Lustig et al. (2011) and Menkoff et al. (2012) have recently introduced some novel forex factors, the 'dollar risk factor'(DOL) and the 'carry trade factor'(HML) and show that these factors can price carry trade portfolios, in the cross-section. This new result is useful not just in the academic...

We test whether self-control causally affects investor behavior with the non-invasive brain stimulation. Subjects trade stocks in an experimental asset market while their levels of self-control are exogenously varied by applying weak currents stimulation to a control-related brain area. We...