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Harnessing the Overconfidence of the Crowd: A Theory of SPACs
16 references·0 citing·55 second hopsampled
Harnessing the Overconfidence of the Crowd: A Theory of SPACs (2021)Harnessing the Overconfidence of the Crow…Flattening the Illiquidity Curve: Retail Trading During the COVID-19 Lockdown (2021)Flattening the Illiquidity Cu…Disclosure processing costs, investors’ information choice, and equity market outcomes: A review (2020)Disclosure processing costs, …Overconfidence, Compensation Contracts, and Capital Budgeting (2011)Overconfidence, Compensation …Exploiting Naïvete about Self-Control in the Credit Market (2010)Exploiting Naïvete about Self…Financial Contracting with Optimistic Entrepreneurs (2008)Financial Contracting with Op…Costly Information Processing: Evidence from Earnings Announcements (2008)Costly Information Processing…Rational Inattention: Beyond the Linear-Quadratic Case (2006)Rational Inattention: Beyond …Paying Not to Go to the Gym (2006)Paying Not to Go to the GymContracting with Diversely Naive Agents (2006)Contracting with Diversely Na…Mutual Fund Flows and Performance in Rational Markets (2004)Mutual Fund Flows and Perform…Contract Design and Self-Control: Theory and Evidence (2004)Contract Design and Self-Cont…Overconfidence and Speculative Bubbles (2003)Overconfidence and Speculativ…Implications of rational inattention (2003)Implications of rational inat…Learning to Be Overconfident (2001)Learning to Be OverconfidentBanking (Conservatively) with Optimists (1999)Banking (Conservatively) with…Security Analysis and Trading Patterns When Some Investors Receive Information Before Others (1994)Security Analysis and Trading…Some International Evidence on Output-Inflation Tradeoffs. (1973)An Economic Theory of Self-Control (1977)Golden Eggs and Hyperbolic Discounting (1997)Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve (2002)Were There Regime Switches in U.S. Monetary Policy? (2006)In Search of Attention (2011)Credit Rationing in Markets with Imperfect Information (1981)Estimating Discount Functions with Consumption Choices over the Lifecycle (2007)The Age of Reason: Financial Decisions over the Life-Cycle with Implications for Regulation (2009)Microcredit Under the Microscope: What Have We Learned in the Past Two Decades, and What Do We Need to Know? (2013)American Economic Review (2019)Myopia and Inconsistency in Dynamic Utility Maximization (1955)Doing It Now or Later (1999)What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World? (2007)Risk and Time Preferences: Linking Experimental and Household Survey Data from Vietnam (2010)When and Why Incentives (Don't) Work to Modify Behavior (2011)Judgment under Uncertainty: Heuristics and Biases (1974)Judgment under Uncertainty: Heuristics and Biases (1975)Continuous Auctions and Insider Trading (1985)Global Capital and National Governments (2001)The Dynamics of Institutional and Individual Trading (2003)Evidence on the speed of convergence to market efficiency (2005)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Moral Hazard and Observability (1979)Illusion and well-being: A social psychological perspective on mental health. (1988)CEO overconfidence and dividend policy (2013)CEO overconfidence and financial crisis: Evidence from bank lending and leverage (2016)Corporate social responsibility and CEO confidence (2016)A Theory of Rational Addiction (1988)A Dual-Self Model of Impulse Control (2006)Investor Inattention and Friday Earnings Announcements (2009)Spousal Control and Intra-Household Decision Making: An Experimental Study in the Philippines (2009)The General Theory of Employment, Interest and Money. (1936)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Shall We Talk? The Role of Interactive Investor Platforms in Corporate Communication (2020)New media environment, environmental regulation and corporate green technology innovation:Evidence from China (2023)Using and Interpreting Fixed Effects Models (2023)THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964 (1968)On Persistence in Mutual Fund Performance (1997)Costly Search and Mutual Fund Flows (1998)Asset Fire Sales (and Purchases) in Equity Markets (2005)How Active Is Your Fund Manager? A New Measure That Predicts Performance (2009)Luck versus Skill in the Cross‐Section of Mutual Fund Returns (2010)The Cross-Section of Expected Stock Returns (1992)Diversification's effect on firm value (1995)Earnings Management to Exceed Thresholds (1999)Presidential Address: Discount Rates (2011)The short of it: Investor sentiment and anomalies (2011)Integración de los mercados financieros Latinoamericanos por medio de MILA (2020)Noise Trader Risk in Financial Markets (1990)Investor Psychology and Security Market Under‐ and Overreactions (1998)Chapter 18 A survey of behavioral finance (2003)The Adaptive Markets Hypothesis (2004)Investor attention, overconfidence and category learning (2006)
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References

  • 2003Implications of rational inattention3,869 cited
  • 2003Overconfidence and Speculative Bubbles2,227 cited
  • 2004Mutual Fund Flows and Performance in Rational Markets2,082 cited
  • 2001Learning to Be Overconfident1,664 cited
  • 2006Paying Not to Go to the Gym1,187 cited
  • 2020Disclosure processing costs, investors’ information choice, and equity market outcomes: A review1,089 cited
  • 2004Contract Design and Self-Control: Theory and Evidence768 cited
  • 1994Security Analysis and Trading Patterns When Some Investors Receive Information Before Others724 cited
  • 2011Overconfidence, Compensation Contracts, and Capital Budgeting539 cited
  • 2010Exploiting Naïvete about Self-Control in the Credit Market418 cited
  • 2008Financial Contracting with Optimistic Entrepreneurs416 cited
  • 2006Rational Inattention: Beyond the Linear-Quadratic Case404 cited
  • 2008Costly Information Processing: Evidence from Earnings Announcements328 cited
  • 2006Contracting with Diversely Naive Agents296 cited
  • 2021Flattening the Illiquidity Curve: Retail Trading During the COVID-19 Lockdown228 cited
  • 1999

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Banking (Conservatively) with Optimists
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