Review of Behavioral Finance: Volume 7 Issue 1

Do equity mispricing and management compensation incentives drive bank mergers?

John A. Doukas, Wenjia Zhang

– The purpose of this paper is to test whether bank mergers are driven by equity overvaluation and management compensation incentives.

From anticipation to anxiety in a market for lottery-like stocks

Mikael Boisen, Robert B. Durand, John Gould

– The purpose of this paper is to investigate a unique sample of lottery-like stocks and contextualize their short-run price behavior with respect to behavioral principles.

Exploring optimism and pessimism in the Indian equity market

Jaya Mamta Prosad, Sujata Kapoor, Jhumur Sengupta

– The purpose of this paper is to capture the presence and impact of optimism in the Indian equity market.

Behavioral finance: insights from experiments I: theory and financial markets

Darren Duxbury

– The purpose of this paper, and a companion paper (Duxbury, 2015), is to review the insights provided by experimental studies examining financial decisions and market behavior.