Overreaction in Expectations: Evidence and Theory
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DOI: 10.2139/ssrn.3709548
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Other versions of this item:
- Hassan Afrouzi & Spencer Y Kwon & Augustin Landier & Yueran Ma & David Thesmar, 2023. "Overreaction in Expectations: Evidence and Theory," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 138(3), pages 1713-1764.
- Afrouzi, Hassan & Kwon, Spencer Yongwook & Landier, Augustin & Ma, Yueran & Thesmar, David, 2021. "Overreaction in Expectations: Evidence and Theory," HEC Research Papers Series 1444, HEC Paris.
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Cited by:
- Jonas D. M. Fisher & Leonardo Melosi & Sebastian Rast, 2025. "Long-Run Inflation Expectations," Working Papers 829, DNB.
- He, Wei & Su, Zhiwei & Yu, Jianfeng, 2024. "Macroeconomic perceptions, financial constraints, and anomalies," Journal of Financial Economics, Elsevier, vol. 162(C).
- Andries, Marianne & Bianchi, Milo & Huynh, Karen & Pouget, Sébastien, 2024.
"Return Predictability, Expectations, and Investment: Experimental Evidence,"
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- Marianne Andries & Milo Bianchi & Karen Huynh & Sébastien Pouget, 2024. "Return Predictability, Expectations, and Investment: Experimental Evidence," Post-Print hal-04680777, HAL.
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- Lustenhouwer, Joep & Salle, Isabelle, 2025. "Learning to be rational in the presence of news: A lab investigation," European Economic Review, Elsevier, vol. 172(C).
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"Interview Sequences and the Formation of Subjective Assessments,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 92(2), pages 1226-1256.
- Jonas Radbruch & Amelie Schiprowski, 2020. "Interview Sequences and the Formation of Subjective Assessments," ECONtribute Discussion Papers Series 045, University of Bonn and University of Cologne, Germany.
- Radbruch, Jonas & Schiprowski, Amelie, 2024. "Interview Sequences and the Formation of Subjective Assessments," CEPR Discussion Papers 18839, C.E.P.R. Discussion Papers.
- Jonas Radbruch & Amelie Schiprowski, 2024. "Interview Sequences and the Formation of Subjective Assessments," Rationality and Competition Discussion Paper Series 497, CRC TRR 190 Rationality and Competition.
- Jonas Radbruch & Amelie Schiprowski, 2024. "Interview Sequences and the Formation of Subjective Assessments," CESifo Working Paper Series 10957, CESifo.
- Jonas Radbruch & Amelie Schiprowski, 2021. "Interview Sequences and the Formation of Subjective Assessments," CRC TR 224 Discussion Paper Series crctr224_2021_268v2, University of Bonn and University of Mannheim, Germany.
- Radbruch, Jonas & Schiprowski, Amelie, 2021. "Interview Sequences and the Formation of Subjective Assessments," IZA Discussion Papers 14799, Institute of Labor Economics (IZA).
- Yuval Salant & Jörg L. Spenkuch & David Almog, 2025. "The Memory Premium," CESifo Working Paper Series 11787, CESifo.
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ZEW Discussion Papers
23-062, ZEW - Leibniz Centre for European Economic Research.
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"Believe me when I say green! Heterogeneous expectations and climate policy uncertainty,"
Journal of Economic Dynamics and Control, Elsevier, vol. 165(C).
- Campiglio, Emanuele & Lamperti, Francesco & Terranova, Roberta, 2023. "Believe me when I say green! Heterogeneous expectations and climate policy uncertainty," LSE Research Online Documents on Economics 119258, London School of Economics and Political Science, LSE Library.
- Campiglio, Emanuele & Lamperti, Francesco & Terranova, Roberta, 2024. "Believe me when I say green! Heterogeneous expectations and climate policy uncertainty," LSE Research Online Documents on Economics 124234, London School of Economics and Political Science, LSE Library.
- Campiglio, Emanuele & Lamperti, Francesco & Terranova, Roberta, 2023. "Believe me when I say green! Heterogeneous expectations and climate policy uncertainty," LSE Research Online Documents on Economics 119257, London School of Economics and Political Science, LSE Library.
- Emanuele Campiglio & Francesco Lamperti & Roberta Terranova, 2023. "Believe me when I say green! Heterogeneous expectations and climate policy uncertainty," LEM Papers Series 2023/12, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Richard K. Crump & Stefano Eusepi & Emanuel Moench & Bruce Preston, 2025. "How Do We Learn About the Long Run?," Staff Reports 1150, Federal Reserve Bank of New York.
- Jonas D. M. Fisher, Jonas D. & Melosi, Leonardo & Sebastian Rast, Sebastian, 2025. "Long-Run Inflation Expectations," The Warwick Economics Research Paper Series (TWERPS) 1551, University of Warwick, Department of Economics.
- Jonas D. M. Fisher & Leonardo Melosi & Sebastian Rast, 2025. "Long-Run Inflation Expectations," Working Paper Series WP 2025-03, Federal Reserve Bank of Chicago.
- Charles, Constantin & Frydman, Cary & Kilic, Mete, 2024. "Insensitive investors," LSE Research Online Documents on Economics 120788, London School of Economics and Political Science, LSE Library.
- Yves Breitmoser & Justin Valasek & Justin Mattias Valasek, 2023. "Why Do Committees Work?," CESifo Working Paper Series 10800, CESifo.
- Sebastian Link & Andreas Peichl & Oliver Pfäuti & Christopher Roth & Johannes Wohlfart, 2023.
"Attention to the Macroeconomy,"
ECONtribute Discussion Papers Series
256, University of Bonn and University of Cologne, Germany.
- Sebastian Link & Andreas Peichl & Christopher Roth & Johannes Wohlfart & Oliver Pfaeuti, 2025. "Attention to the Macroeconomy," CEBI working paper series 23-09, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
- Link, Sebastian & Peichl, Andreas & Roth, Christopher & Wohlfart, Johannes, 2024. "Attention to the Macroeconomy," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302360, Verein für Socialpolitik / German Economic Association.
- Sebastian Link & Andreas Peichl & Oliver Pfäuti & Christopher Roth & Johannes Wohlfart, 2023. "Attention to the Macroeconomy," CESifo Working Paper Series 10858, CESifo.
- Link, Sebastian & Peichl, Andreas & Roth, Christopher & Wohlfart, Johannes, 2023. "Attention to the Macroeconomy," CEPR Discussion Papers 18699, C.E.P.R. Discussion Papers.
- Bizzarri, Matteo & d’Arienzo, Daniele, 2024.
"The social value of overreaction to information,"
Journal of Mathematical Economics, Elsevier, vol. 115(C).
- Matteo Bizzarri & Daniele d'Arienzo, 2023. "The social value of overreaction to information," CSEF Working Papers 690, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Matteo Bizzarri & Daniele d'Arienzo, 2024. "The social value of overreaction to information," Papers 2403.08532, arXiv.org.
- Breitmoser, Yves & Valasek, Justin, 2023. "Why do committees work?," Discussion Paper Series in Economics 18/2023, Norwegian School of Economics, Department of Economics.
- Michael T. Kiley, 2025. "Monetary Policy Strategy and the Anchoring of Long-Run Inflation Expectations," Finance and Economics Discussion Series 2025-027, Board of Governors of the Federal Reserve System (U.S.).
- Constantin Charles & Cary Frydman & Mete Kilic, 2024. "Insensitive Investors," Journal of Finance, American Finance Association, vol. 79(4), pages 2473-2503, August.
- Enke, Benjamin & Schwerter, Frederik & Zimmermann, Florian, 2024. "Associative memory, beliefs and market interactions," Journal of Financial Economics, Elsevier, vol. 157(C).
- Heinke, Steve & Olschewski, Sebastian & Rieskamp, Jörg, 2024. "Experiences, demand for risky investments, and implications for price dynamics," Journal of Behavioral and Experimental Finance, Elsevier, vol. 43(C).
- Angelico, Cristina, 2024. "The green transition and firms' expectations on future prices: Survey evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 221(C), pages 519-543.
- Benjamin Christoffersen & Arvid Hoffmann & Zwetelina Iliewa & Lena Jaroszek, 2025. "Experience Effects on Wall Street vs. Main Street: Field and Lab Evidence of Context Dependence," CRC TR 224 Discussion Paper Series crctr224_2025_684, University of Bonn and University of Mannheim, Germany.
- Javier Turen & Isaac Baley, 2025. "Lumpy Forecasts," Working Papers 1476, Barcelona School of Economics.
- Leland Bybee, 2023. "Surveying Generative AI's Economic Expectations," Papers 2305.02823, arXiv.org, revised May 2023.
- Zanetti Chini, Emilio, 2025. "Judgment can spur long memory," Journal of Economic Dynamics and Control, Elsevier, vol. 170(C).
More about this item
Keywords
expectations; experiment; overreaction;All these keywords.
JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
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