Top behavioral finance papers and potential journal fits
| No. | Title | Authors | Year | Citations | Potential journal fit (JOF) | Potential journal fit (JFE) | Key factors | Summary |
|---|---|---|---|---|---|---|---|---|
| 1 | Investor psychology and security market under- and overreactions | Wilcox, S.E. | 1999 | 521 | High (Top Tier) | High (Top Tier) | Strong time-series empirical work, market microstructure focus, investor behavior | Analyzes investor psychology and its impact on market overreactions and underreactions |
| 2 | A model of investor sentiment | Barberis, N., Shleifer, A., Vishny, R.W. | 1997 | 497 | High (Top Tier) | High (Top Tier) | Theoretical contribution, asset pricing focus, investor sentiment | Develops a model to understand investor sentiment and its influence on asset prices |
| 3 | A unified theory of under reaction, momentum trading, and overreaction in asset markets | Hong, H.G., Stein, J. | 1997 | 399 | High (Top Tier) | High (Top Tier) | Theoretical contribution, market dynamics focus, behavioral biases | Proposes a unified theory explaining underreaction, momentum trading, and overreaction in asset markets |
| 4 | A survey of behavioral finance | Barberis, N., Thaler, R. | 2002 | 261 | High (Top Tier) | High (Top Tier) | Comprehensive review, foundational work, investor behavior | Provides a comprehensive survey of the field of behavioral finance |
| 5 | Investor psychology and asset pricing | Hirshleifer, D. | 2001 | 229 | High (Top Tier) | High (Top Tier) | Asset pricing, behavioral biases, psychological influence | Explores the role of investor psychology in asset pricing |
| 6 | Limited attention, information disclosure, and financial reporting | Hirshleifer, D., Teoh, S. | 2003 | 185 | High (Top Tier) | High (Top Tier) | Limited attention theory, disclosure impact, market reaction | Examines how limited investor attention affects information disclosure and financial reporting |
| 7 | Volume, volatility, price, and profit when all traders are above average | Odean, T. | 1998 | 182 | High (Top Tier) | High (Top Tier) | Overconfidence bias, market efficiency, excessive trading | Analyzes market behavior when all traders overestimate their abilities |
| 8 | Mental accounting, loss aversion, and individual stock returns | Barberis, N., Huang, M. | 2001 | 98 | Medium (General Finance) | Medium (General Finance) | Experimental finance, prospect theory, stock performance | Analyzes how mental accounting and loss aversion influence individual stock returns |
| 9 | Overconfidence, arbitrage, and equilibrium asset pricing | Daniel, K., Hirshleifer, D., Subrahmanyam, A. | 2001 | 95 | Medium (General Finance) | Medium (General Finance) | Overconfidence, arbitrage limits, asset pricing impact | Examines the impact of overconfidence on asset pricing and equilibrium |
| 10 | Behavioral finance | Hirshleifer, D. | 2014 | 746 | High (Top Tier) | High (Top Tier) | Comprehensive, widely cited, broad applications | A comprehensive textbook on behavioral finance |
| 11 | Investor psychology in capital markets: evidence and policy implications | Daniel, K., Hirshleifer, D., Teoh, S. | 2001 | 655 | High (Top Tier) | High (Top Tier) | Empirical study, policy relevance, market psychology | Analyzes the implications of investor psychology for capital markets and policy |
| 12 | Behavioral finance: a review and synthesis | Subrahmanyam, A. | 2007 | 313 | High (Top Tier) | High (Top Tier) | Review paper, behavioral theories, financial anomalies | Reviews and synthesizes key concepts in behavioral finance |
| 13 | Behavioral corporate finance: a survey | Baker, M. | 2005 | 292 | High (Top Tier) | High (Top Tier) | Corporate finance, managerial decision-making, behavioral biases | Surveys the field of behavioral corporate finance |
| 14 | Behavioral corporate finance: an updated survey | Baker, M.P., Wurgler, J. | 2011 | 285 | High (Top Tier) | High (Top Tier) | Corporate finance, updated insights, managerial behavior | Updates the survey on behavioral corporate finance |
| 15 | Overconfident investors, predictable returns, and excessive trading | Daniel, K., Hirshleifer, D. | 2015 | 217 | High (Top Tier) | High (Top Tier) | Overconfidence bias, trading patterns, market inefficiency | Examines the relationship between overconfidence, predictable returns, and excessive trading |
| 16 | Noise trader risk in financial markets | De Long, J.B., Shleifer, A., Summers, L., Waldmann, R. | 1990 | 654 | High (Top Tier) | High (Top Tier) | Pioneering research, noise trader risk, price deviations | Discusses noise trader risk and its impact on financial markets |
| 17 | The limits of arbitrage | Shleifer, A., Vishny, R. | 1997 | 999 | High (Top Tier) | High (Top Tier) | Classic study, market efficiency, arbitrage constraints | Explains the limits of arbitrage in financial markets |
| 18 | The psychology of risk: the behavioral finance perspective | Shefrin, H. | 2000 | 300 | High (Top Tier) | High (Top Tier) | Risk perception, decision-making biases, psychological effects | Explores how psychological factors shape risk-taking in financial decision-making |
| 19 | The disposition effect and underreaction to news | Odean, T. | 1998 | 276 | High (Top Tier) | High (Top Tier) | Empirical, investor bias, trading behavior | Investigates why investors tend to sell winning stocks too early and hold losing stocks too long |
| 20 | Prospect theory and asset prices | Barberis, N., Huang, M., Santos, T. | 2001 | 499 | High (Top Tier) | High (Top Tier) | Psychological insights, asset pricing, behavioral finance | Applies prospect theory to asset pricing and investor behavior |
| 21 | How investors interpret and react to past returns | Barberis, N., Shleifer, A. | 2003 | 271 | High (Top Tier) | High (Top Tier) | Investor psychology, market memory, behavioral responses | Studies how investors react to past returns when making investment decisions |
| 22 | Fear and greed in financial markets: a clinical study of day-traders | Fenton-O'Creevy, M. | 2004 | 215 | High (Top Tier) | High (Top Tier) | Experimental finance, emotions, trading psychology | Examines the role of emotions, such as fear and greed, in financial decision-making |
| 23 | Psychology-based models of asset prices and trading volume | Hirshleifer, D. | 2001 | 298 | High (Top Tier) | High (Top Tier) | Theoretical model, psychology integration, market trends | Develops psychology-based models explaining asset prices and trading volume |
| 24 | Overreaction and the psychology of stock market volatility | Shiller, R. | 2003 | 521 | High (Top Tier) | High (Top Tier) | Market volatility, investor sentiment, irrationality | Studies how investor psychology contributes to market volatility |
| 25 | Market efficiency, long-term returns, and behavioral finance | Fama, E.F. | 1998 | 625 | High (Top Tier) | High (Top Tier) | Efficiency debate, behavioral influences, financial anomalies | Explores the implications of behavioral finance for market efficiency |
| 25 | Self-enhancing transmission bias and active investing | Han, B., Hirshleifer, D. | 2015 | 47 | Medium (General Finance) | Medium (General Finance) | Investor bias, decision-making, market participation | Investigates the interaction between self-enhancing transmission bias and active investing |
| 26 | Behavioral finance: theories and evidence | Byrne, A., Brooks, M. | 2008 | 39 | Medium (General Finance) | Medium (General Finance) | Theoretical review, empirical insights, financial behavior | Provides a comprehensive overview of behavioral finance theories and evidence |
| 27 | Behavioral finance: an introduction | Baltussen, G. | 2009 | 37 | Medium (General Finance) | Medium (General Finance) | Introductory concepts, cognitive biases, financial anomalies | Introduces key concepts and findings in behavioral finance |
| 28 | A model of investor sentiment | Barberis, N., Shleifer, A., Vishny, R.W. | 1998 | 32 | Medium (General Finance) | Medium (General Finance) | Theoretical framework, asset pricing, investor psychology | Develops a model to understand investor sentiment and its influence on asset prices |
| 29 | Stocks’ pricing dynamics and behavioral finance: a review | Sinha, P.C. | 2015 | 7 | Medium (General Finance) | Medium (General Finance) | Market efficiency, price behavior, psychological influences | Reviews the connection between behavioral finance and stock price dynamics |
| 30 | The limits of the market-wide limits of arbitrage: insights from the dynamics of 100 anomalies | Jacobs, H. | 2014 | 3 | Medium (General Finance) | Medium (General Finance) | Arbitrage constraints, market inefficiencies, behavioral biases | Analyzes the limitations of arbitrage in behavioral finance |
| No. | Title | Authors | Year | Citations | Potential journal fit ( | Potential journal fit (JFE) | Key factors | Summary |
|---|---|---|---|---|---|---|---|---|
| 1 | Investor psychology and security market under- and overreactions | Wilcox, S.E. | 1999 | 521 | High (Top Tier) | High (Top Tier) | Strong time-series empirical work, market microstructure focus, investor behavior | Analyzes investor psychology and its impact on market overreactions and underreactions |
| 2 | A model of investor sentiment | Barberis, N., Shleifer, A., Vishny, R.W. | 1997 | 497 | High (Top Tier) | High (Top Tier) | Theoretical contribution, asset pricing focus, investor sentiment | Develops a model to understand investor sentiment and its influence on asset prices |
| 3 | A unified theory of under reaction, momentum trading, and overreaction in asset markets | Hong, H.G., Stein, J. | 1997 | 399 | High (Top Tier) | High (Top Tier) | Theoretical contribution, market dynamics focus, behavioral biases | Proposes a unified theory explaining underreaction, momentum trading, and overreaction in asset markets |
| 4 | A survey of behavioral finance | Barberis, N., Thaler, R. | 2002 | 261 | High (Top Tier) | High (Top Tier) | Comprehensive review, foundational work, investor behavior | Provides a comprehensive survey of the field of behavioral finance |
| 5 | Investor psychology and asset pricing | Hirshleifer, D. | 2001 | 229 | High (Top Tier) | High (Top Tier) | Asset pricing, behavioral biases, psychological influence | Explores the role of investor psychology in asset pricing |
| 6 | Limited attention, information disclosure, and financial reporting | Hirshleifer, D., Teoh, S. | 2003 | 185 | High (Top Tier) | High (Top Tier) | Limited attention theory, disclosure impact, market reaction | Examines how limited investor attention affects information disclosure and financial reporting |
| 7 | Volume, volatility, price, and profit when all traders are above average | Odean, T. | 1998 | 182 | High (Top Tier) | High (Top Tier) | Overconfidence bias, market efficiency, excessive trading | Analyzes market behavior when all traders overestimate their abilities |
| 8 | Mental accounting, loss aversion, and individual stock returns | Barberis, N., Huang, M. | 2001 | 98 | Medium (General Finance) | Medium (General Finance) | Experimental finance, prospect theory, stock performance | Analyzes how mental accounting and loss aversion influence individual stock returns |
| 9 | Overconfidence, arbitrage, and equilibrium asset pricing | Daniel, K., Hirshleifer, D., Subrahmanyam, A. | 2001 | 95 | Medium (General Finance) | Medium (General Finance) | Overconfidence, arbitrage limits, asset pricing impact | Examines the impact of overconfidence on asset pricing and equilibrium |
| 10 | Behavioral finance | Hirshleifer, D. | 2014 | 746 | High (Top Tier) | High (Top Tier) | Comprehensive, widely cited, broad applications | A comprehensive textbook on behavioral finance |
| 11 | Investor psychology in capital markets: evidence and policy implications | Daniel, K., Hirshleifer, D., Teoh, S. | 2001 | 655 | High (Top Tier) | High (Top Tier) | Empirical study, policy relevance, market psychology | Analyzes the implications of investor psychology for capital markets and policy |
| 12 | Behavioral finance: a review and synthesis | Subrahmanyam, A. | 2007 | 313 | High (Top Tier) | High (Top Tier) | Review paper, behavioral theories, financial anomalies | Reviews and synthesizes key concepts in behavioral finance |
| 13 | Behavioral corporate finance: a survey | Baker, M. | 2005 | 292 | High (Top Tier) | High (Top Tier) | Corporate finance, managerial decision-making, behavioral biases | Surveys the field of behavioral corporate finance |
| 14 | Behavioral corporate finance: an updated survey | Baker, M.P., Wurgler, J. | 2011 | 285 | High (Top Tier) | High (Top Tier) | Corporate finance, updated insights, managerial behavior | Updates the survey on behavioral corporate finance |
| 15 | Overconfident investors, predictable returns, and excessive trading | Daniel, K., Hirshleifer, D. | 2015 | 217 | High (Top Tier) | High (Top Tier) | Overconfidence bias, trading patterns, market inefficiency | Examines the relationship between overconfidence, predictable returns, and excessive trading |
| 16 | Noise trader risk in financial markets | De Long, J.B., Shleifer, A., Summers, L., Waldmann, R. | 1990 | 654 | High (Top Tier) | High (Top Tier) | Pioneering research, noise trader risk, price deviations | Discusses noise trader risk and its impact on financial markets |
| 17 | The limits of arbitrage | Shleifer, A., Vishny, R. | 1997 | 999 | High (Top Tier) | High (Top Tier) | Classic study, market efficiency, arbitrage constraints | Explains the limits of arbitrage in financial markets |
| 18 | The psychology of risk: the behavioral finance perspective | Shefrin, H. | 2000 | 300 | High (Top Tier) | High (Top Tier) | Risk perception, decision-making biases, psychological effects | Explores how psychological factors shape risk-taking in financial decision-making |
| 19 | The disposition effect and underreaction to news | Odean, T. | 1998 | 276 | High (Top Tier) | High (Top Tier) | Empirical, investor bias, trading behavior | Investigates why investors tend to sell winning stocks too early and hold losing stocks too long |
| 20 | Prospect theory and asset prices | Barberis, N., Huang, M., Santos, T. | 2001 | 499 | High (Top Tier) | High (Top Tier) | Psychological insights, asset pricing, behavioral finance | Applies prospect theory to asset pricing and investor behavior |
| 21 | How investors interpret and react to past returns | Barberis, N., Shleifer, A. | 2003 | 271 | High (Top Tier) | High (Top Tier) | Investor psychology, market memory, behavioral responses | Studies how investors react to past returns when making investment decisions |
| 22 | Fear and greed in financial markets: a clinical study of day-traders | Fenton-O'Creevy, M. | 2004 | 215 | High (Top Tier) | High (Top Tier) | Experimental finance, emotions, trading psychology | Examines the role of emotions, such as fear and greed, in financial decision-making |
| 23 | Psychology-based models of asset prices and trading volume | Hirshleifer, D. | 2001 | 298 | High (Top Tier) | High (Top Tier) | Theoretical model, psychology integration, market trends | Develops psychology-based models explaining asset prices and trading volume |
| 24 | Overreaction and the psychology of stock market volatility | Shiller, R. | 2003 | 521 | High (Top Tier) | High (Top Tier) | Market volatility, investor sentiment, irrationality | Studies how investor psychology contributes to market volatility |
| 25 | Market efficiency, long-term returns, and behavioral finance | Fama, E.F. | 1998 | 625 | High (Top Tier) | High (Top Tier) | Efficiency debate, behavioral influences, financial anomalies | Explores the implications of behavioral finance for market efficiency |
| 25 | Self-enhancing transmission bias and active investing | Han, B., Hirshleifer, D. | 2015 | 47 | Medium (General Finance) | Medium (General Finance) | Investor bias, decision-making, market participation | Investigates the interaction between self-enhancing transmission bias and active investing |
| 26 | Behavioral finance: theories and evidence | Byrne, A., Brooks, M. | 2008 | 39 | Medium (General Finance) | Medium (General Finance) | Theoretical review, empirical insights, financial behavior | Provides a comprehensive overview of behavioral finance theories and evidence |
| 27 | Behavioral finance: an introduction | Baltussen, G. | 2009 | 37 | Medium (General Finance) | Medium (General Finance) | Introductory concepts, cognitive biases, financial anomalies | Introduces key concepts and findings in behavioral finance |
| 28 | A model of investor sentiment | Barberis, N., Shleifer, A., Vishny, R.W. | 1998 | 32 | Medium (General Finance) | Medium (General Finance) | Theoretical framework, asset pricing, investor psychology | Develops a model to understand investor sentiment and its influence on asset prices |
| 29 | Stocks’ pricing dynamics and behavioral finance: a review | Sinha, P.C. | 2015 | 7 | Medium (General Finance) | Medium (General Finance) | Market efficiency, price behavior, psychological influences | Reviews the connection between behavioral finance and stock price dynamics |
| 30 | The limits of the market-wide limits of arbitrage: insights from the dynamics of 100 anomalies | Jacobs, H. | 2014 | 3 | Medium (General Finance) | Medium (General Finance) | Arbitrage constraints, market inefficiencies, behavioral biases | Analyzes the limitations of arbitrage in behavioral finance |
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