Review of Behavioral Finance: Volume 14 Issue 2

The asymmetric online talk effect

Ying Zhang, Xing Lu, Wikrom Prombutr

The authors investigate the extent to which online talk can influence contemporaneous and future stock trading, especially when market news is unpresented.

Multidimensional credit attitude and credit card debt behavior in the United States

Jae Min Lee, Yoon G. Lee

The purpose of this study is to construct composite index variables of credit attitude using six attitudinal variables. This study also examines the relationship between consumer…

What is your desire? Retail investor preferences in structured products

Rainer Baule, Patrick Muenchhalfen

The authors evaluate the preferences of retail investors with regard to the investment in structured financial products. The purpose of the paper is an analysis of the relative…

A theory of information overload applied to perfectly efficient financial markets

Giuseppe Pernagallo, Benedetto Torrisi

In the era of big data investors deal every day with a huge flow of information. Given a model populated by economic agents with limited computational capacity, the paper shows…

Development and validation of behavioral biases scale: a SEM approach

Ritika, Nawal Kishor

This paper attempts to identify the biases in decision-making of individual investors. The paper aims to develop and validate a higher-order behavioral biases scale.

Effect of location on access to finance: international evidence on the moderating role of employee training

Mukhammadfoik Bakhadirov, Zakir Pashayev, Omar Farooq

The paper answers the following questions: (1) Do firms located in rural areas experience greater problems in accessing financial services? (2) If this is the case, what can these…

Investigating the low-risk anomaly in South Africa

Yudhvir Seetharam

Recent studies have shown that low-volatility shares outperform high-volatility shares. Given the conventional finance theory that risk drives return, this study aims to…

Relationship between different sources of geopolitical risks and stock markets in the GCC region: a dynamic correlation analysis

Abdullah Alqahtani, Shawkat Hammoudeh, Refk Selmi

The findings would help in designing useful and relevant hedging strategies against geopolitical risks (GPRs), which are rampant in the Gulf Cooperation Council (GCC) region.