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Journal of Behavioral and Experimental Finance @jbef.bsky.social · 9h

Forthcoming in JBEF: “Communication of ECB Governing Council Members: Impact on Intraday Financial Markets from Media Messages” by L. Jurkšas and R. Kaminskas. www.sciencedirect.com/science/arti...

Communication of ECB Governing Council members: Impact on intraday financial markets from media messages

The goal of this paper is to determine the heterogeneity in media messages across the ECB Governing Council members, employing the GPT language model,…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · 4d

Forthcoming in JBEF: “Personalized reminders: Evidence from a field experiment with voluntary retirement savings in Colombia” by J. Gars, L. Prada, E. Tripodi, and S. Borda. www.sciencedirect.com/science/arti...

Personalized reminders: Evidence from a field experiment with voluntary retirement savings in Colombia

A large share of the global workforce lacks access to employer-sponsored retirement plans. In Colombia, where labor informality is high, the governmen…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · 6d

Forthcoming in JBEF: “Undefined benefit: Projections and anchors as guides to retirement decumulation” by B. R. Newell, H. Bateman, L. Dobrescu, J. Embrey, R. Nian, and S. Thorp. www.sciencedirect.com/science/arti...

Undefined benefit: Projections and anchors as guides to retirement decumulation

Most defined contribution retirement income systems assume that retiring participants have the know-how and confidence to turn their lump sum savings …

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · 8d

Forthcoming in JBEF: “The effect of social comparison on debt taking: Experimental evidence” by A. Grohmann and M. Koch. www.sciencedirect.com/science/arti...

The effect of social comparison on debt taking: Experimental evidence

A number of studies show a link between social comparison and high levels of household debt. However, the exact underlying mechanisms are not yet well…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · 11d

Forthcoming in JBEF: “Mental framing effects in dynamic portfolio choice” by E. De Giorgi, A. Omar, and T. Post. www.sciencedirect.com/science/arti...

Mental framing effects in dynamic portfolio choice

We present experimental evidence of systematic decision errors in dynamic portfolio choice. Participants created contingency plans in a lattice model.…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · 14d

Forthcoming in JBEF: “Zero intelligence in an edgeworth box” by B. Williams. www.sciencedirect.com/science/arti...

Zero intelligence in an Edgeworth box

Gode and Sunder (1993) brought a lower-bound to the literature on bounded rationality in the continuous double auction, asserting the institutional ru…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · 17d

Forthcoming in JBEF: “Under the Shield: How Directors’ and Officers’ Liability Insurance Affects Corporate Greenwashing“ by C. Tang, G. Yang, and X. Liu. www.sciencedirect.com/science/arti...

Under the shield: How directors’ and officers’ liability insurance affects corporate greenwashing

The dual-edged nature of Directors’ and Officers’ liability insurance (D&O insurance) draws our attention to exploring how it influences corporate gre…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · 21d

Forthcoming in JBEF: “Proximity-powered attention: Exploring spatial spillover in investor attention“ by K. R. Lehmann and P. N. Posch. www.sciencedirect.com/science/arti...

Proximity-powered attention: Exploring spatial spillover in investor attention

This paper examines the transmission of investor attention between firms based on geographical proximity and product market similarity using EDGAR sea…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · 25d

Forthcoming in JBEF: “Does CEO accent impact investors’ investment decision?“ by D. Kale and A. Triki. www.sciencedirect.com/science/arti...

Does CEO accent impact investors’ investment decision?

We explore the impact of CEO accent on the investment decisions of non-professional investors and the drivers of such investment decisions. Using AI t…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · 28d

Forthcoming in JBEF: “The Economic Value of ‘Kosher’ Impact Banking“ by Y. B. Eli, T. Kalagy, and M. Rosenboim. www.sciencedirect.com/science/arti...

The economic value of “Kosher” impact banking

Financial institutions around the world are aware of customers' ambitions to conduct their financial activities in accordance with their values. In re…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Sep 10

Forthcoming in JBEF: “Bias in Cryptocurrency Investing: The Effect of Financial and Moral Considerations“ by H. Shahriari, A. Stivers, and M. Tsang. www.sciencedirect.com/science/arti...

Bias in cryptocurrency investing: The effect of financial and moral considerations

In an experimental investment allocation task, we find that the average participant did not appear to factor cryptocurrency’s social aspects into thei…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Sep 8

Forthcoming in JBEF: “Exploring the impact of Identity Fusion on Managerial Decision-Making in Eponymous Firms“ by Y. Mugerman and R. Rooz. www.sciencedirect.com/science/arti...

Exploring the impact of identity fusion on managerial decision-making in eponymous firms

This study examines how identity fusion influences managerial decision-making in family-owned businesses, with a particular focus on eponymous firms. …

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Sep 7

Forthcoming in JBEF: “Professional skepticism and behavioral bias in financial professionals“ by C. de Klerk, Z. Enslin, and J. Hall. www.sciencedirect.com/science/arti...

Professional skepticism and behavioral bias in financial professionals

Over the past few years professional skepticism has received attention from various stakeholders such as policymakers, practitioners, regulators, and …

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Sep 5

Forthcoming in JBEF: “Does climate risk perception drive the realization of corporate environmental responsibility“ by L. Tian, H. Wu, and X. Zhu. www.sciencedirect.com/science/arti...

Does climate risk perception drive the realization of corporate environmental responsibility?

This paper explores the impacts and mechanisms of climate risk perception on the realization of environmental responsibility from a micro-firm perspec…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Sep 2

Forthcoming in JBEF: “Extending the technology acceptance model (TAM): Factors influencing behavioural intentions of investors to use the advice of finfluencers“ by A. Chandani, M. Sanghvi, S. Wagholikar, M. Pathak, S. Bagade, P. Ubarhande, and U. Saini. www.sciencedirect.com/science/arti...

Extending the technology acceptance model (TAM): Factors influencing behavioural intentions of investors to use the advice of finfluencers

Financial Influencers (Finfluencers) have a considerable influence on investment advice, and they use multiple social media platforms to reach target …

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Aug 31

Forthcoming in JBEF: “Empowering Consumers: An Experimental Study of Human and AI Intermediary in Insurance Decision-Making“ by X. Yang, T. Xia, E. Zhang, and X. Zhou. www.sciencedirect.com/science/arti...

Empowering consumers: an experimental study of human and AI intermediary in insurance decision-making

Insurance institutions are increasingly leveraging AI to optimize operations, and insurance intermediaries, which are designed to facilitate consumer …

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Aug 27

Forthcoming in JBEF: “Diffusion of mobile banking among rural women: Incentivizing local leaders vs. a marketing campaign“ by P. Brañas-Garza, J. Kovářík, and E. G. Rascón-Ramírez. www.sciencedirect.com/science/arti...

Diffusion of mobile banking among rural women: Incentivizing local leaders vs. a marketing campaign

How can we promote the adoption of mobile banking among the socially and economically disadvantaged? We compare the effectiveness of two strategies, s…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Aug 26

Forthcoming in JBEF: “Why does good news increase stock price crash risk: An explanation based on the gambling channel“ by L. Yang and E. T. Lee. www.sciencedirect.com/science/arti...

Why does good news increase stock price crash risk: An explanation based on the gambling channel

This study investigates the relationship between corporate performance and stock price crash risk, uncovering an intriguing phenomenon: higher corpora…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Aug 24

Forthcoming in JBEF: “Dynamic risk spillovers between crude oil futures and the Chinese stock market under exogenous shocks: A refined analysis with stock clustering“ by H. Guo, W. Zhao, B. Jia, and C. Sui. www.sciencedirect.com/science/arti...

Dynamic risk spillovers between crude oil futures and the Chinese stock market under exogenous shocks: A refined analysis with stock clustering

This study examines the dynamic relationship between the Chinese stock market and Brent futures under external shocks from January 2016 to December 20…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Aug 22

Forthcoming in JBEF: “Board of Directors’ Connections, Gender, and Firm Performance in a Male-Dominated Industry:Evidence from U.S. Banking“ by A. L. Owen, J. Temesvary, and A. Wei. www.sciencedirect.com/science/arti...

Board of Directors’ connections, gender, and firm performance in a male-dominated industry: Evidence from U.S. banking

Existing literature has studied the role of within-firm networks, but given that the vast majority of connections are between men, its conclusions are…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Aug 18

Forthcoming in JBEF: “The effect of stock market manipulation on investor behavioral bias“ by J. Liu, J. Zhang, and Z. Chen. www.sciencedirect.com/science/arti...

The effect of stock market manipulation on investor behavioral bias

Utilizing a closing price manipulation detection model, we investigate the impact of market manipulation on investor behavioral biases. We find that t…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Aug 17

Forthcoming in JBEF: “On-screen Reading vs. On-paper Reading: Does It Influence Trust and Risk Differently?“ by J. P. Harrison and S. Samaddar. www.sciencedirect.com/science/arti...

On-screen reading vs. On-paper reading: Does it influence trust and risk differently?

On-screen Reading vs. On-paper Reading: Does It Influence Trust and Risk Differently?The current shift in reading medium is from on-paper reading to r…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Aug 14

Forthcoming in JBEF: “Girls will be Girls? The Gendered Effect of Financial Overconfidence on Credit Card Delinquency“ by M. Chhatwani. www.sciencedirect.com/science/arti...

Girls will be girls? The gendered effect of financial overconfidence on credit card delinquency

We investigate the impact of financial overconfidence on credit card behavior among men and women. We operationalize financial overconfidence as a dis…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Aug 10

Forthcoming in JBEF: “How does the smart money feel? Hedge fund sentiment, returns, and the business cycle“ by H. Yahyaei, A. Singh, and T. Smith. www.sciencedirect.com/science/arti...

How does the smart money feel? Hedge fund sentiment, returns, and the business cycle

We examine the relationship between the business cycle, sentiment, and the returns of listed U.S. hedge funds. Using Natural Language Processing (NLP)…

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Journal of Behavioral and Experimental Finance @jbef.bsky.social · Aug 7

Forthcoming in JBEF: “The Effects of Public Disclosures and Information Acquisition on Price Informativeness in a Multi-Attribute Asset Market“ by D. Davis, O. Korenok, and J. Lightle. www.sciencedirect.com/science/arti...

The effects of public disclosures and information acquisition on price informativeness in a multi-attribute asset market

We report a laboratory experiment that evaluates the impact of public information disclosures on a real decision maker’s capacity to learn about the c…

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