillas Jover - 199-208 Bank-Affiliated Mutual Fund Managers' Trading Patterns of Parent Banks' Stocks: International Evidence
by Fernando Gómez-Bezares & Wojciech Przychodzen - 209-220 Do Survey Probabilities Match Financial Market Beliefs?
by Robin L. Lumsdaine & Rogier J. D. Potter van Loon - 221-234 Measuring Financial Risk Attitude: How to Apply Both Regulatory and Scientific Criteria to Ensure Suitability
by Bernhard A. Metzger & Robert R. Fehr - 235-248 How Does High-Frequency Trading Affect Low-Frequency Trading?
by Kun Li & Rick Cooper & Ben Van Vliet
January 2018, Volume 19, Issue 1
- 1-15 Can Fraudulent Cues Be Transmitted by Innocent Participants?
by Pamela R. Murphy & Lynnette Purda & David Skillicorn - 16-29 Fund Portfolio Holdings and Affiliated Analyst's Objectivity: Do Equity and Employment Relationship Matter?
by Yugang Yin - 30-48 Investors' Personality Influences Investment Decisions: Experimental Evidence on Extraversion and Neuroticism
by Andreas Oehler & Stefan Wendt & Florian Wedlich & Matthias Horn - 49-61 CEO Optimism and the Credibility of Open-Market Stock Repurchase Announcements
by Thanh Nguyen & Liem T. Nguyen & Anh Duc Ngo & Hari Adhikari - 62-72 The Impact of Power Distance and Uncertainty Avoidance on Real Options Exercise: Potential for Suboptimal Time Delays and Value Destruction
by Derek Lehmberg & Matt Davison - 73-88 Herding by Foreign Institutional Investors: An Evidential Exploration for Persistence and Predictability
by Manojit Chattopadhyay & Ashish Kumar Garg & Subrata Kumar Mitra - 89-100 The Role of Regulatory Focus and Information in Investment Choice: Some Evidence Using Visual Cues to Frame Regulatory Focus
by Soo Yeong Ewe & Ferdinand A. Gul & Christina Kwai Choi Lee & Chia Yen Yang - 101-110 Eliciting Stock Market Expectations: The Effects of Question Wording on Survey Experience and Response Validity
by Alycia Chin & Wändi Bruine de Bruin - 111-124 Do Price Barriers Exist in the European Carbon Market?
by Fernando Palao & Angel Pardo
October 2017, Volume 18, Issue 4
- 1-1 EOV Editorial Board
by The Editors - 373-389 Firm Performance in the Face of Fear: How CEO Moods Affect Firm Performance
by Ali Akansu & James Cicon & Stephen P. Ferris & Yanjia Sun - 390-399 Investor Attention Strategy
by Xuewu (Wesley) Wang - 400-416 Herding Behavior in CEE Stock Markets Under Asymmetric Conditions: A Quantile Regression Analysis
by Maria-Miruna Pochea & Angela-Maria Filip & Andreea-Maria Pece - 417-426 New Evidence on Psychology and Stock Returns
by Nicholas Mangee - 427-447 Crossing of Psychological Price Levels: The Price Dynamics and Interaction between S&P500 Index and Index Futures
by Chueh-Yung Tsao & Chun I Lee & Yih-Wen Shyu - 448-456 What Explains Herd Behavior in the Chinese Stock Market?
by Terence Tai-Leung Chong & Xiaojin Liu & Chenqi Zhu - 457-469 New Evidence of Psychological Barrier from the Oil Market
by Paresh Kumar Narayan & Kumari Ranjeeni & Deepa Bannigidadmath - 470-477 Financial Advertising in the Second Generation of Behavioral Finance
by Meir Statman - 478-489 Herding, Faith-Based Investments and the Global Financial Crisis: Empirical Evidence From Static and Dynamic Models
by Stavros Stavroyiannis & Vassilios Babalos - 490-490 Erratum
by The Editors
July 2017, Volume 18, Issue 3
- 249-257 Emotions Matter: Sentiment and Momentum in Foreign Exchange
by Matthias W. Uhl - 258-270 Are Oil Price News Headlines Statistically and Economically Significant for Investors?
by Seema Narayan & Paresh Kumar Narayan - 271-280 Disposition Effect and Tolerance to Losses in Stock Investment Decisions: An Experimental Study
by Robson Braga & Luiz Paulo Lopes Fávero - 281-303 The Efficiency of Stock-Based Incentives: Experimental Evidence
by Steven Huddart & Abdullah Yavas - 304-328 Stock Price Reaction to News: The Joint Effect of Tone and Attention on Momentum
by Thanh D. Huynh & Daniel R. Smith - 329-343 Investor Overreaction to Analyst Reference Points
by Jean-Sébastien Michel - 344-357 Do Psychological Fallacies Influence Trading in Financial Markets? Evidence from the Foreign Exchange Market
by Michael Bleaney & Spiros Bougheas & Zhiyong Li - 358-372 Investor Attention and Global Stock Returns
by Tao Chen
April 2017, Volume 18, Issue 2
- 125-142 What You Think You Know: The Effects of Prior Financial Education and Readability on Financial Disclosure Processing
by Taejun (David) Lee & TaiWoong Yun & Eric Haley - 143-151 Implications from Biased Probability Judgments for International Disparities in Momentum Returns
by Kai Duttle & Keigo Inukai - 152-166 Behavioral Timing, Valuation and Postissue Performance of UK Initial Public Offerings
by Heba Ahmed Abass Ali - 167-179 Stock and Industry Return Characteristics Around Price Shocks
by Michael B. McDonald IV - 180-188 Name-Based Behavioral Biases: Are Expert Investors Immune?
by Jennifer Itzkowitz & Jesse Itzkowitz - 189-201 Disposition Effect and Diminishing Sensitivity: An Analysis Based on a Simulated Experimental Stock Market
by Youki Kohsaka & Grzegorz Mardyla & Shinji Takenaka & Yoshiro Tsutsui - 202-218 The Information Environment, Informed Trading, and Volatility
by Natividad Blasco & Pilar Corredor - 219-230 Mind the Gap: Inconsistencies Between Subjective and Objective Financial Risk Tolerance
by Nicoletta Marinelli & Camilla Mazzoli & Fabrizio Palmucci - 231-248 The Use of EDGAR Filings by Investors
by Tim Loughran & Bill McDonald
January 2017, Volume 18, Issue 1
- 1-13 Investment Professionals' Ability to Detect Deception: Accuracy, Bias and Metacognitive Realism
by Maria Hartwig & Jason A. Voss & Laure Brimbal & D. Brian Wallace - 14-28 Cognitive Dissonance as an Explanation of Goodwill Write-Offs
by Sohyung Kim & Darlene Bay - 29-44 Belief in Mean Reversion and the Disposition Effect: An Experimental Test
by Peiran Jiao - 45-53 Diversification Bias and the Law of One Price: An Experiment on Index Mutual Funds
by Nathan Mauck & Leigh Salzsieder - 54-64 From Returns to Tweets and Back: An Investigation of the Stocks in the Dow Jones Industrial Average
by Pieter de Jong & Sherif Elfayoumy & Oliver Schnusenberg - 65-77 An Investigation of Analysts' Praise of Management During Earnings Conference Calls
by Jonathan A. Milian & Antoinette L. Smith - 78-85 An Experimental Study of Influences of Performance-Related Payments on Timing of Delegated Stock Purchases
by Tommy Gärling & Maria Andersson & Martin Hedesström & Anders Biel - 86-98 Archetypes as Triggers of Financial Bubbles
by Niklas Hageback - 99-113 Information Sharing within the Networks of Delegated Portfolio Managers: Evidence from Plan Sponsors and Their Subadvisers
by Ning Ding & Jerry Parwada & Jianfeng Shen - 114-124 The Neural Inhibition of Learning Increases Asset Market Bubbles: Experimental Evidence
by Levan Efremidze & George Sarraf & Karen Miotto & Paul J. Zak
October 2016, Volume 17, Issue 4
- 309-320 The Role of Industry Effects in Simultaneous Reversal and Momentum Patterns in One-Month Stock Returns
by Marc W. Simpson & Axel Grossman - 321-335 Predicting Equity Markets with Digital Online Media Sentiment: Evidence from Markov-switching Models
by Steven J. Nooijen & Simon A. Broda - 336-341 Career Risk
by Joachim Klement - 342-351 A Study of Social Network Effects on the Stock Market
by Markum Reed - 352-364 When and Where Are Informed Traders? What Is Their Relationship with Analysts in the Price Discovery Process?
by Natividad Blasco & Pilar Corredor - 365-381 Information Transmission Through Rumors in Stock Markets: A New Evidence
by Chun-Da Chen & Ali M. Kutan - 382-388 Culture in Preferences for Income Equality and Safety Nets
by Meir Statman - 389-389 EOV Editorial Board
by The Editors
July 2016, Volume 17, Issue 3
- 201-216 Analyst Behavior: The Geography of Social Interaction
by Frederik König - 217-228 The Effect of Style, Feedback, and Context on Portfolio Exploratory Behavior
by Sheridan Taylor & Roger Taylor - 229-243 What Is Common Among Return Anomalies? Evidence from Insider Trading
by Levon Goukasian & Qingzhong Ma & Wei Zhang - 244-266 Reputational Herding in Financial Markets: A Laboratory Experiment
by Andreas Roider & Andrea Voskort - 267-279 Behavioral Factors Affecting the Home Bias Phenomenon: Experimental Tests
by Sivan Riff & Yossi Yagil - 280-292 Overconfidence and Bubbles in Experimental Asset Markets
by Julija Michailova & Ulrich Schmidt - 293-308 Predatory-Prey Decision Making During Market Bubbles—Preliminary Evidence from a Neurobiological Study
by Olivier Mesly & Stéphane Bouchard
April 2016, Volume 17, Issue 2
- 99-123 Irrational Mutual Fund Managers: Explaining Differences in Their Behavior
by Sina Wulfmeyer - 124-143 The Idiosyncratic Risk-Return Relation: A Quantile Regression Approach Based on the Prospect Theory
by Bong-Soo Lee & Leon Li - 144-156 Pension Fund Herding and the Influence of Management Style
by Mercedes Alda & Luis Ferruz - 157-182 Identifying the Transition from Efficient-Market to Herding Behavior: Using a Method from Econophysics
by María José Muñoz Torrecillas & Rossitsa Yalamova & Bill McKelvey - 183-199 Stock Characteristics, Investor Type, and Market Myopia
by Cristina Del Rio & Rafael Santamaria
January 2016, Volume 17, Issue 1
- 1-17 Soft Strategic Information and IPO Underpricing
by James C. Brau & James Cicon & Grant McQueen - 18-30 Changes in Investors' Market Attention and Near-Term Stock Market Returns
by Antti Klemola & Jussi Nikkinen & Jarkko Peltomäki - 31-44 Management Speaks, Investors Listen: Are Investors Too Focused on Managerial Disclosures?
by Lisa Koonce & Nick Seybert & James Smith - 45-59 Investor Attention on the Social Web
by Xian Li & James A. Hendler & John L. Teall - 60-84 Interviews with Institutional Investors: The How and Why of Active Investing
by F. Douglas Foster & Geoffrey J. Warren - 85-98 Psychological Points of Equilibrium in Asset Valuation During Market Bubbles
by Olivier Mesly & David Tessier
October 2015, Volume 16, Issue 4
- 1-1 EOV Editorial Board
by The Editors - 279-296 Risk Information and Retirement Investment Choice Mistakes Under Prospect Theory
by Hazel Bateman & Ralph Stevens & Andy Lai - 297-310 A Cumulative Prospect View on Portfolios that Hold Structured Products
by Jürgen Vandenbroucke - 311-326 Trading Behavior of Institutional Investors and Stock Index Futures Returns in Taiwan
by Hung-Cheng Lai & Kuan-Min Wang - 327-343 Trading Volume, Heterogeneous Expectations, and Earnings Announcements
by Thanh Huong Dinh & Jean-François Gajewski - 344-356 Misvaluation and Behavioral Bias in Financial Markets
by Jayendra Gokhale & Carol Horton Tremblay & Victor J. Tremblay - 357-372 Information Diffusion and Momentum in Laboratory Markets
by Shengle Lin - 373-386 Analyst Herding Behavior and Analyst Affiliation: Evidence from Business Groups
by Junghee Lee & Jung-wha Lee
July 2015, Volume 16, Issue 3
- 199-205 Born for Finance? Experimental Evidence of the Impact of Finance Education
by Bryan C. McCannon & Jeffrey Peterson - 206-219 Investor Sentiment and Financial Market Volatility
by Hui-Chu Shu & Jung-Hsien Chang - 220-230 Brain Activity of the Investor's Stock Market Financial Decision
by João Paulo Vieito & Armando Freitas da Rocha & Fabio Theoto Rocha - 231-249 Subjective Probability in Behavioral Economics and Finance: A Radical Reformulation
by H. Joel Jeffrey & Anthony O. Putman - 250-266 Wealth Maximization in the Context of Blind Trust – A Neurobiological Research
by Olivier Mesly - 267-277 Investor Inattention and Under-Reaction to Repurchase Announcements
by Lee-Young Cheng & Zhipeng Yan & Yan Zhao & Li-Ming Gao
April 2015, Volume 16, Issue 2
- 105-119 Time-Varying Market Price of Risk and Investor Sentiment: Evidence from a Multivariate GARCH Model
by David W. Johnk & Gökçe Soydemir - 120-129 An Experimental Study of the Effect of Market Performance on Annuitization and Equity Allocations
by Julie R. Agnew & Lisa R. Anderson & Lisa R. Szykman - 130-139 Stock Market Image: The Good, the Bad, and the Ugly
by Dawn M. Dobni & Marie D. Racine - 140-149 Overcoming Cognitive Biases: A Heuristic for Making Value Investing Decisions
by Eben Otuteye & Mohammad Siddiquee - 150-162 The Freeze-out Bond Exchange Offer: An Experimental Approach
by Flavio Bazzana & Luigi Mittone & Luciano Andreozzi - 163-172 Are Emerging Market Investors Overly Pessimistic in Extreme Risk-off Periods?
by Jan Viebig - 173-182 Detecting Lies in the Financial Industry: A Survey of Investment Professionals' Beliefs
by Maria Hartwig & Jason A. Voss & D. Brian Wallace - 183-198 Asset Legitimacy in Experimental Asset Markets
by Debapriya Jojo Paul & Julia Henker & Sian Owen
January 2015, Volume 16, Issue 1
- 1-11 The Use of Word Lists in Textual Analysis
by Tim Loughran & Bill McDonald - 12-19 Impact of Information Disclosure on Prices, Volume, and Market Volatility: An Experimental Approach
by Yang Zhang & Hong Zhang & Michael J. Seiler - 20-39 Why Might Investors Choose Active Management?
by F. Douglas Foster & Geoffrey J. Warren - 40-50 Adaptive Trading and Longevity
by Ryan Garvey & Fei Wu - 51-67 Investor Sentiment and Stock Market Liquidity
by Shuming Liu - 68-80 On the Persistence of Overconfidence: Evidence From Multi-Unit Auctions
by Emmanuel Morales-Camargo & Orly Sade & Charles Schnitzlein & Jaime F. Zender - 81-93 Investor Sentiment and Short-Term Returns for Size-Adjusted Value and Growth Portfolios
by Doug Waggle & Pankaj Agrrawal - 94-103 How Investor Perceptions Drive Actual Trading and Risk-Taking Behavior
by Arvid O. I. Hoffmann & Thomas Post & Joost M. E. Pennings
October 2014, Volume 15, Issue 4
- 1-1 Editorial Board Page: EoV
by The Editors - 277-286 The Effects of Earnings Guidance on Investors’ Perceptions of Firm Credibility in a Two-Firm Setting
by Mario J. Maletta & Yue Zhang - 287-298 Reuters Sentiment and Stock Returns
by Matthias W. Uhl - 299-311 Do Institutional and Individual Investors Differ in Their Preference for Financial Skewness?
by Kimberly F. Luchtenberg & Michael J. Seiler - 312-317 The Time Varying Relation Between Consumer Confidence and Equities
by Cetin Ciner - 318-333 Psychological Oil Price Barrier and Firm Returns
by Paresh Kumar Narayan & Seema Narayan - 334-340 The Credit Crisis and De Nova Mimicking in Security Analysis
by Mike Cudd & Marcelo Eduardo & Lloyd Roberts - 341-350 Behavioral Finance in Joseph de la Vega's Confusion de Confusiones
by Teresa Corzo & Margarita Prat & Esther Vaquero - 351-359 On the Internal Consistency of Stock Market Forecasts
by Christian Pierdzioch & Jan-Christoph Rülke
July 2014, Volume 15, Issue 3
- 161-175 Managerial Expectations of Synergy and the Performance of Acquiring Firms: The Contribution of Soft Data
by James Cicon & Jonathan Clarke & Stephen P. Ferris & Narayanan Jayaraman - 175-183 Analysts’ Forecast Dispersion and Stock Returns: A Quantile Regression Approach
by Ming-Yuan (Leon) Li & Jyong-Sian Wu - 184-194 A Behavioral Shift in Earnings Response After Regulation FD
by Seung Woog Kwag - 195-213 Do Newspaper Articles Predict Aggregate Stock Returns?
by Manuel Ammann & Roman Frey & Michael Verhofen - 214-225 The Core of Predation: The Predatory Core—Finding the Neurobiological Center of Financial Predators and Preys
by Olivier Mesly - 226-234 A Social-Psychological Perspective on Herding in Stock Markets
by Maria Andersson & Martin Hedesström & Tommy Gärling - 235-250 Individual Characteristics and the Disposition Effect: The Opposing Effects of Confidence and Self-Regard
by Kathryn Kadous & William B. Tayler & Jane M. Thayer & Donald Young - 251-268 Psychology, Stock/FX Trading and Option Prices
by Alan Beilis & Jan W. Dash & Jacqueline Volkman Wise - 269-276 Determinants of Inflow to Mutual Funds: Criterion and Methodology for Their Application to the Mainland China Market
by Tzu-Yi Yang & Yu-Tai Yang
April 2014, Volume 15, Issue 2
- 79-88 Double Bubbles in Assets Markets With Multiple Generations
by Cary Deck & David Porter & Vernon Smith - 89-98 The Effect of Word-of-Mouth Communication on Stock Holdings and Trades: Empirical Evidence From an Emerging Market
by Metin Argan & Guven Sevil & Abdullah Yalama - 99-108 Decision Utility and Anticipated Discrete Emotions: An Investment Decision Model
by Philip Y. K. Cheng - 109-119 Mr. Market's Mind: Finance's Hard Problem
by Patrick Schotanus - 120-132 The New York Times and Wall Street Journal: Does Their Coverage of Earnings Announcements Cause “Stale” News to Become “New” News?
by Matthew Pinnuck - 133-143 Information and Investor Behavior Surrounding Earnings Announcements
by C. José García & Begoña Herrero & Ana M. Ibáñez - 144-159 Intraday Stock Market Behavior After Shocks: The Importance of Bull and Bear Markets in Spain
by Jose Luis Miralles-Marcelo & Jose Luis Miralles-Quiros & Maria del Mar Miralles-Quiros
January 2014, Volume 15, Issue 1
- 1-15 Throwing Good Money After Bad? The Impact of the Escalation of Commitment of Mutual Fund Managers on Fund Performance
by Yu-En Lin & Whei-May Fan & Hsiang-Hsuan Chih - 16-29 Excessive Volatility is Also a Feature of Individual Level Forecasts
by Anjali Nursimulu & Peter Bossaerts - 30-42 A Turning Point Method For Measuring Investor Sentiment
by Ray R. Sturm - 43-55 The PR Premium
by Smadar Siev - 56-69 Security Returns and Tax Aversion Bias: Behavioral Responses to Tax Labels
by Kay Blaufus & Axel Möhlmann - 70-77 Exploring Ambiguity and Familiarity Effects in The “Earnings Game” Between Managers and Investors
by Ning Du & Marjorie K. Shelley