Report
When the Market Drives You Crazy
Stock Market Returns and Fatal Car Accidents
CESifo Group Munich,
2018
Read or listen offline
Amazon Kindle
automatisch generiertes Audio
1×
Melden Sie sich an, um die Audiozusammenfassung anzuhören.
automatisch generiertes Audio
Klicken Sie mit der rechten Maustaste auf den Code, um das Bild zu kopieren.
Hinweis: Bei ASP-Portalen ist der Link hinter dem Code portalspezifisch!
Recommendation
According to the US National Safety Council, more than 40,000 Americans died as a result of vehicular accidents in 2017, largely due to drunk, distracted or unbuckled drivers. However, a seemingly obscure rationale could also factor into these casualties. Economists Corrado Giulietti, Mirco Tonin and Michael Vlassopoulos investigate a curious uptick in motor vehicle fatalities following declines in daily equity returns. Investors will find this academic report a fascinating examination of the role of emotion in stock markets.
Summary
About the Authors
Corrado Giulietti and Michael Vlassopoulos are economists at the University of Southampton in England. Mirco Tonin is an economics professor at the Free University of Bozen-Bolzano in Italy.
Learners who read this summary also read
Book
Book
Book
Comment on this summary