Stochastic investor sentiment, crowdedness and deviation of asset prices from fundamentals
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DOI: 10.1016/j.econmod.2018.10.008
Abstract: Abstract This study constructs a theoretical model to address how stochastic investor sentiment affects investor's crowdedness, and how stochastic investor sentiment and crowdedness affect asset prices. An asset pricing model incorporating stochastic investor sentiment and… read more here.
Keywords: stochastic investor; investor; asset; asset prices ... See more keywords