10 ENGLISH BOOKS RELATING TO «UNDERREACTION»
Discover the use of
underreaction in the following bibliographical selection. Books relating to
underreaction and brief extracts from same to provide context of its use in English literature.
1
Overreaction of
Underreaction? A Reexamination of the ...
This study reexamines the evidence underlying the prior conclusion that investors overreact to accruals -- accruals are negatively associated with subsequent abnormal returns (i.e., the "accrual anomaly").
2
Advances in Entrepreneurial Finance: With Applications from ...
For example, as we have seen, the conservatism/anchoring/status quo bias
causes underreaction, while representativeness is likely to cause overreaction. If
“strength” represents the extremeness of some information, and “weight”
represents ...
3
Focus on Finance and Accounting Research
On the other side, when unfavorable events arrive, overreaction makes prices to
be set too low, but after a while these will rise and eventually find their new
fundamental values. The Underreaction Hypothesis (UH) states that stock prices
...
4
Inefficient Markets: An Introduction to Behavioral Finance
Statistical Evidence of Underreaction To begin, we need to define underreaction
to news announcements. Suppose that in each time period, the investor hears
news about a particular company. We denote the news he hears in period tby z.
Chapter. 9. Overreaction. and/or. Underreaction. The tendency to follow trends is
one of the basic traits of human nature and in much of financial decision making
too. The BRICs (Brazil, Russia, India and China) are today's hot-ticket ...
6
Advances in Behavioral Finance
The Evidence In this section, we summarize the statistical evidence of
underreaction and overreaction in security returns. We devote only minor
attention to the behavior of aggregate stock and bond returns because these data
generally do not ...
7
Handbook of Behavioral Finance
Underreaction Underreaction can be explained by conservatism (Edwards, 1968)
. This suggests that individuals slowly adjust their beliefs in respect to new
information. There is a large literature that demonstrates underreaction (see, e.g.,
...
8
Behavioral Finance: Investors, Corporations, and Markets
Errors in the processing of information (the impact of which is measured with the
̃ε1 value) sometimes lead to underreaction and at other times contribute to market
overreaction. Insufficient response to new positive information or overreaction ...
H. Kent Baker, John R. Nofsinger, 2010
9
Advances in Business and Management Forecasting
For both Case 1 and Case 2, where a and B take relatively small numbers, the
investor gradually absorbs the information (underreaction), overshoots the target
(overreaction), and then gradually tapers down to the correct level. It is interesting
...
Kenneth D. Lawrence, Professor Ronald Klimberg, 2013
10
Behavioral Finance and Capital Markets: How Psychology ...
Errors in Information Processing Errors in the processing ofinformation (the
impact of which is measured with the ɛ∼1 value) sometimes lead to
underreaction and at other times contribute to market overreaction. Insufficient
response to new ...
9 NEWS ITEMS WHICH INCLUDE THE TERM «UNDERREACTION»
Find out what the national and international press are talking about and how the term
underreaction is used in the context of the following news items.
Emergency responses need improvement
... of the situation, the initial campus reaction to the events seemed to be an underreaction. Nevertheless, the threats allowed the Hamilton Emergency Response ... «Hamilton College - The Spectator, Apr 15»
Jonathan Rauch: Barack Obama is right — we've never been safer
President Barack Obama catches flak for his supposed underreaction to crises in the Middle East, Ukraine and elsewhere. Instead of leading, the professorial ... «Dallas Morning News, Mar 15»
Quantitative Momentum Research: Price and Earnings Momentum
We examine whether the predictability of future returns from past returns is due to the market's underreaction to information, in particular to past earnings news. «ValueWalk, Feb 15»
Conspiracy theory: Fake injuries?
Underreaction of the week: Kudos to Colorado State, which notched its second win over a Power 5 conference school this past weekend, a come-from-behind ... «ESPN, Oct 14»
Conspiracy theory: PSU helps B1G
So today, we present the conspiracy theory of the week, along with the biggest overreaction and underreaction to the weekend that was in college football. «ESPN, Sep 14»
George Stephanopoulos Frets Over US Taking Action Against ISIS …
For his part, Kristol immediately shot down Stephanopoulos' claim that the U.S. risks overreacting with ISIS: The fundamental danger remains underreaction. «NewsBusters, Aug 14»
The Overconfident Investor Moves Markets
For everyday investors, this is dangerous in two ways: Overconfidence caused the overreaction in the first place, and overconfidence causes underreaction as ... «U.S. News & World Report, Jun 13»
Ten Films I Liked in 2010
Not that he lost, or will ever lose, his talent for underreaction: a more precious commodity than ever, in the epoch of the overblown. Deadpan, in fact, had a ... «New Yorker, Dec 10»
Keeping Kids Safe From the Wrong Dangers
If history is any guide, we seem to veer between overreaction and underreaction — all while defining our own response as “moderate.” There is an inherent ... «New York Times, Sep 10»
