The Noise Trader Approach to Finance

Judgment under Uncertainty: Heuristics and Biases

1975 • 23,866 citations

Continuous Auctions and Insider Trading

1985 • 9,651 citations

The Behavior of Stock-Market Prices

1965 • 8,575 citations

Does the Stock Market Overreact?

1985 • 7,120 citations

Noise Trader Risk in Financial Markets

1990 • 6,029 citations

The equity premium: A puzzle

1985 • 5,686 citations

Permanent and Temporary Components of Stock Prices

1988 • 3,149 citations

The American Economic Review

2013 • 2,909 citations

Fairness and the Assumptions of Economics

1986 • 2,430 citations

Further Evidence On Investor Overreaction and Stock Market Seasonality

1987 • 2,330 citations

Positive Feedback Investment Strategies and Destabilizing Rational Speculation

1990 • 2,212 citations

Stock return variances

1986 • 1,878 citations

Noise

1986 • 1,665 citations

Fads, Martingales, and Market Efficiency

1990 • 1,579 citations

Do Demand Curves for Stocks Slope Down?

1986 • 1,451 citations

Some anomalous evidence regarding market efficiency

1978 • 1,440 citations

The Present-Value Relation: Tests Based on Implied Variance Bounds

1981 • 1,402 citations

Stock Prices and Social Dynamics

1984 • 1,274 citations

What moves stock prices?

1989 • 1,131 citations

Mean Reversion in Stock Prices

1996 • 1,111 citations

Does the Stock Market Rationally Reflect Fundamental Values?

1986 • 1,071 citations

Price and Volume Effects Associated with Changes in the S&P 500 List: New Evidence for the Existence of Price Pressures

1986 • 1,047 citations

Stock Prices and Social Dynamics

1984 • 851 citations

Smart Money, Noise Trading and Stock Price Behaviour

1993 • 598 citations

Evidential impact of base rates

1982 • 560 citations

Equilibrium Short Horizons of Investors and Firms

1990 • 554 citations

Dividend variability and variance bounds tests for the rationality of stock market prices

1983 • 456 citations

When financial markets work too well: A cautious case for a securities transactions tax

1989 • 439 citations

The Buying and Selling Behavior of Individual Investors at the Turn of the Year

1988 • 439 citations

Further Evidence on Investor Overreaction and Stock Market Seasonality

1987 • 384 citations

The Size and Incidence of the Losses from Noise Trading

1989 • 311 citations

Do Demand Curves for Stocks Slope Down?

1986 • 299 citations

Anomalies: Closed-End Mutual Funds

1990 • 195 citations

R 2

1988 • 171 citations

Investor Sentiment and the Closed-End Fund Puzzle

1990 • 124 citations

The Buying and Selling Behavior of Individual Investors at the Turn of the Year

1988 • 121 citations

Anomalies in Financial Economics: Blueprint for Change?

1986 • 107 citations

The Size and Incidence of the Losses from Noise Trading

1989 • 104 citations

The money masters

1980 • 12 citations

Deleted Work

1955 • 0 citations