Review of Behavioral Finance: Volume 12 Issue 2

Disposition effect at the market level: evidence from Indian stock market

Sravani Bharandev, Sapar Narayan Rao

The purpose of this paper is to test the disposition effect at market level and propose an appropriate reference point for testing disposition at market level.

Time-varying herding behavior within the Eurozone stock markets during crisis periods: Novel evidence from a TVP model

Stavros Stavroyiannis, Vassilios Babalos

Motivated by the ongoing debate on the existence and magnitude of herding in financial markets, the purpose of this paper is to examine Eurozone stock markets for herding…

Are smart beta funds really smart? Evidence from rational and quasi-rational investor sentiment data

Rahul Verma, Gökçe Soydemir, Tzu-Man Huang

The purpose of this paper is to examine the relative effects of rational and quasi-rational sentiments of individual and institutional investors on a set of smart beta fund…

Herding in frontier markets: evidence from the Balkan region

Fotini Economou

The purpose of this paper is to examine herding in four frontier markets in the Balkan region, namely, Bulgaria, Croatia, Romania and Slovenia, from October 2000 to December 2016.

Review of behavioral explanations of how rank-based incentives influence risk taking by investment managers in mutual fund companies

Tommy Gärling, Dawei Fang, Martin Holmen

The purpose of this paper is to review behavioral explanations of the empirical observation that investment managers in mutual fund companies increase their risk taking when…

Psychological barriers in the cryptocurrency market

Vítor Fonseca, Luís Pacheco, Júlio Lobão

The purpose of this paper is to study the existence of psychological barriers in cryptocurrencies.

Investors’ risk aversion integration and quantitative easing

Athanasios Fassas, Stephanos Papadamou, Dionisis Philippas

The purpose of this paper is to examine the spillover effects in international financial markets related to investors’ risk aversion as proxied by the variance premium, and how…