Papers Relating to Market Analysts and Professionals

Does Analyst Optimism About Future Earnings Distort Stock Prices?
Copyright 2002 by The Institute of Psychology and Markets
By: Stephen Ciccone
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Stock Analysts: Experts on Whose Behalf?
Copyright 2002 by The Institute of Psychology and Markets
By: Brian Bruce
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Toward an Understanding of the Risky Choice Behavior of Professional Financial Analysts
Copyright 2001 by The Institute of Psychology and Markets
By:James E. Hunton, Ruth Ann McEwen and Sudip Bhattacharjee
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Investment Surveys and Psychology

A Report on the March 2001 Investor Sentiment Survey
Copyright 2001 by The Institute of Psychology and Markets
By: David Dreman, Stephen Johnson, Donald MacGregor and Paul Slovic
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The Old Psychology Behind "New Metrics"
Copyright © 2000 by The Institute of Psychology and Markets
Editorial Commentary
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Images and Affect

Investing in Frankinfirms: Predicting Socially Unacceptable Risks
Copyright © 2000 by The Institute of Psychology and Markets
By: Baruch Fishhoff, Alain Nada• and Ilya Fischhoff
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Imagery, Affect, and Financial Judgment
Copyright © 2000 by The Institute of Psychology and Markets
By: Donald G. MacGregor, Paul Slovic, David Dreman, and Michael Berry
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Thought Contagion and Financial Economics: The Dividend Puzzle as a Case Study
Copyright © 2000 by The Institute of Psychology and Markets
George M. Frankfurter, Louisiana State University
Elton G. McGoun, Bucknell University

Heuristics in Investor Decision Making
Copyright © 1998 by Simon & Schuster
Adopted from Chapter 10 of Contrarian Investment Strategies: The Next Generation
By: David Dreman
Reprinted with permission by the Author

Studies of Markets

"What Goes Up Must Come Down" - How Charts Influence Decisions to Buy and Sell Stocks
Copyright 2003 by The Institute of Psychology and Markets
By: Thomas Mussweiler and Karl Schneller
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Does the Market Have a Mind of Its Own, and Does It Get Carried Away With Excess Cash?
Copyright 2002 by The Institute of Psychology and Markets
By: Gunduz Caginalp
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Unconscious Herding Behavior as the Psychological Basis of Financial Market Trends and Patterns
Copyright © 2001 by The Institute of Psychology and Markets
By: Robert R. Prechter, Jr.
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Financial Bubbles: Excess Cash, Momentum, and Incomplete Information
Copyright 2001 by The Institute of Psychology and Markets
By: Gunduz Caginalp, David Porter, and Vernon Smith
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Overreactions, Momentum, Liquidity, and Price Bubbles in Laboratory and Field Asset Markets
Copyright © 2000 by The Institute of Psychology and Markets
By: Gunduz Caginalp, David Porter, and Vernon L. Smith
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Initial Public Offerings

The Changing Nature of the Initial Public Offering Market
Copyright 2002 by The Institute of Psychology and Markets
By:Timothy Loughran
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Interviews

Click here to listen an October 2002 audio interview with David Dreman, Chairman and Chief Investment Officer of Dreman Value Management. (17 minutes)
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Click here to listen to a 24 minute audio interview with David Dreman, Chairman and Chief Investment Officer of Dreman Value Management.
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