Review of Behavioral Finance: Volume 16 Issue 2

Gambling on the stock market: the behavior of at-risk online traders

Philippe Grégoire, Melanie Rose Dixon, Isabelle Giroux, Christian Jacques, Annie Goulet, James Eaves, Serge Sévigny

Online investment platforms offer an environment that may lead some traders into excessive behaviors akin to gambling. Over the last decade, gambling behaviors associated with the…

Emojis and stock returns

Felix Reschke, Jan-Oliver Strych

The authors explore how the sentiment expressed by emojis in comments on stocks is associated with the stocks' subsequent returns.

Do crypto investors wait and see during policy uncertainty? An examination of the dynamic relationships between policy uncertainty and exchange inflows of Bitcoin

Linh Thi My Nguyen, Phong Thanh Nguyen

In this paper, the authors examine the short-term and long-term impact of general economic policy uncertainty (EPU) and crypto-specific policy uncertainty on Bitcoin’s (BTC…

Financial stress and gambling motivation: the importance of financial literacy

Dalina Amonhaemanon

“Poor, Stressed, Drink (alcohol), and Gambling” is one of the campaigns for poverty eradication in Thailand. This study focuses on informal workers—gamblers—who belong to…

Investigating macro herd behaviour: evidence from publicly traded German companies

Sándor Erdős, Patrik László Várkonyi

The purpose of this study is to examine herd behaviour under different market conditions, examine the potential impact of the firm size and stock characteristics on this…

Do heuristics affect Brazilian investors’ decision-making process?

Virgílio Vasconcelos Souza, Lucas Lopes Ferreira Souza, Oderlene Oliveira, Elnivan Moreira de Souza, Juliana Silva Costa

The purpose of this research is to analyze the influence of heuristics on Brazilian investors' behavior in the decision-making process.

Are small waves fondle and big waves overturn? Market reaction and corporate governance during four COVID-19 waves

Imen Khanchel, Naima Lassoued

This study examines the effects of corporate governance on market returns during the first four waves of the COVID-19 crisis.

Can virtual reality nudge toward green investing? An experiment with small business entrepreneurs

Achilleas Vassilopoulos, Lydia Papadaki, Phoebe Koundouri

Storytelling through virtual reality (VR) combines the strengths of cutting-edge technology with traditional informational campaigns. As a tool for climate change mitigation, VR…

Herding and Google search queries in the Brazilian stock market

Jeferson Carvalho, Paulo Vitor Jordão da Gama Silva, Marcelo Cabus Klotzle

This study investigates the presence of herding in the Brazilian stock market between 2012 and 2020 and associates it with the volume of searches on the Google platform.

The nexus between herding behavior and spillover: evidence from G7 and BRICS

Sarra Gouta, Houda BenMabrouk

This study aims at exploring the nexus between herding behavior and the spillover effect in G7 and BRICS stock markets.