The second part of the dissertation studies the impact of information on investor behavior. In particular, Chapter 5 investigates the impact of information salience on investors’ reactions to news by studying soccer clubs listed on the London Stock Exchange. Chapter 6 is an experimental study which disentangles the effect of information feedback from the effect of investment flexibility on the risk-taking behavior of a myopically loss averse investor.
|Qualification||Doctor of Philosophy|
|Award date||8 Nov 2006|
|Place of Publication||Tilburg|
|Publication status||Published - 2006|