Purpose The purpose of this paper is to comprehensively review a large and heterogeneous
body of academic literature on investors' feedback trading, one of the most popular trading …

The price-bubble and crash formation process is theoretically investigated in a two-asset
equilibrium model. Sufficient and necessary conditions are derived for the existence of …

This study sheds light on the still-unknown cause of the Monday effect, by providing explicit
evidence on the trading behavior of different types of investors, using complete trading data …

Using exact and complete Korean data of investor trading, we provide an anatomy of
investor types' trading throughout the short‐horizon overshooting‐and‐reversal pattern in …

Foreign (equity portfolio) investors have been characterized as return chasers in both the
empirical and theoretical literature. Using 1996–1998 investor trading data from Korea …

Although overnight-versus-daytime return reversals have often been ascribed to the
heterogeneous clienteles of the overnight and daytime sessions, there exists no evidence to …

A crucial aspect of every experiment is the formulation of hypotheses prior to data collection.
In this paper, we use a simulation-based approach to generate synthetic data and formulate …

В монографии рассмотрены актуальные проблемы, связанные с исследованием
девиантного экономического поведения личности;; проанализированы современные …

We first review empirical evidence that asset prices have had episodes of large fluctuations
and been inefficient for at least 200 years. We briefly review recent theoretical results as well …

We develop an agent-based model of a financial market which is able to jointly reproduce
many of the stylised facts at different time scales. These include properties related to returns …