Superstition and financial decision making

In Chinese culture, certain digits are lucky and others unlucky. We test how such numerological superstition affects financial decision in the China initial public offering (IPO) market. We find that the frequency of lucky numerical stock listing codes exceeds what would be expected by chance. Also...

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Bibliographic Details
Main Authors: Hirshleifer, David, Jian, Ming, Zhang, Huai
Other Authors: Nanyang Business School
Format: Journal Article
Language:English
Published: 2019
Subjects:
Online Access:https://hdl.handle.net/10356/100614
http://hdl.handle.net/10220/48552