A survey of behavioral finance

By Nicholas Barberis, Richard H. Thaler. 2002

2,753 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/a10a173c69036736f09c2d573ca4b6c018bfbfbc

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Cars H. Hommes
2. Nicholas Barberis
3. Jean-Philippe Bouchaud
4. Martin Schneider
5. Markus K. Brunnermeier
6. Larry G. Epstein
7. J. D. Farmer
8. Frank H. Westerhoff

In Finance

1. Nicholas Barberis
2. Cars H. Hommes
3. Maureen O’Hara
4. Alex Edmans
5. Amit Goyal
6. R. D. McLean
7. Markus K. Brunnermeier
8. Martin Schneider

In Management Science and Operations Research

1. Nicholas Barberis
2. Cars H. Hommes
3. Blake LeBaron
4. Larry G. Epstein
5. David A. Easley
6. Martin Schneider
7. Colin F. Camerer
8. Maureen O’Hara

Citations in the corpus

• Crowdfunding social ventures: a model and research agenda (2013, neutral): “Perspectives from Behavioural Finance, such as ‘herding’, may also provide insights into the inner rationale of crowd investors (Fairchild 2011; Lehner 2004; Shleifer 2000).”
• The Risk and Return of Arbitrage in Dual-Listed Companies (2009, neutral): “(2008), Barberis and Thaler (2003), Brealey et al.”
• Investor Sentiment, Limits to Arbitrage and Private Market Returns (2014, background): “, Kahneman, Slovic and Tversky 1982, Barberis and Thaler 2003). As a result, changes in asset prices may be driven by more than changes in market fundamentals.1 Furthermore, these temporary price deviations can persist if there are significant limits to arbitrage as shown theoretically by De Long et”
• Factors Influencing Individual Investors’ Behavior: An Empirical Study of the Vietnamese Stock Market (2014, background): “Many researches about psychology on stock market have shown that investors tend to be overconfident about their behaviours (Barberis and Thaler 2003).”
• Agent-based Computational Finance (2006, background): “See Hirshleifer (2001) and Barberis & Thaler (2002) for recent surveys on this literature. and market design, or market microstructure.”
• The supraview of return predictive signals (2013, neutral): “1 There is a vast academic literature on accounting and finance anomalies, well summarized by survey papers such as Lev and Ohlson (1982), Bernard (1989), Kothari (2001), Keim and Ziemba (2000), Barberis and Thaler (2003), Schwert (2003), and Subrahmanyam (2010).”
• Idiosyncratic Risk, Long-Term Reversal, and Momentum (2010, background): “it must be that costs limit arbitrageurs in their efforts at keeping markets efficient (see Scholes (1972), Shiller (1984), De Long, Shleifer, Summers, and Waldmann (1990), Pontiff (1996), (2006), Shleifer and Vishny (1997), and Barberis and Thaler (2003)).”
• Metaphors and the market: Consequences and preconditions of agent and object metaphors in stock market commentary (2007, neutral): “Barberis & Thaler, 2003; Camerer, 1987; Fong & Wyer, 2003; Nelson, Bloomfield, Hales, & Libby, 2001).”
• Investor sentiment in the stock market (2013, positive): “In this sense, it is thought that if there is a deviation from the right price, it will disappear with the help of arbitrageurs (Barberis & Thaler, 2003).”