臺大管理論叢第31卷第3期

143 NTU Management Review Vol. 31 No. 3 Dec. 2021 Arkes, H. R., Hirshleifer, D., Jiang, D., and Lim, S. 2008. Reference point adaptation: Tests in the domain of security trading. Organizational Behavior and Human Decision Processes, 105 (1): 67-81. Baker, M., Bradley, B., and Wurgler, J. 2011. Benchmarks as limits to arbitrage: Understanding the low-volatility anomaly. Financial Analyst Journal, 67 (1): 40-54. Baker, M., Pan, X., and Wurgler, J. 2012. The effect of reference point prices on mergers and acquisitions. Journal of Financial Economics, 106 (1): 49-71. Baker, M., and Wurgler, J. 2006. Investor sentiment and the cross‐section of stock returns. The Journal of Finance, 61 (4): 1645-1680. Bali, T. G., Cakici, N., and Whitelaw, R. F. 2011. Maxing out: Stocks as lotteries and the cross-section of expected returns. Journal of Financial Economics, 99 (2): 427446. Barber, B. M., Lee, Y. T., Liu, Y. J., and Odean, T. 2009. Just how much do individual investors lose by trading?. The Review of Financial Studies, 22 (2): 609-632. Barber, B. M., and Odean, T. 2008. All that glitters: The effect of attention and news on the buying behavior of individual and institutional investors. The Review of Financial Studies, 21 (2): 785-818. Barberis, N., and Huang, M. 2008. Stocks as lotteries: The implications of probability weighting for security prices. American Economic Review, 98 (5): 2066-2100. Barberis, N., and Shleifer, A. 2003. Style investing. Journal of Financial Economics, 68 (2): 161-199. Barberis, N., Shleifer, A., and Wurgler, J. 2005. Comovement. Journal of Financial Economics, 75 (2): 283-317. Berkman, H., Dimitrov, V., Jain, P. C., Koch, P. D., and Tice, S. 2009. Sell on the news: Differences of opinion, short-sales constraints, and returns around earnings announcements. Journal of Financial Economics, 92 (3): 376-399. Bhootra, A., and Hur, J. 2013. The timing of 52-week high price and momentum. Journal of Banking & Finance, 37 (10): 3773-3782. Blau, B. M., DeLisle, J., and Whitby, R. J. 2020. Does probability weighting drive skewness preferences?. Journal of Behavioral Finance, 21 (3): 233-247.

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