About this eJournal
This eJournal distributes working and accepted paper abstracts covering all aspects of behavioral and experimental finance. Its mission is to foster a better understanding of those elements of human psychology, both cognitive (mental) and affective (emotional) that influence the decision making process. The eJournal provides promising new research to the academic and the Wall Street communities that incorporates the methods used in the behavioral disciplines and decision sciences with the ones from Standard Finance, so that decision makers and their judgments can be studied from individual, group, organizational, and market perspectives.
Scholarly research in Behavioral and Experimental Finance strives for greater explanation and insight into finance and investments based on research from the social sciences. For instance, the origins of behavioral finance have a strong theoretical foundation in the fields of experimental and cognitive psychology, sociology, and behavioral economics. The eJournal hopes to foster better decision-making and bridge the gap with other disciplines by investigating how various cognitive processes and emotional factors may hinder or contribute to optimal decision making in finance and related fields with an interdisciplinary perspective including: financial psychology, behavioral accounting, economic psychology, psychological economics, behavioral economics, behavioral law, organizational behavior, and behavioral marketing.
This eJournal presents research on the behaviors and choices of experts, professionals, and novices in various investment and corporate financial settings. The scope of the eJournal includes research that utilizes research methods and new findings from psychological studies to describe the behavior of investors and financial markets. This eJournal includes experimental tests of all standard financial theory as well as conceptual and experimental papers that deal with departures from standard financial theories that assume rational, optimizing individuals. We also welcome working papers and accepted paper abstracts based on strong financial behavioral research methodology, replication studies, case studies, empirical works, book reviews, literature reviews, and survey articles.
Topic areas and specific examples include research in: psychology and finance, stock market psychology, investor behavior, behavioral corporate finance, behavioral public finance, bounded rationality, loss aversion, disposition effect, prospect theory, overconfidence, underconfidence, optimism, the psychology of intuitive judgment (heuristics and biases), limited attention and memory, information overload, optical illusions, Allais paradox, mental accounting, mental mistakes, wishful thinking, risk perception (perceived risk), risk tolerance, emotion (affect), feelings, mood, imagery, cognitive biases, personality traits, socioeconomic and demographic characteristics, regret theory, hindsight bias, tunnel vision, framing, anchoring, representativeness, availability, familiarity bias, home bias, confirmatory bias, cognitive dissonance, groupthink, group polarization, crowd psychology, illusion of control, law of small numbers, self-control, illusion of validity, fads and fashions, learning, fairness, the endowment effect, house money effect, illusion of truth, status quo bias, curse of knowledge, illusion of knowledge, behavioral portfolio theory, overreaction and underreaction, pump and dump, rare events, cascades, bubbles, panics, crashes, manias, greed, window dressing, weather bias, chaos theory, fuzzy logic, herding behavior, behavioral asset pricing, regression (reversion) to the mean, market inefficiencies, arbitrage, noise, market reactions to predictions and announcements, momentum trading and investment strategies, financial organizational irregularities, stock market anomalies, and contrarian investment styles.
Editor: Victor Ricciardi, Goucher College
To submit your research to SSRN, sign in to the SSRN User HeadQuarters, click the My Papers link on left menu and then the Start New Submission button at top of page.
If your organization is interested in increasing readership for its research by starting a Research Paper Series, or sponsoring a Subject Matter eJournal, please email: firstname.lastname@example.org
Financial Economics Network (FEN), a division of Social Science Electronic Publishing (SSEP) and Social Science Research Network (SSRN)
FEN SUBJECT MATTER EJOURNALS
MICHAEL C. JENSEN
Harvard Business School, SSRN, National Bureau of Economic Research (NBER), European Corporate Governance Institute (ECGI), Harvard University - Accounting & Control Unit
Please contact us at the above addresses with your comments, questions or suggestions for FEN-Sub.
Behavioral & Experimental Finance eJournal
H. KENT BAKER
University Professor of Finance, American University - Kogod School of Business
ROBERT J. BLOOMFIELD
Professor of Accounting, Cornell University - Samuel Curtis Johnson Graduate School of Management
WERNER F.M. DEBONDT
Richard H. Driehaus Professor of Finance, DePaul University - Driehaus Center for Behavioral Finance
Senior Fellow, East-West Center, Research Investigator, Kaiser Permanente - Center for Health Research
Howard Heinz University Professor, Department of Engineering and Public Policy, Institute for Politics and Strategy, Carnegie Mellon University
DAVID A. HIRSHLEIFER
Professor & Merage Chair in Business Growth, Finance, University of California, Irvine - Paul Merage School of Business, Research Associate, NBER
Eugene Higgins Professor of Psychology and Professor of Public Affairs, Princeton University
LISA A. KRAMER
Professor of Finance, University of Toronto - Rotman School of Management
ANDREW W. LO
Harris & Harris Group Professor, Massachusetts Institute of Technology (MIT) - Sloan School of Management, National Bureau of Economic Research (NBER), Principal Investigator, Massachusetts Institute of Technology (MIT) - Computer Science and Artificial Intelligence Laboratory (CSAIL)
RUTH H. LYTTON
Professor, Virginia Polytechnic Institute & State University - Financial Planning
ELTON G. MCGOUN
William H. Dunkak Professor of Finance, Bucknell University - Department of Management
JOHN R. NOFSINGER
William H. Seward Endowed Chair in Finance, University of Alaska Anchorage
Willis H. Booth Professor of Banking and Finance, University of California, Berkeley - Haas School of Business
EDGAR E. PETERS
Co-Director of Global Macro, First Quadrant, L.P.
RICHARD L. PETERSON
Behavioral Finance Specialist, Market Psychology Consulting
HENRY O. PRUDEN
Professor, Golden Gate University - Ageno School of Business
Mario L. Belotti Professor of Finance, Santa Clara University - Leavey School of Business
Professor of Economics, Harvard University - Department of Economics, Fellow, National Bureau of Economic Research (NBER), Fellow, European Corporate Governance Institute (ECGI)
President, Decision Research, Professor, University of Oregon - Department of Psychology
Glenn Klimek Professor of Finance, Santa Clara University - Department of Finance
LYNN A. STOUT
Distinguished Professor of Corporate and Business Law Jack G. Clarke Business Law, Cornell Law School - Jack G. Clarke Business Law Institute (deceased)
MICHAL ANN STRAHILEVITZ
Marketing Faculty, University of Wollongong
RICHARD H. THALER
Ralph and Dorothy Keller Distinguished Service Professor of Economics and Behavioral Science, University of Chicago - Booth School of Business, National Bureau of Economic Research (NBER)
National Bureau of Economic Research (NBER), Professor, University of California Berkeley, Haas School of Business
JEFFREY A. WURGLER
Nomura Professor of Finance, NYU Stern School of Business, National Bureau of Economic Research (NBER)
Personal Finance Columnist, The Wall Street Journal