invester behavior

Superstitious trading

The paper looks at how superstitions affect financial markets by examining limit orders (an offer to trade shares at a given price) in the Taiwanese stock market. The authors measured the strength of traders’ superstitions b ...

The Value of Analyst Reports
ZANG, Amy | LEHAVY, Reuven | HUANG, Allen | ZHENG, Rong

When a firm discloses important corporate information, analysts are usually right on their tail with reports about what was said. A new study has confirmed that these reports serve a valuable function for investors because they in ...