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Judgmental extrapolation and market overreaction: On the use and disuse of news
16 references·16 citing·40 second hopsampled
Judgmental extrapolation and market overreaction: On the use and disuse of news (1990)Judgmental extrapolation and market overr…New Directions in Attribution Research (2018)New Directions in Attribution…Fads, Martingales, and Market Efficiency (1990)Fads, Martingales, and Market…Permanent and Temporary Components of Stock Prices (1988)Permanent and Temporary Compo…The Relation Between Price Changes and Trading Volume: A Survey (1987)The Relation Between Price Ch…Further Evidence On Investor Overreaction and Stock Market Seasonality (1987)Further Evidence On Investor …Exponential smoothing: The state of the art (1985)Exponential smoothing: The st…Does the Stock Market Overreact? (1985)Does the Stock Market Overrea…The accuracy of extrapolation (time series) methods: Results of a forecasting competition (1982)The accuracy of extrapolation…Judgment under uncertainty: Heuristics and biases (1982)Judgment under uncertainty: H…The base-rate fallacy in probability judgments (1980)The base-rate fallacy in prob…Syntax and Semantics:" Vol. 3, "Speech Acts (1977)Syntax and Semantics:" Vol. 3…On the psychology of prediction. (1973)On the psychology of predicti…Man as an intuitive statistician. (1967)Man as an intuitive statistic…Conservatism in a simple probability inference task. (1966)Conservatism in a simple prob…The Behavior of Stock-Market Prices (1965)The Behavior of Stock-Market …Forecasting Sales by Exponentially Weighted Moving Averages (1960)Forecasting Sales by Exponent…Do news headlines matter in the cryptocurrency market? (2022)Do news headlines matter in t…Volatility as a Transmitter of Systemic Risk: Is there a Structural Risk in Finance? (2020)Volatility as a Transmitter o…Using Models to Persuade (2020)Using Models to PersuadeBuy, sell, or hold? A sense-making account of factors influencing trading decisions (2017)Buy, sell, or hold? A sense-m…Stock salience and the asymmetric market effect of consumer sentiment news (2012)Stock salience and the asymme…Choosing and Changing Financial Advisors: An fMRI Study of Associated Brain Activations (2012)Choosing and Changing Financi…Sensitivity to autocorrelation in judgmental time series forecasting (2011)Sensitivity to autocorrelatio…Coexistence of disposition investors and momentum traders in stock markets: experimental evidence (2003)Coexistence of disposition in…Heuristic‐Driven Bias: The First Theme (2002)Heuristic‐Driven Bias: The Fi…Improving the voluntary integration of statistical forecasts and judgment (2000)Improving the voluntary integ…Are Investors Reluctant to Realize Their Losses? (2000)Are Investors Reluctant to Re…The Role of Macroeconomic Psychology (1999)The Role of Macroeconomic Psy…IPO Underpricing, Trading Volume, and Investor Interest (1998)IPO Underpricing, Trading Vol…Rumor and Prediction: Making Sense (but Losing Dollars) in the Stock Market (1997)Rumor and Prediction: Making …Heuristics, biases and improvement strategies in judgmental time series forecasting (1994)Heuristics, biases and improv…The near optimality of adaptive expectations (1993)The near optimality of adapti…Belief in the law of small numbers. (1971)Subjective probability: A judgment of representativeness (1972)Availability: A heuristic for judging frequency and probability (1973)Judgment under Uncertainty: Heuristics and Biases (1974)Judgment under Uncertainty: Heuristics and Biases (1975)Telling more than we can know: Verbal reports on mental processes. (1977)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The relationship between return and market value of common stocks (1981)Noise Trader Risk in Financial Markets (1990)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Investor Psychology and Security Market Under‐ and Overreactions (1998)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)Portfolio Selection: Efficient Diversification of Investments (1959)Dividend Policy, Growth, and the Valuation of Shares (1961)Risk, Return, and Equilibrium: Empirical Tests (1973)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)The General Theory of Employment, Interest and Money. (1936)Norm theory: Comparing reality to its alternatives. (1986)Positive Feedback Investment Strategies and Destabilizing Rational Speculation (1990)Investor Psychology and Asset Pricing (2001)Judgment Under Uncertainty: Heuristics and Biases. (1984)The Cross-Section of Expected Stock Returns (1992)Multifactor Explanations of Asset Pricing Anomalies (1996)The Information Content of Annual Earnings Announcements (1968)A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)Differences of Opinion Make a Horse Race (1993)Market liquidity and volume around earnings announcements (1994)Autoregressive Conditional Duration: A New Model for Irregularly Spaced Transaction Data (1998)The Elaboration Likelihood Model of Persuasion (1986)Ethical Decision Making by Individuals in Organizations: An Issue-Contingent Model (1991)Differences between entrepreneurs and managers in large organizations: Biases and heuristics in strategic decision-making (1997)The Noise Trader Approach to Finance (1990)Do Industries Explain Momentum? (1999)Maxing out: Stocks as lotteries and the cross-section of expected returns (2010)25 years of time series forecasting (2006)Forecasting Time Series With Complex Seasonal Patterns Using Exponential Smoothing (2011)The role of theories in conceptual coherence. (1985)Phonological recoding and self-teaching: sine qua non of reading acquisition (1995)Human-Machine Reconfigurations: Plans and Situated Actions (2006)
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References

  • 1965The Behavior of Stock-Market Prices8,707 cited
  • 1985Does the Stock Market Overreact?7,569 cited
  • 1973On the psychology of prediction.6,201 cited
  • 1982Judgment under uncertainty: Heuristics and biases3,643 cited
  • 1988Permanent and Temporary Components of Stock Prices3,036 cited
  • 1987The Relation Between Price Changes and Trading Volume: A Survey2,380 cited
  • 1987Further Evidence On Investor Overreaction and Stock Market Seasonality2,374 cited
  • 1960Forecasting Sales by Exponentially Weighted Moving Averages2,117 cited
  • 1977Syntax and Semantics:" Vol. 3, "Speech Acts1,684 cited
  • 1990Fads, Martingales, and Market Efficiency1,596 cited
  • 1982The accuracy of extrapolation (time series) methods: Results of a forecasting competition1,465 cited
  • 1985Exponential smoothing: The state of the art1,461 cited
  • 1980The base-rate fallacy in probability judgments1,184 cited
  • 2018New Directions in Attribution Research1,175 cited
  • 1967Man as an intuitive statistician.966 cited
  • 1966Conservatism in a simple probability inference task.

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856 cited

Cited by

  • 1997Rumor and Prediction: Making Sense (but Losing Dollars) in the Stock Market127 cited
  • 2020Using Models to Persuade120 cited
  • 2000Improving the voluntary integration of statistical forecasts and judgment98 cited
  • 2012Stock salience and the asymmetric market effect of consumer sentiment news77 cited
  • 2011Sensitivity to autocorrelation in judgmental time series forecasting57 cited
  • 1998IPO Underpricing, Trading Volume, and Investor Interest48 cited
  • 1994Heuristics, biases and improvement strategies in judgmental time series forecasting47 cited
  • 2022Do news headlines matter in the cryptocurrency market?44 cited
  • 2003Coexistence of disposition investors and momentum traders in stock markets: experimental evidence44 cited
  • 2020Volatility as a Transmitter of Systemic Risk: Is there a Structural Risk in Finance?38 cited
  • 1993The near optimality of adaptive expectations21 cited
  • 2000Are Investors Reluctant to Realize Their Losses?8 cited
  • 1999The Role of Macroeconomic Psychology8 cited
  • 2012Choosing and Changing Financial Advisors: An fMRI Study of Associated Brain Activations4 cited
  • 2002Heuristic‐Driven Bias: The First Theme2 cited
  • 2017Buy, sell, or hold? A sense-making account of factors influencing trading decisions2 cited