Investors' evaluations of price-increase preannouncements

Strategic Preannouncements of Innovations

Energy Price Increase Effects

Greater energy conservation, continued increases in productivity and real wages, and sustained economic growth are goals pursued today by almost all national governments. Since the 1973 OPEC energy price increases, however, disappointing economic trends in the United States, Canada and elsewhere have focused attention on the extent to which these goals are compatible. In particular, the post-19...

Assimilation and Contrast in Price Evaluations

How are price judgments influenced by the distribution of observed prices for other items in the same category? Processing goals will moderate price-judgment processes. When the processing goal is discrimination, price perceptions will be influenced by variations in range and ranks of prices in a distribution and contrast effects will be observed. For example, lowering the price of the lowest-p...

Equilibrium price with institutional investors and with naive traders

This paper uses an equilibrium model to study how institutional investors in uence the volatility and the informativeness of asset prices. The growth in the proportion of U.S. equities owned by institutions in the past two decades, their resulting dominant position in nancial markets, and empirical evidence that institutional ownership may increase volatility warrant studying this issue from a ...

Assessing the Behavioral Reaction of Investors to the Price Change Using the Speed of Price Adjustment Approach to the General Information and Its Relation with Future Return

In Recent Decades, The Financial Sphere has entered a New Era of Contempt for Some of the Assumptions of Modern Economics and Finance. One of These Assumptions is the Rationale of the Investors, which has been Seriously Challenged and Is Now Being Strengthened by the Fact That Prices are Determined more by Attitudes and Psychological Factors than for Fundamental Variables and Therefore the Stud...