Review of Behavioral Finance: Volume 8 Issue 1

Securitisation and banking risk: what do we know so far?

Alper Kara, Aydin Ozkan, Yener Altunbas

Bank securitisation is deemed to have been a major contributing factor to the 2007/2008 financial crises via fuelling credit growth accompanied by lower banks’ credit standards…

Fundamentals, momentum, and bubbles in experimental asset markets

Sean M Collins, Alisa G. Brink

The purpose of this paper is to report the results of a study concerning how fundamental-motivated investors, and their subsequent impact on the path of prices, affect the…

The equity premium puzzle: new evidence on the optimal holding period and optimal asset allocation

Evanthia Zervoudi, Spyros Spyrou

– The purpose of this paper is to report new original evidence on optimal holding periods and optimal asset allocations (Benartzi and Thaler, 1995).

Testing for changes in option-implied risk aversion

Marie-Hélène Gagnon, Gabriel J. Power

The purpose of this paper is to investigate and test for changes in investor risk aversion and the stochastic discount factor (SDF) using options data on the West Texas…

The impact of macroeconomic information releases on the smile shape: Evidence from the Australian options market

Hassan Tanha, Michael Dempsey

The purpose of this paper is to assign fair values to options reduces to the attempt to attribute correct implied volatilities. Here, the authors extend the study by Tanha et al.…