Skip to main content Accessibility help
×
Hostname: page-component-78c5997874-v9fdk Total loading time: 0 Render date: 2024-11-14T05:03:10.044Z Has data issue: false hasContentIssue false

Part II - Finance

Published online by Cambridge University Press:  01 February 2018

Alan Lewis
Affiliation:
University of Bath
Get access

Summary

Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 2018

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

3.11 References

Ajzen, I. 1991. “The Theory of Planned Behavior.” Organizational Behavior and Human Decision Processes, 50, 179211.CrossRefGoogle Scholar
Akerlof, G. A. and Shiller, R. J.. 2009. Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism. Princeton: Princeton University Press.Google Scholar
Akerlof, G. A. and Shiller, R. J.. 2015. Phishing for Phools: The Economics of Manipulation and Deception. Princeton: Princeton University Press.CrossRefGoogle Scholar
Ariely, D. 2008. Predictably Irrational. The Hidden Forces That Shape Our Decisions. New York: HarperCollins.Google Scholar
Baker, M. and Wurgler, J.. 2007. Investor Sentiment in the Stock Market. Journal of Economic Perspectives, 21(2), 129151.CrossRefGoogle Scholar
Barber, B. M. and Odean, T.. 2000. “Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors.” Journal of Finance, 55(2), 773806.CrossRefGoogle Scholar
Barber, B. M. and Odean, T.. 2001. “Boys Will Be Boys: Gender, Overconfidence, and Common Stock Investment.” Quarterly Journal of Economics, 116(1), 261292.CrossRefGoogle Scholar
Barber, B. M. and Odean, T.. 2008. “All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors.” Review of Financial Studies, 21(2), 785818.CrossRefGoogle Scholar
Barber, B. M., Lee, Y.-T., Liu, Y.-J., and Odean, T.. 2009. “Just How Much Do Individual Investors Lose by Trading?Review of Financial Studies, 22(2), 609632.CrossRefGoogle Scholar
Barberis, N. 2013. “The Psychology of Tail Events: Progress and Challenges.” American Economic Review, 103(3), 611616.CrossRefGoogle Scholar
Barberis, N., Shleifer, A., and Vishny, R.. 1998. “A Model of Investor Sentiment.” Journal of Financial Economics, 49, 307343.CrossRefGoogle Scholar
Bargh, J. A. and Chartrand, T. L.. 1999. “The Unbearable Automaticity of Being.” American Psychologist, 54(7), 462479.CrossRefGoogle Scholar
Baucells, M., Weber, M., and Welfens, F.. 2011. “Reference-Point Formation and Updating.” Management Science, 57(3), 506519.CrossRefGoogle Scholar
Baumeister, R. F. and Tierney, J.. 2011. Willpower: Rediscovering the Greatest Human Strength. New York: Penguin Press.Google Scholar
Benabou, R. and Tirole, J.. 2016. “Mindful Economics: The Production, Consumption, and Value of Beliefs.” Journal of Economic Perspectives, 30(3), 141164.CrossRefGoogle Scholar
Benartzi, S. and Thaler, R.H., 1999. “Risk Aversion or Myopia? Choices in Repeated Gambles and Retirement Investments.” Management Science, 45(3), 364381.CrossRefGoogle Scholar
Berger, J. 2013. Contagious: Why Things Catch On. New York: Simon & Schuster.Google Scholar
Bernard, T. S. 2016. “Even Math Teachers Are at a Loss to Understand Annuities.” New York Times, October 28.Google Scholar
Biais, B. and Weber, M.. 2009. “Hindsight Bias, Risk Perception, and Investment Performance.” Management Science, 55(6), 10181029.CrossRefGoogle Scholar
Blinder, A. S. and Krueger, A. B.. 2004. “What Does the Public Know About Economic Policy and How Does It Know It?Brookings Papers on Economic Activity, 1, 327397.CrossRefGoogle Scholar
Bovi, M. 2009. “Economic Versus Psychological Forecasting: Evidence from Consumer Confidence Surveys.” Journal of Economic Psychology, 30, 563574.CrossRefGoogle Scholar
Brown, L. D. and Higgins, H. N.. 2005. “Managers’ Forecast Guidance of Analysts: International Evidence.” Journal of Accounting and Public Policy, 24(4), 280–299.Google Scholar
Brown, S. and Taylor, K.. 2014. “Household Finances and the Big Five Personality Traits.” Journal of Economic Psychology, 45, 197212.CrossRefGoogle Scholar
Brunnermeier, M. and Parker, J.. 2005. “Optimal Expectations.” American Economic Review, 95(4), 10921118.CrossRefGoogle Scholar
Burgstahler, D. and Eames, M.. 2006. “Management of Earnings and Analysts’ Forecasts to Achieve Zero and Small Positive Earnings Surprises.” Journal of Business Finance & Accounting, 33(5–6), 633652.CrossRefGoogle Scholar
Calcagno, R. and Monticone, C.. 2015. “Financial Literacy and the Demand for Financial Advice.” Journal of Banking & Finance, 50, 363380.CrossRefGoogle Scholar
Camerer, C. F., Issacharoff, S., Loewenstein, G., O’Donoghue, T. and Rabin, M.. 2003. “Regulation for Conservatives: Behavioral Economics and the Case for ‘Asymmetric Paternalism’.” University of Pennsylvania Law Review, 151, 12111254.CrossRefGoogle Scholar
Chartrand, T. L. and Bargh, J. A.. 1999. “The Chameleon Effect: The Perception-Behavioral Link and Social Interaction.” Journal of Personality and Social Psychology, 76(6), 893910.CrossRefGoogle Scholar
Christelis, D., Jappelli, T., and Padula, M.. 2010. “Cognitive Abilities and Portfolio Choice.” European Economic Review, 54(1), 1838.CrossRefGoogle Scholar
Cialdini, R. B. 1988. Influence: Science and Practice. 2nd edition. Glenview, IL: Scott Foresman.Google Scholar
Collins, J. M. 2012. “Financial Advice: A Substitute for Financial Literacy?Financial Services Review, 21(4), 307.Google Scholar
Collins, J. M. and Urban, C.. 2016. “The Role of Information on Retirement Planning: Evidence from a Field Study.” Economic Inquiry, 54(4), 18601872.CrossRefGoogle Scholar
Da, Z., Engelberg, J. and Gao, P.. 2011. “In Search of Attention.” The Journal of Finance, 66(5), 14611499.CrossRefGoogle Scholar
De Bondt, W. F. M. 1991. “What Do Economists Know About the Stock Market?Journal of Portfolio Management, Winter, 8491.Google Scholar
De Bondt, W. F. M. 1998. “A Portrait of the Individual Investor.” European Economic Review, 42(3), 831844.CrossRefGoogle Scholar
De Bondt, W. F. M. 2005. “The Values and Beliefs of European Investors.” In Knorr Cetina, K. and Preda, A. (eds.). The Sociology of Financial Markets. New York: Oxford University Press, pp. 163–186.Google Scholar
Deaves, R., Luders, E., and Schroder, M.. 2010. “The Dynamics of Overconfidence: Evidence from Stock Market Forecasters.” Journal of Economic Behavior & Organization, 75, 402412.CrossRefGoogle Scholar
Ditto, P. H. and Lopez, D. F.. 1992. “Motivated Skepticism: Use of Differential Decision Criteria for Preferred and Nonpreferred Conclusions.” Journal of Personality and Social Psychology, 63(4), 568–584.Google Scholar
Dominitz, J. and Manski, C. F.. 2007. “Expected Equity Returns and Portfolio Choice: Evidence from the Health and Retirement Study.” Journal of the European Economic Association, 5(2–3), 369379.CrossRefGoogle Scholar
Dunning, D., Heath, C., and Suls, J. M.. 2004. “Flawed Self-Assessment. Implications for Health, Education and the Workplace.” Psychological Science in the Public Interest, 5(3), 69106.CrossRefGoogle ScholarPubMed
Edwards, W. 1982. “Conservatism in Human Information Processing.” In Kahneman, D., Slovic, P., and Tversky, A. (eds.), Judgment under Uncertainty: Heuristics and Biases, Cambridge: Cambridge University Press, pp. 359–369.Google Scholar
Engel, C. and Weber, E. U.. 2007. “The Impact of Institutions on the Decision How to Decide.” Journal of Institutional Economics, 3(3), 323349.CrossRefGoogle Scholar
Epley, N. 2014. Mindwise: How We Understand What Others Think, Believe, Feel, and Want. New York: Alfred A. Knopf.Google Scholar
Epley, N. and Gilovich, T.. 2006. “The Anchoring-and-Adjustment Heuristic: Why the Adjustments Are Insufficient.” Psychological Science, 17(4), 311318.CrossRefGoogle ScholarPubMed
Ericsson, K. A. and Lehmann, A. C.. 1996. “Expert and Exceptional Performance: Evidence of Maximal Adaptation to Task Constraints.” Annual Review of Psychology, 47, 273305.CrossRefGoogle ScholarPubMed
Fama, E. F. 1998. “Market Efficiency, Long-Term Returns, and Behavioral Finance.” Journal of Financial Economics, 49(3), 283306.CrossRefGoogle Scholar
Fenton-O’Creevy, M., Nicholson, N., Soane, E., and Willman, P.. 2003. “Trading on Illusions: Unrealistic Perceptions of Control and Trading Performance.” Journal of Occupational and Organizational Psychology, 76, 5368.CrossRefGoogle Scholar
Fernandes, D., Lynch, J. G. Jr, and Netemeyer, R. G.. 2014. “Financial Literacy, Financial Education, and Downstream Financial Behaviors.” Management Science, 60(8), 18611883.CrossRefGoogle Scholar
Fiedler, K. 2000. “Beware of Samples! Cognitive-Ecological Sampling Approach to Judgment Biases.” Psychological Review, 107(4), 659676.CrossRefGoogle ScholarPubMed
Fiedler, K., Brinkmann, B., Betsch, T., and Wild, B.. 2000. “A Sampling Approach to Biases in Conditional Probability Judgments: Beyond Base Rate Neglect and Statistical Format.” Journal of Experimental Psychology: General, 129(3), 399–418.CrossRefGoogle ScholarPubMed
FINRA (Financial Investor Regulatory Authority) Investor Education Foundation. 2016. Financial Capability in the United States 2016.Google Scholar
Fischhoff, B. 1982. “Debiasing.” In Kahneman, D., Slovic, P., and Tversky, A. (eds.), Judgment Under Uncertainty: Heuristics and Biases. Cambridge: Cambridge University Press.Google Scholar
Fischhoff, B. and MacGregor, D.. 1982. “Subjective Confidence in Forecasts.” Journal of Forecasting, 1(2), 155–172.Google Scholar
French, K. R. and Poterba, J. M.. 1991. “Investor Diversification and International Equity Markets.” American Economic Review, 81(2), 222226.Google Scholar
Frieder, L. and Subrahmanyam, A.. 2005. “Brand Perceptions and the Market for Common Stock.” Journal of Financial and Quantitative Analysis 40(1), 5785.CrossRefGoogle Scholar
Gabaix, X. and Laibson, D.. 2006. “Shrouded Attributes, Consumer Myopia, and Information Suppression in Competitive Markets.” Quarterly Journal of Economics, 121, 505540.CrossRefGoogle Scholar
Gasper, K. 2004. “Do You See What I See? Affect and Visual Information Processing.” Cognition and Emotion, 18(3), 405421.CrossRefGoogle Scholar
George, T. and Hwang, C.. 2004. “The 52-Week High and Momentum Investing.” Journal of Finance, 59, 21452176.CrossRefGoogle Scholar
Gigerenzer, G. and Hoffrage, U.. 1995. “How to Improve Bayesian Reasoning Without Instruction: Frequency Formats.” Psychological Review, 102, 684704.CrossRefGoogle Scholar
Greenspan, A. 2007. The Age of Turbulence: Adventures in a New World. New York: Penguin Press.Google Scholar
Greenspan, A. 2013a. The Map and the Territory. Risk, Human Nature, and the Future of Forecasting. New York: Penguin Press.Google Scholar
Greenspan, A. 2013b. “Never Saw It Coming. Why the Financial Crisis Took Economists by Surprise.” Foreign Affairs, November/December, 8896.Google Scholar
Greenwood, R. and Shleifer, A.. 2014. “Expectations of Returns and Expected Returns.” Review of Financial Studies, 27(3), 714746.CrossRefGoogle Scholar
Griffin, D. and Tversky, A.. 1992. “The Weighing of Evidence and the Determinants of Confidence.” Cognitive Psychology, 24(3), 411435.CrossRefGoogle Scholar
Hackethal, A., Haliassos, M., and Jappelli, T.. 2012. “Financial Advisors: A Case of Babysitters?Journal of Banking & Finance, 36(2), 509524.CrossRefGoogle Scholar
Hadar, L., Sood, S., and Fox, C. R.. 2013. “Subjective Knowledge in Consumer Financial Decisions.” Journal of Marketing Research, 50(3), 303316.CrossRefGoogle Scholar
Hayward, M. L. A., Shepherd, D. A., and Griffin, D.. 2006. “A Hubris Theory of Entrepreneurship.” Management Science, 52(2), 160172.CrossRefGoogle Scholar
Heath, C. and Heath, D.. 2007. Made to Stick: Why Some Ideas Survive and Others Die. New York: Random House.Google Scholar
Heffernan, M. 2011. Willful Blindness: Why We Ignore the Obvious at Our Peril. New York: Walker.Google Scholar
Hertwig, R. 2012. “The Experience and Rationality of Decisions from Experience.” Synthese, 187, 269292.CrossRefGoogle Scholar
Hertwig, R., Baron, G., Weber, E. U. and Erev, I.. 2004. “Decisions from Experience and the Effect of Rare Events in Risky Choice.” Psychological Science, 15(8), 534539.CrossRefGoogle ScholarPubMed
Hirshleifer, D., and Shumway, T.. 2003. “Good Day Sunshine: Stock Returns and the Weather.” Journal of Finance, 58(3), 10091032.CrossRefGoogle Scholar
Hirshleifer, D. and Teoh, S. H.. 2003. “Limited Attention, Information Disclosure, and Financial Reporting.” Journal of Accounting and Economics, 36(1), 337386.CrossRefGoogle Scholar
Hirshleifer, D., Lim, S., and Teoh, S. H.. 2011. “Limited Investor Attention and Stock Market Misreactions to Accounting Information.” Review of Asset Pricing Studies, 1(1), 3573.CrossRefGoogle Scholar
Hoffrage, U. and Hertwig, R.. 1999. “Hindsight Bias: A Price Worth Paying for Fast and Frugal Memory.” In Gigerenzer, G., Todd, P.M., and the ABC Research Group (eds.), Simple Heuristics That Make Us Smart, Oxford: Oxford University Press, pp. 191–208.Google Scholar
Hurd, M., van Rooij, M., and Winter, J.. 2011. “Stock Market Expectations of Dutch Households.” Journal of Applied Economics, 26(3), 416436.CrossRefGoogle ScholarPubMed
Ivković, Z. and Weisbenner, S.. 2007. “Information Diffusion Effects in Individual Investors’ Common Stock Purchases: Covet Thy Neighbors’ Investment Choices.” Review of Financial Studies, 20(4), 13271357.CrossRefGoogle Scholar
Johnson, J. and Tellis, G. J.. 2005. “Blowing Bubbles: Heuristics and Biases in the Run-up of Stock Prices.” Journal of the Academy of Marketing Science 33(4), 486503.CrossRefGoogle Scholar
Jonas, E., Schulz-Hardt, S., Frey, D., and Thelen, N.. 2001. “Confirmation Bias in Sequential Information Search After Preliminary Decisions: An Expansion of Dissonance Theoretical Research on Selective Exposure to Information.” Journal of Personality and Social Psychology, 80(4), 557571.CrossRefGoogle ScholarPubMed
Kahneman, D. 2011. Thinking, Fast and Slow. New York: Farrar, Straus and Giroux.Google Scholar
Kahneman, D. and Riepe, M. W.. 1998. “Aspects of Investor Psychology.” Journal of Portfolio Management, 24(4), 5265.CrossRefGoogle Scholar
Kahneman, D. and Tversky, A.. 1973. “On the Psychology of Prediction.” Psychological Review, 80, 237251.CrossRefGoogle Scholar
Kahneman, D. and Tversky, A.. 1979. “Prospect Theory: An Analysis of Decision Under Risk.” Econometrica, 47, 263291.CrossRefGoogle Scholar
Kaniel, R., Saar, G., and Titman, S.. 2008. “Individual Investor Trading and Stock Returns.” Journal of Finance, 63, 273310.CrossRefGoogle Scholar
Katona, G. 1975. Psychological Economics. New York: Elsevier.Google Scholar
Keynes, J. M. 1936. The General Theory of Employment, Interest and Money. New York: Harcourt, Brace & World, Inc.Google Scholar
Korniotis, G. M. and Kumar, A.. 2011. “Do Older Investors Make Better Investment Decisions?Review of Economics and Statistics, 93(1), 244265.CrossRefGoogle Scholar
Langer, E. J. 1982. “The Illusion of Control.” In Kahneman, D., Slovic, P., and Tversky, A. (eds.), Judgment Under Uncertainty: Heuristics and Biases. Cambridge: Cambridge University Press, pp. 231–238.Google Scholar
Lejarraga, T., Pachur, T., Frey, R., and Hertwig, R.. 2016. “Decisions from Experience: From Monetary to Medical Gambles.” Journal of Behavioral Decision Making, 29, 6777.CrossRefGoogle Scholar
Loewenstein, G. F., Hsee, C. K., Weber, E. U., and Welch, N.. 2001. “Risk as Feelings.” Psychological Bulletin, 127(2), 267286.CrossRefGoogle ScholarPubMed
Loewenstein, G. F. and Lerner, J. S.. 2003. “The Role of Affect in Decision Making.” Handbook of Affective Science 619, 642, 3.Google Scholar
Loibi, C. and Hira, T. K.. 2009. “Investor Information Search.” Journal of Economic Psychology, 30, 2441.Google Scholar
Lusardi, A. and Mitchell, O. S.. 2011. “Financial Literacy Around the World: An Overview.” Journal of Pension Economics and Finance, 10(4), 497508.CrossRefGoogle ScholarPubMed
Lusardi, A. and Mitchell, O. S.. 2014. “The Economic Importance of Financial Literacy: Theory and Evidence.” Journal of Economic Literature, 52(1), 544.CrossRefGoogle ScholarPubMed
Malmendier, U. and Nagel, S.. 2011. “Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?Quarterly Journal of Economics, 126(1), 373416.CrossRefGoogle Scholar
Manski, C. F. 2004. “Measuring Expectations.” Econometrica, 72(5), 13291376.CrossRefGoogle Scholar
Maslow, A. 1954. Motivation and Personality. New York: Harper & Row.Google Scholar
McClelland, D. 1961. The Achieving Society. New York: D. Van Nostrand.CrossRefGoogle Scholar
McGraw, A. P., Mellers, B. A., and Ritov, I.. 2004. “The Affective Costs of Overconfidence.” Journal of Behavioral Decision Making, 17(4), 281295.CrossRefGoogle Scholar
Mellers, B. A. 2000. “Choice and the Relative Pleasure of Consequences.” Psychological Bulletin, 126(6), 910924.CrossRefGoogle ScholarPubMed
Mill, J. [1829] 1869. Analysis of the Phenomena of the Human Mind. 2nd edition. London: Longmans, Green.Google Scholar
Mill, J. S. 1843. ‘The Logic of the Moral Sciences.” In A System of Logic, Ratiocinative and Inductive. London: Longman, Green.Google Scholar
Neisser, U. 1976. Cognition and Reality. Principles and Implications of Cognitive Psychology. San Francisco: W. H. Freeman.Google Scholar
Nofsinger, J. R. 2005. “Social Mood and Financial Economics.” Journal of Behavioral Finance, 6(3), 144160.CrossRefGoogle Scholar
Nofsinger, J. R., and Sias, R. W.. 1999. “Herding and Feedback Trading by Institutional and Individual Investors.” Journal of Finance, 54(6), 22632295.CrossRefGoogle Scholar
Odean, T. 1998. “Are Investors Reluctant to Realize Their Losses?Journal of Finance, 53(5), 17751798.CrossRefGoogle Scholar
Peng, L. and Xiong, W.. 2006. “Investor Attention, Overconfidence and Category Learning.” Journal of Financial Economics, 80(3), 563602.CrossRefGoogle Scholar
Porter, G. E. 2004. “The Long-Term Value of Analysts’ Advice in the Wall Street Journal’s Investment Dartboard Contest.” Journal of Applied Finance, 14(2), 5265.Google Scholar
Posner, E. A. 2015. “The Law, Economics, and Psychology of Manipulation.” University of Chicago, Coase-Sandor Institute for Law & Economics Research Paper #726.Google Scholar
Ross, L. and Nisbett, R. E.. 1991. The Person and the Situation: Perspectives on Social Psychology. New York: McGraw-Hill.Google Scholar
Rothman, A. J. and Hardin, C. D.. 1997. “Differential Use of the Availability Heuristic in Social Judgment.” Personality and Social Psychology Bulletin, 23(2), 123138.CrossRefGoogle Scholar
Ru, H. and Schoar, A.. 2016. “Do Credit Card Companies Screen for Behavioral Biases?” National Bureau of Economic Research Working Paper #22360.CrossRefGoogle Scholar
Schlősser, T., Dunning, D., Johnson, K. L., and Kruger, J.. 2013. “How Unaware Are the Unskilled? Empirical Tests of the ‘Signal Extraction’ Counterexplanation for the Dunning–Kruger Effect in Self-Evaluation of Performance.” Journal of Economic Psychology, 39, 85100.CrossRefGoogle Scholar
Schneider, W. and Shiffrin, R. M.. 1977. “Controlled and Automatic Human Information Processing: I. Detection, Search, and Attention.” Psychological Review, 84(1), 1.CrossRefGoogle Scholar
Seasholes, M. S. and Zhu, N.. 2010. “Individual Investors and Local Bias.” The Journal of Finance, 65(5), 1987–2010.Google Scholar
Selten, R. 1998. “Features of Experimentally Observed Bounded Rationality.” European Economic Review, 42, 413436.CrossRefGoogle Scholar
Shefrin, H. 2000. Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing. Boston, MA: Harvard Business School Press.Google Scholar
Shefrin, H. and Statman, M.. 1994. “Behavioral Capital Asset Pricing Theory.” Journal of Financial and Quantitative Analysis, 29(3), 323349.CrossRefGoogle Scholar
Shiller, R. J. 2000a. “Measuring Bubble Expectations and Investor Confidence.” Journal of Psychology and Financial Markets, 1(1), 4960.CrossRefGoogle Scholar
Shiller, R. J. 2000b. Irrational Exuberance. Princeton, NJ: Princeton University Press.Google Scholar
Shleifer, A. 2000. Inefficient Markets. Oxford: Oxford University Press.CrossRefGoogle Scholar
Slovic, P., Finucane, M. L., Peters, E., and MacGregor, D. G.. 2004. “Risk as Analysis and Risk as Feelings: Some Thoughts About Affect, Reason, Risk, and Rationality.” Risk Analysis, 24(2), 311322.CrossRefGoogle ScholarPubMed
Sonsino, D. and Regev, E.. 2013. “Informational Overconfidence in Return Prediction. More properties.” Journal of Economic Psychology, 39, 7284.CrossRefGoogle Scholar
Stango, V. and Zinman, J.. 2009. “Exponential Growth Bias and Household Finance.” Journal of Finance, 64(6), 28072849.CrossRefGoogle Scholar
Statman, M., Fisher, K. L., and Aiginer, D.. 2008. “Affect in a Behavioral Asset-Pricing Model.” Financial Analysts Journal, 64(2), 2029.CrossRefGoogle Scholar
Stephan, E. 1999. “Die Rolle von Urteilsheuristiken bei Finanzentscheidungen: Ankereffekte und kognitive Verftigbarkeit.” In Fischer, L., Kutsch, T., and Stephan, E. (eds.), Finanzpsychologie. Muenchen und Wien: R. Oldenbourg Verlag, pp. 101137.Google Scholar
Stephan, E. and Kiell, G.. 2000. “Decision Processes in Professional Investors: Does Expertise Moderate Judgmental Biases?” In Holz, E. (ed.), IAREP-ISABE Conference Proceedings: Fairness and Competition. Vienna: Universitatsverlag, 41, 620.Google Scholar
Stotz, O. and von Nitzsch, R.. 2005. ‘The Perception of Control and the Level of Overconfidence: Evidence from Analyst Earnings Estimates and Price Targets.” Journal of Behavioral Finance, 6(3), 121128.CrossRefGoogle Scholar
Sunstein, C. R. 2014. “Nudges vs. Shoves.” Harvard Law Review Forum, 127(April), 210–217.Google Scholar
Sunstein, C. R. 2016. “Fifty Shades of Manipulation.” Journal of Marketing Behavior, 1(3–4), 213244.CrossRefGoogle Scholar
Taleb, N. N. 2007. The Black Swan: The Impact of the Highly Improbable. New York: Random House.Google Scholar
Taleb, N. N., Goldstein, D. G., and Spitznagel, M. W.. 2009. “The Six Mistakes Executives Make in Risk Management.” Harvard Business Review, 39–41.Google Scholar
Tavris, C. and Aronson, E.. 2007 . Mistakes Were Made but Not By Me: Why We Justify Foolish Beliefs, Bad Decisions, and Hurtful Acts. New York: Harcourt.Google Scholar
Teigen, K. H. and Keren, G.. 2003. “Surprises: Low Probabilities or High Contrasts?Cognition, 87, 5571.CrossRefGoogle ScholarPubMed
Teigen, K. H. and Keren, G.. 2007. “Waiting for the Bus: When Base-Rates Refuse to Be Neglected.” Cognition, 101, 337357.CrossRefGoogle Scholar
Tetlock, P. E. 2005. Expert Political Judgment. How Good Is It? How Can We Know? Princeton: Princeton University Press.Google Scholar
Tetlock, P. E. and Gardner, D.. 2015. Superforecasting: The Art and Science of Prediction. New York: Crown Publishing Group.Google Scholar
Trevelyan, R. 2008. “Optimism, Overconfidence and Entrepreneurial Activity.” Managerial Decision, 46(7), 9861001.Google Scholar
Tversky, A. and Heath, C.. 1991. “Preferences and Beliefs: Ambiguity and Competence in Choice Under Uncertainty.” Journal of Risk and Uncertainty, 4, 528.Google Scholar
Tversky, A. and Kahneman, D.. 1982a. “Judgment Under Uncertainty: Heuristics and Biases.” In Kahneman, D., Slovic, P., and Tversky, A. (eds.), Judgment Under Uncertainty: Heuristics and Biases. Cambridge: Cambridge University Press, pp. 3–22.Google Scholar
Tversky, A. and Kahneman, D.. 1982b. “Evidential Impact of Base Rates.” In Kahneman, D., Slovic, P., and Tversky, A. (eds.). Judgment Under Uncertainty: Heuristics and Biases. Cambridge: Cambridge University Press, pp. 153–162.Google Scholar
Tversky, A. and Kahneman, D.. 1982c. “Availability: A Heuristic for Judging Frequency and Probability.” In Kahneman, D., Slovic, P., and Tversky, A. (eds.). Judgment Under Uncertainty: Heuristics and Biases. Cambridge: Cambridge University Press, pp. 163–178.Google Scholar
Van Rooij, M., Lusardi, A., and Alessie, R.. 2011. “Financial Literacy and Stock Market Participation.” Journal of Financial Economics, 101(2), 449472.CrossRefGoogle Scholar
Vissing-Jorgensen, A. 2004. “Perspectives on Behavioral Finance: Does ‘Irrationality’ Disappear with Wealth? Evidence from Expectations and Actions.” NBER Macro Annual 2003. Cambridge, MA: MIT Press.Google Scholar
Wärneryd, K.-.E. 2001. Stock-Market Psychology. How People Value and Trade Stocks. Cheltenham, UK and Northampton, MA: Elgar.Google Scholar
Wärneryd, K.-E. 1997. “Demystifying Rational Expectations Theory Through an Economic-Psychological Model.” In Antonides, G., van Raaij, W.F., and Maital, S. (eds.), Advances in Economic Psychology. Chichester: Wiley & Sons, pp. 211236.Google Scholar
Watts, D. J. 2011. Everything Is Obvious: Once You Know the Answer. London: Atlantic.Google Scholar
Willis, L. E. 2009. “Evidence and Ideology in Assessing the Effectiveness of Financial Literacy Education.” San Diego Law Review, 46, 415.Google Scholar
Wilson, T. D. and Gilbert, D. T.. 2003. “Affective Forecasting.” In Zanna, M. P. (ed.), Advances in Experimental Social Psychology, 35, 346411. New York: Academic Press.Google Scholar
Wilson, T. D., Centerbar, D. B., Kermer, D. A., and Gilbert, D. T.. 2005. “The Pleasures of Uncertainty: Prolonging Positive Moods in Ways People Do Not Anticipate.” Journal of Personality and Social Psychology, 88(1), 521.CrossRefGoogle ScholarPubMed
Zajonc, R. B. 1980. “Feeling and Thinking: Preferences Need No Inferences.” American Psychologist, 35(2), 151175.CrossRefGoogle Scholar
Zhe, G. and Leslie, P.. 2005. “The Case in Support of Restaurant Hygiene Grade Cards.” Choices, 20(2), 97102.Google Scholar

4.11 References

Abarbanell, J. and Bernard, V. L., “Tests of Analysts’ Overreaction/Underreaction to Earnings Information as an Explanation for Anomalous Stock Price Behavior,” Journal of Finance, 47, 3, 1181–1207, July 1992.CrossRefGoogle Scholar
Abdel-khalik, A. R. and Ajinkya, B. B., “Returns to Informational Advantages: The Case of Analysts’ Forecasts Revisions,” Accounting Review, 57, 4, 661680, October 1982.Google Scholar
Abreu, D. and Brunnermeier, M. K., “Synchonization Risk and Delayed Arbitrage,” Journal of Financial Economics, 64, 341360, 2002.CrossRefGoogle Scholar
Abreu, D. and Brunnermeier, M. K., “Bubbles and Crashes,” Econometrica, 71, 173204, 2003.CrossRefGoogle Scholar
Admati, A. R., “It Takes a Village to Maintain a Dangerous Financial System,” Working Paper, Graduate School of Business, Stanford University, May 2016.CrossRefGoogle Scholar
Agarwal, S., Ben-David, I. and Yao, V., “Systematic Mistakes in the Mortgage Market and Lack of Financial Sophistication,” Journal of Financial Economics, 123, 4258, 2017.CrossRefGoogle Scholar
Ahlers, D. and Lakonishok, J., “A Study of Economists’ Consensus Forecasts,” Management Science, 29, 10, 1113–1125, 1982.Google Scholar
Akbas, F., Armstrong, W. J., Sorescu, S., and Subrahmanyam, A., “Smart Money, Dumb Money, and Capital Market Anomalies,” Journal of Financial Economics, 118, 355382, 2015.CrossRefGoogle Scholar
Akerlof, G. A., “Behavioral Macroeconomics and Macroeconomic Behavior,” American Economic Review, 92, 3, 411433, June 2002.CrossRefGoogle Scholar
Akerlof, G. A. and Shiller, R. J., Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism, Princeton: Princeton University Press, 2009.Google Scholar
Albuquerque, R., Eichenbaum, M., Papanikolaou, D., and Rebelo, S., “Long-Run Bulls and Bears,” Journal of Monetary Economics, 76, S21S28, 2015.CrossRefGoogle Scholar
Ali, A., Klein, A., and , J., “Analysts’ Use of Information About Permanent and Transitory Earnings Components in Forecasting Annual EPS,” Accounting Review, 67, 1, 183198, 1992.Google Scholar
Allen, F. L., Only Yesterday: An Informal History of the 1920s, New York: Perennial Library, 1931.Google Scholar
Altinkiliç, O., Hansen, R. S., and Ye, L., “Can Analysts Pick Stocks for the Long Run?Journal of Financial Economics, 119, 371398, 2016.CrossRefGoogle Scholar
Amir, E. and Ganzach, Y., “Overreaction and Underreaction in Analysts’ Forecasts,” Journal of Economic Behavior and Organization, 37, 3, 333347, November 1998.CrossRefGoogle Scholar
Anderson, K., The Essential P/E: Understanding the Stock Market through the Price-Earnings Ratio, Harriman, 2012.Google Scholar
Andreassen, P. B., “On the Social Psychology of the Stock Market: Aggregate Attributional Effects and the Regressiveness of Prediction,” Journal of Personality and Social Psychology, 53, 3, 490496, 1987.CrossRefGoogle Scholar
Arbel, A. and Strebel, P., “Pay Attention to Neglected Firms! Even When They’re Large,” Journal of Portfolio Management, 9, 2, 37–42, Winter 1983.CrossRefGoogle Scholar
Arce, O. and Lopez-Salido, D., “Housing Bubbles,” American Economic Journal: Macroeconomics, 3, 212241, January 2011.Google Scholar
Arrow, K. J., “Risk Perception in Psychology and Economics,” Economic Inquiry, 20, 19, January 1982.CrossRefGoogle Scholar
Asch, S., “Opinions and Social Pressure,” Scientific American, 193, 5, 31–35, 1955.CrossRefGoogle Scholar
Asness, C., “The Interaction of Value and Momentum Strategies,” Financial Analysts Journal, 53, 2, 2936, March–April 1997.CrossRefGoogle Scholar
Avramov, D., Chordia, T., Jostova, G., Philipov, A., et al., “Dispersion in Analysts’ Earnings Forecasts and Credit Rating,” Journal of Financial Economics, 91, 83101, 2009.CrossRefGoogle Scholar
Ayres, I. and Curtis, Q., “Beyond Diversification: The Pervasive Problem of Excessive Fees and ‘Dominated Funds’ in 401(k) Plans,” Yale Law Journal, 124, 14761552, 2015.Google Scholar
Azariadis, C., “Self-Fulfilling Prophecies,” Journal of Economic Theory, 25, 380396, 1981.CrossRefGoogle Scholar
Baddeley, M., “Herding, Social Influence and Economic Decision-Making: Socio-psychological and Neuroscientific Analyses,” Philosophical Transactions of the Royal Society B, 365, 281290, 2010.CrossRefGoogle ScholarPubMed
Baik, B. and Jiang, G., “The Use of Management Forecasts to Dampen Analysts’ Expectations,” Journal of Accounting and Public Policy, 25, 531553, 2006.CrossRefGoogle Scholar
Baker, H. K. and Nofsinger, J. R., Behavioral Finance. Investors, Corporations and Markets. Wiley, 2010.CrossRefGoogle Scholar
Baker, M. and Wurgler, J., “Investor Sentiment and the Cross-section of Stock Returns,” Journal of Finance, 61, 4, 1645–1680, 2006.CrossRefGoogle Scholar
Baker, M. and Wurgler, J., “Investor Sentiment in the Stock Market,” Journal of Economic Perspectives, 21, 2, 129151, Spring 2007.CrossRefGoogle Scholar
Ball, R., “Anomalies in Relationships Between Securities’ Yields and Yield-Surrogates,” Journal of Financial Economics, 6, 23, 103–126, June-September 1978.CrossRefGoogle Scholar
Ball, R. and Brown, P., “An Empirical Evaluation of Accounting Income Numbers,” Journal of Accounting Research, 6, 2, 159–178, Autumn 1968.CrossRefGoogle Scholar
Ball, R., Gerakos, J., Linnainmaa, J. and Nikolaev, V., “Deflating Profitability,” Journal of Financial Economics, 117, 225248, 2015.CrossRefGoogle Scholar
Ball, R., Gerakos, J., Linnainmaa, J. and Nikolaev, V., “Accruals, Cash Flows, and Operating Profitability in the Cross Section of Stock Returns,” Journal of Financial Economics, 121, 2845, 2016.CrossRefGoogle Scholar
Ball, R. and Watts, R., “Some Time Series Properties of Accounting Income,” Journal of Finance, 27, 3, 663–681, June 1972.CrossRefGoogle Scholar
Bange, M. M., “Do the Portfolios of Small Investors Reflect Positive Feedback Trading?Journal of Financial and Quantitative Analysis, 35, 2, 239255, June 2000.CrossRefGoogle Scholar
Bange, M. M. and De Bondt, W. F. M., “R&D Budgets and Corporate Earnings Targets,” Journal of Corporate Finance, 4, 153184, 1998.CrossRefGoogle Scholar
Banko, J. C., Conover, C. M., and Jensen, G. R., “The Relationship Between the Value Effect and Industry Affiliation,” Journal of Business, 79, 5, 25952616, 2006.CrossRefGoogle Scholar
Banz, R., “The Relationship Between Return and Market Value of Common Stocks,” Journal of Financial Economics, 9, 318, 1981.CrossRefGoogle Scholar
Barberis, N., “The Psychology of Tail Events: Progress and Challenges,” American Economic Review, 103, 3, 611616, 2013.CrossRefGoogle Scholar
Barberis, N., Shleifer, A., and Vishny, R., “A Model of Investor Sentiment,” Journal of Financial Economics, 49, 307343, 1998.CrossRefGoogle Scholar
Barberis, N., Shleifer, A., and Wurgler, J., “Comovement,” Journal of Financial Economics, 75, 283317, 2005.CrossRefGoogle Scholar
Barberis, N. and Huang, M., “Mental Accounting, Loss Aversion, and Individual Stock Returns,” Journal of Finance, 56, 4, 12471292, August 2001.CrossRefGoogle Scholar
Barberis, N. and Huang, M., “Stocks as Lotteries: The Implications of Probability Weighting for Security Prices,” American Economic Review, 98, 5, 20662100, 2008.CrossRefGoogle Scholar
Barboza, D., “In China, a Building Frenzy’s Fault Lines,” New York Times, March 13, 2015.Google Scholar
Baron, J., Thinking and Deciding, Cambridge: Cambridge University Press, 1988.Google Scholar
Baron, M. and Xiong, W., “Credit Expansion and Neglected Crash Risk,” Working Paper, Princeton University, October 2014.Google Scholar
Barr, B., Taylor-Robinson, D., Scott-Samuel, A., McKee, M. and Stuckler, D., “Suicides Associated with the 2008–2010 Economic Recession in England: Time Trend Analysis,” BMJ, 345, e5142, August 14, 2012.CrossRefGoogle Scholar
Barro, R.J., “Rare Disasters, Asset Prices, and Welfare Costs,” American Economic Review, 99, 1, 243264, March 2009.CrossRefGoogle Scholar
Barro, R. J. and Fisher, S., “Recent Developments in Monetary Theory,” Journal of Monetary Economics, 2, 2, 133167, April 1976.CrossRefGoogle Scholar
Barro, R. J. and Jin, T., “Rare Events and Long-Run Risks,” National Bureau of Economic Research (NBER) Working Paper #21871, January 2016.CrossRefGoogle Scholar
Barth, M. E., Elliot, J. A., and Finn, M. W., “Market Rewards Associated with Patterns of Increasing Earnings,” Journal of Accounting Research, 37, 387413, 1999.CrossRefGoogle Scholar
Bartov, E., Givoly, D., and Hayn, C., “The Rewards to Meeting or Beating Earnings Expectations,” Journal of Accounting and Economics, 33, 173204, 2002.CrossRefGoogle Scholar
Bartov, E., Radhakrishnan, S., and Krinsky, I., “Investor Sophistication and Patterns in Stock Returns After Earnings Announcements,” Accounting Review, 75, 1, 4363, January 2000.CrossRefGoogle Scholar
Basi, B., Carey, K. and Twark, R., “A Comparison of the Accuracy of Corporate and Security Analysts’ Forecasts of Earnings,” Accounting Review, 51, 2, 244–254, April 1976.Google Scholar
Basu, S., “The Information Content of Price-Earnings Ratios,” Financial Management, 5364, 4, 2, Summer 1975.CrossRefGoogle Scholar
Basu, S., “Investment Performance of Common Stocks in Relation to Their Price-Earnings Ratios: A Test of the Efficient Market Hypothesis,” Journal of Finance, 33, 3, 663682, June 1977.Google Scholar
Basu, S., “The Effect of Earnings’ Yield on Assessments of the Association Between Annual Accounting Income Numbers and Security Prices,” Accounting Review, 53, 3, 599625, July 1978.Google Scholar
Basu, S., “The Relationship Between Earnings’ Yield, Market Value and Return for NYSE Common Stocks: Further Evidence,” Journal of Financial Economics, 12, 1, 129156, June 1983.CrossRefGoogle Scholar
Bauman, W. S., Conover, C. M., and Miller, R. E., “Growth Versus Value and Large-Cap Versus Small-Cap Stocks in International Markets,” Financial Analysts Journal, 54, 2, 7589, March–April 1998.CrossRefGoogle Scholar
Bauman, W. S. and Dowen, R., “Growth Projections and Common Stock Returns,” Financial Analysts Journal, 44, 4, 7980, July–August 1988.CrossRefGoogle Scholar
Bayer, P., Mangum, K., and Roberts, J. W., “Speculative Fever: Investor Contagion in the Housing Bubble,” NBER Working Paper #22065, March 2016.CrossRefGoogle Scholar
Beaver, W., “Market Efficiency,” Accounting Review, 56, 1, 23–37, January 1981.Google Scholar
Beaver, W., Lambert, R., and Morse, D., “The Information Content of Security Prices,” Journal of Accounting and Economics, 2, 328, 1980.CrossRefGoogle Scholar
Beaver, W. and Morse, D., “What Determines Price–Earnings Ratios?Financial Analysts Journal, 34, 4, 6576, July–August 1978.CrossRefGoogle Scholar
Becker, G., The Economic Approach to Human Behavior, Chicago: University of Chicago Press, 1976.CrossRefGoogle Scholar
Bell, F. W., “The Relation of the Structure of Common Stock Prices to Historical, Expectational and Industrial Variables,” Journal of Finance, 29, 1, 187197, March 1974.CrossRefGoogle Scholar
Benartzi, S. and Thaler, R. H., “Myopic Loss Aversion and the Equity Premium Puzzle,” Quarterly Journal of Economics, 110, 7392, 1995.CrossRefGoogle Scholar
Benishay, H., “Variability in Earnings Price Ratios of Corporate Equities,” American Economic Review, 51, 1, 8194, March 1961.Google Scholar
Berenson, A., The Number: How the Drive for Quarterly Earnings Corrupted Wall Street and Corporate America, New York: Random House, 2004.Google Scholar
Berkman, H., Dimitrov, V., Jain, P. C., Koch, P. D., and Tice, S., “Sell on the News: Differences of Opinion, Short-Sales Constraints, and returns Around Earnings Announcements,” Journal of Financial Economics, 92, 376399, 2009.CrossRefGoogle Scholar
Bernanke, B. S., “Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression,” American Economic Review, 73, 3, 257276, June 1983.Google Scholar
Bernanke, B. S., “The Great Moderation,” Speech, Annual Meeting of the Eastern Economic Association, Washington, D.C., February 20, 2004.Google Scholar
Bernanke, B. S., “The Subprime Mortgage Market,” Speech, 43rd Annual Conference on Bank Structure and Competition, Chicago, Illinois, May 17, 2007.Google Scholar
Bernanke, B. S., “The Financial Accelerator and the Credit Channel,” Speech, Conference on “The Credit Channel of Monetary Policy in the Twenty-First Century”, Federal Reserve Bank of Atlanta, Atlanta, Georgia, June 15, 2007.Google Scholar
Bernanke, B. S., “Some Reflections on the Crisis and the Policy Response,” Speech, Conference on “Rethinking Finance: Perspectives on the Crisis,” Russell Sage Foundation and the Centure Foundation, New York, April 13, 2012.Google Scholar
Bernanke, B. S., Bertaut, C., Pounder DeMarco, L., and Kamin, S., “International Capital Flows and the Returns to Safe Assets in the United States, 2003–2007,” Board of Governors of the Federal Reserve System, International Finance Discussion Papers #1014, February 2011.CrossRefGoogle Scholar
Bernanke, B. S. and Gertler, M., “Monetary Policy and Asset Price Volatility,” Federal Reserve Bank of Kansas City Economic Review, 17–51, 4th quarter, 1999.Google Scholar
Bernanke, B. S., Gertler, M., and Gilchrist, S., “The Financial Accelerator in a Quantitative Business Cycle Framework,” in Taylor, J. and Woodford, M. (eds.), Handbook of Macroeconomics, 1, part C, 1341–1393, Amsterdam: Elsevier–North Holland, 1999.Google Scholar
Bernard, V. L., “Stock Price Reactions to Earnings Announcements: A Summary of Recent Anomalous Evidence and Possible Explanations, in Thaler, R. (ed.), Advances in Behavioral Finance, New York: Russell Sage Foundation, 1993.Google Scholar
Bernard, V. L. and Thomas, J. K., “Evidence that Stock Prices Do Not Fully Reflect the Implications of Current Earnings for Future Earnings,” Journal of Accounting and Economics, 13, 305340, 1990.CrossRefGoogle Scholar
Bernstein, R., “The Earnings Expectations Life Cycle,” Financial Analysts Journal, 49, 2, 9093, March–April 1993.CrossRefGoogle Scholar
Bezemer, D. J., “The Credit Crisis and Recession as a Paradigm Test,” Journal of Economic Issues, 45, 1, 118, March 2011.CrossRefGoogle Scholar
Bidder, R. M. and Smith, M. E., “Robust Animal Spirits,” Journal of Monetary Economics, 59, 8, 738750, 2012.CrossRefGoogle Scholar
Billings, B. K. and Morton, R. M., “Book-to-Market Components, Future Security Returns, and Errors in Expected Future Earnings,” Journal of Accounting Research, 39, 2, 197219, September 2001.CrossRefGoogle Scholar
Bloom, N., “The Impact of Uncertainty Shocks,” Econometrica, 77, 3, 623685, May 2009.Google Scholar
Bloom, N., “Fluctuations in Uncertainty,” Journal of Economic Perspectives, 28, 2, 153176, Spring 2014.CrossRefGoogle Scholar
Bloomfield, R. and Hales, J., “Predicting the Next Step of a Random Walk: Experimental Evidence of Regime-Shifting Beliefs,” Journal of Financial Economics, 65, 397414, 2002.CrossRefGoogle Scholar
Blume, L. E., Bray, M. M., and Easley, D., “Introduction to the Stability of Rational Expectations Equilibrium,” Journal of Economic Theory, 26, 313317, 1982.CrossRefGoogle Scholar
Blume, L. E. and Easley, D., “Evolution and Market Behavior,” Journal of Economic Theory, 58, 940, 1992.CrossRefGoogle Scholar
Bogle, J. C., The Battle for the Soul of Capitalism, New Haven: Yale University Press, 2005.Google Scholar
Bogle, J. C., “The New Global Economy,” Speech, Combined Columbia University/MIT Association, April 10, 2008.Google Scholar
Bollen, J., Mao, H., and Pepe, A., “Modeling Public Mood and Emotion: Twitter Sentiment and Socio-economic Phenomena,” Proceedings of the Fifth International AAAI Conference on Weblogs and Social Media, 450453, 2011.Google Scholar
Bollen, J., Mao, H., and Zeng, X.-J., “Twitter Mood Predicts the Stock Market,” Journal of Computational Science, 2, 1, 18, 2010.CrossRefGoogle Scholar
Borio, C., “The Financial Cycle and Macroeconomics: What Have We Learnt?Journal of Banking and Finance, 45, 182198, 2014a.CrossRefGoogle Scholar
Borio, C., “Monetary Policy and Financial Stability: What Role in Prevention and Recovery?Capitalism and Society, 9, 2, 1, 2014b.Google Scholar
Borio, C. and Disyatat, P., “Global Imbalances and the Financial Crisis: Link or No Link?” Bank for International Settlements Working Paper #346, May 2011.CrossRefGoogle Scholar
Borio, C. and Drehmann, M., “Financial Instability and Macroeconomics: Bridging the Gulf,” Paper presented at the 12th Annual International Banking Conference cosponsored by the Federal Reserve Bank of Chicago and the World Bank, September 24–25, 2009.Google Scholar
Bracha, A. and Weber, E. U., “A Psychological Perspective of Financial Panic,” Working Paper, Federal Reserve Bank of Boston, September 2012.CrossRefGoogle Scholar
Branch, W. A. and Evans, G. W., “Learning About Risk and Return: A Simple Model of Bubbles and Crashes,” American Economic Journal: Macroeconomics, 3, 159191, July 2011.Google Scholar
Brav, A. and Heaton, J. B., “Competing Theories of Financial Anomalies,” Review of Financial Studies, 15, 2, 575606, 2002.CrossRefGoogle Scholar
Bray, M. M., “Learning, Estimation and the Stability of Rational Expectations,” Journal of Economic Theory, 26, 318339, 1982.CrossRefGoogle Scholar
Breeden, D., “An Intertemporal Asset Pricing Model with Stochastic Consumption and Investment Opportunities,” Journal of Financial Economics, 7, 265296, 1979.CrossRefGoogle Scholar
Brooks, L. D. and Buckmaster, D. A., “Further Evidence on the Time Series Properties of Accounting Income,” Journal of Finance, 31, 5, 1359–1373, December 1976.CrossRefGoogle Scholar
Brown, B. W. and Maital, S., “What Do Economists Know? An Empirical Study of Experts’ Expectations,” Econometrica, 49, 2, 491–504, 1980.Google Scholar
Brown, G. W. and Cliff, M. T., “Investor Sentiment and the Near-Term Stock Market,” Journal of Empirical Finance, 11, 127, 2004.CrossRefGoogle Scholar
Brown, G. W. and Cliff, M. T., “Investor Sentiment and Asset Valuation,” Journal of Business, 78, 2, 405440, 2005.CrossRefGoogle Scholar
Brown, L. D., “Analyst Forecasting Errors and Their Implications for Security Analysis: An Alternative Perspective,” Financial Analysts Journal, 52, 1, 40–47, January–February 1996.CrossRefGoogle Scholar
Brown, L. D., “Earnings Surprise Research: Synthesis and Perspectives,” Financial Analysts Journal, 53, 2, 13–19, March–April 1997.CrossRefGoogle Scholar
Brown, L. D., “Analyst Forecasting Errors: Additional Evidence,” Financial Analysts Journal, 53, 6, 81–88, November–December 1997.CrossRefGoogle Scholar
Brown, L. D. and Caylor, M. L., “A Temporal Analysis of Quarterly Earnings Thresholds: Propensities and Valuation Consequences,” Accounting Review, 80, 2, 423440, 2005.CrossRefGoogle Scholar
Brown, L. D. and Higgins, H. N., “Managing Earnings Surprises in the U.S. Versus 12 Other Countries,” Journal of Accounting and Public Policy, 20, 373398, 2001.CrossRefGoogle Scholar
Brown, L. D. and Rozeff, M. S., “The Superiority of Analysts Forecasts as Measures of Expectations: Evidence from Earnings,” Journal of Finance, 33, 1, 1–16, March 1978.CrossRefGoogle Scholar
Brown, L. D. and Rozeff, M. S., “Univariate Time-Series Models of Quarterly Accounting Earnings: A Proposed Model,” Journal of Accounting Research, 17, 1, 179189, 1979.CrossRefGoogle Scholar
Brown, P. and Ball, R., “Some Preliminary Findings on the Association Between the Earnings of a Firm, Its Industry and the Economy,” Empirical Research in Accounting: Selected Studies, 1967. Supplement to Journal of Accounting Research, 5, 114, 1967.CrossRefGoogle Scholar
Browning, E. S., “Please Don’t Talk to the Bearish Analyst,” Wall Street Journal, May 2, 1995.Google Scholar
Brunnermeier, M. K., Asset Pricing Under Asymmetric Information: Bubbles, Crashes, Technical Analysis, and Herding, Oxford: Oxford University Press, 2001.CrossRefGoogle Scholar
Brunnermeier, M. K., “Deciphering the Liquidity and Credit Crunch 2007–2008,” Journal of Economic Perspectives, 23, 1, 77100, Winter 2009.CrossRefGoogle Scholar
Brunnermeier, M. K. and Julliard, C., “Money Illusion and Housing Frenzies,” Review of Financial Studies, 21, 1, 135180, January 2008.CrossRefGoogle Scholar
Brunnermeier, M. K. and Nagel, S., “Hedge Funds and the Technology Bubble,” Journal of Finance, 59, 20132040, 2003.CrossRefGoogle Scholar
Brunnermeier, M. K. and Oehmke, M., “Bubbles, Financial Crises, and Systemic Risk,” NBER Working Paper #18398, September 2012.CrossRefGoogle Scholar
Caballero, J., “Do Surges in International Capital Inflows Influence the Likelihood of Banking Crises?” Working Paper #305, Inter-American Development Bank, May 2012.Google Scholar
Calomiris, C. W., “The Regulatory Record of the Greenspan Fed,” American Economic Review, 96, 2, 170173, May 2006.CrossRefGoogle Scholar
Canetti, E., Crowds and Power, New York: Viking Press, 1962.Google Scholar
Capstaff, J., Paudyal, K., and Rees, W., “A Comparative Analysis of Earnings Forecasts in Europe,” Journal of Business Finance and Accounting 28, 531562, 2001.CrossRefGoogle Scholar
Case, A. and Deaton, A., “Rising Morbidity and Mortality in Midlife Among White Non-Hispanic Americans in the 21st Century,” www.pnas.org/cgi/doi/10.1073/pnas.1518393112, September 17, 2015.Google Scholar
Case, K. E. and Shiller, R. J., “Is There a bubble in the Housing Market?Brookings Papers on Economic Activity, 2, 299362, 2003.CrossRefGoogle Scholar
Cass, D. and Shell, K., “Do Sunspots Matter?Journal of Political Economy, 91, 2, 193-227, April 1983.CrossRefGoogle Scholar
Cerra, V. and Saxena, S. C., “Growth Dynamics: The Myth of Economic Recovery,” American Economic Review, 98, 1, 439457, 2008.CrossRefGoogle Scholar
Chan, K., Chan, L., Jegadeesh, N., and Lakonishok, J., “Earnings Quality and Stock Returns,” Journal of Business, 79, 3, 10411082, 2006.CrossRefGoogle Scholar
Chan, L., Karceski, J., and Lakonishok, J., “The Level and Persistence of Growth Rates,” Journal of Finance, 58, 2, 643684, April 2003.CrossRefGoogle Scholar
Chan, W., “Stock Price Reaction to News and No-News: Drift and Reversal After Headlines,” Journal of Financial Economics, 70, 223260, 2003.CrossRefGoogle Scholar
Chant, P. D., “On the Predictability of Corporate Earnings per Share Behavior,” Journal of Finance, 35, 1, 13–21, March 1980.CrossRefGoogle Scholar
Charest, G., “Dividend Information, Stock Returns and Market Efficiency,” Journal of Financial Economics, 6, 297330, 1978.CrossRefGoogle Scholar
Chen, H.-L. and De Bondt, W. F. M., “Style Momentum Within the S&P-500 Index,” Journal of Empirical Finance, 11, 483–507, 2004.CrossRefGoogle Scholar
Chen, J., Hong, H., and Stein, J. C., “Breadth of Ownership and Stock Returns,” Journal of Financial Economics, 66, 171205, 2002.CrossRefGoogle Scholar
Chernenko, S., Hanson, S. G., and Sunderam, A., “Who Neglects Risk? Investor Experience and the Credit Boom,” Journal of Financial Economics, 122, 248269, 2016.CrossRefGoogle Scholar
Chetty, R., Grusky, D., Hell, M., Hendren, N., Manduco, R., and Narang, J., “The Fading American Dream: Trends in Absolute Income Mobility Since 1940,” NBER Working Paper #22910, December 2016.CrossRefGoogle Scholar
Chopra, N., Lakonishok, J., and Ritter, J. R., “Measuring Abnormal Performance: Do Stocks Overreact?Journal of Financial Economics, 31, 235268, 1992.CrossRefGoogle Scholar
Chopra, V. K., “Why So Much Error in Analysts’ Earnings Forecasts?Financial Analysts Journal, 54, 6, 35–42, November–December 1998.CrossRefGoogle Scholar
Chordia, T. and Shivakumar, L., “Earnings and Price Momentum,” Journal of Financial Economics, 80, 627656, 2006.CrossRefGoogle Scholar
Ciccone, S., “Does Analyst Optimism About Future Earnings Distort Stock Prices?Journal of Behavioral Finance, 4, 2, 5964, 2003.CrossRefGoogle Scholar
Claessens, S. and Kose, M. A., “Financial Crises: Explanations, Types and Implications,” International Monetary Fund Working Paper 13/28, January 2013.CrossRefGoogle Scholar
Clarke, R. G. and Statman, M., “Bullish or Bearish?,” Financial Analysts Journal, 63–72, May–June 1998.CrossRefGoogle Scholar
Cochrane, J. H., Asset Pricing, Princeton: Princeton University Press, 2000.Google Scholar
Cohen, L. and Lou, D., “Complicated Firms,” Journal of Financial Economics, 104, 383400, 2012.CrossRefGoogle Scholar
Coller, M., and Yohn, T. L., “Management Forecasts: What Do We Know?Financial Analysts Journal, 54, 1, 58–62, January–February 1998.CrossRefGoogle Scholar
Conlisk, J., “Why Bounded Rationality?Journal of Economic Literature, 34, 669700, 1996.Google Scholar
Cook, T. J. and Rozeff, M. S., “Size and Price-Earnings Anomalies: One Effect or Two?Journal of Financial and Quantitative Analysis, 19, 4, 449466, December 1984.CrossRefGoogle Scholar
Cooper, M., “Filter Rules Based on Price and Volume in Individual Security Overreaction,” Review of Financial Studies, 12, 4, 901935, 1999.CrossRefGoogle Scholar
Cooper, M., Dimitrov, O., and Rau, P. R., “A rose.com by Any Other Name,” Journal of Finance, 56, 6, 2371–88, December 2001.CrossRefGoogle Scholar
Copeland, T. E. and Mayers, D., “The Value-Line Enigma (1965–1978): A Case Study of Performance Evaluation Issues,” Journal of Financial Economics, 10, 289321, 1982.CrossRefGoogle Scholar
Corkery, M. and Silver-Greenberg, J., “Investment Riches Built on Subprime Auto Loans to Poor,” New York Times, January 26, 2015.Google Scholar
Cornell, B., “Is the Response of Analysts to Information Consistent with Fundamental Valuation? The Case of Intel,” Financial Management, 30, 1, 113136, Spring 2001.CrossRefGoogle Scholar
Cornell, B., “Comovement as an Investment Tool,” Journal of Portfolio Management, 30, 3, 106–111, Spring 2004.CrossRefGoogle Scholar
Cournède, B. and Denk, O., “Finance and Economic Growth in OECD and G20 Countries,” OECD Economics Department Working Paper #1223, 2015.CrossRefGoogle Scholar
Cragg, J. G. and Malkiel, B. G., “The Consensus and Accuracy of Some Predictions of the Growth of Corporate Earnings,” Journal of Finance, 23, 1, 6784, March 1968.CrossRefGoogle Scholar
Cragg, J. G. and Malkiel, B. G., Expectations and the Structure of Share Prices, Chicago: University of Chicago Press, 1982.CrossRefGoogle Scholar
Crichfield, T., Dyckman, T., and Lakonishok, J., “An Evaluation of Security Analysts’ Forecasts,” Accounting Review, 53, 3, 651–668, July 1978.Google Scholar
Cronqvist, H., Siegel, S., and Yu, F., “Value Versus Growth Investing: Why Do Different Investors Have Different Styles?Journal of Financial Economics, 117, 333349, 2015.CrossRefGoogle Scholar
Cyert, R. M. and DeGroot, M. H., “Rational Expectations and Bayesian Analysis,” Journal of Political Economy, 82, 521536, 1974.CrossRefGoogle Scholar
Da, Z., Engelberg, J., and Gao, P., “The Sum of All FEARS Investor Sentiment and Asset Prices,” Review of Financial Studies, 28, 1, 132, 2015.CrossRefGoogle Scholar
Daly, G. G. and Mayor, T. H., “Reason and Rationality During Energy Crises,” Journal of Political Economy, 91, 168181, 1983.CrossRefGoogle Scholar
Damasio, A., Descartes’ Error: Emotion, Reason, and the Human Brain, New York: G. P. Putnam’s Sons, 1994.Google Scholar
Daniel, K., Hirshleifer, D., and Subrahmanyam, A., “Investor Psychology and Security Market Under- and Overreactions,” Journal of Finance, 53, 18391885, December 1998.CrossRefGoogle Scholar
Daniel, K., Hirshleifer, D., and Teoh, S. H., “Investor Psychology in Capital Markets: Evidence and Policy Implications,” Journal of Monetary Economics, 49, 139209, 2002.CrossRefGoogle Scholar
Daniel, K. and Moskowitz, T. J., “Momentum Crashes,” Journal of Financial Economics, 122, 221247, 2016.CrossRefGoogle Scholar
Das, S., Levine, C. B., and Sivaramakrishnan, K., “Earnings Predictability and Bias in Analysts’ Earnings Forecasts,” Accounting Review, 73, 2, 277294, April 1998.Google Scholar
Davis, E. P., Debt, Financial Fragility and Systemic Risk, Oxford: Clarendon Press, 1995.CrossRefGoogle Scholar
Davis, M. A. and Palumbo, M. G., “The Price of Residential Land in Large US Cities,” Journal of Urban Economics, 63, 352384, 2008.CrossRefGoogle Scholar
De Bondt, W. F. M., “A Behavioral Theory of the Price/Earnings Ratio Anomaly,” Working Paper, Cornell University, March 1983.Google Scholar
De Bondt, W. F. M., “Stock Price Reversals and Overreaction to News Events: A Survey of Theory and Evidence,” in Guimaraes, R. M. C., Kingsman, B. G., and Taylor, S. J., A Reappraisal of the Efficiency of Financial Markets, New York: Springer, 1989.Google Scholar
De Bondt, W. F. M., “What Do Economists Know About the Stock Market?Journal of Portfolio Management, 18, 8491, Winter 1991.Google Scholar
De Bondt, W. F. M., Earnings Forecasts and Share Price Reversals, monograph, Charlottesville, VA: AIMR, 1992.Google Scholar
De Bondt, W. F. M., “Betting on Trends: Intuitive Forecasts of Financial Risk and Return,” International Journal of Forecasting, 9, 3, 355371, 1993.CrossRefGoogle Scholar
De Bondt, W. F. M.A Portrait of the Individual Investor,” European Economic Review, 42, 831844, 1998.CrossRefGoogle Scholar
De Bondt, W. F. M., “The Psychology of Underreaction and Overreaction in World Equity Markets,” in Keim, D. B. and Ziemba, W. (eds.), Security Market Imperfections in Worldwide Equity Markets, 65–89, Cambridge: Cambridge University Press, 2000.Google Scholar
De Bondt, W. F. M.Bubble Psychology”, in Hunter, W. and Kaufman, G. (eds.), Asset Price Bubbles: Implications for Monetary, Regulatory, and International Policies, Chapter 13, 205–216, Cambridge, MA: MIT Press, 2002a.Google Scholar
De Bondt, W. F. M., “Discussion of ‘Competing Theories of Financial Anomalies’,” Review of Financial Studies, 15, 607613, 2002b.CrossRefGoogle Scholar
De Bondt, W. F. M., “Global Macro-economic Arbitrage: The Investment Value of High-Precision Forecasts,” Revue bancaire et financière, 423429, 2005a.Google Scholar
De Bondt, W. F. M. (ed.), The Psychology of World Equity Markets, Camberly, UK: Edward Elgar, 2005b.Google Scholar
De Bondt, W. F. M., “The Values and Beliefs of European Investors,” in Knorr Cetina, K. and Preda, A. (eds.), The Sociology of Financial Markets, 163–186, Oxford and New York: Oxford University Press, 2005c.Google Scholar
De Bondt, W. F. M. (ed.), Financial Accounting and Investment Management, Cheltenham, UK: Edward Elgar, 2009.CrossRefGoogle Scholar
De Bondt, W. F. M., “Asset Bubbles: Insights from Behavioral Finance,” in Evanoff, D. D., Kaufman, G., and Malliaris, A. G. (eds.), New Perspectives on Asset Price Bubbles, 318–321, New York: Oxford University Press, 2012.Google Scholar
De Bondt, W. F. M., “Crisis of Authority,” in Malliaris, A. G., Shaw, L., and Shefrin, H. (eds.), The Global Financial Crisis and Its Aftermath. Hidden Factors in the Meltdown, 302–339, Oxford: Oxford University Press, 2016.Google Scholar
De Bondt, W. F. M. and Bange, M. M., “Inflation Forecast Errors and Time Variation in Term Premia,” Journal of Financial and Quantitative Analysis, 27, 4, 479496, December 1992.CrossRefGoogle Scholar
De Bondt, W. F. M. and Forbes, W., “Herding in Analyst Earnings Forecasts: Evidence from the United Kingdom,” European Financial Management, 5, 143163, 1999.CrossRefGoogle Scholar
De Bondt, W. F. M. and Thaler, R. H., “Does the Stock Market Overreact?Journal of Finance, 40, 3, 793805, July 1985.CrossRefGoogle Scholar
De Bondt, W. F. M. and Thaler, R. H., “Further Evidence on Investor Overreaction and Stock Market Seasonality,” Journal of Finance, 42, 557581, July 1987.CrossRefGoogle Scholar
De Bondt, W. F. M. and Thaler, R. H., “A Mean-Reverting Walk Down Wall Street,” Journal of Economic Perspectives, 3, 1, 189202, Winter 1989.CrossRefGoogle Scholar
De Bondt, W. F. M. and Thaler, R. H., “Do Security Analysts Overreact?American Economic Review, 80, 2, 5257, May 1990.Google Scholar
De Bondt, W. F. M. and Thaler, R. H., “Financial Decision Making in Markets and Firms: A Behavioral Perspective,” in Jarrow, R. A. et al. (eds.), Handbook of Finance, 385–410, Amsterdam: Elsevier–North Holland, 1995.Google Scholar
DeCanio, S. J., “Rational Expectation and Learning from Experience,” Quarterly Journal of Economics, 92, 4757, 1979.CrossRefGoogle Scholar
Dechow, P. M. and Skinner, D. J., “Earnings Management: Reconciling the Views of Accounting Academics, Practitioners, and Regulators,” Accounting Horizons, 14, 2, 235250, 2000.CrossRefGoogle Scholar
Dechow, P. M. and Sloan, R. G., “Return to Contrarian Investment Strategies: Tests of Naïve Expectations Hypotheses,” Journal of Financial Economics, 43, 327, 1997.CrossRefGoogle Scholar
De Franco, G., Lu, H., and Vasvar, F. P., “Wealth Transfer Effects of Analysts’ Misleading Behavior,” Journal of Accounting Research, 45, 1, 71110, March 2007.CrossRefGoogle Scholar
Degeorge, F., Patel, J., and Zeckhauser, R., “Earnings Management to Exceed Thresholds,” Journal of Business, 72, 1, 133, January 1999.CrossRefGoogle Scholar
DellaVigna, S., “Psychology and Economics: Evidence from the Field,” Journal of Economic Literature, 47, 22, 315372, 2009.CrossRefGoogle Scholar
Desai, H. and Jain, P., “An Analysis of the Recommendations of the Superstar Money Managers at Barron’s Annual Roundtable,” Journal of Finance, 50, 4, 12571273, September 1995.Google Scholar
Desai, M. A., “The Degradation of Reported Corporate Profits,” Journal of Economic Perspectives, 19, 4, 171192, Fall 2005.CrossRefGoogle Scholar
Devenow, A. and Welch, I., “Rational Herding in Financial Economics,” European Economic Review, 40, 603615, 1996.CrossRefGoogle Scholar
Dichev, I., “Is the Risk of Bankruptcy a Systematic Risk?Journal of Finance, 53, 3, 11311147, June 1998.CrossRefGoogle Scholar
Diether, K., Malloy, C. J., and Scherbina, A., “Differences of Opinion and the Cross-section of Stock Returns,” Journal of Finance, 57, 5, 21132141, October 2002.CrossRefGoogle Scholar
Doukas, J. A., Kim, C., and Pantzalis, C., “A Test of the Errors-in-Expectations Explanation of the Value/Glamour Stock Returns Performance: Evidence from Analysts’ Forecasts,” Journal of Finance, 57, 5, 21432165, October 2002.CrossRefGoogle Scholar
Doukas, J. A., Kim, C., and Pantzalis, C., “Divergence of Opinion and Equity Returns,” Journal of Financial and Quantitative Analysis, 41, 3, 573–606, 2006.CrossRefGoogle Scholar
Dowen, R. J., “Analyst Reaction to Negative Earnings for Large Well-Known Firms,” Journal of Portfolio Management, 23, 1, 4955, Fall 1996.CrossRefGoogle Scholar
Dreman, D. N., Psychology and the Stock Market, New York: Amacom, 1977.Google Scholar
Dreman, D. N., The New Contrarian Investment Strategy, New York: Random House, 1982.Google Scholar
Dreman, D. N., Contrarian Investment Strategies: The Next Generation, New York: Simon & Schuster, 1998 .Google Scholar
Dreman, D. N. and Berry, M.A., “Analyst Forecast Errors and Their Implications for Security Analysis,” Financial Analysts Journal, 51, 3, 3041, May–June 1994.Google Scholar
Dreman, D. N. and Berry, M. A., “Overreaction, Underreaction, and the Low-P/E Effect,” Financial Analysts Journal, 51, 4, 2130, July–August 1995.CrossRefGoogle Scholar
Easley, D. and Jarrow, R., “The Meaning and Testing of Market Efficiency: A Synthesis,” Working Paper, Cornell University, October 1982.Google Scholar
Easley, D. and Jarrow, R., “Consensus Beliefs Equilibrium and Market Efficiency,” Journal of Finance, 38, 3, 903–911, June 1983.CrossRefGoogle Scholar
Easterwood, J. C. and Nutt, S. R., “Inefficiency in Analysts’ Earnings Forecasts: Systematic Misreaction or Systematic Optimism?Journal of Finance, 54, 5, 17771797, October 1999.CrossRefGoogle Scholar
Edelen, R. M., Ince, O. S., and Kadlec, G. B., “Institutional Investors and Stock Return Anomalies,” Journal of Financial Economics, 119, 472488, 2016.CrossRefGoogle Scholar
Edmans, A., Garcia, D., and Norli, O., “Sports Sentiment and Stock Returns,” Journal of Finance, 62, 4, 19671998, August 2007.CrossRefGoogle Scholar
Eggleton, I., “Patterns, Prototypes, and Predictions: An Exploratory Study,” Studies on Information Processing in Accounting, Supplement to Journal of Accounting Research, 14, 68–131, 1976.Google Scholar
Eggleton, I., “Intuitive Time-Series Extrapolation,” Journal of Accounting Research, 20, 1, 68–102, Spring 1982.CrossRefGoogle Scholar
Einhorn, H., “Learning from Experience and Suboptimal Rules in Decision Making,” in Wallsten, T. (ed.), Cognitive Processes in Choice and Decision Behavior, Hillsdale, NJ: Lawrence Erlbaum, 1980.Google Scholar
Einhorn, H. and Hogarth, R., “Confidence in Judgment: Persistence of the Illusion of Validity,” Psychological Review, 85, 395476, 1978.CrossRefGoogle Scholar
Eisner, R. and Strotz, R. H., “Flight Insurance and the Theory of Choice,” Journal of Political Economy, 69, 4, 355–368, August 1961.CrossRefGoogle Scholar
Elgers, P. T. and Lo, M. H., “Reductions in Analysts’ Annual Earnings Forecast Errors Using Information in Prior Earnings and Security Returns,” Journal of Accounting Research, 32, 2, 290303, Autumn 1994.CrossRefGoogle Scholar
Elgers, P. T., Lo, M. H., and Pfleifer, R. J., “Delayed Security Price Adjustments to Financial Analysts’ Forecasts of Annual Earnings,” Accounting Review, 76, 4, 613–632, 2001.CrossRefGoogle Scholar
Elliott, J. A. and Hanna, J. D., “Repeated Accounting Write-offs and the Information Content of Earnings,” Journal of Accounting Research, 34, 135155, Supplement 1996.CrossRefGoogle Scholar
Elliott, J. A., Philbrick, D. R., and Wiedman, C. I., “Evidence from Archival Data on the Relation Between Security Analysts’ Forecast Errors and Prior Forecast Revisions,” Contemporary Accounting Research, 11, 2, 919938, Spring 1995.CrossRefGoogle Scholar
Elster, J., Ulysses and the Sirens: Studies in Rationality and Irrationality, Cambridge and New York: Cambridge University Press, 1979.Google Scholar
Elton, E. J. and Gruber, M. J., “Earnings Estimates and the Accuracy of Expectations Data,” Management Science, 18, 409424, 1972.CrossRefGoogle Scholar
Elton, E. J., Gruber, M. J., and Gultekin, M. N., “Expectations and Share Prices,” Management Science, 27, 975987, 1981.CrossRefGoogle Scholar
Elton, E. J., Gruber, M. J., and Gultekin, M. N., “Professional Expectations: Accuracy and Diagnosis of Errors,” Journal of Financial & Quantitative Analysis, 19, 4, 351–363, December 1984.CrossRefGoogle Scholar
Esponda, I., “Behavioral Equilibrium in Economies with Adverse Selection,” American Economic Review, 98, 4, 12691291, September 2008.CrossRefGoogle Scholar
Fama, E. F., “The Behavior of Stock Market Prices,” Journal of Business, 38, 1, 34–105, January 1965a.CrossRefGoogle Scholar
Fama, E. F., “Random Walks in Stock Market Prices,” Financial Analysts Journal, 21, 5, 5559, September–October 1965b.CrossRefGoogle Scholar
Fama, E. F., “Efficient Capital Markets: A Review of Theory and Empirical Work,” Journal of Finance, 25, 2, 383–417, May 1970.CrossRefGoogle Scholar
Fama, E. F., Foundations of Finance, New York: Basic Books, 1976.Google Scholar
Fama, E. F., “Market Efficiency, Long-Term Returns, and Behavioral Finance,” Journal of Financial Economics, 49, 283306, 1998.CrossRefGoogle Scholar
Fama, E. F., “Two Pillars of Asset Pricing,” Lecture, Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, December 8, 2013.Google Scholar
Fama, E. F. and French, K. R, “The Cross-section of Expected Stock Returns,” Journal of Finance, 47, 2, 427465, June 1992.Google Scholar
Fama, E. F. and French, K. R., “Size and Book-to-Market Factors in Earnings and Returns,” Journal of Finance, 50, 1, 131155, March 1995.Google Scholar
Fama, E. F. and French, K. R., “Multifactor Explanations of Asset Pricing Anomalies,” Journal of Finance, 51, 1, 5584, March 1996.CrossRefGoogle Scholar
Fama, E. F. and French, K. R., “Value Versus Growth: The International Evidence,” Journal of Finance, 53, 6, 1975–1999, December 1998.CrossRefGoogle Scholar
Fama, E. F. and French, K. R., “Forecasting Profitability and Earnings,” Journal of Business, 73, 161175, 2000.CrossRefGoogle Scholar
Fama, E. F. and French, K. R., “The Capital Asset Pricing Model: Theory and Evidence,” 18, 3, 2546, Journal of Economic Perspectives, 2004.CrossRefGoogle Scholar
Fama, E. F. and French, K. R., “A Five-Factor Asset Pricing Model,” Journal of Financial Economics, 116, 122, 2015.CrossRefGoogle Scholar
Fama, E. F. and French, K. R., “Dissecting Anomalies with a Five-Factor Model,” Review of Financial Studies, 29, 1, 69103, 2016.CrossRefGoogle Scholar
Fielding, D. and Rewilak, J., “Credit Booms, Financial Fragility and Banking Crises,” Economics Letters, 136, 233236, 2015.CrossRefGoogle Scholar
Figlewski, S., “Market Efficiency in a Market with Heterogeneous Information,” Journal of Political Economy, 86, 4, 581–597, August 1978.CrossRefGoogle Scholar
Figlewski, S., “The Informational Effects of Restrictions on Short Sales: Some Empirical Evidence,” Journal of Financial and Quantitative Analysis, 16, 4, 463–476, November 1981.CrossRefGoogle Scholar
Figlewski, S., “Information Diversity and Market Behavior,” Journal of Finance, 37, 1, 87–102, March 1982.CrossRefGoogle Scholar
Fischhoff, B., “Hindsight Does Not Equal Foresight: The Effect of Outcome Knowledge on Judgment Under Uncertainty,” Journal of Experimental Psychology, Human Perception and Performance, 1, 288299, 1975.CrossRefGoogle Scholar
Fisher, I., “The Debt-Deflation Theory of Great Depressions,” Econometrica, 1, 4, 337357, October 1933.CrossRefGoogle Scholar
Fisher, K. L. and Statman, M., “Investor Sentiment and Stock Returns,” Financial Analysts Journal, 56, 2, 1623, March–April 2000.CrossRefGoogle Scholar
Foroohar, R., Makers and Takers. The Rise of Finance and the Fall of American Business, New York: Crown Business, 2016.Google Scholar
Fostel, A. and Geanakoplos, J., “Leverage Cycles and the Anxious Economy,” American Economic Review, 98, 4, 12111244, September 2008.CrossRefGoogle Scholar
Fox, M. B., Glosten, L. R., and Rauterberg, G. V., “The New Stock Market: Sense and Nonsense,” Duke Law Journal, 65, 2, 191277, November 2015.Google Scholar
Frankel, R. and Lee, C. M. C., “Accounting Valuation, Market Expectation, and Cross-sectional Stock Returns,” Journal of Accounting and Economics, 25, 283319, 1998.CrossRefGoogle Scholar
Freeman, R. N., Ohlson, J. A., and Penman, S. H., “Book Rate-of-Return and Prediction of Earnings Changes: An Empirical Investigation,” Journal of Accounting Research, 20, 2, 639–653, Autumn 1982.CrossRefGoogle Scholar
French, K. R., “Stock Returns and the Weekend Effect,” Journal of Financial Economics, 8, 1, 5569, March 1983.CrossRefGoogle Scholar
Fried, D. and Givoly, D., “Financial Analysts’ Forecasts of Earnings,” Journal of Accounting and Economics, 4, 85107, 1982.CrossRefGoogle Scholar
Friedman, B., “Optimal Expectation and the Extreme Informational Assumptions of Rational Expectations Macromodels,” Journal of Monetary Economics, 5, 2441, 1979.CrossRefGoogle Scholar
Friedman, B., “Survey Evidence on the ‘Rationality’ of Interest Rate Expectations,” Journal of Monetary Economics, 6, 453465, 1980.CrossRefGoogle Scholar
Froot, K. and Obstfeld, M., “Intrinsic Bubbles: The Case of Stock Prices,” American Economic Review, 81, 11891217, 1991.Google Scholar
Frydman, R., “Towards an Understanding of Market Processes: Individual Expectations, Learning, and Convergence to Rational Expectations Equilibrium,” American Economic Review, 72, 4, 652–668, September 1982.Google Scholar
Fuller, R. J., Huberts, L. C., and Levinson, M. J., “Returns to E/P Strategies, Higgledy-Piggledy Growth, Analysts’ Forecast Errors, and Omitted Risk Factors,” Journal of Portfolio Management, 20, 1324, Winter 1993.CrossRefGoogle Scholar
Gabaix, X., “The Granular Origins of Aggregate Fluctuations,” Econometrica, 79, 3, 733772, May 2011.Google Scholar
Gabaix, X., “Variable Rare Disasters: An Exactly Solved Framework for Ten Puzzles in Macro-finance,” Quarterly Journal of Economics, 127, 2, 645700, 2012.CrossRefGoogle Scholar
Gallant, D., “The Hazards of Negative Research Reports,” Institutional Investor, 73–80, July 1990.Google Scholar
Galston, W. A. and Kamarck, E. C., “Against Short-Termism,” Democracy Journal, 38, 1024, Fall 2015.Google Scholar
Garcia, D., “Sentiment During Recessions,” Journal of Finance, 58, 3, 12671300, June 2013.CrossRefGoogle Scholar
Gennaioli, N., Ma, Y., and Shleifer, A., “Expectations and Investment,” BIS Working Papers #562, May 2016.CrossRefGoogle Scholar
Gennaioli, N., Shleifer, A., and Vishny, R., “Neglected Risks, Financial Innovation, and Financial Fragility,” Journal of Financial Economics, 104, 452468, 2012.CrossRefGoogle Scholar
George, T. J. and Hwang, C.-Y., “The 52-Week High and Momentum Investing,” Journal of Finance, 54, 5, 2145–2176, October 2004.Google Scholar
Gibbons, M. R. and Hess, P., “Day of the Week Effects and Asset Returns,” Journal of Business, 54, 4, 579–596, October 1981.CrossRefGoogle Scholar
Gilovich, T., How We Know What Isn’t So: The Fallibility of Human Reason in Everyday Life, New York: Free Press, 1991.Google Scholar
Gilovich, T., Griffin, D., and Kahneman, D., Heuristics and Biases: The Psychology of Intuitive Judgment, New York: Cambridge University Press, 2002.CrossRefGoogle Scholar
Gilson, S. C., “Investing in Distressed Situations: A Market Survey,” Financial Analysts Journal, 51, 6, 827, November–December 1995.CrossRefGoogle Scholar
Givoly, D. and Hayn, C., “Rising Conservatism: Implications for Financial Analysis,” Financial Analysts Journal, 58, 1, 5674, January–February 2002.CrossRefGoogle Scholar
Givoly, D. and Lakonishok, J., “The Information Content of Financial Analysts’ Forecasts of Earnings,” Journal of Accounting and Economics, 1, 165185, 1979.CrossRefGoogle Scholar
Givoly, D. and Lakonishok, J., “Financial Analysts’ Forecasts of Earnings,” Journal of Banking and Finance, 4, 221233, 1980.CrossRefGoogle Scholar
Givoly, D. and Lakonishok, J., “The Quality of Analysts’ Forecasts of Earnings,” Financial Analysts Journal, 40, 5, 42–47, September–October 1984.CrossRefGoogle Scholar
Givoly, D. and Ovadia, A., “Year-End Tax-Induced Sales and Stock Market Seasonality,” Journal of Finance, 38, 1, 171185, March 1983.Google Scholar
Goetzmann, W. N., Kim, D., and Shiller, R. J., “Crash Beliefs from Investor Surveys,” NBER Working Paper #22143, April 2016.CrossRefGoogle Scholar
Gordon, M., Finance, Investment and Macroeconomics, Hants, UK: Edward Elgar, 1994.CrossRefGoogle Scholar
Gourinchas, P.-O. and Obstfeld, M., “Stories of the Twentieth Century for the Twenty-First,” American Economic Journal: Macroeconomics, 4, 1, 226265, 2012.Google Scholar
Graeber, D., Debt: The First 5,000 Years, Brooklyn: Melville House, 2011.Google Scholar
Graham, B., The Intelligent Investor: A Book of Practical Counsel, New York: Harper, 1949.Google Scholar
Graham, B. and Dodd, D. L., Security Analysis, 1st ed., New York: McGraw-Hill, 1934.Google Scholar
Graham, J. R., Harvey, C. R., and Rajgopal, S., “The Economic Implications of Corporate Financial Reporting,” Journal of Accounting and Economics, 40, 373, 2005.CrossRefGoogle Scholar
Greene, M. T. and Fielitz, B. D., “Long-Term Dependence in Common Stock Returns,” Journal of Financial Economics, 4, 339349, 1977.CrossRefGoogle Scholar
Greenspan, A., “Risk Transfer and Financial Stability,” Speech, Federal Reserve Bank of Chicago, 41st Annual Conference on Bank Structure, May 5, 2005.Google Scholar
Greenspan, A., The Age of Turbulence: Adventures in a New World, New York: Penguin Press, 2007.Google Scholar
Greenspan, A., “The Crisis,” Brookings Papers on Economic Activity, 201261, Spring 2010.CrossRefGoogle Scholar
Greenspan, A., The Map and the Territory. Risk, Human Nature, and the Future of Forecasting, New York: Penguin Press, 2013.Google Scholar
Greenspan, A., “How to Avoid Another Global Financial Crisis,” The American, March 6, 2014.Google Scholar
Greenwood, R. and Shleifer, A., “Expectations of Returns and Expected Returns,” Review of Financial Studies, 27, 3, 714746, 2014.CrossRefGoogle Scholar
Grether, D. M., “Bayes Rule as a Descriptive Model: The Representativeness Heuristic,” Quarterly Journal of Economics, 95, 3, 537557, November 1980.CrossRefGoogle Scholar
Grether, D. M. and Plott, C., “Economic Theory of Choice and the Preference Reversal Phenomenon,” American Economic Review, 69, 4, 623–638, September 1979.Google Scholar
Griffin, J. M. and Lemmon, M. L., “Book-to-Market Equity, Distress Risk, and Stock Returns,” Journal of Finance, 57, 5, 23172336, October 2002.CrossRefGoogle Scholar
Griffin, J. M., Ji, X., and Martin, J. S., “Momentum Investing and Business Cycle Risk: Evidence from Pole to Pole,” Journal of Finance, 58, 6, 2515–2547, December 2003.CrossRefGoogle Scholar
Griffin, J. M., Harris, J. H., Shu, T., and Topaloglu, S., “Who Drove and Burst the Tech Bubble?Journal of Finance, 64, 4, 12511290, August 2011.CrossRefGoogle Scholar
Grossman, S. J., The Informational Role of Prices, Cambridge, MA: MIT Press, 1989.Google Scholar
Grossman, S. J. and Shiller, R. J., “The Determinants of the Variability of Stock Market Prices,” American Economic Review, 71, 2, 222–227, May 1981.Google Scholar
Grossman, S. J. and Stiglitz, J., “On the Impossibility of Informationally Efficient Markets,” American Economic Review, 70, 3, 393–408, June 1980.Google Scholar
Guttentag, J. M. and Herring, R. J., “Credit Rationing and Financial Disorder,” Journal of Finance, 39, 13591382, 1984.CrossRefGoogle Scholar
Hague, W., “Central Bankers Have Collectively Lost the Plot: They Must Raise Interest Rates or Face Their Doom,” Daily Telegraph, October 18, 2016.Google Scholar
Haldane, A. G., “Small Lessons from a Big Crisis,” Speech, Federal Reserve Bank of Chicago Conference on “Reforming Financial Regulation,” May 8, 2009.Google Scholar
Haldane, A. G., “The Dog and the Frisbee,” Speech, Federal Reserve Bank of Kansas City Policy Symposium, Jackson Hole, Wyoming, August 31, 2012.Google Scholar
Haldane, A. G., “Central Bank Psychology,” Speech, Royal Society of Medicine Conference on “Leadership: Stress and Hubris,” London, November 17, 2014.Google Scholar
Haldane, A. G. and May, R. M., “Systemic Risk in Banking Ecosystems,” Nature, 469, 351355, January 20, 2011.CrossRefGoogle ScholarPubMed
Harrison, J. M. and Kreps, D. M., “Speculative Investor Behavior in a Stock Market with Heterogeneous Expectations,” Quarterly Journal of Economics, 92, 2, 323–336, May 1978.CrossRefGoogle Scholar
Hastie, R. and Dawes, R., Rational Choice in an Uncertain World: The Psychology of Judgment and Decision-Making, Thousand Oaks, CA: Sage, 2001.Google Scholar
Haugen, R. and Baker, N., “Commonality in the Determinants of Expected Stock Returns,” Journal of Financial Economics, 41, 401–39, 1996.CrossRefGoogle Scholar
Hayek, F. A. von, “The Use of Knowledge in Society,” American Economic Review, 35, 4, 519530, September 1945.Google Scholar
Hayek, F. A. von, Individualism and Economic Order, Chicago: University of Chicago Press, Chicago, 1948.Google Scholar
Hellwig, M. F., “On the Aggregation of Information in Competitive Markets,” Journal of Economic Theory, 22, 477498, 1980.CrossRefGoogle Scholar
Hellwig, M. F., “Rational Expectations Equilibrium with Conditioning on Past Prices: A Mean-Variance Example,” Journal of Economic Theory, 26, 279312, 1982.CrossRefGoogle Scholar
Hickman, W. B., Corporate Bond Quality and Investor Experience, Princeton: Princeton University Press, 1958.Google Scholar
Hirshleifer, D., A. Subrahmanyam and S. Titman, “Security Analysis and Trading Patterns When Some Investors Receive Information Before Others,” Journal of Finance, 49, 5, 16651698, December 1994.CrossRefGoogle Scholar
Hirshleifer, D., “Investor Psychology and Asset Pricing,” Journal of Finance, 56, 15331597, August 2001.Google Scholar
Ho, K., Liquidated. An Ethnography of Wall Street, Durham: Duke University Press, 2009.Google Scholar
Hogarth, R. M., “Cognitive Processes and the Assessment of Subjective Probability Distributions,” Journal of the American Statistical Association, 70, 350, 271289, June 1975.CrossRefGoogle Scholar
Hogarth, R. M., Judgment and Choice, The Psychology of Decision, New York: Wiley, 1980.Google Scholar
Hogarth, R. M. and Makridakis, S., “Forecasting and Planning: An Evaluation,” Management Science, 27, 2, 115–138, February 1981.CrossRefGoogle Scholar
Hong, H. and Kubik, J. D., “Analyzing the Analysts: Career Concerns and Biased Earnings Forecasts,” Journal of Finance, 58, 1, 313351, February 2003.CrossRefGoogle Scholar
Hong, H., Lim, T., and Stein, J. C., “Bad News Travels Slowly: Size, Analyst Coverage, and the Profitability of Momentum Strategies,” Journal of Finance, 55, 1, 265295, February 2000.CrossRefGoogle Scholar
Hong, H. and Stein, J. C., “A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets,” Journal of Finance, 54, 21432184, 1999.CrossRefGoogle Scholar
Huang, A., “The Cross-section of Cash Flow Volatility and Expected Stock Returns,” Journal of Empirical Finance, 16, 409429, 2009.CrossRefGoogle Scholar
Huberman, G., “Familiarity Breeds Investment,” Review of Financial Studies, 14, 3, 659680, Fall 2001.CrossRefGoogle Scholar
Huberman, G. and Regev, T., “Contagious Speculation and a Cure for Cancer: A Non-event that Made Stock Prices Soar,” Journal of Finance, 56, 1, 387396, February 2001.CrossRefGoogle Scholar
Huberts, L. C., and Fuller, R. J., “Predictability Bias in the U.S. Equity Market,” Financial Analysts Journal, 51, 2, 1228, March–April 1995.CrossRefGoogle Scholar
Imhoff, E. A. and Pare, P. V., “Analysis and Comparison of Earnings Forecast Agents,” Journal of Accounting Research, 20, 2, part 1, 429–439, Autumn 1982.CrossRefGoogle Scholar
Jaffe, J., Keim, D. B., and Westerfield, R., “Earnings Yields, Market Values, and Stock Returns,” Journal of Finance 44, 1, 135148, 1989.CrossRefGoogle Scholar
Jagannathan, R., Schaumburg, E., and Zhou, G., “Cross-sectional Asset Pricing Tests,” Annual Review of Financial Economics, 2, 49–74, December 2010.CrossRefGoogle Scholar
Janis, I. L., Victims of Groupthink, Boston: Houghton Mifflin, 1972.Google Scholar
Jarrow, R., “Heterogeneous Expectations, Restrictions on Short Sales, and Equilibrium Asset Prices,” Journal of Finance, 35, 5, 1105–1113, December 1980.CrossRefGoogle Scholar
Jegadeesh, N. and Titman, S., “Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency,” Journal of Finance 48, 6591, 1993.CrossRefGoogle Scholar
Jegadeesh, N. and Titman, S., “Profitability of Momentum Strategies: An Evaluation of Alternative Explanations,” Journal of Finance, 56, 2, 699720, April 2001.CrossRefGoogle Scholar
Jensen, M. C. and Benington, G. A., “Random Walks and Technical Theories: Some Additional Evidence,” Journal of Finance, 25, 2, 461–482, May 1970.CrossRefGoogle Scholar
Jensen, M. C., “Some Anomalous Evidence Regarding Market Efficiency,” Journal of Financial Economics, 6, 95101, 1978.CrossRefGoogle Scholar
Jensen, M. C., “The Agency Costs of Overvalued Equity and the Current State of Corporate Finance,” European Financial Management, 10, 4, 549565, 2004.CrossRefGoogle Scholar
Jones, C. J., Tweedie, D., and Whittington, G., “The Regression Portfolio: A Statistical Investigation of a Relative Decline Model,” Journal of Business Finance & Accounting, 3, 7192, 1976.CrossRefGoogle Scholar
Jones, C. P. and Litzenberger, R. H., “Quarterly Earnings Reports and Intermediate Stock Price Trends,” Journal of Finance, 25, 1, 143148, March 1970.CrossRefGoogle Scholar
Jorda, O., Schularick, M., and Taylor, A. M., “When Credit Bites Back,” Journal of Money, Credit and Banking, 45, 2, 328, December 2013.CrossRefGoogle Scholar
Jorda, O., Schularick, M., and Taylor, A. M., “Betting the House,” Working Paper, Federal Reserve Bank of San Francisco, June 2014.CrossRefGoogle Scholar
Jorda, O., Schularick, M., and Taylor, A. M., “Leveraged Bubbles,” Journal of Monetary Economics, 76, 120, 2015.CrossRefGoogle Scholar
Jorda, O., Schularick, M., and Taylor, A. M., “The Great Mortgaging: Housing Finance, Crises, and Business Cycles,” Economic Policy, 31, 85, 107152, 2016.CrossRefGoogle Scholar
Kahler, M. (ed.), Capital Flows and Financial Crises, Manchester: Manchester University Press, 1998.CrossRefGoogle Scholar
Kahneman, D., Thinking, Fast and Slow, New York: Farrar, Straus and Giroux, 2011.Google Scholar
Kahneman, D. and Riepe, M., “Aspects of Investor Psychology,” Journal of Portfolio Management, 24, 4, 5265, Summer 1998.CrossRefGoogle Scholar
Kahneman, D., Slovic, P., and Tversky, A., Judgment Under Uncertainty: Heuristics and Biases, New York: Cambridge University Press, 1982.CrossRefGoogle Scholar
Kahneman, D. and Tversky, A., “Prospect Theory: An Analysis of Decision Under Risk,” Econometrica, 47, 263291, March 1979.CrossRefGoogle Scholar
Kahneman, D. and Tversky, A.. “The Psychology of Preferences,” Scientific American, 246, 1, 160–173, January 1982.CrossRefGoogle Scholar
Kahneman, D. and Tversky, A., “Choices, Values, and Frames,” American Psychologist, 39, 4, 341350, 1984.CrossRefGoogle Scholar
Kaminsky, G.L., Reinhart, C.M. and Vegh, C.A., “The unholy trinity of financial contagion,” Journal of Economic Perspectives, 17, 4, 5174, Fall 2003.CrossRefGoogle Scholar
Kasznik, R. and McNichols, M.F., “Does Meeting Earnings Expectations Matter? Evidence from Analyst Forecast Revisions and Share Prices,” Journal of Accounting Research, 40, 3, 727759, June 2002.CrossRefGoogle Scholar
Kaufman, H., “Debt: The Threat to Economic and Financial Stability,” Federal Reserve Bank of Kansas City Economic Review, 311, December 1986.Google Scholar
Kay, J., Other People’s Money. Masters of the Universe or Servants of the People?, Profile Books, 2015.Google Scholar
Ke, B., Huddart, S. and Petroni, K., “What Insiders Know about Future Earnings and How They Use It: Evidence from Insider Trades,” Journal of Accounting and Economics, 35, 315346, 2003.CrossRefGoogle Scholar
Keane, M. P., and Runkle, D. E., “Are Financial Analysts’ Forecasts of Corporate Profits Rational?Journal of Political Economy, 106, 4, 768–805, August 1998.CrossRefGoogle Scholar
Keim, D. B and Ziemba, W. (eds.), Security Market Imperfections in Worldwide Equity Markets, Cambridge: Cambridge University Press, 2000.Google Scholar
Keoun, B. and Kuntz, P., “Wall Street Aristocracy got $1.2 trillion in Secret Loans,” Bloomberg News, August 22, 2011.Google Scholar
Keynes, J. M., The General Theory of Employment, Interest and Money, New York: Harcourt Brace Jovanovich, 1936.Google Scholar
Keynes, J. M., “The General Theory of Employment,” Quarterly Journal of Economics, 51, 209223, 1937.CrossRefGoogle Scholar
Kindleberger, C., Manias, Panics, and Crashes: A History of Financial Crisis, New York: Basic Books, 1978.CrossRefGoogle Scholar
Kindleberger, C., “Manias and How to Prevent Them,” Challenge, 40, 6, 2131, November–December 1997.CrossRefGoogle Scholar
King, R. and Plosser, C., “Money, Credit and Prices in a Real Business Cycle,” American Economic Review, 74, 363380, June 1984.Google Scholar
Kinney, W., Burgstahler, D., and Martin, R., “Earnings Surprise Materiality as Measured by Stock Returns,” Journal of Accounting Research, 40, 5, 12971329, December 2002.CrossRefGoogle Scholar
Kiyotaki, N., “Credit and Business Cycles,” Japanese Economic Review, 49, 1, 1835, March 1998.CrossRefGoogle Scholar
Kiyotaki, N. and Moore, J., “Credit Cycles,” Journal of Political Economy, 105, 2, 211248, 1997.CrossRefGoogle Scholar
Klein, A., “A Direct Test of the Cognitive Bias Theory of Share Price Reversals,” Journal of Accounting and Economics, 13, 2, 155166, 1990.CrossRefGoogle Scholar
Klein, M., “The Stock Market Crash of 1929: A Review Article,” Business History Review, 75, 2, 325351, Summer 2001.CrossRefGoogle Scholar
Konczal, M. and Abernathy, N., Defining Financialization, New York: Roosevelt Institute, July 27, 2015.Google Scholar
Kothari, S. P. and Shanken, J., “Book-to-Market, Dividend Yield, and Expected Market Returns: A Time-Series Analysis,” Journal of Financial Economics, 44, 169203, 1997.CrossRefGoogle Scholar
Krippner, G. R., Capitalizing on Crisis. The Political Origins of the Rise of Finance, Cambridge, MA: Harvard University Press, 2011.Google Scholar
Krueger, A. B., “The Rise and Consequence of Inequality in the United States,” Speech, Center for American Progress, January 112, 2012.Google Scholar
Krugman, P., “The Mellon Doctrine,” New York Times, March 31, 2011.Google Scholar
Kunreuther, H., Ginsberg, R., Miller, L. et al., Disaster Insurance Protection: Public Policy Lessons, New York: Wiley, 1978.Google Scholar
Kynge, J. and Wheatley, J., “Emerging Markets: The Great Unravelling,” Financial Times, April 1, 2015.Google Scholar
Lakonishok, J., “Stock Market Return Expectations: Some General Properties,” Journal of Finance, 35, 4, 921–931, September 1980.CrossRefGoogle Scholar
Lakonishok, J., Shleifer, A. and Vishny, R. W., “Contrarian Investment, Extrapolation, and Risk,” Journal of Finance, 49, 15411578, December 1994.CrossRefGoogle Scholar
Lamfalussy, A., Financial Crises in Emerging Markets. An Essay on Financial Globalisation and Fragility, New Haven: Yale University Press, 2000.Google Scholar
Lamont, O.A. and Thaler, R.H., “The Law of One Price,” Journal of Economic Perspectives, 17, 4, 191–202, Autumn 2003.CrossRefGoogle Scholar
Langer, E., “The Illusion of Control,” Journal of Personality and Social Psychology, 32, 311328, 1975.CrossRefGoogle Scholar
Lansing, K. J., “Lock-in of Extrapolative Expectations in an Asset Pricing Model,” Federal Reserve Bank of San Francisco Working Paper, October 2005.CrossRefGoogle Scholar
LaPorta, R., “Expectations and the Cross-section of Stock Returns,” Journal of Finance, 51, 5, 17151742, December 1996.CrossRefGoogle Scholar
LaPorta, R., Lakonishok, J., Shleifer, A., and Vishny, R., “Good News for Value Stocks: Further Evidence on Market Efficiency,” Journal of Finance, 52, 2, 859874, June 1997.Google Scholar
Latane, H. A. and Jones, C. P., “Standardized Unexpected Earnings – a Progress Report,” Journal of Finance, 32, 5, 14571465, December 1977.Google Scholar
Laughhunn, D. J., Payne, J. W., and Crum, R., “Managerial Risk Preferences for Below-Target Returns,” Management Science, 26, 12, 1231–1249, December 1980.CrossRefGoogle Scholar
LeBon, G., The Crowd. A Study of the Popular Mind, New York: Penguin, 1977 (originally published in 1895).Google Scholar
LeDoux, J., The Emotional Brain, New York: Simon & Schuster, 1996.Google Scholar
Lee, C. M. C., Myers, J., and Swaminathan, B., “What Is the Intrinsic Value of the Dow?Journal of Finance, 54, 5, 16931741, October 1999.CrossRefGoogle Scholar
Lee, C. M. C. and Swaminathan, B., “Price Momentum and Trading Volume,” Journal of Finance, 55, 5, 2017–69, October 2000.CrossRefGoogle Scholar
Lemmon, M. and Portniaguina, E., “Consumer Sentiment and Stock Prices,” Review of Financial Studies, 19, 4, 14991529, 2006.CrossRefGoogle Scholar
LeRoy, S. F., “Expectations Models of Asset Prices: A Survey of Theory,” Journal of Finance, 37, 1, 185–217, March 1982.CrossRefGoogle Scholar
LeRoy, S. F. and Porter, R., “The Present Value Relation: Tests Based on Implied Variance Bounds,” Econometrica, 49, 3, 555–574, May 1981.CrossRefGoogle Scholar
Levis, M. and Liodakis, M., “Contrarian Strategies and Investor Expectations: The U.K. Evidence,” Financial Analysts Journal, 57, 5, 4356, September–October 2001.CrossRefGoogle Scholar
Levitt, A., “The Numbers Game,” Remarks by the Chair of the Securities and Exchange Commission, New York University Center for Law and Business, September 28, 1998.Google Scholar
Levy, H., “Equilibrium in an Imperfect Market: A Constraint on the Number of Securities in the Portfolio,” American Economic Review, 68, 4, 643–658, September 1978.Google Scholar
Levy, R., “Random Walks: Reality or Myth,” Financial Analysts Journal, 23, 6, 69–77, November–December 1967.CrossRefGoogle Scholar
Levy, R. and Kripotos, S., “Earnings Growth, P/E’s and Relative Price Strength,” Financial Analysts Journal, 25, 6, 6067, November–December 1969.CrossRefGoogle Scholar
Lewellen, J. and Shanken, J., “Learning, Asset Pricing Tests, and Market Efficiency,” Journal of Finance, 57, 3, 1113–1145, 2002.CrossRefGoogle Scholar
Lewis, M., The Big Short: Inside the Doomsday Machine, New York: W. W. Norton, 2010.Google Scholar
Lewis, M., Flash Boys: A Wall Street Revolt, New York: W. W. Norton, 2014.Google Scholar
Li, J. and Yu, J., “Investor Attention, Psychological Anchors, and Stock Return Predictability,” Journal of Financial Economics, 104, 401419, 2012.CrossRefGoogle Scholar
Libby, R. and Fishburn, P. C., “Behavioral Models of Risk Taking in Business Decisions: A Survey and Evaluation,” Journal of Accounting Research, 15, 2, 272–292, Autumn 1977.CrossRefGoogle Scholar
Little, I. M. D., “Higgledy Piggledy Growth,” Bulletin of the Oxford University Institute of Economics and Statistics, 24, 4, 387412, November 1962.CrossRefGoogle Scholar
Liu, J., Nissim, D., and Thomas, J., “Equity Valuation Using Multiples,” Journal of Accounting Research, 40, 1, 135172, March 2002.CrossRefGoogle Scholar
Lloyd-Davies, P. and Canes, M., “Stock Prices and the Publication of Second-Hand Information,” Journal of Business, 51, 1, 4356, 1978.CrossRefGoogle Scholar
Loewenstein, G. F., Weber, E. U., Hsee, C. K., and Welch, N., ‘“Risk as Feelings,” Psychological Bulletin, 127, 2, 267–86, 2001.CrossRefGoogle ScholarPubMed
Loewenstein, G. and O’Donoghue, T., “Animal Spirits: Affective and Deliberative Processes in Economic Behavior,” Working Paper, Department of Social and Decision Sciences, Carnegie-Mellon University, May 2005.CrossRefGoogle Scholar
Loh, R. K. and Mian, G. M.,”Do Accurate Earnings Forecasts Facilitate Superior Investment Recommendations?Journal of Financial Economics, 80, 455483, 2006.CrossRefGoogle Scholar
Long, J. B., Jr., “Discussion,” Journal of Finance, 36, 2, 304–307, May 1981.Google Scholar
Loomes, G. and Sugden, R., “Regret Theory: An Alternative Theory of Rational Choice Under Uncertainty,” Economic Journal, 92, 368, 805824, December 1982.CrossRefGoogle Scholar
Lorie, J. and Hamilton, M.. The Stock Market: Theories and Evidence, Homewood, IL: Irwin, 1973.Google Scholar
Loughran, T. and McDonald, B., “When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10-Ks,” Journal of Finance, 66, 1, 3564, February 2011.CrossRefGoogle Scholar
Loughran, T. and McDonald, B., “Textual Analysis in Accounting and Finance: A Survey,” Journal of Accounting Research, 54, 4, 11871230, September 2016.CrossRefGoogle Scholar
Lovell, M. C., “Tests of the Rational Expectations Hypothesis,” American Economic Review, 76, 110124, 1986.Google Scholar
Lowenstein, R., “Triple-A Failure,” New York Times, April 27, 2008.Google Scholar
Lowry, M., “Why Does IPO Volume Fluctuate So Much?Journal of Financial Economics, 67, 340, 2003.CrossRefGoogle Scholar
Lucas, R. E., “An Equilibrium Model of the Business Cycle,” Journal of Political Economy, 83, 6, 1113–1144, December 1975.CrossRefGoogle Scholar
Macauley, F. R., Some Theoretical Problems Suggested By The Movement of Interest Rates, Bond Yields and Stock Prices In The United States Since 1856, Cambridge, MA: NBER, 1938.Google Scholar
MacCrimmon, K. R. and Wehrung, D. A., Taking Risks: The Management of Uncertainty, New York: Free Press, 1986.Google Scholar
Maines, L. A. and Hand, J. R. M., “Individuals’ Perceptions and Misperceptions of Time Series Properties of Quarterly Earnings,” Accounting Review, 71, 3, 317–336, July 1996.Google Scholar
Malevergne, Y., Santa-Clara, P., and Sornette, D., “Professor Zipf Goes to Wall Street,” NBER Working Paper #15295, August 2009.CrossRefGoogle Scholar
Malkiel, B. G. and Cragg, J. G., “Expectations and the Structure of Share Prices,” American Economic Review, 60, 4, 601617, September 1970.Google Scholar
Mandelbrot, B. and Hudson, R. L., The (Mis)behavior of Markets, New York: Basic Books, 2004.Google Scholar
Mao, H. S. Counts, and Bollen, J., “Predicting Financial Markets: Comparing Survey, News, Twitter and Search Engine Data,” arxiv.org/abs/1112.1051, December 2011.Google Scholar
Mao, H., Counts, S., and Bollen, J., “Quantifying the Effects of Online Bullishness on International Financial Markets,” Working Paper, European Central Bank, July 2015.Google Scholar
March, J. G. and Shapira, Z., “Managerial Perspectives on Risk and Risk Taking,” Management Science, 33, 11, 14041418, November 1987.CrossRefGoogle Scholar
Markov, S. and Tamayo, A., “Predictability in Financial Analyst Forecast Errors: Learning or Irrationality,” Journal of Accounting Research, 44, 4, 725–761, September 2006.CrossRefGoogle Scholar
Matsumoto, D. A., “Management’s Incentives to Avoid Negative Earnings Surprises,” Accounting Review, 77, 3, 483514, July 2002.CrossRefGoogle Scholar
Maurer, B., “The Anthropology of Money,” Annual Review of Anthropology, 35, 1536, 2006.CrossRefGoogle Scholar
Mayshar, J., “On Divergence of Opinion and Imperfections in Capital Markets,” American Economic Review, 73, 1, 114–128, March 1983.Google Scholar
McCallum, B. T., “On Non-uniqueness in Rational Expectations Models,” Journal of Monetary Economics, 11, 139168, 1983.CrossRefGoogle Scholar
McDonald, C., “An Empirical Evaluation of the Reliability of Published Predictions of Future Earnings,” Accounting Review, 48, 3, 502–510, July 1973.Google Scholar
McEnally, R. W., “An Investigation of the Extrapolative Determinants of Short-Run Earnings Expectations,” Journal of Financial and Quantitative Analysis, 6, 2, 687706, March 1971.CrossRefGoogle Scholar
McWilliams, J.D., “Prices, Earnings, and PE Ratios,” Financial Analysts Journal, 22, 3, 137–142, May–June 1966.CrossRefGoogle Scholar
Mehra, R. and Prescott, E., “The Equity Premium: A Puzzle,” Journal of Monetary Economics, 15, 145161, 1985.CrossRefGoogle Scholar
Mendoza, E. and Terrones, M., “An Anatomy of Credit Booms: Evidence from Macro Aggregates and Micro Data,” NBER Working Paper #14049, May 2008.CrossRefGoogle Scholar
Merton, R. C., “An Intertemporal Capital Asset Pricing Model,” Econometrica, 41, 5, 867–887, September 1973.CrossRefGoogle Scholar
Mian, A. and Sufi, A., “The Great Recession: Lessons from Microeconomic Data,” American Economic Review, 100, 2, 110, 2010.CrossRefGoogle Scholar
Mian, A. and Sufi, A., House of Debt, Chicago: University of Chicago Press, 2014.CrossRefGoogle Scholar
Miao, J., Wang, P., and Zhou, J., “Asset Bubbles, Collateral, and Policy Analysis,” Journal of Monetary Economics, 76, S57S70, 2015.CrossRefGoogle Scholar
Michaely, R., Thaler, R. H., and Womack, K. L., “Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?Journal of Finance, 50, 2, 573–608, June 1995.CrossRefGoogle Scholar
Miller, E., “Risk, Uncertainty and Divergence of Opinion,” Journal of Finance, 32, 4, 11511168, September 1977.CrossRefGoogle Scholar
Miller, M. H. and Modigliani, F., “Dividend Policy, Growth and the Valuation of Shares,” Journal of Business, 34, 411433, October 1961.CrossRefGoogle Scholar
Minsky, H. P., “The Financial Instability Hypothesis: An Interpretation of Keynes and an Alternative to ‘Standard’ Theory,” Nebraska Journal of Economics and Business, 16, 1, 5–16, Winter 1977.Google Scholar
Minsky, H. P., “Can ‘It’ Happen Again? A Reprise,” Challenge, 25, 3, 513, July–August 1982.CrossRefGoogle Scholar
Minsky, H. P., Stabilizing an Unstable Economy, New Haven: Yale University Press, 1986.Google Scholar
Mikhail, M. B., Walther, B. R., and Willis, R. H., “Do Security Analysts Improve Their Performance with Experience?,” Journal of Accounting Research, 35, 131157, 1997.CrossRefGoogle Scholar
Mises, L. von, Theorie des Geldes und der Umlaufsmittel, 1912 (The Theory of Money and Credit, New Haven: Yale University Press, 1953).Google Scholar
Mishkin, F. S., “Are Market Forecasts Rational?American Economic Review, 71, 3, 295–306, June 1981.Google Scholar
Mishkin, F. S., “Will Monetary Policy Become More of a Science?” Deutsche Bundebank Conference “Monetary Policy over Fifty Years,” Frankfurt am Main, Germany, September 21, 2007.CrossRefGoogle Scholar
Molodovsky, N., “A Theory of Price-Earnings Ratios,” Analysts Journal, 9, 5, 6580, November 1953.Google Scholar
Moskow, M. H., “Disruptions in Global Financial Markets: The Role of Public Policy,” Speech, Global Finance Conference, DePaul University, Chicago, April 21, 2000.Google Scholar
Moskowitz, T. J. and Grinblatt, M., “Do Industries Explain Momentum?Journal of Finance, 54, 4, 11249–1290, August 1999.CrossRefGoogle Scholar
Mukunda, G., “The Price of Wall Street’s Power,” Harvard Business Review, 70–78, June 2014.Google Scholar
Murphy, J. E., Jr., and Stevenson, H. W., “Price/Earnings Ratios and Future Growth of Earnings and Dividends,” Financial Analysts Journal, 23, 6, 111–114, November–December 1967.CrossRefGoogle Scholar
Muth, J. F., “Rational Expectations and the Theory of Price Movements,” Econometrica, 29, 3, 315–335, July 1961.CrossRefGoogle Scholar
Mutz, D. C., Impersonal Influence: How Perceptions of Mass Collectives Affect Political Attitudes, Cambridge: Cambridge University Press, 1998.CrossRefGoogle Scholar
Myers, J. N., Myers, L. A., and Skinner, D. J., “Earnings Momentum and Earnings Management,” Journal of Accounting, Auditing and Finance, 22, 1, 249284, 2007.CrossRefGoogle Scholar
Nagel, S., “Empirical Cross-sectional Asset Pricing,” Annual Review of Financial Economics, 5, 167–199, November 2013.CrossRefGoogle Scholar
Neal, R. and Wheatley, S. M., “Do Measures of Investor Sentiment Predict Returns?Journal of Financial and Quantitative Analysis, 33, 4, 523547, December 1998.CrossRefGoogle Scholar
Neill, H. B., The Art of Contrary Thinking, Caldwell, ID: Caxton Printers, 1954.Google Scholar
Nicholson, F., “Price Ratios in Relation to Investment Results,” Financial Analysts Journal, 24, 1, 105109, January–February 1968.CrossRefGoogle Scholar
Niederhoffer, V. and Regan, P., “Earnings Changes, Analysts’ Forecasts, and Stock Prices,” Financial Analysts Journal, 28, 3, 65–71, May–June 1972.CrossRefGoogle Scholar
Nisbett, R. and Ross, L., Human Inference: Strategies and Shortcomings of Social Judgment, Englewood Cliffs, NJ: Prentice Hall, 1980.Google Scholar
Nofsinger, J. R. and Sias, R. W., “Herding and Feedback Trading by Institutional and Individual Investors,” Journal of Finance, 54, 6, 22632295, December 1999.CrossRefGoogle Scholar
Novy-Marx, R., “The Other Side of Value: The Gross Profitability Premium,” Journal of Financial Economics, 108, 123, 2013.CrossRefGoogle Scholar
Nozick, R., The Nature of Rationality, Princeton: Princeton University Press, 1993.CrossRefGoogle Scholar
Nutt, S. R., Easterwood, J. C., and Easterwood, C. M., “New Evidence on Serial Correlation in Analyst Forecast Errors,” Financial Management, 28, 4, 106–117, Winter 1999.CrossRefGoogle Scholar
Ofek, E. and Richardson, M., “The Valuation and Market Rationality of Internet Stock Prices,” Oxford Review of Economic Policy, 18, 3, 265287, Autumn 2002.CrossRefGoogle Scholar
Ofek, E. and Richardson, M., “DotCom Mania: The Rise and Fall of Internet Stock Prices,” Journal of Finance, 58, 3, 111311137, June 2003.CrossRefGoogle Scholar
O’Hara, M., “Bubbles: Some Perspectives (and Loose Talk) from History,” Review of Financial Studies, 21, 1, 1117, January 2008.CrossRefGoogle Scholar
Omarova, S. T., “The Merchants of Wall Street: Banking, Commerce, and Commodities,” Minnesota Law Review, 98, 265355, 2013.Google Scholar
Oppenheimer, H. R. and Schlarbaum, G. G., “Investing with Ben Graham: An Ex Ante Test of the Efficient Markets Hypothesis,” Journal of Financial and Quantitative Analysis, 16, 3, 341–360, September 1981.CrossRefGoogle Scholar
Partnoy, F., Infectious Greed: How Deceit and Risk Corrupted the Financial Markets, New York: Henry Holt, 2003.Google Scholar
Payne, J. W., “Task Complexity and Contingent Processing in Decision Making: An Information Search and Protocol Analysis,” Organizational Behavior and HumanPerformance, 16, 366387, 1976.CrossRefGoogle Scholar
Peavy, J. W. and Goodman, D. A., “The Significance of P/Es for Portfolio Return,” Journal of Portfolio Management, 9, 43–47, Winter 1983.CrossRefGoogle Scholar
Pech, W. and Milan, M., “Behavioral Economics and the Economics of Keynes,” Journal of Socio-Economics, 38, 891902, 2009.CrossRefGoogle Scholar
Penman, S. H., “The Quality of Financial Statements: Perspectives from the Recent Stock Market Bubble,” Accouning Horizons, 17, Supplement, 7796, 2003.CrossRefGoogle Scholar
Penman, S. H., Richardson, S. A., and Tuna, I., “The Book-to-Price Effect in Stock Returns: Accounting for Leverage,” Journal of Accounting Research, 45, 2, 427467, May 2007.CrossRefGoogle Scholar
Peng, L. and Xiong, W., “Investor Attention, Overconfidence and Category Learning,” Journal of Financial Economics, 80, 563602, 2006.CrossRefGoogle Scholar
Perkins, A. B. and Perkins, M. C., The Internet Bubble, New York: HarperBusiness, 1999.Google Scholar
Persons, C. E., “Credit Expansion, 1920 to 1929, and Its Lessons,” Quarterly Journal of Economics, 45, 1, 94130, November 1930.CrossRefGoogle Scholar
Peterson, D. and Peterson, P., “The Effect of Changing Expectations upon Stock Returns,” Journal of Financial and Quantitative Analysis, 17, 5, 799–813, December 1982.CrossRefGoogle Scholar
Pettis, M., The Volatility Machine. Emerging Economies and the Threat of Financial Collapse, Oxford and New York: Oxford University Press, 2001.CrossRefGoogle Scholar
Philippon, T., “Has the US Finance Industry Become Less Efficient? On the Theory and Measurement of Financial Intermediation,” American Economic Review, 105, 4, 14081438, 2015.CrossRefGoogle Scholar
Piketty, T., Capital in the Twenty-First Century, Cambridge, MA: Belknap Press, 2014.CrossRefGoogle ScholarPubMed
Piketty, T., Saez, E., and Zucman, G., “Distributional National Accounts: Methods and Estimates for the United States,” NBER Working Paper #22945, December 2016.CrossRefGoogle Scholar
Piotroski, J. D., “Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers,” Journal of Accounting Research, 38, 141, 2000.CrossRefGoogle Scholar
Piotroski, J. D. and So, E. C., “Identifying Expectation Errors in Value/Glamour Strategies: A Fundamental Analysis Approach,” Review of Financial Studies, 25, 9, 28412875, September 2012.CrossRefGoogle Scholar
Plous, S., The Psychology of Judgment and Decision-Making, New York: McGraw-Hill, 1993.Google Scholar
Power, M., Organized Uncertainty. Designing a World of Risk Management, Oxford and New York: Oxford University Press, 2007.CrossRefGoogle Scholar
Prechter, R. R., The Socionomic Theory of Finance, Gainesville, GA: Socionomics Institute Press, 2016.Google Scholar
Rabin, M., “Psychology and Economics,” Journal of Economic Literature, 36, 1146, 1998.Google Scholar
Rajan, R. G., “Has Financial Development Made the World Riskier?” NBER Working Paper #11728, November 2005.CrossRefGoogle Scholar
Reinganum, M. R., “Misspecification of Capital Asset Pricing: Empirical Anomalies Based on Earnings’ Yields and Market Values,” Journal of Financial Economics, 9, 1946, 1981.CrossRefGoogle Scholar
Reinganum, M. R., “The Significance of Market Capitalization in Portfolio Management over Time,” Journal of Portfolio Management, 26, 3950, Summer 1999.CrossRefGoogle Scholar
Reinhart, C. M. and Rogoff, K. S., This Time Is Different: Eight Centuries of Financial Folly, Princeton: Princeton University Press, 2009.Google Scholar
Rendleman, R. J., Jones, C. P., and Latane, H. A., “Empirical Anomalies Based on Unexpected Earnings and the Importance of Risk Adjustments,” Journal of Financial Economics, 10, 269287, 1982.CrossRefGoogle Scholar
Richards, A. J., “Winner-Loser Reversals in National Stock Market Indices: Can They Be Explained?Journal of Finance, 52, 5, 21292144, December 1997.Google Scholar
Richardson, S. A., Sloan, R. G., Soliman, M. T., and Tuna, I., “Accrual Reliability, Earnings Persistence, and Stock Prices,” Journal of Accounting and Economics, 39, 437485, 2005.CrossRefGoogle Scholar
Rietz, T. A., “The Equity Premium Puzzle: A Solution,” Journal of Monetary Economics, 22, 117131, 1988.CrossRefGoogle Scholar
Roll, R., “A Critique of the Asset Pricing Theory’s Tests,” Journal of Financial Economics, 4, 129176, 1977.CrossRefGoogle Scholar
Roll, R., “Vas ist das? The Turn-of-the-Year Effect and the Return Premia of Small Firms,” Journal of Portfolio Management, 9, 18–28, Winter 1983.Google Scholar
Rose, A. M., “Rumor in the Stock Market,” Public Opinion Quarterly, 15, 3, 461486, Autumn 1951.CrossRefGoogle Scholar
Rosenberg, B., Reid, K., and Lanstein, R., “Persuasive Evidence of Market Inefficiency,” Journal of Portfolio Management, 11, 917, 1985.CrossRefGoogle Scholar
Rosenberg, H., The Vulture Investors, New York: HarperBusiness, 1992.Google Scholar
Ross, S. A., “The Arbitrage Theory of Capital Asset Pricing,” Journal of Economic Theory, 13, 341360, 1976.CrossRefGoogle Scholar
Rouwenhorst, K. G., “International Momentum Strategies,” Journal of Finance, 53, 1, 267–84, February 1998.CrossRefGoogle Scholar
Roychowdhury, S., “Earnings Management Through Real Activities Manipulation,” Journal of Accounting and Economics, 42, 335370, 2006.CrossRefGoogle Scholar
Royster, V.An Innocent Abroad,” Wall Street Journal, April 20, 1983.Google Scholar
Rozeff, M. S. and Kinney, W. R., “Capital Market Seasonality: The Case of Stock Returns,” Journal of Financial Economics, 3, 379–402, October 1976.CrossRefGoogle Scholar
Rozeff, M. S. and Zaman, M. A., “Overreaction and Insider Trading: Evidence from Growth and Value Portfolios,” Journal of Finance, 53, 2, 701716, April 1998.CrossRefGoogle Scholar
Rubinstein, M., “Securities Market Efficiency in an Arrow-Debreu Economy,” American Economic Review, 65, 812824, 1975.Google Scholar
Rubinstein, M., “Rational Markets: Yes or No? The Affirmative Case,” Financial Analysts Journal, 57, 3, 1529, 2001.CrossRefGoogle Scholar
Schiereck, D., De Bondt, W., and Weber, M., “Contrarian and Momentum Strategies in Germany,” Financial Analysts Journal, 55, 6, 104116, November–December 1999.CrossRefGoogle Scholar
Schmalensee, R., “An Experimental Study of Expectation Formation,” Econometrica, 44, 1, 17–41, January 1976.CrossRefGoogle Scholar
Schmeling, M., “Institutional and Individual Sentiment: Smart Money and Noise Trader Risk,” International Journal of Forecasting, 23, 127145, 2007.CrossRefGoogle Scholar
Schmeling, M., “Investor Sentiment and Stock Returns: Some International Evidence,” Journal of Empirical Finance, 16, 394408, 2009.CrossRefGoogle Scholar
Schoemaker, P. J. H., “The Expected Utility Model: Its Variants, Purposes, Evidence and Limitations,” Journal of Economic Literature, 20, 2, 529–563, June 1982.Google Scholar
Schoemaker, P. J. H., “Determinants of Risk-Taking: Behavioral and Economic Views,” Journal of Risk and Uncertainty, 6, 4973, 1993.CrossRefGoogle Scholar
Schularick, M. and Taylor, A. M., “Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870–2008,” American Economic Review, 102, 2, 10291061, 2012.CrossRefGoogle Scholar
Schultz, P. and Zaman, M., “Do the Individuals Closest to Internet Firms Believe That They Are Overvalued?” Journal of Financial Economics, 59, 3, 347381, March 2001.CrossRefGoogle Scholar
Schwartz, H., Rationality Gone Awry? Decision-Making Inconsistent with Economic and Financial Theory, Westport, CT: Praeger, 1998.Google Scholar
Scott, J., Stumpp, M., and Xu, P., “News, Not Trading Volume, Build Momentum,” Financial Analysts Journal, 59, 2, 4554, March–April 2003.CrossRefGoogle Scholar
Searle, J. R., Rationality in Action, Cambridge, MA: MIT Press, 2001.Google Scholar
Shanken, J., “The Arbitrage Pricing Theory: Is It Testable?Journal of Finance, 37, 5, 1129–1140, December 1982.CrossRefGoogle Scholar
Shefrin, H., Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing, New York: Oxford University Press, 1999.Google Scholar
Shefrin, H. (ed.), Behavioral Finance, London: Edward Elgar, 2001 (in 3 volumes).Google Scholar
Shefrin, H., A Behavioral Approach to Asset Pricing, Amsterdam: Elsevier Academic Press, 2005.Google Scholar
Shen, P., “The P/E Ratio and Stock Market Performance,” Federal Reserve Bank of Kansas City Economic Review, 85, 4, 2336, 2000.Google Scholar
Shen, P., “Market Timing Strategies That Worked,” Journal of Portfolio Management, 29, 2, 5768, Winter 2003.CrossRefGoogle Scholar
Shen, P., “How Long Is a Long-Term Investment?Federal Reserve Bank of Kansas City Economic Review, 532, 1st quarter 2005.Google Scholar
Shiller, R. J., “The Volatility of Long-Term Interest Rates and Expectation Models of the Term Structure,” Journal of Political Economy, 87, 6, 1190–1219, December 1979.CrossRefGoogle Scholar
Shiller, R. J., “Do Stock Prices Move Too Much to Be Justified by Subsequent Changes in Dividends?American Economic Review, 71, 3, 421–436, June 1981.Google Scholar
Shiller, R. J., “Stock Prices and Social Dynamics,” Brookings Papers on Economic Activity, 2, 457–510, 1984.CrossRefGoogle Scholar
Shiller, R. J., “Theories of Aggregate Stock Price Movements,” Journal of Portfolio Management, 10, 2, 2837, Winter 1984.CrossRefGoogle Scholar
Shiller, R. J., Market Volatility, Cambridge, MA: MIT Press, 1989.Google Scholar
Shiller, R. J., “Speculative Prices and Popular Models,” Journal of Economic Perspectives, 4, 2, 5585, Spring 1990.CrossRefGoogle Scholar
Shiller, R. J., Irrational Exuberance, Princeton: Princeton University Press, 2000.Google Scholar
Shiller, R. J., “Bubbles, Human Judgment, and Expert Opinion,” Financial Analysts Journal, 58, 3, 1826, May–June 2002.CrossRefGoogle Scholar
Shiller, R. J., “Speculative Asset Prices,” Lecture, Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, December 8, 2013.Google Scholar
Shleifer, A., Inefficient Markets, New York: Oxford University Press, 2000.CrossRefGoogle Scholar
Shleifer, A., and Summers, L. H., “The Noise Trader Approach to Finance,” Journal of Economic Perspectives, 4, 2, 1933, Spring 1990.CrossRefGoogle Scholar
Shleifer, A. and Vishny, R. W., “The Limits of Arbitrage,” Journal of Finance, 52, 3555, March 1997.CrossRefGoogle Scholar
Siegel, J. J., Stocks for the Long Run, New York: McGraw-Hill, 2014 (5th edition).Google Scholar
Siegel, J. J. and Thaler, R. H., “Anomalies: The Equity Premium Puzzle,” Journal of Economic Perspectives, 11, 1, 191200, Winter 1997.CrossRefGoogle Scholar
Simon, H. A., Administrative Behavior: A Study of Decision-Making Processes in Administrative Organization. New York: Free Press, 1945.Google Scholar
Simon, H. A., Models of Man: Social and Rational, New York: Wiley, 1957.Google Scholar
Simon, H. A., Reason in Human Affairs, Stanford: Stanford University Press, 1983.Google Scholar
Sinn, H.-W., Casino Capitalism. Oxford: Oxford University Press, 2010.Google Scholar
Sinn, H.-W., “Europe’s Emerging Bubbles,” Project Syndicate, March 28, 2016.Google Scholar
Skinner, D. J. and Sloan, R. G., “Earnings Surprises, Growth Expectations, and Stock Returns, or Don’t Let an Earnings Torpedo Sink Your Portfolio,” Review of Accounting Studies, 7, 289312, 2002.CrossRefGoogle Scholar
Sloan, R. G, “Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings?Accounting Review, 71, 3, 289315, July 1996.Google Scholar
Slovic, P., “Information Processing, Situation Specificity, and the Generality of Risk-Taking Behavior,” Journal of Personality and Social Psychology, 22, 128134, 1972a.CrossRefGoogle Scholar
Slovic, P., “Psychological Study of Human Judgment: Implications for Investment Decision-Making,” Journal of Finance, 27, 4, 779799, September 1972b.CrossRefGoogle Scholar
Slovic, P., “The Affect Heuristic,” in Gilovich, T., D. Griffin and D. Kahneman (eds.), Heuristics and Biases: The Psychology of Intuitive Judgment, 397–420, Cambridge: Cambridge University Press, 2002.Google Scholar
Smelser, N. J., Theory of Collective Behavior, New York: Free Press of Glencoe, 1963.CrossRefGoogle Scholar
Smith, N., “Peak Finance Looks Like It’s Over,” BloombergView, September 27, 2016.Google Scholar
Smith, V. L., Suchanek, G., and Williams, A., “Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets,” Econometrica, 56, 5, 11191151, September 1988.CrossRefGoogle Scholar
Smith, V. L., Rationality in Economics: Constructivist and Ecological Forms, New York: Cambridge University Press, 2008.Google Scholar
Stambaugh, R., Yu, J., and Yuan, Y., “The Short of It: Investor Sentiment and Anomalies,” Journal of Financial Economics, 104, 288302, 2012.CrossRefGoogle Scholar
Statman, M., Fisher, K., and Alginer, D.,”Affect in a Behavioral Asset-Pricing Model,” Financial Analysts Journal, 64, 2, 2029, March–April 2008.CrossRefGoogle Scholar
Stein, J. C., “Overheating in Credit Markets: Origins, Measurement, and Policy Responses,” Speech, Federal Reserve Bank of St. Louis Research Symposium on “Restoring Household Financial Stability After the Great Recession,” February 7, 2013.Google Scholar
Stickel, S. E., “Common Stock Returns Surrounding Earnings Forecast Revisions: More Puzzling Evidence,” Accounting Review, 66, 2, 402416, April 1991.Google Scholar
Stickel, S. E., “Reputation and Performance Among Security Analysts,” Journal of Finance, 47, 5, 1811–1836, December 1992.CrossRefGoogle Scholar
Stock, J. and Watson, M., “Has the Business Cycle Changed and Why?NBER Macroeconomics Annual, 17, 159–224. Cambridge, MA: MIT Press, April 2002.Google Scholar
Stockman, D. A., “The End of Sound Money and the Triumph of Crony Capitalism,” Henry Hazlitt Memorial Lecture, Mises Institute, March 12, 2011.Google Scholar
Stockman, D. A., The Great Deformation. The Corruption of Capitalism in America, New York: PublicAffairs, 2013.Google Scholar
Stout, L. A., “The Investor Confidence Game,” 9th Annual Abraham L. Pomerantz Lecture, Brooklyn Law School, 2002.CrossRefGoogle Scholar
Szyszka, A., Behavioral Finance and Capital Markets: How Psychology Influences Investors and Corporations, New York: Palgrave Macmillan, 2013.CrossRefGoogle Scholar
Taleb, N. N., The Black Swan: The Impact of the Highly Improbable, New York: Random House, 2007.Google Scholar
Taussig, F. W., “Is Market Price Determinate?Quarterly Journal of Economics, 35, 3, 394–411, May 1921.CrossRefGoogle Scholar
Taylor, A. M., “The Great Leveraging,” in Acharya, V. V. et al. (eds.), The Social Value of the Financial Sector: Too Big to Fail or Just Too Big? Singapore: World Scientific Studies in International Economics, 29, 33–36, 2014.Google Scholar
Taylor, J. B., “The Cycle of Rules and Discretion in Economic Policy,” Speech, Joint Luncheon of the American Economic Association and the American Finance Association (January 7, 2011), National Affairs, 7, 5565, Spring 2011.Google Scholar
Taylor, J. B., First Principles. Five Keys to Restoring America’s Prosperity. New York: W. W. Norton, 2012.Google Scholar
Teh, L. and De Bondt, W. F. M., “Herding Behavior and Stock Returns: An Exploratory Investigation,” Swiss Journal of Economics and Statistics, 133, 293324, 1997.Google Scholar
Temin, P. and Voth, H.-J., “Riding the South Sea Bubble,” American Economic Review, 94, 5, 16541668, December 2004.CrossRefGoogle Scholar
Tetlock, P. C., “Giving Content to Investor Sentiment: The Role of Media in the Stock Market,” Journal of Finance, 63, 3, 11391168, June 2007.CrossRefGoogle Scholar
Tetlock, P. C., “All the News That’s Fit to Reprint: Do Investors React to Stale Information?Review of Financial Studies, 24, 14811512, 2011.CrossRefGoogle Scholar
Tetlock, P. C., Saar-Tsechansky, M., and Macskassy, S., “More Than Words: Quantifying Language to Measure Firms’ Fundamentals,” Journal of Finance, 63, 3, 14371467, June 2008.CrossRefGoogle Scholar
Tetlock, P. E. and Mellers, B. A., “The Great Rationality Debate,” Psychological Science, 13, 1, 9499, January 2002.CrossRefGoogle Scholar
Timmerman, A., “How Learning in Financial Markets Generates Excess Volatility and Predictability in Stock Prices,” Quarterly Journal of Economics,108, 11351145, 1993.CrossRefGoogle Scholar
Tirole, J., “On the Possibility of Speculation Under Rational Expectations,” Econometrica, 50, 5, 1163–1181, September 1982.CrossRefGoogle Scholar
Townsend, R.M., “Market Anticipations, Rational Expectations, and Bayesian Analysis,” International Economic Review, 19, 2, 481–494, June 1978.CrossRefGoogle Scholar
Turner, A., “The Uses and Abuses of Economic Ideology,” Project Syndicate, July 15, 2010.Google Scholar
Turner, A., “Debt and Demand,” Project Syndicate, January 10, 2014a.Google Scholar
Turner, A., “In Praise of Fragmentation,” Project Syndicate, February 18, 2014b.Google Scholar
Turner, A., Between Debt and the Devil. Money, Credit, and Fixing Global Finance, Princeton: Princeton University Press, 2016.CrossRefGoogle Scholar
Tversky, A., “Intransitivity of Preferences,” Psychological Review, 76, 3148, 1969.CrossRefGoogle Scholar
Tversky, A. and Kahneman, D., “Judgment Under Uncertainty: Heuristics and Biases,” Science, 185, 11241131, 1974.CrossRefGoogle ScholarPubMed
Tversky, A. and Kahneman, D., “Rational Choice and the Framing of Decisions,” Journal of Business, 59, 6794, October 1986.Google Scholar
Umstead, D. A., “Forecasting Stock Market Prices,” Journal of Finance, 32, 2, 427–441, May 1977.CrossRefGoogle Scholar
U.S. House of Representatives, “The Financial Crisis and the Role of Federal Regulators,” Hearing before the Committee on Oversight and Government Reform, 110th Congress, Second session, October 23, 2008.Google Scholar
Verrecchia, R. E., “On the Theory of Market Efficiency,” Journal of Accounting and Economics, 1, 7790, 1979.CrossRefGoogle Scholar
Verrecchia, R. E., “Consensus Beliefs, Information Acquisition, and Market Information Efficiency,” American Economic Review, 70, 5, 874–884, December 1980.Google Scholar
Verrecchia, R. E, “Information Acquisition in a Noisy Rational Expectations Economy,” Econometrica, 50, 6, 1415–1430, November 1982.CrossRefGoogle Scholar
Vlek, C. and Stallen, P. J., “Rational and Personal Aspects of Risk,” Acta Psychologica, 45, 273300, 1980.CrossRefGoogle Scholar
Walther, B. R., “Investor Sophistication and Market Earnings Expectations,” Journal of Accounting Research, 35, 157192, Autumn 1997.CrossRefGoogle Scholar
Wang, P. and Wen, Y., “Speculative Bubbles and Financial Crises,” American Economic Journal: Macroeconomics, 4, 3, 184221, 2012.Google Scholar
Wang, Y.-H., Keswani, A., and Taylor, S. J., “The Relationships Between Sentiment, Returns and Volatility,” International Journal of Forecasting, 22, 109123, 2006.CrossRefGoogle Scholar
Warneryd, K.-E., Stock-Market Psychology: How People Value and Trade Stocks, Cheltenham, UK: Edward Elgar, 2001.Google Scholar
Watts, R., “Systematic Abnormal Returns After Quarterly Earnings Announcements,” Journal of Financial Economics, 6, 127150, 1978.CrossRefGoogle Scholar
Watts, R. and Leftwich, R., “The Time Series of Annual Accounting Earnings,” Journal of Accounting Research, 15, 2, 253–271, Autumn 1977.CrossRefGoogle Scholar
Weber, E. U. and Milliman, R. A., “Perceived Risk Attitudes: Relating Risk Perception to Risky Choice,” Management Science, 43, 2, 123144, February 1997.CrossRefGoogle Scholar
Wermers, R., “Mutual Fund Herding and the Impact on Stock Prices,” Journal of Finance, 54, 581622, 1999.CrossRefGoogle Scholar
Whittington, G., The Prediction of Profitability and Other Studies of Company Behaviour, Cambridge: Cambridge University Press,1971.Google Scholar
Wicksell, K., Geldzins und Güterpreise, Jena: Gustav Fischer, 1898.Google Scholar
Williams, J. B., The Theory of Investment Value, Amsterdam: North-Holland, 1956 (reprint of the 1938 edition).Google Scholar
Wolf, M., The Shifts and the Shocks: What We’ve Learned and Have Still to Learn from the Financial Crisis, New York: Penguin Press, 2014.Google Scholar
Wolff, E., “Household Wealth Trends in the United States, 1962–2013: What Happened over the Great Recession?” NBER Working Paper #20733, December 2014.CrossRefGoogle Scholar
Working, H., “The Investigation of Economic Expectations,”American Economic Review, 39, 3, 150–166, May 1949.Google Scholar
Working, H., “A Theory of Anticipatory Prices,” American Economic Review, 49, 2, 188–199, May 1958.Google Scholar
Wouters, T., Style Investing: Behavioral Explanations of Stock Market Anomalies, Rijksuniversiteit Groningen, Ridderkerk, Netherlands: Ridderprint, 2006.Google Scholar
Wray, L. R., “The Rise and Fall of Money Manager Capitalism: A Minskian Approach,” Cambridge Journal of Economics, 33, 807828, 2009.CrossRefGoogle Scholar
Wright, B., “In the Topsy-Turvy World of Negative Interest Rates Even Gold Investment Start to Make Sense,” Daily Telegraph, February 4, 2015.Google Scholar
Yu, J., “Disagreement and Return Predictability of Stock Portfolios,” Journal of Financial Economics, 99, 162183, 2011.CrossRefGoogle Scholar
Yuan, Y., “Market-wide Attention, Trading, and Stock Returns,” Journal of Financial Economics, 116, 548564, 2015.CrossRefGoogle Scholar
Zacks, L., “EPS Forecasts – Accuracy Is Not Enough,” Financial Analysts Journal, 35, 2, 53–55, March–April 1979.CrossRefGoogle Scholar
Zarowin, P., “Does the Stock Market Overreact to Corporate Earnings Information?Journal of Finance, 44, 5, 13851399, December 1989.Google Scholar
Zarnowitz, V., “The Accuracy of Individual and Group Forecasts from Business Outlook Surveys,” Journal of Forecasting, 3, 1126, 1984.CrossRefGoogle Scholar
Zingales, L., “The Cultural Revolution in Finance,” Journal of Financial Economics, 117, 15, 2015.CrossRefGoogle Scholar
Zuckerman, E. W., “The Categorical Imperative: Securities Analysts and the Illegitimacy Discount,” American Journal of Sociology, 104, 5, 13981438, March 1999.CrossRefGoogle Scholar
Zuckerman, E. W., “Structural Incoherence and Stock Market Activity,” American Sociological Review, 69, 3, 405432, June 2004.CrossRefGoogle Scholar

5.9 References

Ainslie, G. (1975). Specious Reward: A Behavioral Theory of Impulsiveness and Impulse Control. Psychological Bulletin, 82(4), 463496.CrossRefGoogle ScholarPubMed
Ainslie, G. (2001). Breakdown of Will. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
Andersen, S., Harrison, G. W., Lau, M. I. and Rutström, E. E. (2008). Eliciting Risk and Time Preferences. Econometrica, 76(3), 583618.CrossRefGoogle Scholar
Andersen, S., Harrison, G. W., Lau, M. I. and Rutström, E. E. (2014). Discounting Behavior: A Reconsideration. European Economic Review, 71, 1533.CrossRefGoogle Scholar
Attema, A. E., Bleichrodt, H., Rohde, K. I. and Wakker, P. P. (2010). Time-Tradeoff Sequences for Analyzing Discounting and Time Inconsistency. Management Science, 56(11), 20152030.CrossRefGoogle Scholar
Attema, A. E., Bleichrodt, H., Gao, Y., Huang, Z, and Wakker, P. P. (2016). Measuring Discounting Without Measuring Utility. American Economic Review, 106(6), 14761494.CrossRefGoogle Scholar
Berns, G. S., Laibson, D. and Loewenstein, G. (2007). Intertemporal Choice: Toward an Integrative Framework. Trends in Cognitive Sciences, 11(11), 482488.CrossRefGoogle ScholarPubMed
Bickel, W. K. and Marsch, L. A. (2001). Toward a Behavioral Economic Understanding of Drug Dependence: Delay Discounting Processes. Addiction, 96(1), 7386.CrossRefGoogle Scholar
Bleichrodt, H., Gao, Y. and Rohde, K. I. (2016). A Measurement of Decreasing Impatience for Health and Money. Journal of Risk and Uncertainty, 52(3), 213231.CrossRefGoogle Scholar
Bleichrodt, H. and Johannesson, M. (2001). Time Preference for Health: A Test of Stationarity Versus Decreasing Timing Aversion. Journal of Mathematical Psychology, 45(2), 265282.CrossRefGoogle Scholar
Casari, M. and Dragone, D. (2011). On Negative Time Preferences. Economics Letters, 111(1), 3739.CrossRefGoogle Scholar
Cairns, J. (1992). Discounting and Health Benefits: Another Perspective. Health Economics, 1(1), 7679.CrossRefGoogle ScholarPubMed
Cairns, J. A. (1994). Valuing Future Benefits. Health Economics, 3(4), 221229.CrossRefGoogle ScholarPubMed
Chabris, C. F., Laibson, D., Morris, C. L., Schuldt, J. P. and Taubinsky, D. (2008). Individual Laboratory-Measured Discount Rates Predict Field Behavior. Journal of Risk and Uncertainty, 37(2–3), 237269.CrossRefGoogle ScholarPubMed
Chapman, G. B. (1996). Temporal Discounting and Utility for Health and Money. Journal of Experimental Psychology: Learning, Memory, and Cognition, 22(3), 771791.Google ScholarPubMed
Chapman, G. B. and Elstein, A. S. (1995). Valuing the Future Temporal Discounting of Health and Money. Medical Decision Making, 15(4), 373386.CrossRefGoogle ScholarPubMed
Chung, S. and Herrnstein, R. J. (1961). Relative and Absolute Strengths of Response as a Function of Frequency of Reinforcement. Journal of the Experimental Analysis of Animal Behavior, 4(3), 267272.Google Scholar
Cropper, M. L., Aydede, S. K. and Portney, P. R. (1994). Preferences for Life Saving Programs: How the Public Discounts Time and Age. Journal of Risk and Uncertainty, 8(3), 243265.CrossRefGoogle Scholar
Cubitt, R. P., McDonald, R. and Read, D. (in press). Time Matters Less When Outcomes Differ: Uni-modal Versus Cross-modal Comparisons in Intertemporal Choice. Management Science.Google Scholar
Cubitt, R. P. and Read, D. (2007). Can Intertemporal Choice Experiments Elicit Time Preferences for Consumption? Experimental Economics, 10(4), 369389.CrossRefGoogle Scholar
Doyle, J. R. (2013). Survey of Time Preference, Delay Discounting Models. Judgment and Decision Making, 8(2), 116135.CrossRefGoogle Scholar
Ebert, J. E. and Prelec, D. (2007). The Fragility of Time: Time-Insensitivity and Valuation of the Near and Far Future. Management Science, 53(9), 14231438.CrossRefGoogle Scholar
Edgeworth, F. Y. (1879). The Hedonical Calculus. Mind, 4, 394408.CrossRefGoogle Scholar
Elster, J. (1979). Ulysses and the Sirens: Studies in Rationaltiy and Irrationality. Cambridge: Cambridge University Press.Google Scholar
Estle, S. J., Green, L., Myerson, J. and Holt, D. D. (2007). Discounting of Monetary and Directly Consumable Rewards. Psychological Science, 18(1), 5863.CrossRefGoogle ScholarPubMed
Faralla, V., Benuzzi, F., Lui, F., Baraldi, P., Dimitri, N. and Nichelli, P. (2015). Neural Correlates in Intertemporal Choice of Gains and Losses. Journal of Neuroscience, Psychology, and Economics, 8(1), 2747CrossRefGoogle Scholar
Figner, B., Knoch, D., Johnson, E. J., Krosch, A. R., Lisanby, S. H., Fehr, E. and Weber, E. U. (2010). Lateral Prefrontal Cortex and Self-control in Intertemporal Choice. Nature Neuroscience, 13(5), 538–539.CrossRefGoogle Scholar
Fisher, I. (1930). The Theory of Interest. New York: Macmillan.Google Scholar
Frederick, S. and Loewenstein, G. (2008). Conflicting Motives in Evaluations of Sequences. Journal of Risk and Uncertainty, 37(2–3), 221235.CrossRefGoogle Scholar
Frederick, S., Loewenstein, G. and O’Donoghue, T. (2002). Time Discounting and Time Preference: A Critical Review. Journal of Economic Literature, 40(2), 351401.CrossRefGoogle Scholar
Gigliotti, G. and Sopher, B. (1997). Violations of Present-Value Maximization in Income Choice. Theory and Decision, 43, 4569.CrossRefGoogle Scholar
Glimcher, P. W., Kable, J. and Louie, K. (2007). Neuroeconomic Studies of Impulsivity: Now or Just as Soon as Possible? American Economic Review, 97(2), 142147.CrossRefGoogle Scholar
Green, L., Myerson, J. and Macaux, E. W. (2005). Temporal Discounting When the Choice Is Between Two Delayed Rewards. Journal of Experimental Psychology: Learning, Memory, and Cognition, 31(5), 11211133.Google ScholarPubMed
Halevy, Y. (2015). Time Consistency: Stationarity and Time Invariance. Econometrica, 83(1), 335352.CrossRefGoogle Scholar
Hardisty, D. J., Appelt, K. C. andWeber, E. U. (2013). Good or Bad, We Want It Now: Fixed-Cost Present Bias for Gains and Losses Explains Magnitude Asymmetries in Intertemporal Choice. Journal of Behavioral Decision Making, 26(4), 348361.CrossRefGoogle Scholar
Hardisty, D. J. and Weber, E. U. (2009). Discounting Future Green: Money Versus the Environment. Journal of Experimental Psychology: General, 138(3), 329340.CrossRefGoogle ScholarPubMed
Hariri, A. R., Brown, S. M., Williamson, D. E., Flory, J. D., de Wit, H. and Manuck, S. B. (2006). Preference for Immediate over Delayed Rewards Is Associated with Magnitude of Ventral Striatal Activity. Journal of Neuroscience, 26(51), 1321313217.CrossRefGoogle ScholarPubMed
Harris, C. R. (2012). Feelings of Dread and Intertemporal Choice. Journal of Behavioral Decision Making, 25(1), 1328.CrossRefGoogle Scholar
Holcomb, J. H. and Nelson, P. S. (1992). Another Experimental Look at Individual Time Preference. Rationality and Society, 4(2), 199220.CrossRefGoogle Scholar
Homer, (Translated 1932). The Odyssey, T. E. Lawrence (translator). London: Macmillan Collectors Library (this edition published 2004).Google Scholar
Kable, J. W. (2013). Valuation, Intertemporal Choice, and Self-Control. In Glimcher, P. W and Ernst, F. (Eds.), Neuroeconomics: Decision Making and the Brain (pp. 173192): London: Academic Press.Google Scholar
Kable, J. W. and Glimcher, P. W. (2007). The Neural Correlates of Subjective Value During Intertemporal Choice. Nature Neuroscience, 10(12), 16251633.CrossRefGoogle ScholarPubMed
Kable, J. W. and Glimcher, P. W. (2010). An ‘as Soon as Possible’ Effect in Human Intertemporal Decision Making: Behavioral Evidence and Neural Mechanisms. Journal of Neurophysiology, 103(5), 25132531.CrossRefGoogle Scholar
Kahneman, D., Wakker, P. P. and Sarin, R. (1997). Back to Bentham? Explorations of Experienced Utility. Quarterly Journal of Economics, 112(2), 375405.CrossRefGoogle Scholar
Kayser, A. S., Allen, D. C., Navarro-Cebrian, A., Mitchell, J. M. and Fields, H. L. (2012). Dopamine, Corticostriatal Connectivity, and Intertemporal Choice. Journal of Neuroscience, 32(27), 94029409.CrossRefGoogle ScholarPubMed
Keynes, J. M (1936). The General Theory of Employment, Interest and Money. London: Macmillan (reprinted 2007).Google Scholar
Kinari, Y., Ohtake, F. and Tsutsui, Y. (2009). Time Discounting: Declining Impatience and Interval Effect. Journal of Risk and Uncertainty, 39(1), 87112.CrossRefGoogle Scholar
Kirby, K. N. and Herrnstein, R. J. (1995). Preference Reversals Due to Myopic Discounting of Delayed Reward. Psychological Science, 6(2), 8389.CrossRefGoogle Scholar
Kirby, K. N., Petry, N. M. and Bickel, W. K. (1999). Heroin Addicts Have Higher Discount Rates for Delayed Rewards Than Non-Drug-Using Controls. Journal of Experimental Psychology: General, 128(1), 7887.CrossRefGoogle ScholarPubMed
Knapman, A. and Tronde, J. (2011). Temporal Discounting of Different Commodities in Airline Customer Reward Programs. (MBA), Blekinge Institute of Technology. Retrieved from www.diva-portal.org/smash/get/diva2:829832/FULLTEXT01.pdfGoogle Scholar
Laibson, D. (1997). Golden Eggs and Hyperbolic Discounting. Quarterly Journal of Economics, 112(2), 443477.CrossRefGoogle Scholar
Landsberger, M. (1971). Consumer Discount Rate and the Horizon: New Evidence. Journal of Political Economy, 79(6), 13461359.CrossRefGoogle Scholar
Laury, S. K., McInnes, M. M. and Swarthout, J. T. (2012). Avoiding the Curves: Direct Elicitation of Time Preferences. Journal of Risk and Uncertainty, 44(3), 181217.CrossRefGoogle Scholar
LeBoeuf, R. A. (2006). Discount Rates for Time Versus Dates: The Sensitivity of Discounting to Time-Interval Description. Journal of Marketing Research, 43(1), 5972.CrossRefGoogle Scholar
Lempert, K. M. and Phelps, E. A. (2016). The Malleability of Intertemporal Choice. Trends in Cognitive Sciences, 20(1), 6474.CrossRefGoogle ScholarPubMed
Loewenstein, G. (1987). Anticipation and the Valuation of Delayed Consumption. Economic Journal, 97(387), 666684.CrossRefGoogle Scholar
Loewenstein, G. (1988). Frames of Mind in Intertemporal Choice. Management Science, 34(2), 200214.CrossRefGoogle Scholar
Loewenstein, G. and Prelec, D. (1992). Anomalies in Intertemporal Choice: Evidence and an Interpretation. Quarterly Journal of Economics, 107(2), 573597.CrossRefGoogle Scholar
Loewenstein, G. and Prelec, D. (1993). Preferences for Sequences of Outcomes. Psychological Review, 100(1), 91108.CrossRefGoogle Scholar
Loewenstein, G., Rick, S. and Cohen, J. D. (2008). Neuroeconomics. Annual Review of Psychology, 59, 647672.CrossRefGoogle ScholarPubMed
Loewenstein, G. and Sicherman, N. (1991). Do Workers Prefer Increasing Wage Profiles? Journal of Labor Economics, 9(1) 6784.CrossRefGoogle Scholar
Loewenstein, G. and Thaler, R. H. (1989). Anomalies: Intertemporal Choice. Journal of Economic Perspectives, 3(4), 181193.CrossRefGoogle Scholar
Magen, E., Dweck, C. S. and Gross, J. J. (2008). The Hidden-Zero Effect Representing a Single Choice as an Extended Sequence Reduces Impulsive Choice. Psychological Science, 19(7), 648649.CrossRefGoogle ScholarPubMed
Manuck, S. B., Flory, J. D., Muldoon, M. F. and Ferrell, R. E. (2003). A Neurobiology of Intertemporal Choice. In Loewenstein, G., Read, D and Baumeister, R (Eds.), Time and Decision: Economic and Psychological Perspectives on Intertemporal Choice (pp. 139172). New York: Russell Sage.Google Scholar
Manzini, P., Mariotti, M. and Mittone, L. (2010). Choosing Monetary Sequences: Theory and Experimental Evidence. Theory and Decision, 69(3), 327354.CrossRefGoogle Scholar
Mazur, J. E. (1987). An Adjusting Procedure for Studying Delayed Reinforcement. In Commons, M. L, Mazur, J. E., Nevin, J. A and Rachlin, H. (Eds.), The Effect of Delay and of Intervening Events on Reinforcement Value: Quantitative Analyses of Behavior (pp. 5573). Hillsdale, NJ: Lawrence Erlbaum.Google Scholar
McClure, S. M., Ericson, K. M., Laibson, D. I., Loewenstein, G. and Cohen, J. D. (2007). Time Discounting for Primary Rewards. Journal of Neuroscience, 27(21), 57965804.CrossRefGoogle ScholarPubMed
McClure, S. M., Laibson, D. I., Loewenstein, G. and Cohen, J. D. (2004). Separate Neural Systems Value Immediate and Delayed Monetary Rewards. Science, 306(5695), 503507.CrossRefGoogle ScholarPubMed
McAlvanah, P. (2010). Subadditivity, Patience, and Utility: The Effects of Dividing Time Intervals. Journal of Economic Behavior & Organization, 76(2), 325337.CrossRefGoogle Scholar
McDonald, R., Chilton, S., Jones-Lee, M. W. and Metcalf, H. (2017). Evidence of Variable Discount Rates and Non-standard Discounting in Mortality Risk Valuation. Journal of Environmental Economics and ManagementCrossRefGoogle Scholar
Moore, M. J. and Viscusi, W. K. (1990). Models for Estimating Discount Rates for Long-Term Health Risks Using Labor Market Data. Journal of Risk and Uncertainty, 3(4), 381401.CrossRefGoogle Scholar
Myerson, J., Green, L. and Warusawitharana, M. (2001). Area Under the Curve as a Measure of Discounting. Journal of the Experimental Analysis of Behavior, 76(2), 235243.CrossRefGoogle ScholarPubMed
O’Donoghue, T. and Rabin, M. (1999). Doing It Now or Later. American Economic Review, 89(1), 103124.CrossRefGoogle Scholar
O’Donoghue, T. and Rabin, M. (2000). The Economics of Immediate Gratification. Journal of Behavioral Decision Making, 13(2): 2332503.0.CO;2-U>CrossRefGoogle Scholar
Phelps, E. S. and Pollak, R. A. (1968). On Second-Best National Saving and Game-Equilibrium Growth. Review of Economic Studies, 35(2), 185199.CrossRefGoogle Scholar
Plato, . (trans. 1956). Protagoras. in B. Jowett and M. Ostwald (Trans.), Vlastos, G., (Ed.). Indianapolis: Bobbs-Merrill.Google Scholar
Read, D. (2001). Is Time-Discounting Hyperbolic or Subadditive? Journal of Risk and Uncertainty, 23(1), 532.CrossRefGoogle Scholar
Read, D. (2004). Intertemporal Choice. In Koehler, D. J and Harvey, N. (Eds.), Blackwell Handbook of Judgment and Decision Making (pp. 424443). New Jersey: Blackwell.CrossRefGoogle Scholar
Read, D. (2007). Experienced Utility: Utility Theory from Jeremy Bentham to Daniel Kahneman. Thinking & Reasoning, 13(1), 4561.CrossRefGoogle Scholar
Read, D., Frederick, S., Orsel, B. and Rahman, J. (2005). Four Score and Seven Years from Now: The Date/Delay Effect in Temporal Discounting. Management Science, 51(9), 13261335.CrossRefGoogle Scholar
Read, D., Frederick, S. and Scholten, M.2013). DRIFT: An Analysis of Outcome Framing in Intertemporal Choice. Journal of Experimental Psychology: Learning, Memory, and Cognition, 39(2), 573588.Google ScholarPubMed
Read, D., Loewenstein, G. and Kalyanaraman, S. (1999). Mixing Virtue and Vice: Combining the Immediacy Effect and the Diversification Heuristic. Journal of Behavioral Decision Making, 12(4), 257273.3.0.CO;2-6>CrossRefGoogle Scholar
Read, D., Olivola, C. Y. and Hardisty, D. (in press). The Value of Nothing: Asymmetric Attention to Opportunity Costs Drives Intertemporal Decision Making, Management Science, dx.doi.org/10.1287/mnsc.2016.2547Google Scholar
Read, D. and Powell, M. (2002). Reasons for Sequence Preferences. Journal of Behavioral Decision Making, 15(5), 433460.CrossRefGoogle Scholar
Read, D. and Read, N. L. (2004). Time Discounting over the Lifespan. Organizational Behavior and Human Decision Processes, 94(1), 2232.CrossRefGoogle Scholar
Read, D. and Roelofsma, P. H. (2003). Subadditive Versus Hyperbolic Discounting: A Comparison of Choice and Matching. Organizational Behavior and Human Decision Processes, 91(2), 140153.CrossRefGoogle Scholar
Read, D. and Van Leeuwen, B. (1998). Predicting Hunger: The Effects of Appetite and Delay on Choice. Organizational Behavior and Human Decision Processes, 76(2), 189205.CrossRefGoogle ScholarPubMed
Reuben, E., Sapienza, P. and Zingales, L. (2010). Time Discounting for Primary and Monetary Rewards. Economics Letters, 106(2), 125127.CrossRefGoogle Scholar
Rick, S. and Loewenstein, G. (2008). The Role of Emotion in Economic Behavior. In Lewis, M., Haviland-Jones, J. M and Barrett, L. F (Eds.), Handbook of Emotions (pp. 138156). New York: Guilford Press.Google Scholar
Robles, E. (2010). Delay and Loss of Subjective Value. Journal of Behavior, Health & Social Issues, 2(1), 105118.CrossRefGoogle Scholar
Roelofsma, P. H. (1996). Modelling Intertemporal Choices: An Anomaly Approach. Acta Psychologica, 93(1), 522.CrossRefGoogle Scholar
Rubinstein, A. (2003). ‘Economics and Psychology’? The Case of Hyperbolic Discounting. International Economic Review, 44(4), 12071216.CrossRefGoogle Scholar
Samuelson, P. A. (1937). A Note on Measurement of Utility. Review of Economic Studies, 4(2), 155161.CrossRefGoogle Scholar
Sayman, S. and Öncüler, A. (2009). An Investigation of Time Inconsistency. Management Science, 55(3), 470482.CrossRefGoogle Scholar
Scholten, M. and Read, D. (2006). Discounting by Intervals: A Generalized Model of Intertemporal Choice. Management Science, 52(9), 14241436.CrossRefGoogle Scholar
Scholten, M. and Read, D. (2010). The Psychology of Intertemporal Tradeoffs. Psychological Review, 117(3), 925944.CrossRefGoogle ScholarPubMed
Scholten, M. and Read, D. (2013). Time and Outcome Framing in Intertemporal Tradeoffs. Journal of Experimental Psychology: Learning, Memory, and Cognition, 39(4), 11921212.Google ScholarPubMed
Scholten, M., Read, D. and Sanborn, A. (2016). Cumulative Weighing of Time in Intertemporal Tradeoffs. Journal of Experimental Psychology: General, 145(9), 11771205.CrossRefGoogle ScholarPubMed
Sellitto, M., Ciaramelli, E. and di Pellegrino, G. (2010). Myopic Discounting of Future Rewards After Medial Orbitofrontal Damage in Humans. Journal of Neuroscience, 30(49), 1642916436.CrossRefGoogle ScholarPubMed
Shapiro, J. M. (2005). Is There a Daily Discount Rate? Evidence from the Food Stamp Nutrition Cycle. Journal of Public Economics, 89(2), 303325.CrossRefGoogle Scholar
Smith, C. T., Wallace, D. L., Dang, L. C., Aarts, E., Jagust, W. J., D’Esposito, M. and Boettiger, C. A. (2016). Modulation of Impulsivity and Reward Sensitivity in Intertemporal Choice by Striatal and Midbrain Dopamine Synthesis in Healthy Adults. Journal of Neurophysiology, 115(3), 11461156.CrossRefGoogle ScholarPubMed
Smith, P. K., Bogin, B. and Bishai, D. (2005). Are Time Preference and Body Mass Index Associated? Evidence from the National Longitudinal Survey of Youth. Economics & Human Biology, 3(2), 259270.CrossRefGoogle ScholarPubMed
Sopher, B. and Sheth, A. (2006). A Deeper Look at Hyperbolic Discounting. Theory and Decision, 60(2–3), 219255.CrossRefGoogle Scholar
Story, G. W., Vlaev, I., Seymour, B., Winston, J. S., Darzi, A. and Dolan, R. J. (2013). Dread and the Disvalue of Future Pain. PLoS Computational Biology, 9(11), e1003335.CrossRefGoogle ScholarPubMed
Strotz, R. H. (1955). Myopia and Inconsistency in Dynamic Utility Maximization. Review of Economic Studies, 23(3), 165180.CrossRefGoogle Scholar
Takahashi, T. (2005). Loss of Self-Control in Intertemporal Choice May Be Attributable to Logarithmic Time-Perception. Medical Hypotheses, 65(4), 691693.CrossRefGoogle ScholarPubMed
Thaler, R. (1981). Some Empirical Evidence on Dynamic Inconsistency. Economics Letters, 8(3), 201207CrossRefGoogle Scholar
Tsukayama, E. and Duckworth, A. L. (2010). Domain-Specific Temporal Discounting and Temptation. Judgment and Decision Making, 5(2), 7282.CrossRefGoogle Scholar
Tversky, A., Sattath, S. and Slovic, P. (1988). Contingent Weighting in Judgment and Choice. Psychological Review, 95(3), 371384.CrossRefGoogle Scholar
Ubfal, D. (2016). How General Are Time Preferences? Eliciting Good-Specific Discount Rates. Journal of Development Economics, 118, 150170.CrossRefGoogle Scholar
Urminsky, O. and Zauberman, G. (2015). The Psychology of Intertemporal Preferences. In Wu, G. and Keren, G. (Eds.), The Wiley Blackwell Handbook of Judgment and Decision Making (pp. 141181). Malden, MA: Wiley-BlackwellCrossRefGoogle Scholar
Van der Pol, M. and Cairns, J. (2001). Estimating Time Preferences for Health Using Discrete Choice Experiments. Social Science & Medicine, 52(9), 14591470.CrossRefGoogle ScholarPubMed
Weatherly, J. N. and Ferraro, F. R. (2011). Executive Functioning and Delay Discounting of Four Different Outcomes in University Students. Personality and Individual Differences, 51(2), 183187.CrossRefGoogle Scholar
Weber, E. U., Johnson, E. J., Milch, K. F., Chang, H., Brodscholl, J. C. and Goldstein, D. G. (2007). Asymmetric Discounting in Intertemporal Choice a Query-Theory Account. Psychological Science, 18(6), 516523.CrossRefGoogle Scholar
Wu, C. Y. and He, G.-B. (2012). The Effects of Time Perspective and Salience of Possible Monetary Losses on Intertemporal Choice. Social Behavior and Personality, 40, 16451653.CrossRefGoogle Scholar
Yates, J. F. and Watts, R. A. (1975). Preferences for Deferred Losses. Organizational Behavior and Human Performance, 13(2), 294306.CrossRefGoogle Scholar
Zauberman, G., Kim, B. K., Malkoc, S. A. and Bettman, J. R. (2009). Discounting Time and Time Discounting: Subjective Time Perception and Intertemporal Preferences. Journal of Marketing Research, 46(4), 543556.CrossRefGoogle Scholar

6.5 References

Ali, P., McRae, C., and Ramsay, I. (2015). Payday Lending Regulation and Borrower Vulnerability in the United Kingdom and Australia. Journal of Business Law, (3), 223255.Google Scholar
Allport, G. W. (1935). Attitudes. In Murchison, E. (Ed.), Handbook of Social Psychology (pp. 798–844). Worcester, MA: Clark University Press.Google Scholar
Ando, A., and Modigliani, F. (1963). The ‘Life Cycle’ Hypothesis of Saving: Aggregate Implications and Tests. American Economic Review, 53(1), 5584.Google Scholar
Balmer, N., Pleasence, P., Buck, A., and Walker, H. C. (2005). Worried Sick: The Experience of Debt Problems and Their Relationship with Health, Illness and Disability. Social Policy and Society, 5(1), 3951.CrossRefGoogle Scholar
Bank of England. (1991). Developments in International Banking and Capital Markets in 1990: Asset-backed Bonds. Bank of England Quarterly Bulletin, Q2, 234245. Retrieved 11 September 2013, from www.bankofengland.co.uk/archive/Documents/historicpubs/qb/1992/qb92q2190198.pdfGoogle Scholar
Bank of England. (2016). Quarterly Total Lending to Individuals (Including Student Loans). Retrieved 14 November 2016, from www.bankofengland.co.uk/boeapps/iadb/index.asp?first=yes&SectionRequired=A&HideNums=-1&ExtraInfo=false&Travel=NIxSTxGoogle Scholar
Becker, J., Stolberg, S. G., and Labaton, S. (2008). White House Philosophy Stoked Mortgage Bonfire. Retrieved 15 January 2016, from www.nytimes.com/2008/12/21/business/worldbusiness/21iht-21admin.18841556.htmlGoogle Scholar
Berg, A., and Ostry, J. (2011). Inequality and Unsustainable Growth: Two Sides of the Same Coin? International Monetary Fund Staff Discussion Note, 121.Google Scholar
Bernthal, M. J., Crockett, D., and Rose, R. L. (2005). Credit Cards as Lifestyle Facilitators. Journal of Consumer Research, 32(1), 130145.CrossRefGoogle Scholar
Berthoud, R., and Kempson, E. (1992). Credit and Debt. The PSI Report. United Kingdom: PSI.Google Scholar
Betti, G., Dourmashkin, N., Rossi, M. C., Verma, V., and Yin, Y. (2001). Study of the Problem of Consumer Indebtedness: Statistical Aspects. Commision of European Union No. B5-1000/00/000197. Retrieved 4 August 2017, from www.iaclaw.org/Research_papers/iff_OverindebtednessandConsumerLaw.pdfGoogle Scholar
Booth, P. (2007). Rocky Road Ahead. Media Post. Institute of Economic Affairs. Retrieved 10 March 2015, from https://iea.org.uk/in-the-media/media-coverage/rocky-road-aheadGoogle Scholar
Booth, P. (2008). Bishops Should Tread Carefully in Their Response to the Financial Crash. Media Post. Institute of Economic Affairs. Retrieved 30 March 2015, from www.iea.org.uk/in-the-media/media-coverage/bishops-should-tread- carefully-in-their-response-to-the-financial-crashGoogle Scholar
Booth, P. (2009). The Causes of the Crash. In Booth, P. (Ed.), Verdict on the Crash: Causes and Policy Implications. (pp. 2536). London: Institute of Economic Affairs.Google Scholar
Bridges, S., and Disney, R. (2010). Debt and Depression. Journal of Health Economics, 29(3), 388403.CrossRefGoogle ScholarPubMed
Brown, S., and Taylor, K. (2008). Household Debt and Financial Assets: Evidence from Germany, Great Britain and the USA. Journal of the Royal Statistical Society. Series A: Statistics in Society, 171(3), 615643. doi.org/10.1111/j.1467-985X.2007.00531.xCrossRefGoogle Scholar
Brown, S., Taylor, K., and Wheatley Price, S. (2005). Debt and Distress: Evaluating the Psychological Cost of Credit. Journal of Economic Psychology, 26(5), 642663.CrossRefGoogle Scholar
Browning, M., Bourguignon, F., Chiappori, P. A., and Lechene, V. (1994). Income and Outcomes: A Structural Model of Intrahousehold Allocation. Journal of Political Economy, 102(6), 10671096.CrossRefGoogle Scholar
Burchell, B. J. (2004). Identifying, Describing and Understanding Financial Aversion: Financial Phobes. Argent: Journal of the Financial Services Forum, 2(3), 2226.Google Scholar
Burton, D. (2008). Credit and Consumer Society. London: Routledge.Google Scholar
Campbell, A., Converse, P. E., and Rogers, W. L. (1976). The Quality of American Life: Perceptions, Evaluations, and Satisfactions. New York: Russell Sage.Google Scholar
Carlbring, P., Nordgren, L. B., Furmark, T., and Andersson, G. (2009). Long-term Outcome of Internet-Delivered Cognitive-Behavioural Therapy for Social Phobia: A 30-Month Follow-up. Behaviour Research and Therapy, 47(10), 848850. doi.org/10.1016/j.brat.2009.06.012CrossRefGoogle Scholar
Carney, M. (2016). EU Referendum: Statement from Bank of England Governor Mark Carney. Retrieved 24 June 2016, from www.bbc.co.uk/news/business-36618560Google Scholar
Chatterjee, P., and Rose, R. L. (2012). Do Payment Mechanisms Change the Way Consumers Perceive Products? Journal of Consumer Research, 38(6), 11291139.CrossRefGoogle Scholar
Cohen-Cole, E., and Duygan-Bump, B. (2008). Household Bankruptcy Decision: The Role of Social Stigma vs. Information Sharing. Federal Reserve Bank Boston, Quantitative Analysis Unit Series Paper No. QAU08-6. Retrieved 13 March 2015, from faculty.washington.edu/jhcook/seminar/cohen-cole stigma and information in bankruptcy_10sept.pdfGoogle Scholar
Cooper Wognsen, T. P. (2013). It’d Be Weird Without McDonald’s. Aalborg Universitet.Google Scholar
D’Astous, A. (1990). An Inquiry into the Compulsive Side of ‘Normal’ Consumers. Journal of Consumer Policy, 13, 1531.CrossRefGoogle Scholar
del Río, A., and Young, G. (2005). The Impact of Unsecured Debt on Financial Distress Among British Households. Bank of England, Working Paper No. 262. Retrieved 4 August 2017, from www.bankofengland.co.uk/archive/Documents/historicpubs/workingpapers/2005/wp262.pdfGoogle Scholar
Dossey, L. (2007). Debt and Health. Explore: The Journal of Science and Healing, 3(2), 8390. doi.org/10.1016/j.explore.2006.12.004CrossRefGoogle ScholarPubMed
Draut, T., and Silva, J. (2003). Borrowing to Make Ends Meet: The Growth of Credit Card Debt in the ‘90s. New York: Demos.Google Scholar
Draut, T., and Silva, J. (2007). Borrowing to Make Ends Meet: The Growth of Credit Card Debt in the ‘90s. New York: Demos.Google Scholar
Drentea, P. (2000). Age, Debt and Anxiety. Journal of Health and Social Behavior, 41(4), 437450. doi.org/10.2307/2676296CrossRefGoogle ScholarPubMed
Drentea, P., and Lavrakas, P. J. (2000). Over the Limit: The Association Among Health, Race and Debt. Social Science and Medicine, 50(4), 517529.CrossRefGoogle ScholarPubMed
Drentea, P., and Reynolds, J. R. (2012). Neither a Borrower nor a Lender Be: The Relative Importance of Debt and SES for Mental Health Among Older Adults. Journal of Aging and Health, 24, 673695.CrossRefGoogle Scholar
Dunn, L. F., and Mirzaie, I. (2016). Consumer Debt Stress, Changes in Household Debt, and the Great Recession. Economic Inquiry, 54(1), 201214.CrossRefGoogle Scholar
Edwards, S. (2003). In Too Deep: CAB Clients’ Experience of Debt. London: Citizens Advice.Google Scholar
Efrat, R. (2006). The Evolution of Bankruptcy Stigma. Theoretical Inquiries in Law, 7(2), 365393.CrossRefGoogle Scholar
Elder, G. H. (1985). Life Course Dynamics. Trajectories and Transitions, 1968–1980. Ithaca, NY: Cornell University Press.Google Scholar
Eurostat – SILC. (2008). 2008 Module: Over-indebtedness and Financial Exclusion. Retrieved 22 November 2016 from ec.europa.eu/eurostat/web/income-and-living-conditions/data/ad-hoc-modulesGoogle Scholar
Faber, R. (1988). Compulsive Consumption and Credit Abuse. Journal of Consumer Policy, 11, 97109.CrossRefGoogle Scholar
Festinger, L. (1954). A Theory of Social Comparison Processes. Human Relations, 7(2), 117140.CrossRefGoogle Scholar
Fitch, C., Hamilton, S., Bassett, P., and Davey, R. (2011). The Relationship Between Personal Debt and Mental Health: A Systematic Review. Mental Health Review Journal, 16(4), 153166.CrossRefGoogle Scholar
Ford, J. (1988). The Indebted Society: Credit and Default in the 1980s. New York: Routledge.Google Scholar
Ford, J. (1991). Consuming Credit: Debt and Poverty in the UK. London: Child Poverty Action Group (CPAG).Google Scholar
Frank, R. H., Levine, A. S., and Dijk, O. (2010). Expenditure Cascades. SSRN Electronic Journal, 130. doi.org/10.2139/ssrn.1690612Google Scholar
Frederick, S., Loewenstein, G., and O’Donoghue, T. (2002). Time Discounting and Time Preference: A Critical Review. Journal of Economic Literature, 40, 351401.CrossRefGoogle Scholar
Gathergood, J. (2011). Demand, Capacity and Need for Debt Advice in the United Kingdom. Money Advice Trust. Retrieved 4 August 2017, from, http://www.moneyadvicetrust.org/SiteCollectionDocuments/Research%20and%20reports/demand_and_capacity.pdfGoogle Scholar
Georgarakos, D., Lojschova, A., and Ward-Wamedinger, M. (2010). Mortgage Indebtedness and Household Financial Distress. European Central Bank, Working Paper No. 1156.CrossRefGoogle Scholar
Godwin, D. H. (1997). Dynamics of Households’ Income Debt and Attitudes Toward Credit, 1983–1989. Journal of Consumer Affairs, 31(2), 303325.CrossRefGoogle Scholar
Grable, J. E. (2000). Financial Risk Tolerance and Additional Factors That Affect Risk Taking in Every Day Money Matters. Journal of Business and Pyschology, 14(4), 625630.Google Scholar
Graeber, D. (2011). Debt. The First 5,000 Years. Brooklyn: Melville House.Google Scholar
Gregg, S. (2009). Moral Failure: Borrowing, Lending and the Financial Crisis. In Booth, P. (Ed.), Verdict on the Crash: Causes and Policy Implications (pp. 145–56). London: Institute of Economic Affairs.Google Scholar
Griffiths, M. (2008). Guest Editorial: Themed Issue: Consumer Issues in Credit and Debt. International Journal of Consumer Studies, 32(3), 187.CrossRefGoogle Scholar
Gumy, J. M. (2013). The Impact of Unemployment, Childbirth and Partnership Dissolution on Perceived Problematic Debt in the UK, Germany and Luxembourg. Thesis, University of Cambridge.Google Scholar
Hamilton, V. L. (1980). Intuitive Psychologist or Intuitive Lawyer? Alternative Models of the Attribution Process. Journal of Personality and Social Psychology, 39(5), 767772.CrossRefGoogle Scholar
Harris, C. (1987). The Individual and Society: A Processual Approach. In Bryman, A., Bytheway, B., Allatt, P., and Keil, T. (Eds.), Rethinking the Life Cycle. London: Macmillan Press.Google Scholar
Harris, R., Seldon, A., and Naylor, M. (1959). Hire Purchase in a Free Society. London: Institute of Economic Affairs.Google Scholar
Heffetz, O. (2011). A Test of Conspicuous Consumption: Visibility and Income Elasticities. Review of Economics and Statistics, XCIII(4), 11011118.CrossRefGoogle Scholar
Hintikka, J., Kontula, O., Saarinen, P., Tanskanen, A., Koskela, K., and Viinamäki, H. (1998). Debt and Suicidal Behaviour in the Finnish General Population. Acta Psychiatrica Scandinavica, 98(6), 493496. doi.org/10.1111/j.1600-0447.1998.tb10125.xCrossRefGoogle ScholarPubMed
Hirschman, E. C. (1979). Differences in Consumer Purchase Behavior by Credit Card Payment System. Journal of Consumer Research, 6(1), 5866.CrossRefGoogle Scholar
Huls, N. (1993). Towards a European Approach to Overindebtedness of Consumers. Journal of Consumer Policy, 16(2), 215234. doi.org/10.1007/BF01418377CrossRefGoogle Scholar
Hyman, L. (2012). The Politics of Consumer Debt: U.S. State Policy and the Rise of Investment in Consumer Credit, 1920–2008. Annals of the American Academy of Political and Social Science, 644, 4049.CrossRefGoogle Scholar
Inglehart, R. (1977). The Silent Revolution: Changing Values and Political Styles Among Western Publics. Princeton: Princeton University Press.Google Scholar
Inglehart, R. (2008). Changing Values Among Western Publics from 1970 to 2006. West European Politics, 31(1–2), 130146. doi.org/10.1080/01402380701834747CrossRefGoogle Scholar
Institute of Economic Affairs. (2016). Mission Statement. Retrieved 22 November 2016, from iea.org.uk/about-usGoogle Scholar
Jarvis, S., and Jenkins, S. P. (1999). Marital Splits and Income Changes: Evidence from the British Household Panel Survey. Population Studies, 53(2), 237254.CrossRefGoogle Scholar
Jenkins, R., Bhugra, D., Bebbington, P., Brugha, T., Farrell, M., Coid, J., et al. (2008). Debt, Income and Mental Disorder in the General Population. Psychological Medicine, 38(10), 14851493. doi.org/10.1017/S0033291707002516CrossRefGoogle ScholarPubMed
Jianakoplos, N. A., and Bernasek, A. (1998). Are Women More Risk Averse? Economic Inquiry, 36(4), 629630.CrossRefGoogle Scholar
Kamleitner, B., and Kirchler, E. (2007). Consumer Credit Use: A Process Model and Literature Review. Revue européenne de psychologie appliquée/European Review of Applied Psychology, 57(4), 267283. doi.org/doi: DOI: 10.1016/j.erap.2006.09.003CrossRefGoogle Scholar
Kan, M.-Y., and Laurie, H. (2010). Savings, Investments, Debts and Psychological Well-being in Married and Cohabiting Couples. ISER Working Paper Series. Essex.Google Scholar
Keese, M. (2012). Who Feels Constrained by High Debt Burdens? Subjective vs Objective Measures of Household Debt. Journal of Economic Psychology, 33(2), 125141.CrossRefGoogle Scholar
Kempson, E., and Atkinson, A. (2006). Overstretched: People at Risk of Financial Difficulties. Bristol: Genworth Financial.Google Scholar
Krueger, D., and Perri, F. (2002). Does Income Inequality Lead to Consumption Inequality? Evidence and Theory. NBER Working Paper 9202. Retrieved 15 April 2015, from www.nber.org/papers/w9202.pdfCrossRefGoogle Scholar
Kumhof, M., Rancière, R., and Winant, P. (2015). Inequality, Leverage, and Crises. American Economic Review, 105(3), 12171245. doi.org/10.1257/aer.20110683CrossRefGoogle Scholar
Lamming, A. (2011). ’My Old Friend Wonga’: Experiences of Using Payday Loans as Revealed in Online Forums. Thesis. University of Cambridge.Google Scholar
Lancaster, G., and Ray, R. (2002). Tests of Income Pooling on Household Budget Data: The Australian Evidence. Australian Economic Papers, 41(1), 99114.CrossRefGoogle Scholar
Lazzarato, M. (2011). The Making of the Indebted Man: An Essay on the Neoliberal Condition. Los Angeles: Semiotext.Google Scholar
Leigh-Pemburton, R. (1988). Personal Credit in Perspective. Governor’s Speech at the Annual Luncheon of the Newspaper Conference. Bank of England Quarterly Bulletin, Q1, 4850. Retrieved 24 August 2013, from www.bankofengland.co.uk/archive/Documents/historicpubs/qb/1988/qb88q14850.pdfGoogle Scholar
Livingstone, S. M., and Lunt, P. K. (1992). Predicting personal debt and debt repayment: psychological, social and economic determinants. Journal of Economic Psychology, 13(1), 111134. doi.org/10.1016/0167-4870(92)90055-cCrossRefGoogle Scholar
Lown, J. M., and Ju, I. (1992). A Model of Credit Use and Financial Satisfaction. Financial Counseling and Planning, 3, 105125.Google Scholar
Lusardi, A., and Tufano, P. (2009). Debt Literacy, Financial Experiences and Overindebtedness. NBER Working Paper No. 14808.CrossRefGoogle Scholar
Manning, R. (2000). Credit Card Nation: The Consequences of America’s Addiction to Credit. New York: Basic Books.Google Scholar
Manser, M., and Brown, M. (1980). Marriage and Household Decision-Making: A Bargaining Analysis. International Economic Review, 21(1), 3144.CrossRefGoogle Scholar
Marron, D. (2007). ‘Lending by Numbers’: Credit Scoring and the Constitution of Risk Within American consumer Credit. Economy and Society, 36(1), 103133.CrossRefGoogle Scholar
Matthews, K. A., and Gallo, L. C. (2011). Psychological Perspectives on Pathways Linking Socioeconomic Status and Physical Health. Annual Review of Psychology, 62, 501530.CrossRefGoogle ScholarPubMed
McKillop, D., and Wilson, J. (2015). Credit Unions as Cooperative Institutions: Distinctiveness, Performance and Prospects. Social and Environmental Accounting Journal, 35(2), 96112.CrossRefGoogle Scholar
Meltzer, H., Bebbington, P., Brugha, T., Jenkins, R., McManus, S., and Dennis, M. S. (2011). Personal Debt and Suicidal Ideation. Psychological Medicine, 41(4), 771778.CrossRefGoogle ScholarPubMed
Milanovic, B. (2009). Two Views on the Cause of the Global Crisis. YaleGlobal Online, 1113. Retrived 13 April 2015, from at: http://yaleglobal.yale.edu/content/two-views-global-crisisGoogle Scholar
Montgomerie, J. (2010). Neoliberalism and the Making of Subprime Borrowers. In M. Konings (Ed.), The Great Credit Crash (pp. 103–118). London: Verso.Google Scholar
Morgan, R., and Christen, M. (2003). Keeping Up with the Joneses: The Effect of Income Inequality on Demand for Consumer Credit. Insead. Retrieved 23 July 2014, from flora.insead.edu/fichiersti_wp/inseadwp2003/2003–67.pdfGoogle Scholar
Mullainathan, S., and Shafir, E. (2009). Saving Policy and Decision-Making in Low-Income Households. In R. Blanc and M. Barr (Eds.), Insufficient Funds: Saving, Assets, Credit, and Banking Among Low-Income Households (pp. 121–146). New York: The Russell Sage Foundation.Google Scholar
Office for National Statistics. (2015). Housing and Home Ownership in the UK. Retrieved 14 November 2016, from visual.ons.gov.uk/uk-perspectives-housing-and-home-ownership-in-the-uk/Google Scholar
O’Loughlin, D., and Szmigin, I. (2006). ‘I’ll Always Be in Debt’: Irish and UK Student Behaviour in a Credit Led Environment. Journal of Consumer Marketing, 23(6), 335343. doi.org/10.1108/07363760610701878CrossRefGoogle Scholar
O’Rand, A. M., and Krecker, M. L. (1990). Concepts of the Life Cycle: Their History, Meanings, and Uses in the Social Sciences. Annual Review of Sociology, 16(1), 241262.CrossRefGoogle Scholar
Orton, M. (2009). Understanding the Exercise of Agency Within Structural Inequality: The Case of Personal Debt. Social Policy and Society, 8(4), 487498.CrossRefGoogle Scholar
Packman, C. (2014). Payday Lending: Global Growth of the High-Cost Credit Market. London: Palgrave Macmillan.CrossRefGoogle Scholar
Pahl, J. (1989). Money and Marriage. London: Palgrave Macmillan.CrossRefGoogle Scholar
Pahl, J. (1995). His Money, Her Money: Recent Research on Financial Organisation in Marriage. Journal of Economic Psychology, 16, 361376.CrossRefGoogle Scholar
Payne, C. (2013). The Consumer, Credit and Neoliberalism. London: Routledge.Google Scholar
Plagnol, A. (2011). Financial Satisfaction over the Life Course: The Influence of Assets and Liabilities. Journal of Economic Psychology, 32(1), 4564. doi.org/10.1016/j.joep.2010.10.006CrossRefGoogle Scholar
Poster, W. R. (2013). Hidden Sides of the Credit Economy: Emotions, Outsourcing, and Indian Call Centres. International Journal of Comparative Sociology, 54(3), 205227.CrossRefGoogle Scholar
Powell, M., and Ansic, D. (1997). Gender Differences in Risk Behaviour in Financial Decision-Making: An Experimental Analysis. Journal of Economic Psychology, 18(6), 605628.CrossRefGoogle Scholar
Rajan, R. (2010). Fault Lines: How Hidden Fractures Still Threaten the World Economy. Princeton: Princeton University Press.Google Scholar
Rammstedt, B. (2009). Subjective Indicators. RatSWD Working Paper Series No. 119. Berlin. Retrieved 4 August 2017, from www.ratswd.de/download/RatSWD_WP_2009/RatSWD_WP_119.pdfCrossRefGoogle Scholar
Ranyard, R. (2014). The Psychology of Consumer Credit Risk Management: Impact on the UK Payment Protection Insurance (PPI) Market. Impact Case Study. University of Bolton. Retrieved 4 August 2017, from impact.ref.ac.uk/casestudies2/refservice.svc/GetCaseStudyPDF/27159Google Scholar
Ranyard, R., and McHugh, S. (2012). Bounded Rationality in Credit Consumers’ Payment Protection Insurance Decisions: The Effect of Relative Cost and Level of Cover. Journal of Risk Research, 15(8), 937950. doi.org/10.1080/13669877.2012.686050CrossRefGoogle Scholar
Reading, R., and Reynolds, S. (2001). Debt, Social Disadvantage and Maternal Depression. Social Science and Medicine, 53(4), 441453.CrossRefGoogle ScholarPubMed
Richardson, T., Elliott, P., and Roberts, R. (2013). The Relationship Between Personal Unsecured Debt and Mental and Physical Health: A Systematic Review and Meta-analysis. Clinical Psychology Review. doi.org/10.1016/j.cpr.2013.08.009CrossRefGoogle Scholar
Rosenbleeth, R. (2008). A Credit-Crunch Reader: Free-Market Blog and Think-Tank Responses to the Crash of 2008. IEA Current Controversies Paper No. 29. London. Retrieved 10 March 2015, from www.iea.org.uk/publications/research/a-credit-crunch-reader-web-publicationGoogle Scholar
Ross, L., and Squires, G. (2011). The Personal Costs of Subprime Lending and the Foreclosure Crisis: A Matter of Trust, Insecurity, and Institutional Deception. Social Science Quarterly, 92(1), 140163.CrossRefGoogle Scholar
Rowlingson, K., Appleyard, L., and Gardner, J. (2016). Payday Lending in the UK: The Regul(aris)ation of a Necessary Evil? Journal of Social Policy, 117. doi.org/10.1017/S0047279416000015Google ScholarPubMed
Samuelson, P. (1937). A Note on the Measurement of Utility. Review of Economic Studies, 4(2), 155161.CrossRefGoogle Scholar
Schulte-Mecklenbeck, M., Kühberger, A., and Ranyard, R. (2011). The Role of Process Data in the Development and Testing of Process Models of Judgment and Decision Making. Judgment and Decision Making, 6(8), 733739.CrossRefGoogle Scholar
Scott, J., and Dex, S. (2009). Paid and Unpaid Work. In Miles, J. and Probert, R. (Eds.), Sharing Lives, Dividing Assets: An Interdisciplinary Study (pp. 4159). Oxford: Hart.Google Scholar
Shapiro, G. K., and Burchell, B. J. (2012). Measuring Financial Anxiety. Journal of Neuroscience, Psychology, and Economics, 5(2), 92103. doi.org/10.1037/a0027647CrossRefGoogle Scholar
Shefrin, H. M., and Thaler, R. H. (1988). The Behavioral Life Cycle Hypothesis. Economic Inquiry, 26(4), 609643. doi.org/10.1111/j.1465–7295.1988.tb01520.xCrossRefGoogle Scholar
Sinclair, R. R., Sears, L. F., Probst, T., and Zajack, M. (2010). A Multilevel Model of Economic Stress and Employee Well-being. In Houdmont, J. and Leka, S.(Eds.), Contemporary Occupational Health Psychology: Global Perspectives on Research and Practice (pp. 120). West Sussex: Wiley-Blackwell.Google Scholar
Skott, P. (2013). Increasing Inequality and Financial Instability. Review of Radical Political Economics, 45, 478488.CrossRefGoogle Scholar
Sparkes, M. (2015). Borrowed Identities: Credit, Debt and Classificatory Struggles in Neoliberal Britain. Thesis, University of York. Retrieved 29 March 2016, from etheses.whiterose.ac.uk/11360/Google Scholar
Statistic Brain. (2016). Home Foreclosure Statistics. Retrieved 21 October 2016, from www.statisticbrain.com/home-foreclosure-statistics/Google Scholar
StepChange Debt Charity. (2015). England and Wales Court Action. Retrieved 14 July 2015, from www.stepchange.org/Debtinformationandadvice/Whatyourcreditorscando/Courtaction/EnglandWalescourtaction/Chargingorder.aspxGoogle Scholar
Stiglitz, J. (2013). The Price of Inequality. London: W. W. Norton.CrossRefGoogle Scholar
Sullivan, T. A., Warren, E., and Westbrook, J. L. (1999). As We Forgive Our Debtors. New York: Beard.Google Scholar
Sweet, E., Nandi, A., Adam, E., and McDade, T. (2013). The High Price of Debt: Household Financial Debt and Its Impact on Mental and Physical Health. Social Science and Medicine, 91, 94100.CrossRefGoogle Scholar
Tach, L., and Sternberg-Greene, S. (2014). ‘Robbing Peter to Pay Paul’: Economic and Cultural Explanations for How Lower-Income Families Manage Debt. Social Problems, 61(1), 121.Google Scholar
Thaler, R. H. (1990). Anomalies: Saving, Fungibility, and Mental Accounts. Journal of Economic Perspectives, 4(1), 193205. doi.org/10.1257/jep.4.1.193CrossRefGoogle Scholar
Thatcher, M. (1982). Leaders Speech: Conservative Party Conference. Retrieved 28 August 2013, from www.britishpoliticalspeech.org/speech-archive.htm?speech=128Google Scholar
The Money Charity. (2007). Debt Facts and Figures. Retrieved 20 August 2015, from themoneycharity.org.uk/media/august-2007.pdfGoogle Scholar
Tokunaga, H. (1993). The Use and Abuse of Consumer Credit: Application of Psychological Theory and Research. Journal of Economic Psychology, 14(2), 285316.CrossRefGoogle Scholar
Trade Union Congress. (2016). Britain in the Red: Why We Need Action to Help Over-indebted Households. London. Retrieved 15 November 2016, from www.tuc.org.uk/sites/default/files/Britain-In-The-Red-2016.pdfGoogle Scholar
Trumbull, G. (2014). Consumer Lending in France and America: Credit and Welfare. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
US Census Bureau. (2017). Quarterly Residential Vacancies and Homeownership. Retrieved 4 August 2017, from www.census.gov/housing/hvs/files/currenthvspress.pdfGoogle Scholar
US Federal Reserve. (2016a). Consumer Credit Outstanding (Levels), Historical Data. Retrieved 14 November 2016, from www.federalreserve.gov/releases/G19/HIST/cc_hist_sa_levels.htmlGoogle Scholar
US Federal Reserve. (2016b). Mortgage Debt Outstanding. Retrieved 4 August 2017, from www.federalreserve.gov/econresdata/releases/mortoutstand/mortoutstand2016.htmGoogle Scholar
Van Treeck, T. (2014). Did Inequality Cause the U.S. Financial Crisis? Journal of Economic Surveys, 28(3), 421448. doi.org/10.1111/joes.12028CrossRefGoogle Scholar
Veenhoven, R. (2007). Subjective Measures of Well-Being. In McGillivray, M. (Ed.), Human Well-Being, Concept and Measurement (pp. 214239). Houndsmills: Palgrave Macmillan.CrossRefGoogle Scholar
Vogler, C., Brockmann, M., and Wiggins, R. D. (2006). Intimate Relationships and Changing Patterns of Money Management at the Beginning of the Twenty-First Century. British Journal of Sociology, 57(3), 455482.CrossRefGoogle ScholarPubMed
Vogler, C., and Pahl, J. (1993). Social and Economic Change and the Organisation of Money Within Marriage. Work, Employment and Society, 7(1), 7195.CrossRefGoogle Scholar
Walker, C. (2012). Neoliberal Ideology and Personal Debt in the United Kingdom. In Walker, C., Johnson, K., and Cunningham, L. (Eds.), Community Psychology and the Socio-economics of Mental Distress: International Perspectives (pp. 4961). London: Palgrave Macmillan.CrossRefGoogle Scholar
Walker, C., Hanna, P., Cunningham, L., and Ambrose, P. (2014). ‘A Kind of Mental Warfare’: An Economy of Affect in the UK Debt Collection Industry. Australian Community Psychologist, 26(2), 5467.Google Scholar
Webley, P., and Nyhus, E. K. (2001). Life-cycle and Dispositional Routes into Problem Debt. British Journal of Psychology, 92(3), 423446.CrossRefGoogle ScholarPubMed
West, M. (2016). City Watchdog Takes Over Control of Credit Industry. Retrieved 18 November 2016, from www.thisismoney.co.uk/money/bills/article-2578978/Payday-lenders-face-cap-charges-year-City-Watchdog-takes-control-consumer-creditGoogle Scholar
Westaway, J., and Mckay, S. (2007). Women’s Financial Assets and Debts. London. Retrieved 4 August 2017, from www.friendsprovidentfoundation.org/wp-content/uploads/2014/07/Womens-Financial-Assets-and-Debts.pdfGoogle Scholar
Wilkinson, R., and Pickett, K. (2009). The Spirit Level: Why More Equal Societies Almost Always Do Better. London: Penguin.Google Scholar
Wohl, M. J. A., Pychyl, T. A., and Bennett, S. H. (2010). I Forgive Myself, Now I Can Study: How Self-Forgiveness for Procrastinating Can Reduce Future Procrastination. Personality and Individual Differences, 48(7), 803808.CrossRefGoogle Scholar
Yip, P. S. F., Yang, K. C. T., Ip, B. Y. T., Law, Y. W., and Watson, R. (2007). Financial Debt and Suicide in Hong Kong SAR. Journal of Applied Social Psychology, 37(12), 27882799.CrossRefGoogle Scholar

7.16 References

Arzheimer, K. and Carter, E. (2006) Political Opportunity Structures and Right-Wing Extremist Party Success. European Journal of Political Research 45(3): 419443.CrossRefGoogle Scholar
Beck, U. (2000) The Brave New World of Work. Cambridge: Polity.Google Scholar
Bhui, K., Warfa, N. and Jones, E. (2014) Is Violent Radicalisation Associated with Poverty, Migration, Poor Self-Reported Health and Common Mental Disorders? PLoS ONE. 9(3): e90718.CrossRefGoogle ScholarPubMed
Buffel, V., Missinne, S. and Bracke, P. (2016) The Social Norm of Unemployment in Relation to Mental Health and Medical Care Use: The Role of Regional Unemployment Levels and of Displaced Workers. Work, Employment and Society. 31(3): 501–521.Google Scholar
Burchell, B. J. (2002) The Prevalence and Redistribution of Job Security and Work Intensification. In (Eds) Burchell, B. J., Ladipo, D. and Wilkinson, F., Job Insecurity and Work Intensification. London: Routledge, 6176.Google Scholar
Burchell, B. J., Coutts, A., Hall, E. and Pye, N. (2016) Self-Employment Programmes for Young People: A Review of the Context, Policies and Evidence. Employment Working Paper No. 198. Geneva: International Labour Organisation.Google Scholar
Cheng, G. and Chan, D. (2008). Who Suffers More from Job Insecurity? A Meta-analytic Review. Applied Psychology 57(2):72303.CrossRefGoogle Scholar
CIPD (Charted Institute for Personnel Development) (2015) Zero Hours and Short Hours Contracts in the UK: Employer and Employee Perspectives. Policy Report. CIPD: London.Google Scholar
Cohen, G. A. (2002) Karl Marx’s Theory of History: a Defence, 2nd Edition. Princeton, NJ: Princeton University Press.Google Scholar
Cole, M. (2007) Re-thinking Unemployment: A Challenge to the Legacy of Jahoda et al. Sociology 41(6): 11331149.CrossRefGoogle Scholar
Cole, M. (2008) Sociology Contra Government? The Contest for the Meaning of Unemployment in UK Policy Debates. Work, Employment and Society 22(1): 2743.CrossRefGoogle Scholar
Coutts, A. P., Stuckler, D. and Cann, D. J. (2014) The Health and Wellbeing Effects of Active Labor Market Programs. Wellbeing 6:2(13):118.Google Scholar
Creed, P. A. and Macintyre, S. R. (2001) The Relative Effects of Deprivation of the Latent and Manifest Benefits of Employment on the Well-being of Unemployed People. Journal of Occupational Health Psychology 6:(4): 324331.CrossRefGoogle ScholarPubMed
De Jonge, J. and Schaufeli, W. (1998). Job Characteristics and Employee Well-Being: A Test of Warr’s Vitamin Model in Health Care Workers Using Structural Equation Modelling. Journal of Organizational Behavior 19(4): 387407.3.0.CO;2-9>CrossRefGoogle Scholar
De Witte, H. (2005) Job Insecurity: Review of the International Literature on Definitions, Prevalence, Antecedents and Consequences. Journal of Industrial Psychology 4: 16Google Scholar
De Witte, H., De Cuyper, N., Handaja, Y., Sverke, M., Näswall, K. and Hellgren, J. (2010) Associations Between Quantitative and Qualitative Job Insecurity and Well-being. International Studies in Management Organisations 40(1): 4056.Google Scholar
Ezzy, D. (1993) Unemployment and Mental Health: A Critical Review. Social Science and Medicine 37(1): 4152.CrossRefGoogle ScholarPubMed
Fagin, L. and Little, M. (1984) The Forsaken Families. Harmondsworth: Penguin.Google Scholar
Flecker, J. (2016) (Ed) Changing Working Life and the Appeal of the Extreme Right. Abingdon: Routledge.CrossRefGoogle Scholar
Frey, C. B. and Osborne, M. (2016) Technology at Work v2.0: The Future Is Not What It Used to Be. Citi GPS: Global Perspectives and Solutions.Google Scholar
Fryer, D. (1986) Employment Deprivation and Personal Agency During Unemployment: A Critical Discussion of Jahoda’s Explanation of the Psychological Effects of Unemployment. Social Behaviour 1: 324.Google Scholar
Fryer, D. (2013) Labour Market Disadvantage, Deprivation and Mental Health. In (Eds) Wolff, C., Drenth, P. J. D and Henk, T. Handbook of Work and Organizational Psychology, Vol 2. Hove: Pychology Press Ltd.Google Scholar
Gallie, D., Felstead, A., Green, F. and Inanc, H. (2016) The Hidden Face of Job Insecurity. Work, Employment and Society. 26(5): 806–821.Google Scholar
Giddens, A. (1976) New Rules of Sociological Method: A Positive Critique of Interpretative Sociologies. London: HutchinsonGoogle Scholar
Giddens, A. (1979). Central Problems in Social Theory: Action, Structure, and Contradiction in Social Analysis. Los Angeles, CA: University of California Press.CrossRefGoogle Scholar
Githens-Mazer, J. (2008) Islamic Radicalisation Among North Africans in Britain. British Journal of Politics and International Relations 10(4): 550570.CrossRefGoogle Scholar
Golden, L. (2005) The Flexibility Gap: Employee Access to Flexibility in Work Schedules. In (Ed) Zeytinoglu, I. U. Flexibility in Workplaces: Effects on Workers, Work Environment and the Unions. Geneva: International Industrial Relations Association and International Labour Organisation, 3856.Google Scholar
Gonzo, W. and Plattner, I. E. (2003). Unemployment in an African Country: A Psychological Perspective. Windhoek, Namibia: University of Namibia Press.Google Scholar
Greenhalgh, L. and Rosenblatt, Z. (1984) Job Insecurity: Toward Conceptual Clarity. Academy of Management Review 9(3): 438448.CrossRefGoogle Scholar
Hagan, J. (1994) Crime and Disrepute. Thousand Oaks, CA: Pine Forge Press.CrossRefGoogle Scholar
Henly, J. R. and Lambert, S. J. (2014) Unpredictable Work Timing in Retail Jobs Implications for Employee Work–Life Conflict. ILR Review 67(3): 9861016.CrossRefGoogle Scholar
Hyman, J., Scholarios, D. and Baldry, C. (2005) Getting On or Getting By? Employee Flexibility and Coping Strategies for Home and Work. Work, Employment and Society 19(4): 705725.CrossRefGoogle Scholar
Jahoda, M. (1981) Work, Employment, and Unemployment: Values, Theories, and Approaches in Social Research. American Psychologist 36(2): 184191.CrossRefGoogle Scholar
Jahoda, M. (1982) Employment and Unemployment: A Social-Psychological Analysis. Cambridge: Cambridge University Press.Google Scholar
Jahoda, M. (1986) In Defence of a Non-reductionist Social Psychology. Social Behaviour 1: 25–29.Google Scholar
Jahoda, M. (1987) Unemployed Men at Work. In Fryer, D. and Ullah, P. (Eds) Unemployed People: Social and Psychological Perspectives. Milton Keynes: Open University Press.Google Scholar
Jahoda, M. (1992) Reflections on Marienthal and After. Journal of Occupational and Organizational Psychology 65(4): 355358.CrossRefGoogle Scholar
Kirk, J. and Wall, C. (2010) Work and Identity: Historical and Cultural Contexts. Basingstoke: Palgrave Macmillan.Google Scholar
Lambert, S. J. (2008) Passing the Buck: Labor Flexibility Practices That Transfer Risk onto Hourly Workers. Human Relations 61(9): 12031227.CrossRefGoogle Scholar
Lambert, S. J, Haley-Lock, A. and Henly, J. R. (2012) Schedule Flexibility in Hourly Jobs: Unanticipated Consequences and Promising Directions. Community, Work and Family 15(3): 293315.CrossRefGoogle Scholar
Lampard, R. (1994) An Examination of the Relationship Between Martial Dissolution and Unemployment. In (Eds) Gallie, D., Marsh, C. and Volger, C. Social Change and the Experience of Unemployment. Oxford: Oxford University Press.Google Scholar
McCrate, E., Lambert, S. and Henly, J. R. (2012) Schedule Instability and Unpredictability as Sources of Underemployment Among Hourly Workers in Canada. Paper presented at the Work and Family Researchers Network Conference, New York.Google Scholar
McKee-Ryan, F. L., Song, Z., Wanberg, C. R. and Kinicki, A. J. Psychological and Physical Well-being During Unemployment: A Meta-analytic Study. Journal of Applied Psychology 90(1): 5376.CrossRefGoogle Scholar
Muller, J. J., Creed, P. A., Waters, L. E. and Machin, M. A (2005) The Development and Preliminary Testing of a Scale to Measure the Latent and Manifest Benefits of Employment. European Journal of Psychological Assessment 21(3): 191198.CrossRefGoogle Scholar
Muller, J. J. and Waters, L. E. (2012) A Review of the Latent and Manifest Benefits (LAMB) Scale. Australian Journal of Career Development 21(1): 3137.CrossRefGoogle Scholar
Nordenmark, M. and Strandh, M. (1999) Towards a Sociological Understanding of Mental Well-Being Among the Unemployed: The Role of Economic and Psychosocial Factors. Sociology 33(3): 577597Google Scholar
Oesch, D. (2008) Explaining Workers’ Support for Right-Wing Populist Parties in Western Europe: Evidence from Austria, Belgium, France, Norway, and Switzerland. International Political Science Review 29(3): 349373.CrossRefGoogle Scholar
ONS (Office for National Statistics) (2016) Contracts That Do Not Guarantee a Minimum Number of Hours: March 2016. London: Office for National Statistics.Google Scholar
Parent-Thirion, A., Vermeylen, G., van Houten, G., Lyly-Yrjänäinen, M., Biletta, I. and Cabrita, J. (2012) Fifth European Working Conditions Survey – Overview Report. Brussels: Eurofound.Google Scholar
Patel, V. and Kleinman, A. (2003) Poverty and Common Mental Disorders in Developing Countries. Bulletin of the World Health Organization 81(8): 609615.Google ScholarPubMed
Paul, K. I. and Batinic, B. (2009) The Need for Work: Jahoda’s Latent Functions of Employment in a Representative Sample of the German Population. Journal of Organizational Behavior 31(1): 4564.CrossRefGoogle Scholar
Paul, K. I. and Moser, K. (2009) Unemployment Impairs Mental Health: Meta-analyses. Journal of Vocational Behavior 74(3): 264282.CrossRefGoogle Scholar
Powdthavee, N. (2007) Are There Geographical Variations in the Psychological Cost of Unemployment in South Africa? Social Indicators Research 80(3): 629652.CrossRefGoogle Scholar
Rubery, J., Ward, K., Grimshaw, D. and Beynon, H. (2005) Working Time, Industrial Relations and the Employment Relationship. Time and Society 14(1): 89110.CrossRefGoogle Scholar
Sahlins, M. (1974) Stone Age Economics. Hawthorne, NY: Walter de Gruyter.Google Scholar
Selenko, E., Batnic, B. and Paul, K. (2011) Does Latent Deprivation Lead to Psychological Distress? Investigating Jahoda’s Model in a Four-Wave Study. Journal of Occupational and Organizational Psychology 84(4): 723740.CrossRefGoogle Scholar
Smith, M., Piasna, A., Burchell, B., et al. (2013) Women, Men and Working Conditions in Europe. Luxembourg: Publications Office of the European Union.Google Scholar
Standing, G. (1999) Global Labour Flexibility: Seeking Distributive Justice. Basingstoke: Palgrave MacmillanCrossRefGoogle Scholar
Standing, G. (2014) The Precariat: The New Dangerous Class. London: Bloomsbury.CrossRefGoogle Scholar
Strandh, M. (2000) Different Exit Routes from Unemployment and Their Impact on Mental Well-being: The Role of the Economic Situation and the Predictability of the Life Course. Work, Employment and Society 14(3): 459479.CrossRefGoogle Scholar
Wanberg, C., Griffiths, R. and Gavin, M. (1997) Time Structure and Unemployment: A Longitudinal Investigation. Journal of Occupational and Organisational Psychology 70(1): 7595.CrossRefGoogle Scholar
Warr, P. (1987) Work Unemployment and Mental Health. Oxford: Oxford University Press.Google Scholar
Warr, P. (1999) Well-being and the Workplace. In (Eds) Kahneman, D., Diener, E. and Schwarz, N. Well-being: The Foundations of Hedonic Psychology. New York: Russell Sage Foundation.Google Scholar
Waters, L. and Moore, K. (2002). Reducing Latent Deprivation During Unemployment: The Role of Meaningful Leisure Activity. Journal of Occupational and Organizational Psychology 75(1): 1532.CrossRefGoogle Scholar
Watt, N. (2014) Embattled Miliband Vows to Challenge Britain’s ‘Zero-Zero’ Economy. The Guardian 12 November 2014. www.theguardian.com/politics/2014/nov/12/miliband-fightback-labour-victims-zero-zero-britain.Google Scholar
Wood, A. J. (2016) Flexible Scheduling: Degradation of Job Quality and Barriers to Collective Voice. Human Relations 69(10): 19892010.CrossRefGoogle Scholar
Wood, A. J. and Burchell, B. J. (2014) Zero Hour Contracts as a Source of Job Insecurity. Report Submitted to the UK Government Department of Business Innovation and Skills Consultation on Zero Hour Contracts. Cambridge: University of Cambridge Individual in the Labour Market Research Group Reports.Google Scholar
Wood, A. J. and Burchell, B. J. (2015) Zero Hours Employment: A New Temporality of Capitalism? Reviews and Critical Commentary (CritCom), September. http://councilforeuropeanstudies.org/critcom/zero-hours-employment-a-new-temporality-of-capitalism/Google Scholar
Wright, E. O. (2010) Envisioning Real Utopias. London: Verso.Google Scholar
Wyatt, I. D. and Hecker, D. E. (2006) Occupational Changes During the 20th Century. Monthly Labor Review. March: 35–57.Google Scholar

8.7 References

Allen, E. S., Baucom, D. H., Burnett, C. K., Epstein, N., and Rankin-Esquer, L. A. (2001). Decision-Making Power, Autonomy, and Communication in Remarried Spouses Compared with First-Married Spouses. Family Relations, 50(4), 326334. doi:10.1111/j.1741-3729.2001.00326.xCrossRefGoogle Scholar
Ambler, K. (2016). Bargaining with Grandma: The Impact of the South African Pension on Household Decision Making. Journal of Human Resources, 51(4), 900932. doi: 10.3368/jhr.51.4.0314-6265R1CrossRefGoogle Scholar
Antman, F. M. (2014). Spousal Employment and Intra-household Bargaining Power. Applied Economics Letters, 21(8), 560563. doi:10.1080/13504851.2013.875101CrossRefGoogle ScholarPubMed
Antonides, G., and van Raaij, F. (1998). Consumer Behaviour: A European Perspective. Chichester: Wiley.Google Scholar
Ashby, K., and Burgoyne, C. (2005). Independently Together: An Exploratory Study of Money Management in Cohabiting Couples. Paper presented at the 30th Annual Congress: International Association for Research in Economic Psychology: Absurdity in the Economy, Prague, Czech Republic.Google Scholar
Ashby, K., and Burgoyne, C. (2008). Separate Financial Entities? Beyond Categories of Money Management. Journal of Socio-Economics, 37(2), 458480. doi:http://dx.doi.org/10.1016/j.socec.2006.12.035CrossRefGoogle Scholar
Ashby, K., and Burgoyne, C. (2009). The Financial Practices and Perceptions Behind Separate Systems of Household Financial Management. Journal of Socio-Economics, 38(3), 519529.CrossRefGoogle Scholar
Avellar, S., and Smock, P. J. (2005). The Economic Consequences of the Dissolution of Cohabiting Unions. Journal of Marriage and Family, 67(2), 315327.CrossRefGoogle Scholar
Barlow, A. (2008). Cohabiting Relationships, Money and Property: The Legal Backdrop. Journal of Socio-Economics, 37(2), 502518.CrossRefGoogle Scholar
Barlow, A., Burgoyne, C., Clery, E., and Smithson, J. (2008). Cohabitation and the Law: Myths, Money and the Media. British Social Attitudes, 24, 29.CrossRefGoogle Scholar
Barlow, A., Duncan, S., James, G., and Park, A. (2001). Just a Piece of Paper? Marriage and Cohabitation. British Social Attitudes, 2958.CrossRefGoogle Scholar
Becker, G. S. (1973). A Theory of Marriage: Part I. Journal of Political Economy, 813846.CrossRefGoogle Scholar
Belch, M. A., and Willis, L. A. (2002). Family Decision at the Turn of the Century: Has the Changing Structure of Households Impacted the Family Decision-Making Process? Journal of Consumer Behaviour, 2(2), 111124. doi:10.1002/cb.94CrossRefGoogle Scholar
Belk, R. W. (2014). You Are What You Can Access: Sharing and Collaborative Consumption Online. Journal of Business Research, 67(8), 15951600. doi: dx.doi.org/10.1016/j.jbusres.2013.10.001CrossRefGoogle Scholar
Bennett, F. (2013). Researching Within-Household Distribution: Overview, Developments, Debates, and Methodological Challenges. Journal of Marriage and Family, 75(3), 582597.CrossRefGoogle Scholar
Berghammer, C. (2014). The Return of the Male Breadwinner Model? Educational Effects on Parents’ Work Arrangements in Austria, 1980–2009. Work, Employment and Society, 28(4), 611632.CrossRefGoogle Scholar
Bisdee, D., Daly, T., and Price, D. (2013). Behind Closed Doors: Older Couples and the Gendered Management of Household Money. Social Policy and Society, 12(1), 163.CrossRefGoogle Scholar
Bonke, J. (2008). Income Distribution and Financial Satisfaction Between Spouses in Europe. Journal of Socio-Economics, 37(6), 22912303.CrossRefGoogle Scholar
Bramlett, M. D., and Mosher, W. D. (2001). First Marriage Dissolution, Divorce, and Remarriage. Retrieved from www.cdc.gov/nchs/data/ad/ad323.pdfGoogle Scholar
Brasel, S. A., and Gips, J. (2014). Tablets, Touchscreens, and Touchpads: How Varying Touch Interfaces Trigger Psychological Ownership and Endowment. Journal of Consumer Psychology, 24(2), 226233. doi:10.1016/j.jcps.2013.10.003CrossRefGoogle Scholar
Brough, A. R., and Isaac, M. S. (2012). Finding a Home for Products We Love: How Buyer Usage Intent Affects the Pricing of Used Goods. Journal of Marketing, 76(4), 7891. doi:10.1509/jm.11.0181CrossRefGoogle Scholar
Browning, M., and Gørtz, M. (2012). Spending Time and Money Within the Household. Scandinavian Journal of Economics, 114(3), 681704. doi:10.1111/j.1467-9442.2012.01711.xCrossRefGoogle Scholar
Bureau of Labor Statistics. (2015). Women in the Labor Force: A Databook. Retrieved from www.bls.gov/opub/reports/womens-databook/archive/women-in-the-labor-force-a-databook-2015.pdfGoogle Scholar
Burgoyne, C. (1990). Money in Marriage: How Patterns of Allocation Both Reflect and Conceal Power. Sociological Review, 38(4), 634665.CrossRefGoogle Scholar
Burgoyne, C. (2004). Heart-Strings and Purse-Strings: Money in Heterosexual Marriage. Feminism and Psychology, 14(1), 165172.CrossRefGoogle Scholar
Burgoyne, C., Clarke, V., and Burns, M. (2011). Money Management and Views of Civil Partnership in Same-Sex Couples: Results from a UK Survey of Non-Heterosexuals. Sociological Review, 59(4), 685706.CrossRefGoogle Scholar
Burgoyne, C., Clarke, V., Reibstein, J., and Edmunds, A. (2006). ‘All My Worldly Goods I Share with You?’ Managing Money at the Transition to Heterosexual Marriage. Sociological Review, 54(4), 619637.CrossRefGoogle Scholar
Burgoyne, C., and Lewis, A. (1994). Distributive Justice in Marriage: Equality or Equity? Journal of Community and Applied Social Psychology, 4, 101114.CrossRefGoogle Scholar
Burgoyne, C., and Morison, V. (1997). Money in Remarriage: Keeping Things Simple – and Separate. Sociological Review, 45, 363395.CrossRefGoogle Scholar
Burgoyne, C., Reibstein, J., Edmunds, A., and Dolman, V. (2007). Money Management Systems in Early Marriage: Factors Influencing Change and Stability. Journal of Economic Psychology, 28(2), 214228.CrossRefGoogle Scholar
Burgoyne, C., and Routh, D. (2001). Beliefs About Financial Organization in Marriage: The ‘Equality Rules OK’ Norm? Zeitschrift für Sozialpsychologie, 32(3), 162170.CrossRefGoogle Scholar
Burns, M., Burgoyne, C., and Clarke, V. (2008). Financial Affairs? Money Management in Same-Sex Relationships. Journal of Socio-Economics, 37(2), 481501.CrossRefGoogle Scholar
Carlsson, F., Martinsson, P., Qin, P., and Sutter, M. (2013). The Influence of Spouses on Household Decision Making Under Risk: An Experiment in Rural China. Experimental Economics, 16(3), 383401. doi:10.1007/s10683-012-9343-7CrossRefGoogle Scholar
Casimir, G. J., and Tobi, H. (2011). Defining and Using the Concept of Household: A Systematic Review. International Journal of Consumer Studies, 35(5), 498506.CrossRefGoogle Scholar
Commuri, S., and Gentry, J. W. (2005). Resource Allocation in Households with Women as Chief Wage Earners. Journal of Consumer Research, 32(2), 185195.CrossRefGoogle Scholar
Cory, G., and Stirling, A. (2015). Who’s Breadwinning in Europe?: A Comparative Analysis of Maternal Breadwinning in Great Britain and Germany: London: Institute for Public Policy Research.Google Scholar
Cunningham, M. (2008). Changing Attitudes Toward the Male Breadwinner, Female Homemaker Family Model: Influences of Women’s Employment and Education over the Lifecourse. Social Forces, 87(1), 299323.CrossRefGoogle Scholar
Curtis, R. F. (1986). Household and Family in Theory on Inequality. American Sociological Review, 168183.CrossRefGoogle Scholar
Davis, H. L., and Rigaux, B. (1974). Perception of Marital Roles in Decision Processes. Journal of Consumer Research, 1(1), 5162. doi:10.2307/2488954CrossRefGoogle Scholar
Donnelly, G., Iyer, R., and Howell, R. T. (2012). The Big Five Personality Traits, Material Values, and Financial Well-being of Self-Described Money Managers. Journal of Economic Psychology, 33(6), 11291142. doi:10.1016/j.joep.2012.08.001CrossRefGoogle Scholar
Duncan, S. (2015). Women's Agency in Living Apart Together: Constraint, Strategy and Vulnerability. The Sociological Review, 63(3), 589–607.CrossRefGoogle Scholar
Elizabeth, V. (2001). Managing Money, Managing Coupledom: A Critical Examination of Cohabitants’ Money Management Practices. Sociological Review, 49(3), 389411.CrossRefGoogle Scholar
Eurostat. (2015). People in the EU – Statistics on Household and Family Structures. Retrieved from ec.europa.eu/eurostat/statistics-explained/index.php/People_in_the_EU_%E2%80%93_who_are_we_and_how_do_we_live%3FGoogle Scholar
Evertsson, L., and Nyman, C. (2014). Perceptions and Practices in Independent Management: Blurring the Boundaries Between ‘Mine’, ‘Yours’ and ‘Ours’. Journal of Family and Economic Issues, 35(1), 6580.CrossRefGoogle Scholar
Flurry, L. A. (2007). Children’s Influence in Family Decision-Making: Examining the Impact of the Changing American Family. Journal of Business Research, 60(4), 322330.CrossRefGoogle Scholar
Ford, J. B., LaTour, M. S., and Henthorne, T. L. (1995). Perception of Marital Roles in Purchase Decision Processes: A Cross-cultural Study. Journal of the Academy of Marketing Science, 23(2), 120131. doi:10.1177/0092070395232004CrossRefGoogle Scholar
Ganesh, G. (1997). Spousal Influence in Consumer Decisions: A Study of Cultural Assimilation. Journal of Consumer Marketing, 14(2), 132155. doi:doi:10.1108/07363769710166765CrossRefGoogle Scholar
Gottman, J. M. (2014). What Predicts Divorce? The Relationship Between Marital Processes and Marital Outcomes: Hove, East Sussex: Psychology Press.CrossRefGoogle Scholar
Harper, R. (2006). Inside the Smart Home: Springer Science and Business Media.Google Scholar
Hindin, M. J. (2000). Women’s Poer and Anthropometric Status in Zimbabwe. Social Science and Medicine, 51(10), 15171528. doi:http://dx.doi.org/10.1016/S0277-9536(00)00051-4CrossRefGoogle Scholar
Hirai, M., Graham, J. P., and Sandberg, J. (2016). Understanding Women’s Decision Making Power and Its Link to Improved Household Sanitation: The Case of Kenya. Journal of Water Sanitation and Hygiene for Development, 6(1), 151160.CrossRefGoogle Scholar
Iacovou, M., and Skew, A. J. (2011). Household Composition Across the New Europe: Where Do the New Member States Fit In? Demographic Research, 25, 465490.CrossRefGoogle Scholar
James, S. (1996). Female Household Investment Strategy in Human and Non-Human Capital with the Risk of Divorce. Journal of Divorce & Remarriage, 25(1/2), 151167.CrossRefGoogle Scholar
Kamleitner, B., Mengay, T., and Kirchler, E. (2017). Financial Decisions in the Household. In Altman, M. (Ed.), Handbook of Behavioral Economics and Smart Decision-Making: Rational Decision-Making Within the Bounds of Reason (pp. 349–365). Northhampton: Edward Elgar.Google Scholar
Kamleitner, B., and Rabinovich, A. (2009, October 22–25). Mine Versus Ours: Does It Matter? Paper presented at the Association for Consumer Research (ACR), Pittsburgh, PA.Google Scholar
Kamleitner, B., and Rabinovich, A. (2010). Mine Versus Ours: Does It Matter? In Campbell, M. C, Inman, J., and Pieters, R. (Eds.), Advances in Consumer Research (37, pp. 8788). Duluth MN: Association for Consumer Research.Google Scholar
Kennedy, S., and Bumpass, L. (2008). Cohabitation and Children’s Living Arrangements: New Estimates from the United States. Demographic Research, 19, 1663.CrossRefGoogle ScholarPubMed
Kiernan, K., and Estaugh, E. (1993). Cohabitation, Extra-marital Child-bearing and Social Policy. London: Joseph Rowntree Foundation/Family Policy Studies Centre.Google Scholar
Kins, E., Beyers, W., Soenens, B., and Vansteenkiste, M. (2009). Patterns of Home Leaving and Subjective Well-being in Emerging Adulthood: The Role of Motivational Processes and Parental Autonomy Support. Developmental Psychology, 45(5), 1416.CrossRefGoogle ScholarPubMed
Kirchler, E., Rodler, C., Hölzl, E., and Meier, K. (2001). Conflict and Decision-Making in Close Relationships: Love, Money and daily routines. Hove, East Sussex: Psychology Press.Google Scholar
Knowles, J. A. (2013). Why Are Married Men Working So Much? An Aggregate Analysis of Intra-household Bargaining and Labour Supply. Review of Economic Studies, 80(3), 10551085. doi:10.1093/restud/rds043CrossRefGoogle Scholar
Lakshmi, P. V., and Murugan, M. S. (2008). The Influence of Marital Roles on Product Purchase Decision Making. ICFAI Journal of Consumer Behavior, 3(1), 6677. Retrieved from search.ebscohost.com/login.aspx?direct=true&db=buh&AN=31197961&site=ehost-liveGoogle Scholar
Laurie, H., and Rose, D. (1994). Divisions and Allocations Within Households. Changing Households: The British Household Panel Survey. Colchester: University of Essex.Google Scholar
Lindsey, L. L. (2015). Gender Roles: A Sociological Perspective. Abingdon, Oxon: Routledge.CrossRefGoogle Scholar
Lise, J., and Seitz, S. (2011). Consumption Inequality and Intra-household Allocations. Review of Economic Studies, 78(1), 328355.CrossRefGoogle Scholar
Malone, K., Stewart, S. D., Wilson, J., and Korsching, P. F. (2010). Perceptions of Financial Well-being Among American Women in Diverse Families. Journal of Family and Economic Issues, 31(1), 6381.CrossRefGoogle Scholar
Manacorda, M., and Moretti, E. (2006). Why Do Most Italian Youths Live with Their Parents? Intergenerational Transfers and Household Structure. Journal of the European Economic Association, 4(4), 800829.CrossRefGoogle Scholar
Maume, D. J., and Ruppanner, L. (2015). State Liberalism, Female Supervisors, and the Gender Wage Gap. Social Science Research, 50, 126138.CrossRefGoogle ScholarPubMed
McGonagle, K. A., Kessler, R. C., and Schilling, E. A. (1992). The Frequency and Determinants of Marital Disagreements in a Community Sample. Journal of Social and Personal Relationships, 9(4), 507524.CrossRefGoogle Scholar
Meier, K., Kirchler, E., and Hubert, A.-C. (1999). Savings and Investment Decisions Within Private Households: Spouses’ Dominance in Decisions on Various Forms of Investment. Journal of Economic Psychology, 20(5), 499519. Retrieved from www.sciencedirect.com/science/article/B6V8H-3XK6XF6-1/2/100fd47a6996739ef01560a17ccef2bcCrossRefGoogle Scholar
Mills, M., Rindfuss, R. R., McDonald, P., and Te Velde, E. (2011). Why Do People Postpone Parenthood? Reasons and Social Policy Incentives. Human Reproduction Update, 17(6), 848860.CrossRefGoogle ScholarPubMed
Mykyta, L., and Macartney, S. (2012). Sharing a Household: Household Composition and Economic Well-being: 2007–2010. Current Population Report, US Census Bureau. June.Google Scholar
Norvilitis, J. M., Merwin, M. M., Osberg, T. M., Roehling, P. V., Young, P., and Kamas, M. M. (2006). Personality Factors, Money Attitudes, Financial Knowledge, and Credit-Card Debt in College Students. Journal of Applied Social Psychology, 36(6), 13951413. doi:10.1111/j.0021-9029.2006.00065.xCrossRefGoogle Scholar
Nyman, C. (1999). Gender Equality in ‘the Most Equal Country in the World’? Money and Marriage in Sweden. Sociological Review, 47(4), 766793.CrossRefGoogle Scholar
Nyman, C., Reinikainen, L., and Stocks, J. (2013). Reflections on a Cross-National Qualitative Study of Within-Household Finances. Journal of Marriage and Family, 75(3), 640650.CrossRefGoogle Scholar
Pahl, J. (1989). Money and Marriage. London: Macmillan.CrossRefGoogle Scholar
Pahl, J. (1995). His Money, Her Money: Recent Research on Financial Organisation in Marriage. Journal of Economic Psychology, 16(3), 361376. Retrieved from www.sciencedirect.com/science/article/B6V8H-3Y5FPV4-B/2/60ef7d5e9db47263735edeb696355f0eCrossRefGoogle Scholar
Pahl, J. (2005). Individualisation in Couple Finances: Who Pays for the Children? Social Policy and Society, 4(04), 381391.CrossRefGoogle Scholar
Pahl, J. (2008). Family Finances, Individualisation, Spending Patterns and Access to Credit. Journal of Socio-Economics, 37(2), 577591. Retrieved from www.sciencedirect.com/science/article/B6W5H-4N3GNWS-1/2/97234dcf7440af3761b7e955e06deb82CrossRefGoogle Scholar
Pew Research Center. (2010). The Return of the Multi-Generational Family Household. Retrieved from www.pewsocialtrends.org/files/2010/10/752-multi-generational-families.pdfGoogle Scholar
Pew Research Center. (2015). Gay Marriage Around the World. Retrieved from www.pewforum.org/2015/06/26/gay-marriage-around-the-world-2013/Google Scholar
Pierce, J. L., and Jussila, I. (2010). Collective Psychological Ownership Within the Work and Organizational Context: Construct Introduction and Elaboration. Journal of Organizational Behavior, 31(6), 810834. doi:Doi 10.1002/Job.628CrossRefGoogle Scholar
Pierce, J. L., Kostova, T., and Dirks, K. T. (2003). The State of Psychological Ownership: Integrating and Extending a Century of Research. Review of general Psychology, 7(1), 84107. Retrieved from <Go to ISI>://000181503400005CrossRefGoogle Scholar
Qian, N. (2008). Missing Women and the Price of Tea in China: The Effect of Sex-Specific Earnings on Sex Imbalance. Quarterly Journal of Economics, 123(3), 1251–1285.CrossRefGoogle Scholar
Raijas, A. (2011). Money Management in Blended and Nuclear Families. Journal of Economic Psychology, 32(4), 556563. doi:dx.doi.org/10.1016/j.joep.2011.02.006CrossRefGoogle Scholar
Reibstein, J., and Richards, M. P. M. (1993). Sexual Arrangements: Marriage and the Temptation of Infidelity. New York, NY: Scribners.Google Scholar
Reiss, M. C., and Webster, C. (1997). Relative Influence In Purchase Decision Making: Married, Cohabitating, and Homosexual Couples. Advances in Consumer Research, 24(1), 42–47.Google Scholar
Scheibehenne, B., Todd, P. M., and Mata, J. (2011). Older but Not Wiser – Predicting a Partner’s Preferences Gets Worse with Age. Journal of Consumer Psychology, 21(2), 184191.CrossRefGoogle Scholar
Schneebaum, A., and Mader, K. (2013). The Gendered Nature of Intra-household Decision Making in and Across Europe. Department of Economics Working Paper Series. Vienna: WU Vienna University of Economics and Business.Google Scholar
Singh, S., and Bhandari, M. (2012). Money Management and Control in the Indian Joint Family Across Generations. Sociological Review, 60(1), 4667.CrossRefGoogle Scholar
Singh, S., and Morley, C. (2011). Gender and Financial Accounts in Marriage. Journal of Sociology, 47(1), 316.CrossRefGoogle Scholar
Solnick, S. J. (2001). Gender Differences in the Ultimatum Game. Economic Inquiry, 39(2), 189.CrossRefGoogle Scholar
Solomon, S. E., Rothblum, E. D., and Balsam, K. F. (2005). Money, Housework, Sex, and Conflict: Same-Sex Couples in Civil Unions, Those not in Civil Unions, and Heterosexual Married Siblings. Sex Roles, 52(9–10), 561575.CrossRefGoogle Scholar
Sonnenberg, S. J., Burgoyne, C. B., and Routh, D. A. (2011). Income Disparity and Norms Relating to Intra-household Financial Organisation in the UK: A Dimensional Analysis. Journal of Socio-Economics, 40(5), 573582.CrossRefGoogle Scholar
Steinführer, A., and Haase, A. (2009). Flexible-inflexible: Socio-demographic, Spatial and Temporal Dimensions of Flat Sharing in Leipzig (Germany). GeoJournal, 74(6), 567587. doi:10.1007/s10708-008-9248-3CrossRefGoogle Scholar
Sultana, A. (2011). Factors Effect on Women Autonomy and Decision-Making Power Within the Household in Rural Communities. Journal of Applied Sciences Research, 7(1), 1822.Google Scholar
Sweeney, M. M. (2010). Remarriage and Stepfamilies: Strategic Sites for Family Scholarship in the 21st Century. Journal of Marriage and Family, 72(3), 667684.CrossRefGoogle Scholar
Taylor, P., Passel, J., Fry, R., et al. (2010). The Return of the Multi-Generational Family Household. Washington, DC: Pew Research Center.Google Scholar
Tichenor, V. (2005). Maintaining Men’s Dominance: Negotiating Identity and Power When She Earns More. Sex Roles, 53(3–4), 191205.CrossRefGoogle Scholar
United Nations. (2016). Households and Families. Retrieved from unstats.un.org/unsd/demographic/sconcerns/fam/fammethods.htmGoogle Scholar
van Eeden-Moorefield, B., Pasley, K., Dolan, E. M., and Engel, M. (2007). From Divorce to Remarriage: Financial Management and Security Among Remarried Women. Journal of Divorce & Remarriage, 47(3–4), 2142.CrossRefGoogle Scholar
van Raaij, W. F. (2016). Money Management Understanding Consumer Financial Behavior: Money Management in an Age of Financial Illiteracy. New York: Palgrave Macmillan US.Google Scholar
Vogler, C., Brockmann, M., and Wiggins, R. D. (2006). Intimate Relationships and Changing Patterns of Money Management at the Beginning of the Twenty-First Century. British Journal of Sociology, 57(3), 455482.CrossRefGoogle ScholarPubMed
Vogler, C., Brockmann, M., and Wiggins, R. D. (2008a). Managing Money in New Heterosexual Forms of Intimate Relationships. Journal of Socio-Economics, 37(2), 552576. doi: dx.doi.org/10.1016/j.socec.2006.12.039CrossRefGoogle Scholar
Vogler, C., Lyonette, C., and Wiggins, R. D. (2008b). Money, Power and Spending Decisions in Intimate Relationships. Sociological Review, 56(1), 117143.CrossRefGoogle Scholar
Webley, P., Burgoyne, C., Lea, S. E. G., and Young, B. M. (2001). The Economic Psychology of Everyday Life. Hove, East Sussex: Psychology Press.Google Scholar
Weeks, J., Heaphy, B., and Donovan, C. (2001). Same Sex Intimacies: Families of Choice and Other Life Experiments. Hove, East Sussex: Psychology Press.Google Scholar
Wilkes, R. E., and Laverie, D. A. (2007). Purchasing Decisions in Non-Traditional Households: The Case of Lesbian Couples. Journal of Consumer Behaviour, 6(1), 6073.CrossRefGoogle Scholar
Xia, Y., Ahmed, Z. U., Ghingold, M., Hwa, N. K., Li, T. W., and Ying, W. T. C. (2006). Spousal Influence in Singaporean Family Purchase Decision-Making Process: A Cross-cultural Comparison. Asia Pacific Journal of Marketing and Logistics, 18(3), 201222. doi:10.1108/13555850610675661CrossRefGoogle Scholar

9.7 References

Anand, P. and Cowton, C. J. (1993). The Ethical Investor: Exploring Dimensions of Investment Behaviour. Journal of Economic Psychology, 14, 377385.CrossRefGoogle Scholar
Anderson, D. (1996). What Has ‘Ethical Investment’ to Do with Ethics? London: Social Affairs Unit.Google Scholar
Baker, J. C., Domm, D. R., Roth, H. J. and Ryans, J. K., Jr. (1974). Institutional Investor Attitudes Toward Corporate Social Responsibility. Arkansas Business and Economic Review, 7, 1420.Google Scholar
Berry, T. C. and Junkus, J. C. (2013). Socially Responsible Investing: An Investor Perspective. Journal of Business Ethics, 112, 707720.CrossRefGoogle Scholar
Boatright, J. (1999). Ethics in Finance. Malden, MA: Blackwell.Google Scholar
Bruyn, S. T. (1987). The Field of Social Investment. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
Capelle-Blancard, G. and Monjon, S. (2012). Trends in the Literature on Socially Responsible Investment: Looking for the Keys Under the Lamppost. Business Ethics: A European Review, 21, 239250.CrossRefGoogle Scholar
Cooper, M. and Schlegelmilch, B. B. (1993). Key Issues in Ethical Investment. Business Ethics: A European Review, 2, 213227.CrossRefGoogle Scholar
Cowton, C. J. (1992). The Ethics of Advertising: Do Investors Care? International Journal of Advertising, 11, 157164.CrossRefGoogle Scholar
Cowton, C. J. (1993). Peace Dividends: The Exclusion of Military Contractors from Investment Portfolios. Journal of Peace Research, 30, 2128.CrossRefGoogle Scholar
Cowton, C. J. (1994). The Development of Ethical Investment Products. In Prindl, A. R. and Prodhan, B. (Eds.), Ethical Conflicts in Finance: 213232. Oxford: Blackwell.CrossRefGoogle Scholar
Cowton, C. J. (1999a). Accounting and Financial Ethics: From Margin to Mainstream? Business Ethics: A European Review, 8, 99107.CrossRefGoogle Scholar
Cowton, C. J. (1999b). Playing by the Rules: Ethical Criteria at an Ethical Investment Fund. Business Ethics: A European Review, 8, 6069.CrossRefGoogle Scholar
Cowton, C. J. (2004). Managing Financial Performance at an Ethical Investment Fund. Accounting, Auditing and Accountability Journal, 17, 249275.CrossRefGoogle Scholar
Cowton, C. J. and Sandberg, J. (2012). Socially Responsible Investment. In Chadwick, R. (Ed.), Encyclopedia of Applied Ethics, 2nd Edition: 142151. San Diego, CA: Academic Press.CrossRefGoogle Scholar
Cullis, J. G., Lewis, A. and Winnett, A. (1992). Paying to Be Good? U.K. Ethical Investments. Kyklos, 45, 324.CrossRefGoogle Scholar
Czerwonka, M. (2014). The Influence of Religion on Socially Responsible Investing. Journal of Religion and Business Ethics, 3, Article 21.Google Scholar
Draper, P. (1990). The Marketing of Unit and Investment Trust. In Ennew, C., Watkins, T. and Wright, M. (Eds.), Marketing Financial Services: 217235. London: Heinemann.Google Scholar
Eilon, S. (1971). Goals and Constraints. Journal of Management Studies, 8, 292303.CrossRefGoogle Scholar
Frankel, T. (1984). Decision Making for Social Investing. In McGill, D. M. (Ed.), Social Investing: 131162. Homewood, IL: Richard D. Irwin.Google Scholar
Ghoul, W. and Karam, P. (2007). MRI and SRI Mutual Funds: A Comparison of Christian, Islamic (Morally Responsible Investing), and Socially Responsible Investing (SRI) Mutual Funds. Journal of Investing, 16, 96102.CrossRefGoogle Scholar
Hendry, J. (2013). Ethics and Finance: An Introduction. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
Humphrey, J. E., Warren, G. J. and Boon, J. (2016). What Is Different About Socially Responsible Funds? A Holdings-Based Analysis. Journal of Business Ethics, 138, 263277.Google Scholar
Juravle, C. and Lewis, A. (2008). Identifying Impediments to SRI in Europe: A Review of the Practitioner and Academic Literature. Business Ethics: A European Review, 17, 285310.CrossRefGoogle Scholar
Juravle, C. and Lewis, A. (2009). The Role of Championship in the Mainstreaming of Sustainable Investment (SI): What Can We Learn from SI Pioneers in the United Kingdom? Organization & Environment, 22, 7598.CrossRefGoogle Scholar
Kreander, N., McPhail, K. and Molyneaux, D. (2004). God’s Fund Managers: A Critical Study of Stock Market Investment Practices of the Church of England and UK Methodists. Accounting, Auditing & Accountability Journal, 17, 408441.Google Scholar
Lewis, A. (2001). A Focus Group Study of the Motivation to Invest: ‘Ethical/Green’ and ‘Ordinary’ Investors Compared. Journal of Socio-Economics, 30, 331341.CrossRefGoogle Scholar
Lewis, A. (2002). Morals, Markets and Money: Ethical, Green and Socially Responsible Investing. London: Pearson.Google Scholar
Lewis, A. and Cullis, J. (1990). Ethical Investments: Preferences and Morality. Journal of Behavioral Economics, 19, 395411.CrossRefGoogle Scholar
Lewis, A. and Juravle, C. (2010). Morals, Markets and Sustainable Investments: A Qualitative Study of ‘Champions’. Journal of Business Ethics, 93, 483494.Google Scholar
Lewis, A. and Mackenzie, C. (2000a). Morals, Money, Ethical Investing and Economic Psychology. Human Relations, 53, 179191.Google Scholar
Lewis, A. and Mackenzie, C. (2000b). Green and Ethical Investment: Can It Make a Difference? In Warhurst, A. (Ed.), Towards a Collaborative Environment Research Agenda: 7588. New York, NY: Macmillan.Google Scholar
Logsdon, J. M. and Van Buren, H.J. (2009). Beyond the Proxy Vote: Dialogues Between Shareholder Activists and Corporations. Journal of Business Ethics, 87, 353365.CrossRefGoogle Scholar
Louche, C. and Lydenberg, S. (2010). Responsible Investing. In Boatright, J. (Ed.), Finance Ethics: Critical Issues in Theory and Practice: 393417. Hoboken, NJ: Blackwell.Google Scholar
Louche, C. and Lydenberg, S. (2011). Dilemmas in Responsible Investment. Sheffield: Greenleaf.Google Scholar
Mackenzie, C. (1998). The Choice of Ethical Criteria in Ethical Investment. Business Ethics: A European Review, 7, 8186.CrossRefGoogle Scholar
Mackenzie, C. and Lewis, A. (1999). Morals and Markets: The Case of Ethical Investing. Business Ethics Quarterly, 9, 439452.Google Scholar
McCann, L., Solomon, A. and Solomon, J. (2003). Explaining the Recent Growth in UK Socially Responsible Investment. Journal of General Management, 28, 3253.CrossRefGoogle Scholar
McGill, D. M. (1984). Preface. In McGill, D. M. (Ed.), Social Investing: ixxiii. Homewood, IL: Richard D. Irwin.Google Scholar
Markowitz, H. (1952). Portfolio Selection. Journal of Finance, 7, 7791.Google Scholar
Miller, A. (1991). Socially Responsible Investment: The Financial Impact of Screen Investment in the 1990s. London: Financial Times Business Information.Google Scholar
Miller, A. (1992). Green Investment. In Owen, D. (Ed.), Green Reporting: Accountancy and the Challenge of the Nineties: 242255. London: Chapman & Hall.Google Scholar
Moizer, P. and Arnold, J. (1984). Share Appraisal by Financial Analysts: Portfolio vs. Non-Portfolio Managers. Accounting and Business Research, 56, 341348.CrossRefGoogle Scholar
O’Barr, W. M. and Conley, J. M. (1992). Managing Relationships: The Culture of Institutional Investing. Financial Analysts Journal, September–October, 2127.CrossRefGoogle Scholar
Powers, C. W. (1971). Social Responsibility and Investments. Nashville, TN: Abingdon.Google Scholar
Renneboog, L., Ter Horst, J. and Zhang, C. (2011). Is Ethical Money Financially Smart? Nonfinancial Attributes and Money Flows of Socially Responsible Investment Funds. Journal of Financial Intermediation, 20, 562588.CrossRefGoogle Scholar
Rivoli, P. (2003). Making a Difference or Making a Statement? Finance Research and Socially Responsible Investment. Business Ethics Quarterly, 13, 271287.CrossRefGoogle Scholar
Rockness, J. and Williams, P. F. (1988). A Descriptive Study of Social Responsibility Mutual Funds. Accounting, Organizations and Society, 13, 397411.Google Scholar
Schepers, D. H. and Sethi, S. P. (2003). Do Socially Responsible Funds Actually Deliver What They Promise? Business and Society Review, 108, 1132.CrossRefGoogle Scholar
Schotland, R. A. (1980). Divergent Investing for Pension Funds. Financial Analysts Journal, September–October, 2939.Google Scholar
Schueth, S. (2003). Socially Responsible Investing in the United States. Journal of Business Ethics, 43, 189194.CrossRefGoogle Scholar
Simpson, A. (1991). The Greening of Global Investment: How the Environment, Ethics and Politics Are Reshaping Strategies. London: Economist Publications.Google Scholar
Sparkes, R. (2002). Socially Responsible Investment: A Global Revolution. Chichester: Wiley.Google Scholar
Sparkes, R. and Cowton, C. J. (2004). The Maturing of Socially Responsible Investment: A Review of the Developing Link with Corporate Social Responsibility. Journal of Business Ethics, 52, 4557.CrossRefGoogle Scholar
Sullivan, R. and Mackenzie, C. (2006). Shareholder Activism on Social, Ethical and Environmental Issues: An Introduction. In Sullivan, R. and Mackenzie, C. (Eds.), Responsible Investment: 150157. Sheffield: Greenleaf.Google Scholar
Tocher, K. D. (1970). Control. Operational Research Quarterly, 21, 159180.CrossRefGoogle Scholar
US SIF (2016). 2016 Report on US Sustainable, Responsible and Impact Investing Trends, 11th Edition. Washington, DC: US SIF Foundation.Google Scholar
Webley, P., Lewis, A. and Mackenzie, C. (2001). Commitment Among Ethical Investors: An Experimental Approach. Journal of Economic Psychology, 22, 2742.CrossRefGoogle Scholar
Westerfield, R. (1984). Capital Market Theory Perspectives. In McGill, D. M. (Ed.), Social Investing: 107129. Homewood, IL: Richard D. Irwin.Google Scholar

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

  • Finance
  • Edited by Alan Lewis, University of Bath
  • Book: The Cambridge Handbook of Psychology and Economic Behaviour
  • Online publication: 01 February 2018
Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Finance
  • Edited by Alan Lewis, University of Bath
  • Book: The Cambridge Handbook of Psychology and Economic Behaviour
  • Online publication: 01 February 2018
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Finance
  • Edited by Alan Lewis, University of Bath
  • Book: The Cambridge Handbook of Psychology and Economic Behaviour
  • Online publication: 01 February 2018
Available formats
×