With large institutional traders (i.e., mutual funds) correlated trading is most noticeable with:

Investors have a tendency to learn from past mistakes and improve outcomes moving forward.

Overconfidence is not recommended for entrepreneurs.

In an investment context, humans’ tendency to favor instant gratification would encourage people to buy:

What is the behavioral explanation for why institutional investors sometimes fail to reach their theoretical potential to restore price equilibrium?

The Valuation Yardstick Theory suggest that:

Some researchers use late option exercising as a proxy (i.e., stunt double) for managerial overconfidence. What is the problem with using this method?

After 90 days, many IPOs tend to have a price lower than their opening market price on day one.

Which of the following statements is most accurately one of the two lessons from the trust game? (select all that apply)

Capital structure irrelevance is invalidated and managers will prefer equity financing in the presence of: