Werner F. M. De Bondt
1 paper in the Anchorcite directory, published in 1985, cited 7,331 times in total.
Research topics
- Financial Markets and Investment Strategies · 1 paper
- Market Dynamics and Volatility · 1 paper
- Decision-Making and Behavioral Economics · 1 paper
Frequent co-authors
- Richard H. Thaler · 1 paper
Papers
- Does the Stock Market Overreact?The Journal of Finance · 1985 · 7,331 citations
ABSTRACT Research in experimental psychology suggests that, in violation of Bayes' rule, most people tend to “overreact” to unexpected and dramatic news events. This study of market efficiency investigates whether such behavior affects stock prices. The empirical evidence, based on…
Metadata from OpenAlex (CC0).