16. Limited Attention

  1. H. Kent Baker and
  2. John R. Nofsinger
  1. Sonya S. Lim1 and
  2. Siew Hong Fteoh2

Published Online: 29 NOV 2011

DOI: 10.1002/9781118258415.ch16

Behavioral Finance: Investors, Corporations, and Markets

Behavioral Finance: Investors, Corporations, and Markets

How to Cite

Lim, S. S. and Fteoh, S. H. (2010) Limited Attention, in Behavioral Finance: Investors, Corporations, and Markets (eds H. K. Baker and J. R. Nofsinger), John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118258415.ch16

Author Information

  1. 1

    Associate Professor of Finance, DePaul University

  2. 2

    Dean's Professor of Accounting, University of California, Irvine

Publication History

  1. Published Online: 29 NOV 2011
  2. Published Print: 20 SEP 2010

ISBN Information

Print ISBN: 9780470499115

Online ISBN: 9781118258415

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Keywords:

  • limited attention;
  • accounting and finance;
  • entremed;
  • individual investors;
  • post-earnings announcement drift

Summary

This chapter contains sections titled:

  • Introduction

  • Limited Attenton and Return Predictability: Theory

  • Limited Attention and Return Predictability: Evidence

  • The Interaction of Attention and Investor Biases and Market Imperfections

  • Allocation of Attention

  • The Effect of Investor Limited Attention on Corporate Decision Making

  • Limited Attention as a Source of Other Psychological Biases

  • Summary and Conclusions

  • Discussion Questions

  • About the Authors