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Market behavior in the presence of costly, imperfect information: Experimental evidence
16 references·1 citing·36 second hop
Market behavior in the presence of costly, imperfect information: Experimental evidence (1997)Market behavior in the presence of costly…Analysis of Panel Data (2003)Analysis of Panel DataMeasuring abnormal performance (1992)Measuring abnormal performanceEvidence that stock prices do not fully reflect the implications of current earnings for future earnings (1990)Evidence that stock prices do…Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium? (1989)Post-Earnings-Announcement Dr…Rational Expectations and the Aggregation of Diverse Information in Laboratory Security Markets (1988)Rational Expectations and the…Organizational behavior and human decision processes (1988)Organizational behavior and h…Further Evidence On Investor Overreaction and Stock Market Seasonality (1987)Further Evidence On Investor …Do Biases in Probability Judgment Matter in Markets? Experimental Evidence (1987)Do Biases in Probability Judg…The theory and practice of econometrics (1986)The theory and practice of ec…Does the Stock Market Overreact? (1985)Does the Stock Market Overrea…Efficiency of Experimental Security Markets with Insider Information: An Application of Rational-Expectations Models (1982)Efficiency of Experimental Se…The base-rate fallacy in probability judgments (1980)The base-rate fallacy in prob…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…Information and Competitive Price Systems (1976)Information and Competitive P…On the psychology of prediction. (1973)On the psychology of predicti…Information dissemination and the distribution of wealth: Evidence from experimental asset markets (1998)Information dissemination and…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)Editor's Choice Digesting Anomalies: An Investment ApproachRisk, Return, and Equilibrium: Empirical Tests (1973)Mean reversion in stock prices (1988)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Investor Psychology and Asset Pricing (2001)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)Judgment Under Uncertainty: Heuristics and Biases. (1984)The Cross-Section of Expected Stock Returns (1992)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)Prospect theory: An analysis of decision under risk (1988)Perceived Usefulness, Perceived Ease of Use, and User Acceptance of Information Technology (1989)Absorptive Capacity: A New Perspective on Learning and Innovation (1990)A Comparison of the Theory of Planned Behavior and the Theory of Reasoned Action (1992)Emotional Labor in Service Roles: The Influence of Identity (1993)HARKing: Hypothesizing After the Results are Known (1998)Noise Trader Risk in Financial Markets (1990)Efficient Capital Markets: II (1991)Investor Psychology and Security Market Under‐ and Overreactions (1998)More Than Words: Quantifying Language to Measure Firms' Fundamentals (2008)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)Asset pricing and the bid-ask spread (1986)The Effect of National Culture on the Choice of Entry Mode (1988)Consistent Covariance Matrix Estimation with Spatially Dependent Panel Data (1998)Initial conditions and moment restrictions in dynamic panel data models (1995)Econometric Analysis of Cross Section and Panel Data (2001)Unit root tests in panel data: asymptotic and finite-sample properties (2002)
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References

  • 2003Analysis of Panel Data7,858 cited
  • 1985Does the Stock Market Overreact?7,569 cited
  • 1973On the psychology of prediction.6,201 cited
  • 1980On the Impossibility of Informationally Efficient Markets5,122 cited
  • 1986The theory and practice of econometrics4,342 cited
  • 1980On the Impossibility of Informationally Efficient Markets3,640 cited
  • 1987Further Evidence On Investor Overreaction and Stock Market Seasonality2,374 cited
  • 1989Post-Earnings-Announcement Drift: Delayed Price Response or Risk Premium?2,314 cited
  • 1990Evidence that stock prices do not fully reflect the implications of current earnings for future earnings2,010 cited
  • 1988Organizational behavior and human decision processes1,753 cited
  • 1980The base-rate fallacy in probability judgments1,184 cited
  • 1976Information and Competitive Price Systems921 cited
  • 1992Measuring abnormal performance840 cited
  • 1988Rational Expectations and the Aggregation of Diverse Information in Laboratory Security Markets585 cited
  • 1982Efficiency of Experimental Security Markets with Insider Information: An Application of Rational-Expectations Models565 cited

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  • 1987Do Biases in Probability Judgment Matter in Markets? Experimental Evidence308 cited
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    • 1998Information dissemination and the distribution of wealth: Evidence from experimental asset markets18 cited