Listar Artículos de revista INARBE - INARBE aldizkari artikuluak por tema "Behavioural finance"
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Analysts herding: when does sentiment matter?
Herding among analysts emerges when analysts give priority to their peers’ opinions instead of their own beliefs or information. Some circumstances may enhance or restrain this type of behaviour. We postulate that market ... -
The role of small bettors in price formation in betting exchanges
The presence of small bettors in betting exchanges generates mispricing, which can lead to exploitation by informed traders or result in permanent price deviations. This paper shows that mispricing from this source is also ...