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Advances in Behavioral Finance Volume II ...

The Roundtable Series in Behavioral Economics The Roundtable Series in Behavioral Economics aims to advance research in the new ...

Advances in Behavioral Finance Volume II Edited by Richard H. Thaler russell sage foundation new york princeton university press ...

Copyright © 2005 by Russell Sage Foundation Published by Princeton University Press, 41 William Street, Princeton, New Jersey 08 ...

This book is dedicated to the memory of Fischer Black (1938–1995) and Amos Tversky (1937–1996). ...

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CONTENTS Preface xi Richard H. Thaler Acknowledgments xix List of Abbreviations xxiii Chapter1A Survey of Behavioral Finance 1 N ...

PartIII Empirical Studies of Overreaction and Underreaction Chapter 8 Contrarian Investment, Extrapolation, and Risk 273 Josef L ...

Chapter18 Earnings Management to Exceed Thresholds 633 François Degeorge, Jayendu Patel, and Richard Zeckhauser Chapter19 Manage ...

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PREFACE It has been a decade since the first volume in this series was published. That volume documented the birth of a new appr ...

agents to behave more rationally.^2 In many important economic choices (e.g., career choice, marriage, saving for retirement), i ...

II. Stock Returns and the Equity Premium The second section of the book discusses the overall stock market and two distinct puzz ...

III. Empirical Studies of Overreaction and Underreaction The third section contains four important empirical papers. Chapter 8, ...

IV. Theories of Overreaction and Underreaction The chapters in the previous section document some of the anomalies that be- havi ...

Another domain in which investor behavior can be observed is in their defined contribution savings plans such as 401(k)s. In Cha ...

Final Thoughts Many of the papers in this volume were presented at the semiannual meet- ings at the National Bureau of Economics ...

References Akerlof, George and Janet Yellen, 1985, Can Small Deviations from Rationality Make Significant Differences to Economi ...

ACKNOWLEDGMENTS Preface: Richard H. Thaler, “Preface,” © 2004 Russell Sage Foundation. Reprinted with permission. Chapter 1: Nic ...