Sustainable finance literacy (SFL) is emerging as an essential complement to traditional financial literacy, crucial for enhancing sustainable investm…

This paper reframes cryptocurrency herding as a regime-dependent behavioral coordination process shaped by retail narrative attention and overconfiden…

Drawing on signalling theory, this study examines whether Venture Capital (VC) investors evaluate industry-level and firm-level signals independently …

Using 9283 stocks listed on the NYSE, AMEX, and NASDAQ, we document return reversals and show that overnight jump returns negatively predict short-ter…

We study how childhood socioeconomic background is associated with adult participation in speculative asset markets. Using pooled waves of the Nationa…

Herding behavior in financial markets refers to the tendency of investors to replicate the investment strategies of their peers. This research aims to…

We study how motivated beliefs shape second-order beliefs about the perceived accuracy of a signal with ambiguous precision. Previous literature sugge…

Financial reporting misconduct is a critical ethical concern that can undermine trust between corporate insiders and external stakeholders. This study…

Is retail participation driven by what investors notice or how they feel? This study develops a hierarchical signal-processing framework and tests it …

In 2009, the China Securities Regulatory Commission implemented an accountability system for material misstatements in annual reports, significantly i…

Financial technology (FinTech) has transformed retail participation, trading speed, and market access, yet its implications for behavioral risk remain…

We investigate the impact of a museum exhibition on the financial literacy of young people. The exhibition, titled “The Adventure of Money”, took plac…

We experimentally investigate two psychological mechanisms driving ESG investment: source preference – preferring a higher ESG stock over an identical…

Does retirement enhance or erode financial literacy? Using nationally representative Australian panel data and a first-difference instrumental variabl…

This study examines how religion shapes cross-border portfolio allocation through two cultural dimensions: host-country religiosity and religious prox…

Stablecoins are designed to maintain a one-to-one peg with the U.S. dollar, yet their prices frequently deviate from parity and may remain misaligned …

This study examines whether investor sentiment conditions the cross-sectional pricing of idiosyncratic volatility (IVOL) in the Indian equity market. …

We study whether the COVID-19 pandemic has impacted risk preferences, comparing the results of experiments conducted before and during the outbreak. I…

We use a survey-based online experiment to assess the impact of GPT-4-generated fund prospectus summaries on investor comprehension and investment wil…

This paper presents a continuous time extension of the dual-self theory of savings by Fudenberg and Levine (2006). The original model, developed in di…

This study uses Google Search Volume Index-based measures of retail investor attention to investigate how such attention affects managerial decisions …