Behavioral finance studies the application of psychology to finance, with a focus on
individual-level cognitive biases. I describe here the sources of judgment and decision …

Financial decisions are among the most important life-shaping decisions that people make.
We review facts about financial decisions and what cognitive and neural processes …

From the field's leading authority, the most authoritative and comprehensive advanced-level
textbook on asset pricing In Financial Decisions and Markets, John Campbell, one of the …

Social interaction contributes to some traders' disposition effect. New data from an
investment-specific social network linked to individual-level trading records builds evidence …

This paper examines the relation between air pollution and individual investors' trading
behavior and performance. Using unique data on stock trades by 87,504 individuals from 34 …

We test whether the display of information causally affects investor behavior in a high‐stakes
trading environment. Using investor‐level brokerage data from China and a natural …

This paper investigates financial attention using novel panel data on daily investor online
account logins. We find support for selective attention to portfolio information. Account logins …

We analyze brokerage data and an experiment to test a cognitive dissonance based theory
of trading: investors avoid realizing losses because they dislike admitting that past …

Household financial decisions are complex, interdependent, and heterogeneous, and
central to the functioning of the financial system. We present an overview of the rapidly …

We test a frog-in-the-pan (FIP) hypothesis that predicts investors are inattentive to
information arriving continuously in small amounts. Intuitively, we hypothesize that a series …