The Experts below are selected from a list of 360 Experts worldwide ranked by ideXlab platform
Huai Zhang - One of the best experts on this subject based on the ideXlab platform.
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Superstition and financial decision making
Management Science, 2016Co-Authors: David Hirshleifer, Ming Jian, Huai ZhangAbstract:In Chinese culture, certain digits are lucky and others unlucky. We test how such numerological Superstition affects financial decision in the China initial public offering (IPO) market. We find that the frequency of lucky numerical stock listing codes exceeds what would be expected by chance. Also consistent with Superstition effects, newly listed firms with lucky listing codes experience inferior post-IPO abnormal returns. Further tests suggest that our conclusions are not driven by endogeneity. This paper was accepted by Lauren Cohen, finance.
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Superstition and financial decision making
Social Science Research Network, 2016Co-Authors: David Hirshleifer, Ming Jian, Huai ZhangAbstract:In Chinese culture, certain digits are lucky and others unlucky. We test how such numerological Superstition affects financial decision in the China IPO market. We find that the frequency of lucky numerical stock listing codes exceeds what would be expected by chance. Also consistent with Superstition effects, newly listed firms with lucky listing codes experience inferior post-IPO abnormal returns. Further tests suggest that our conclusions are not driven by endogeneity.
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Superstition and financial decision making
MPRA Paper, 2014Co-Authors: David Hirshleifer, Ming Jian, Huai ZhangAbstract:In Chinese culture, certain digits are lucky and others unlucky. We test how such numerological Superstition affects financial decision in the China IPO market. We find that the frequency of lucky numerical stock listing codes exceeds what would be expected by chance. Also consistent with Superstition effects, newly listed firms with lucky listing codes are initially traded at a premium after controlling for known determinants of valuation multiples, the lucky number premium dissipates within three years of the IPO, and lucky number firms experience inferior post-IPO abnormal returns.
David Hirshleifer - One of the best experts on this subject based on the ideXlab platform.
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Superstition and financial decision making
Management Science, 2016Co-Authors: David Hirshleifer, Ming Jian, Huai ZhangAbstract:In Chinese culture, certain digits are lucky and others unlucky. We test how such numerological Superstition affects financial decision in the China initial public offering (IPO) market. We find that the frequency of lucky numerical stock listing codes exceeds what would be expected by chance. Also consistent with Superstition effects, newly listed firms with lucky listing codes experience inferior post-IPO abnormal returns. Further tests suggest that our conclusions are not driven by endogeneity. This paper was accepted by Lauren Cohen, finance.
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Superstition and financial decision making
Social Science Research Network, 2016Co-Authors: David Hirshleifer, Ming Jian, Huai ZhangAbstract:In Chinese culture, certain digits are lucky and others unlucky. We test how such numerological Superstition affects financial decision in the China IPO market. We find that the frequency of lucky numerical stock listing codes exceeds what would be expected by chance. Also consistent with Superstition effects, newly listed firms with lucky listing codes experience inferior post-IPO abnormal returns. Further tests suggest that our conclusions are not driven by endogeneity.
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Superstition and financial decision making
MPRA Paper, 2014Co-Authors: David Hirshleifer, Ming Jian, Huai ZhangAbstract:In Chinese culture, certain digits are lucky and others unlucky. We test how such numerological Superstition affects financial decision in the China IPO market. We find that the frequency of lucky numerical stock listing codes exceeds what would be expected by chance. Also consistent with Superstition effects, newly listed firms with lucky listing codes are initially traded at a premium after controlling for known determinants of valuation multiples, the lucky number premium dissipates within three years of the IPO, and lucky number firms experience inferior post-IPO abnormal returns.
Gita Venkataramani Johar - One of the best experts on this subject based on the ideXlab platform.
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conditioned Superstition desire for control and consumer brand preferences
Journal of Consumer Research, 2013Co-Authors: Eric J Hamerman, Gita Venkataramani JoharAbstract:There are many opportunities in everyday life to associate consumer products with success or failure. For example, when a basketball fan drinks a particular brand of soda while watching her favorite team win a game, she may perceive that this consumption facilitated the victory. Subsequently, the fan may continue to purchase and consume this same item during future games, in an attempt to help the team. This behavior is known as “conditioned Superstition.” Data from five experiments indicate that preference for lucky products (i.e., those associated with positive outcomes) increases with higher levels of desire for control combined with lower levels of perceived ability to control outcomes (e.g., low generalized self-efficacy). People who express a preference for these lucky products form an illusion of control over future outcomes, so that they perceive superstitious behavior to be an effective strategy to achieve the desired result.
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conditioned Superstition desire for control and consumer brand preferences
Social Science Research Network, 2013Co-Authors: Eric J Hamerman, Gita Venkataramani JoharAbstract:There are many opportunities in everyday life to associate consumer products with success or failure. For example, when a basketball fan drinks a particular brand of soda while watching her favorite team win a game, she may perceive that this consumption facilitated the victory. Subsequently, the fan may continue to purchase and consume this same item during future games, in an attempt to help the team. This behavior is labeled as “conditioned Superstition.” Data from five experiments indicates that preference for lucky products (i.e., those associated with positive outcomes) increases with higher levels of desire for control combined with lower levels of perceived ability to control outcomes (e.g., low generalized self-efficacy). People who express a preference for these lucky products form an illusion of control over future outcomes, so that they perceive superstitious behavior to be an effective strategy to achieve the desired result.
William E Strange - One of the best experts on this subject based on the ideXlab platform.
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global positioning system measurements of deformations associated with the 1987 Superstition hills earthquake evidence for conjugate faulting
Journal of Geophysical Research, 1992Co-Authors: Shawn Larsen, Robert Reilinger, Helen Neugebauer, William E StrangeAbstract:Large station displacements observed from Imperial Valley Global Positioning System (GPS) compaigns are attributed to the November 24, 1987 Superstition Hills earthquake sequence. Thirty sites from a 42 station GPS network established in 1986 were reoccupied during 1988 and/or 1990. Displacements at three sites within 3 kilometers of the surface rupture approach 0.5 m. Eight additional stations within 20 km of the seismic zone are displaced at least 10 cm. This is the first occurrence of a large earthquake (M(sub S) 6.6) within a preexisting GPS network. Best-fitting uniform slip models of rectangular dislocations in an elastic half-space indicate 130 + or - 8 cm right-lateral displacement along the northwest-trending Superstition Hills fault and 30 + or - 10 cm left-lateral displacement along the conjugate northeast-trending Elmore Ranch fault. The geodetic moments are 9.4 x 10 (exp 25) dyne-cm and 2.3 x 10 (exp 25) dyne-cm for the Superstition Hills and Elmore Ranch faults, respectively, consistent with teleseismic source parameters. The data also suggest the post seismic slip along the Superstition Hills fault is concentrated at shallow depths. Distributed slip solutions using Singular Value Decomposition indicate near uniform displacement along the Elmore Ranch fault and concentrated slip to the northwest and southeast along the Superstition Hills fault. A significant component of non-seismic displacement is observed across the Imperial Valley, which is attributed in part to interseismic plate-boundary deformation.
Maia J Young - One of the best experts on this subject based on the ideXlab platform.
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the relationship between belief in stable luck and a propensity for Superstition the influence of culturally conferred agency beliefs
Journal of Cross-Cultural Psychology, 2018Co-Authors: Ning Chen, Maia J YoungAbstract:Superstition is known to be positively associated with the belief in luck. However, prior research that has demonstrated the link between luck belief and Superstition has not distinguished between ...
