Purpose: This paper aims to model the asset portfolio rebalancing decisions of Australian households experiencing a severe life event shock. Design/methodology/approach: The paper uses household longitudinal data from the Household, Income, and Labour Dynamics in Australia (HILDA) survey since...

Purpose: This paper aims to examine market inefficiencies in the National Football League (NFL) betting market from the 2003 season to the 2016 season. Design/methodology/approach: The author examines the impact that division rivals and previously known determinants of inefficiencies have on...

Purpose: This paper aims to examine the impact of national culture on private credit availability. The authors particularly focus on the masculinity dimension, as previous studies have not been able to reconcile this dimension in terms of results aligning with expectations....

Purpose: This paper aims to investigate how overconfidence bias affects financial market participants’ forecast accuracy based on the hard–easy effect concept of overconfidence research. Design/methodology/approach: The authors adopt an experimental method for behavioural finance studies....

Purpose: The purpose of this paper is to investigate the relative impact of bank-based and market-based financial developments on economic growth from 1984 to 2015, using 60countries. Design/methodology/approach: This study uses fixed effect and generalized method of moments (GMM) to...

Purpose: This paper aims to assess the asymmetric effects of oil price shocks and the impact of oil price volatility on the Eurozone’s supersector returns, with a particular emphasis on the impact of the subprime crisis and the euro debt crisis (EDC) on this relationship....

Purpose: The purpose of this study is to analyze whether differences in market-wide levels of investor personality influence experimental asset market outcomes in terms of limit orders, price levels and price bubbles. Design/methodology/approach: Investor personality is determined by a...

Purpose: This paper aims to quantify preferences without having to have any utility data. Design/methodology/approach: We use duality theory, Taylor’s theorem and nonlinear regressions. Findings: We presented pioneering quantitative methods in economics and business. These methods can be...

There has been a rapid expansion of academic interest and publications on polycentricity. In the contemporary world, nearly all governance situations are polycentric, but people are not necessarily used to thinking this way. Governing Complexity provides an updated explanation of the concept of...