Đang chuẩn bị liên kết để tải về tài liệu:
A behavioral perspective on sell-side analysts

Không đóng trình duyệt đến khi xuất hiện nút TẢI XUỐNG Tải xuống

This paper discusses three papers which examine sell-side analysts from the perspective of Behavioral Finance: Limkriangkrai and Durand, forthcoming; Durand, Limkriangkrai and Fung, 2014; and Durand, Limkriangkrai and Fung, 2019. Distraction, attention, herding, and overconfidence are behavioral phenomena inextricably entangled with the information analysts produce. The paper proposes that such entanglement may be a useful concept to explain deviations from prima facie correct pricing. |