[图书][B] Finance for normal people: how investors and markets behave
M Statman - 2017 - books.google.com
Finance for Normal People teaches behavioral finance to people like you and me-normal
people, neither rational nor irrational. We are consumers, savers, investors, and managers …
people, neither rational nor irrational. We are consumers, savers, investors, and managers …
[图书][B] Behavioral finance: The second generation
M Statman - 2019 - books.google.com
Behavioral finance presented in this book is the second-generation of behavioral finance.
The first generation, starting in the early 1980s, largely accepted standard finance's notion of …
The first generation, starting in the early 1980s, largely accepted standard finance's notion of …
Dynamic inconsistency in risky choice: Evidence from the lab and field
We document a robust dynamic inconsistency in risky choice. Using a unique brokerage
dataset and a series of experiments, we compare people's initial risk-taking plans to their …
dataset and a series of experiments, we compare people's initial risk-taking plans to their …
The portfolio‐driven disposition effect
The disposition effect for a stock significantly weakens if the portfolio is at a gain, but is large
when it is at a loss. We find this portfolio‐driven disposition effect (PDDE) in four …
when it is at a loss. We find this portfolio‐driven disposition effect (PDDE) in four …
Should retail investors' leverage be limited?
Does the provision of leverage to retail traders improve market quality or facilitate socially
inefficient speculation that enriches financial intermediaries? We evaluate the effects of …
inefficient speculation that enriches financial intermediaries? We evaluate the effects of …
Investigating online financial misinformation and its consequences: A computational perspective
The rapid dissemination of information through digital platforms has revolutionized the way
we access and consume news and information, particularly in the realm of finance …
we access and consume news and information, particularly in the realm of finance …
Attention triggers and investors' risk-taking
M Arnold, M Pelster, MG Subrahmanyam - Journal of Financial Economics, 2022 - Elsevier
This paper investigates how individual attention triggers influence financial risk-taking based
on a large sample of trading records from a brokerage service that sends standardized push …
on a large sample of trading records from a brokerage service that sends standardized push …
Performance and learning in an ambiguous environment: A study of cryptocurrency traders
We investigate the performance and learning ability of traders in an environment governed
by ambiguity, such as the cryptocurrency market. Using a profit decomposition methodology …
by ambiguity, such as the cryptocurrency market. Using a profit decomposition methodology …
Investor overconfidence and the security market line: New evidence from China
This paper documents a highly downward-sloping security market line (SML) in China,
which is more puzzling than the typical “flattened” SML in the US, and does not reconcile …
which is more puzzling than the typical “flattened” SML in the US, and does not reconcile …
Biased by choice: How financial constraints can reduce financial mistakes
We show that constraints can improve financial decision-making by disciplining behavioral
biases. In financial markets, restrictions on leverage limit traders' ability to borrow to open …
biases. In financial markets, restrictions on leverage limit traders' ability to borrow to open …