Explaining Apparent Stock Market Anomalies

  title={Explaining Apparent Stock Market Anomalies},
  author={Clint Tan Chee Leong and Michael J. Seiler and Mark A. Lane},
The article provides a discussion of the psychological and behavioral investor aspects responsible for the phenomenon of stock price momentum. Anchoring, herding, overconfidence, mental accounting, myopic loss aversion, regret aversion, prospect theory, over-reaction and under-reaction, representativeness, non-transitivity and question framing, hindsight bias and pride, barn-door closing, sensation seeking, and response to market consensus estimate are all examined to offer explanations for the… 
An investigation on the effect of investor’s behavior on fund management
Article history: Received June 28, 2013 Received in revised format 19 October 2013 Accepted 20 December 2013 Available online December 27 2013 There are many evidences to believe that investors’
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