Despite much discussion in the psychology and marketing literature as to how emotions
influence decision-making, this area of analysis has been largely neglected in the finance …

This study provides empirical evidence supporting Hirshleifer's psychology-based asset-
pricing theory proposition that investors' emotions affect contemporary stock returns. The …

Motivated by the puzzling null impact of high‐frequency‐based jumps on future volatility, this
paper exploits the rich information content in high‐frequency jump intensity with a mark …

Recent studies suggest that investor emotions might cause securities to be mispriced. We
build an investment strategy around the mispricing opportunities identified in two papers that …