메뉴 건너뛰기




Volumn 39 Part B, Issue , 2013, Pages 275-317

The internal complexity of market logics: Financial sophistication and price determination

(1)  Feng, Vince a  

a NONE

Author keywords

Hybrid logics; Initial public offering; Market vocabulary; Price theory; Sociology of markets

Indexed keywords


EID: 85083616986     PISSN: 0733558X     EISSN: None     Source Type: Book Series    
DOI: 10.1108/S0733-558X(2013)0039AB022     Document Type: Chapter
Times cited : (2)

References (80)
  • 1
    • 0040805978 scopus 로고    scopus 로고
    • Stabilization activities by underwriters after initial public offerings
    • Aggarwal, R. (2000). Stabilization activities by underwriters after initial public offerings. Journal of Finance, 55, 1075–1104.
    • (2000) Journal of Finance , vol.55 , pp. 1075-1104
    • Aggarwal, R.1
  • 2
    • 0001760305 scopus 로고    scopus 로고
    • A true American system of finance: Frame resonance in the U.S. labor movement, 1866–1896
    • Babb, S. (1996). A true American system of finance: Frame resonance in the U.S. labor movement, 1866–1896. American Sociological Review, 61, 1033–1052.
    • (1996) American Sociological Review , vol.61 , pp. 1033-1052
    • Babb, S.1
  • 3
    • 1642419173 scopus 로고    scopus 로고
    • Market liquidity as a sentiment indicator
    • Baker, M., & Stein, J. C. (2004). Market liquidity as a sentiment indicator. Journal of Financial Markets, 7, 271–299.
    • (2004) Journal of Financial Markets , vol.7 , pp. 271-299
    • Baker, M.1    Stein, J.C.2
  • 4
    • 55949117180 scopus 로고    scopus 로고
    • Stocks as lotteries: The implications of probability weighting for security prices
    • Barberis, N., & Huang, M. (2008). Stocks as lotteries: The implications of probability weighting for security prices. American Economic Review, 98, 2066–2100.
    • (2008) American Economic Review , vol.98 , pp. 2066-2100
    • Barberis, N.1    Huang, M.2
  • 6
    • 66049100177 scopus 로고    scopus 로고
    • A survey of behavioral finance
    • G. M. Constantinides, M. Harris, & R. M. Stulz (Eds.), (Vol., pp. , Financial Markets and Asset Pricing. Oxford, UK: Elsevier North-Holland
    • Barberis, N., & Thaler, R. (2003). A survey of behavioral finance. In G. M. Constantinides, M. Harris, & R. M. Stulz (Eds.), Handbook of the economics of finance (Vol. 1B, pp. 1053–1124). Financial Markets and Asset Pricing. Oxford, UK: Elsevier North-Holland.
    • (2003) Handbook of the Economics of Finance , vol.1B , pp. 1053-1124
    • Barberis, N.1    Thaler, R.2
  • 7
    • 77955687685 scopus 로고    scopus 로고
    • Building sustainable hybrid organizations: The case of commercial microfinance organizations
    • Battilana, J., & Dorado, S. (2010). Building sustainable hybrid organizations: The case of commercial microfinance organizations. The Academy of Management Journal, 53(6), 1419–1440.
    • (2010) The Academy of Management Journal , vol.53 , Issue.6 , pp. 1419-1440
    • Battilana, J.1    Dorado, S.2
  • 8
    • 37149005683 scopus 로고
    • Investment banking, reputation, and the underpricing of initial public offerings
    • Beatty, R. P., & Ritter, J. R. (1986). Investment banking, reputation, and the underpricing of initial public offerings. Journal of Financial Economics, 15, 213–232.
    • (1986) Journal of Financial Economics , vol.15 , pp. 213-232
    • Beatty, R.P.1    Ritter, J.R.2
  • 9
    • 84906006114 scopus 로고
    • Myopic loss aversion and the equity premium puzzle
    • Benartzi, S., & Thaler, R. (1995). Myopic loss aversion and the equity premium puzzle. Quarterly Journal of Economics, 100, 75–92.
    • (1995) Quarterly Journal of Economics , vol.100 , pp. 75-92
    • Benartzi, S.1    Thaler, R.2
  • 10
    • 0039184677 scopus 로고
    • How investment bankers determine the offer price and allocation of new shares
    • Benveniste, L. M., & Spindt, P. A. (1989). How investment bankers determine the offer price and allocation of new shares. Journal of Financial Economics, 24, 343–361.
    • (1989) Journal of Financial Economics , vol.24 , pp. 343-361
    • Benveniste, L.M.1    Spindt, P.A.2
  • 11
    • 2342577512 scopus 로고    scopus 로고
    • Underwriter short covering in the IPO aftermarket: A clinical study
    • Boehmer, E., & Fishe, R. P. H. (2004). Underwriter short covering in the IPO aftermarket: A clinical study. Journal of Corporate Finance, 10(4), 575–594.
    • (2004) Journal of Corporate Finance , vol.10 , Issue.4 , pp. 575-594
    • Boehmer, E.1    Fishe, R.P.H.2
  • 12
    • 0030160688 scopus 로고    scopus 로고
    • Ownership dispersion, costly information, and IPO underpricing
    • Booth, J. R., & Chua, L. (1996). Ownership dispersion, costly information, and IPO underpricing. Journal of Financial Economics, 41, 291–310.
    • (1996) Journal of Financial Economics , vol.41 , pp. 291-310
    • Booth, J.R.1    Chua, L.2
  • 14
    • 0037855539 scopus 로고    scopus 로고
    • Underwriter reputation, initial returns, and long-run performance of IPO stocks
    • Carter, R. B., Dark, F. H., & Singh, A. K. (1998). Underwriter reputation, initial returns, and long-run performance of IPO stocks. Journal of Finance, 53(1), 285–311.
    • (1998) Journal of Finance , vol.53 , Issue.1 , pp. 285-311
    • Carter, R.B.1    Dark, F.H.2    Singh, A.K.3
  • 15
    • 84977731975 scopus 로고
    • Initial public offerings and underwriter reputation
    • Carter, R. B., & Manaster, S. (1990). Initial public offerings and underwriter reputation. Journal of Finance, 45, 1045–1067.
    • (1990) Journal of Finance , vol.45 , pp. 1045-1067
    • Carter, R.B.1    Manaster, S.2
  • 19
    • 12344291905 scopus 로고    scopus 로고
    • IPO pricing in ‘Hot’ market conditions: Who leaves money on the table
    • Derrien, F. (2005). IPO pricing in ‘Hot’ market conditions: Who leaves money on the table? Journal of Finance, 60, 487–521.
    • (2005) Journal of Finance , vol.60 , pp. 487-521
    • Derrien, F.1
  • 21
    • 0033724621 scopus 로고    scopus 로고
    • The market that antitrust built: Public policy, private coercion, and railroad acquisitions, 1825 to 1922
    • Dobbin, F., & Dowd, T. J. (2000). The market that antitrust built: Public policy, private coercion, and railroad acquisitions, 1825 to 1922. American Sociological Review, 65(5), 631–657.
    • (2000) American Sociological Review , vol.65 , Issue.5 , pp. 631-657
    • Dobbin, F.1    Dowd, T.J.2
  • 22
    • 77954252202 scopus 로고    scopus 로고
    • Institutional logics and institutional pluralism: The contestation of care and science logics in medical education, 1967–2005
    • Dunn, M. B., & Jones, C. (2010). Institutional logics and institutional pluralism: The contestation of care and science logics in medical education, 1967–2005. Administrative Science Quarterly, 55, 114–149.
    • (2010) Administrative Science Quarterly , vol.55 , pp. 114-149
    • Dunn, M.B.1    Jones, C.2
  • 23
    • 33845209277 scopus 로고    scopus 로고
    • Arbitrage, state prices and portfolio theory
    • G. M. Constantinides, M. Harris, & R. M. Stulz (Eds.), (Vol., pp. , Financial Markets and Asset Pricing. Oxford, UK: Elsevier North-Holland
    • Dybvig, P. H., & Ross, S. A. (2003). Arbitrage, state prices and portfolio theory. In G. M. Constantinides, M. Harris, & R. M. Stulz (Eds.), Handbook of the economics of finance (Vol. 1B, pp. 606–637). Financial Markets and Asset Pricing. Oxford, UK: Elsevier North-Holland.
    • (2003) Handbook of the Economics of Finance , vol.1B , pp. 606-637
    • Dybvig, P.H.1    Ross, S.A.2
  • 24
    • 0040958428 scopus 로고    scopus 로고
    • When the underwriter is the market maker: An examination of trading in the IPO aftermarket
    • Ellis, K, Michaely, R., & O’Hara, M. (2000). When the underwriter is the market maker: An examination of trading in the IPO aftermarket. Journal of Finance, 55, 1039–1074.
    • (2000) Journal of Finance , vol.55 , pp. 1039-1074
    • Ellis, K.1    Michaely, R.2    O’Hara, M.3
  • 25
    • 0043095578 scopus 로고    scopus 로고
    • The making of a dealer market: From entry to equilibrium in the trading of Nasdaq stocks
    • Ellis, K., Michaely, R., & O’Hara, M. (2002). The making of a dealer market: From entry to equilibrium in the trading of Nasdaq stocks. Journal of Finance, 57, 2289–2316.
    • (2002) Journal of Finance , vol.57 , pp. 2289-2316
    • Ellis, K.1    Michaely, R.2    O’Hara, M.3
  • 26
    • 0002528209 scopus 로고
    • The behavior of stock-market prices
    • Fama, E. F. (1965). The behavior of stock-market prices. Journal of Business, 38, 34–105.
    • (1965) Journal of Business , vol.38 , pp. 34-105
    • Fama, E.F.1
  • 28
    • 84977707061 scopus 로고
    • Stock returns, expected returns, and real activity
    • Fama, E. F. (1990). Stock returns, expected returns, and real activity. Journal of Finance, 45, 1089–1108.
    • (1990) Journal of Finance , vol.45 , pp. 1089-1108
    • Fama, E.F.1
  • 29
    • 84977737676 scopus 로고
    • The cross-section of expected stock returns
    • Fama, E. F., & French, K. R. (1992). The cross-section of expected stock returns. Journal of Finance, 47, 427–465.
    • (1992) Journal of Finance , vol.47 , pp. 427-465
    • Fama, E.F.1    French, K.R.2
  • 30
    • 0000172445 scopus 로고
    • Separation of ownership and control
    • Fama, E. F., & Jensen, M. C. (1983). Separation of ownership and control. Journal of Law and Economics, 26(2), 301–325.
    • (1983) Journal of Law and Economics , vol.26 , Issue.2 , pp. 301-325
    • Fama, E.F.1    Jensen, M.C.2
  • 31
    • 11344294937 scopus 로고    scopus 로고
    • Economics language and assumptions: How theories can become self-fulfilling
    • Ferraro, F., Pfeffer, J., & Sutton, R. I. (2005). Economics language and assumptions: How theories can become self-fulfilling. Academy of Management Review, 30(1), 8–24.
    • (2005) Academy of Management Review , vol.30 , Issue.1 , pp. 8-24
    • Ferraro, F.1    Pfeffer, J.2    Sutton, R.I.3
  • 34
    • 0003503610 scopus 로고
    • Bringing society back in: Symbols, practices, and institutional contradictions
    • W. W. Powell & P. J. DiMaggio (Eds.), (pp., Chicago, IL: University of Chicago Press
    • Friedland, R., & Alford, R. R. (1991). Bringing society back in: Symbols, practices, and institutional contradictions. In W. W. Powell & P. J. DiMaggio (Eds.), The new institutionalism in organizational analysis (pp. 232–263). Chicago, IL: University of Chicago Press.
    • (1991) The New Institutionalism in Organizational Analysis , pp. 232-263
    • Friedland, R.1    Alford, R.R.2
  • 36
    • 0030511668 scopus 로고    scopus 로고
    • Understanding radical organizational change: Bringing together the old and the new institutionalism
    • Greenwood, R., & Hinings, C. R. (1996). Understanding radical organizational change: Bringing together the old and the new institutionalism. Academy of Management Review, 21, 1022–1054.
    • (1996) Academy of Management Review , vol.21 , pp. 1022-1054
    • Greenwood, R.1    Hinings, C.R.2
  • 38
    • 0035588513 scopus 로고    scopus 로고
    • Underpricing and entrepreneurial wealth losses in IPOs: Theory and evidence
    • Habib, M. A., & Ljungqvist, A. P. (2001). Underpricing and entrepreneurial wealth losses in IPOs: Theory and evidence. The Review of Financial Studies, 14, 433–458.
    • (2001) The Review of Financial Studies , vol.14 , pp. 433-458
    • Habib, M.A.1    Ljungqvist, A.P.2
  • 39
    • 84934453969 scopus 로고
    • From ambushes to golden parachutes: Corporate takeovers as an instance of cultural framing and institutional integration
    • Hirsch, P. M. (1986). From ambushes to golden parachutes: Corporate takeovers as an instance of cultural framing and institutional integration. American Journal of Sociology, 91, 800– 837.
    • (1986) American Journal of Sociology , vol.91 , pp. 800-837
    • Hirsch, P.M.1
  • 40
    • 0000398111 scopus 로고    scopus 로고
    • Investor psychology and asset pricing
    • Hirshleifer, D. (2001). Investor psychology and asset pricing. Journal of Finance, 56, 1533–1597.
    • (2001) Journal of Finance , vol.56 , pp. 1533-1597
    • Hirshleifer, D.1
  • 41
    • 44649197264 scopus 로고
    • Theory of the firm: Managerial behavior, agency costs, and ownership structure
    • Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs, and ownership structure. Journal of Financial Economics, 3, 305–360.
    • (1976) Journal of Financial Economics , vol.3 , pp. 305-360
    • Jensen, M.C.1    Meckling, W.H.2
  • 42
  • 43
    • 0001331917 scopus 로고
    • Anomalies: The endowment effect, loss aversion, and the coase theorem
    • Kahneman, D., Knetsch, J. L., & Thaler, R. H. (1991). Anomalies: The endowment effect, loss aversion, and the coase theorem. Journal of Economic Perspectives, 5, 193–206.
    • (1991) Journal of Economic Perspectives , vol.5 , pp. 193-206
    • Kahneman, D.1    Knetsch, J.L.2    Thaler, R.H.3
  • 44
    • 0000125532 scopus 로고
    • Prospect theory: An analysis of decision under risk
    • Kahneman, D., & Tversky, A. (1979). Prospect theory: An analysis of decision under risk. Econometrica, 47, 263–291.
    • (1979) Econometrica , vol.47 , pp. 263-291
    • Kahneman, D.1    Tversky, A.2
  • 45
    • 85197327451 scopus 로고    scopus 로고
    • Kaustia, M., & Knu¨ pfer, S. (2008). Do investors overweight personal experience? Evidence from IPO subscriptions. Journal of Finance, 63, 2679–2702.
    • Kaustia, M., & Knu¨ pfer, S. (2008). Do investors overweight personal experience? Evidence from IPO subscriptions. Journal of Finance, 63, 2679–2702.
  • 46
    • 0000112757 scopus 로고    scopus 로고
    • The persistence of IPO mispricing and the predictive power of flipping
    • Krigman, L., Shaw, W. H., & Womack, K. L. (1999). The persistence of IPO mispricing and the predictive power of flipping. The Journal of Finance, 54, 1015–1044.
    • (1999) The Journal of Finance , vol.54 , pp. 1015-1044
    • Krigman, L.1    Shaw, W.H.2    Womack, K.L.3
  • 47
    • 27944492592 scopus 로고    scopus 로고
    • Hot markets, investor sentiment, and IPO pricing
    • Ljungvist, A., Nanda, V., & Singh, R. (2006). Hot markets, investor sentiment, and IPO pricing. Journal of Business, 79, 1667–1702.
    • (2006) Journal of Business , vol.79 , pp. 1667-1702
    • Ljungvist, A.1    Nanda, V.2    Singh, R.3
  • 48
    • 0142250304 scopus 로고    scopus 로고
    • IPO pricing in the dot-com bubble
    • Ljungqvist, A., & Wilhelm, W. J., Jr. (2003). IPO pricing in the dot-com bubble. Journal of Finance, 58, 723–752.
    • (2003) Journal of Finance , vol.58 , pp. 723-752
    • Ljungqvist, A.1    Wilhelm, W.J.2
  • 49
    • 84863621880 scopus 로고    scopus 로고
    • Vocabularies and vocabulary structure: A new approach linking categories, practices, and institutions
    • Loewenstein, J., Ocasio, W., & Jones, C. (2012). Vocabularies and vocabulary structure: A new approach linking categories, practices, and institutions. The Academy of Management Annals, 6(1), 41–86.
    • (2012) The Academy of Management Annals , vol.6 , Issue.1 , pp. 41-86
    • Loewenstein, J.1    Ocasio, W.2    Jones, C.3
  • 50
    • 0141942630 scopus 로고    scopus 로고
    • What is special about the roles of underwriter reputation and market activities in initial public offerings?
    • Logue, D. E., Rogalski, R. J., Seward, J. K., & Foster-Johnson, L. (2002). What is special about the roles of underwriter reputation and market activities in initial public offerings? The Journal of Business, 75(2), 213–243.
    • (2002) The Journal of Business , vol.75 , Issue.2 , pp. 213-243
    • Logue, D.E.1    Rogalski, R.J.2    Seward, J.K.3    Foster-Johnson, L.4
  • 51
    • 0036108222 scopus 로고    scopus 로고
    • Why don’t issuers get upset about leaving money on the table in IPOs?
    • Loughran, T., & Ritter, J. R. (2002). Why don’t issuers get upset about leaving money on the table in IPOs? Review of Financial Studies, 15, 413–443.
    • (2002) Review of Financial Studies , vol.15 , pp. 413-443
    • Loughran, T.1    Ritter, J.R.2
  • 53
    • 0036003246 scopus 로고    scopus 로고
    • Institutional transformation and status mobility: The professionaliza-tion of the field of finance
    • Lounsbury, M. (2002). Institutional transformation and status mobility: The professionaliza-tion of the field of finance. Academy of Management Journal, 45, 255–266.
    • (2002) Academy of Management Journal , vol.45 , pp. 255-266
    • Lounsbury, M.1
  • 54
    • 34248562991 scopus 로고    scopus 로고
    • A tale of two cities: Competing logics and practice variation in the professionalizing of mutual funds
    • Lounsbury, M. (2007). A tale of two cities: Competing logics and practice variation in the professionalizing of mutual funds. Academy of Management Journal, 50, 289–307.
    • (2007) Academy of Management Journal , vol.50 , pp. 289-307
    • Lounsbury, M.1
  • 55
    • 1842733189 scopus 로고    scopus 로고
    • Sources of durability and change in market classifications: A study of the reconstitution of product categories in the American mutual fund industry, 1944–1985
    • Lounsbury, M., & Rao, H. (2004). Sources of durability and change in market classifications: A study of the reconstitution of product categories in the American mutual fund industry, 1944–1985. Social Forces, 82(3), 969–999.
    • (2004) Social Forces , vol.82 , Issue.3 , pp. 969-999
    • Lounsbury, M.1    Rao, H.2
  • 56
    • 0001492249 scopus 로고    scopus 로고
    • Economic analysis of social interactions
    • Manski, C. F. (2000). Economic analysis of social interactions. Journal of Economic Perspectives, 14, 115–156.
    • (2000) Journal of Economic Perspectives , vol.14 , pp. 115-156
    • Manski, C.F.1
  • 57
    • 34548783195 scopus 로고    scopus 로고
    • Vive la Re´ sistance: Competing logics in the consolidation of community banking
    • Marquis, C., & Lounsbury, M. (2007). Vive la Re´ sistance: Competing logics in the consolidation of community banking. Academy of Management Journal, 50, 799–820.
    • (2007) Academy of Management Journal , vol.50 , pp. 799-820
    • Marquis, C.1    Lounsbury, M.2
  • 58
    • 84925981298 scopus 로고
    • Restricted access in networks and models of power
    • Marsden, P. V. (1983). Restricted access in networks and models of power. American Journal of Sociology, 88(4), 686–717.
    • (1983) American Journal of Sociology , vol.88 , Issue.4 , pp. 686-717
    • Marsden, P.V.1
  • 59
    • 84916929634 scopus 로고
    • Risk, uncertainty, and divergence of opinion
    • Miller, E. M. (1977). Risk, uncertainty, and divergence of opinion. Journal of Finance, 31, 1151– 1168.
    • (1977) Journal of Finance , vol.31 , pp. 1151-1168
    • Miller, E.M.1
  • 60
    • 0005797683 scopus 로고
    • Language, logic and culture
    • Mills, C. W. (1939). Language, logic and culture. American Sociological Review, 5, 670–680.
    • (1939) American Sociological Review , vol.5 , pp. 670-680
    • Mills, C.W.1
  • 61
    • 77956994139 scopus 로고    scopus 로고
    • Event attention, environmental sensemaking, and change in institutional logics: An inductive analysis of the effects of public attention to Clinton’s health care reform initiative
    • Nigam, A., & Ocasio, W. (2010). Event attention, environmental sensemaking, and change in institutional logics: An inductive analysis of the effects of public attention to Clinton’s health care reform initiative. Organization Science, 21(4), 823–841.
    • (2010) Organization Science , vol.21 , Issue.4 , pp. 823-841
    • Nigam, A.1    Ocasio, W.2
  • 62
    • 0346907827 scopus 로고    scopus 로고
    • Volume, volatility, price, and profit when all traders are above average
    • Odean, T. (1998). Volume, volatility, price, and profit when all traders are above average. Journal of Finance, 53, 1887–1934.
    • (1998) Journal of Finance , vol.53 , pp. 1887-1934
    • Odean, T.1
  • 63
    • 77953352743 scopus 로고    scopus 로고
    • When worlds collide: The internal dynamics of organizational responses to conflicting institutional demands
    • Pache, A.-C., & Santos, F. M. (2010). When worlds collide: The internal dynamics of organizational responses to conflicting institutional demands. Academy of Management Review, 35(3), 455–476.
    • (2010) Academy of Management Review , vol.35 , Issue.3 , pp. 455-476
    • Pache, A.-C.1    Santos, F.M.2
  • 65
    • 70449580641 scopus 로고    scopus 로고
    • Managing the rivalry of competing institutional logics
    • Reay, T., & Hinings, C. R. (2009). Managing the rivalry of competing institutional logics. Organization Studies, 30(6), 629–652.
    • (2009) Organization Studies , vol.30 , Issue.6 , pp. 629-652
    • Reay, T.1    Hinings, C.R.2
  • 66
    • 0001228346 scopus 로고
    • Signaling and the valuation of unseasoned new issues: A comment
    • Ritter, J. R. (1984). Signaling and the valuation of unseasoned new issues: A comment. The Journal of Finance, 39(4), 1231–1237.
    • (1984) The Journal of Finance , vol.39 , Issue.4 , pp. 1231-1237
    • Ritter, J.R.1
  • 67
    • 84977717063 scopus 로고
    • The long-run performance of initial public offerings
    • Ritter, J. R. (1991). The long-run performance of initial public offerings. The Journal of Finance, 46, 3–27.
    • (1991) The Journal of Finance , vol.46 , pp. 3-27
    • Ritter, J.R.1
  • 68
    • 0038193294 scopus 로고    scopus 로고
    • A review of IPO activity, pricing, and allocations
    • Ritter, J. R., & Welch, I. (2002). A review of IPO activity, pricing, and allocations. The Journal of Finance, 57, 1795–1828.
    • (2002) The Journal of Finance , vol.57 , pp. 1795-1828
    • Ritter, J.R.1    Welch, I.2
  • 73
    • 85197328921 scopus 로고    scopus 로고
    • Topper, D. (2012). The IPO process: Separating fact from fiction. Retrieved from http://www.generalatlantic.com/en/news/article/1843. Accessed on July 10, 2012.
    • Topper, D. (2012). The IPO process: Separating fact from fiction. Retrieved from http://www.generalatlantic.com/en/news/article/1843. Accessed on July 10, 2012.
  • 74
    • 79851484468 scopus 로고    scopus 로고
    • Bridging institutional entrepreneurship and the creation of new organizational forms: A multilevel model
    • Tracey, P., Phillips, N., & Jarvis, O. (2011). Bridging institutional entrepreneurship and the creation of new organizational forms: A multilevel model. Organization Science, 22(1), 60–80.
    • (2011) Organization Science , vol.22 , Issue.1 , pp. 60-80
    • Tracey, P.1    Phillips, N.2    Jarvis, O.3
  • 75
    • 31744450082 scopus 로고
    • Advances in prospect theory: Cumulative representation of uncertainty
    • Tversky, A., & Kahneman, D. (1992). Advances in prospect theory: Cumulative representation of uncertainty. Journal of Risk and Uncertainty, 5(4), 297–323.
    • (1992) Journal of Risk and Uncertainty , vol.5 , Issue.4 , pp. 297-323
    • Tversky, A.1    Kahneman, D.2
  • 78
    • 84977727359 scopus 로고
    • Sequential sales, learning, and cascades
    • Welch, I. (1992). Sequential sales, learning, and cascades. Journal of Finance, 47(2), 695–732.
    • (1992) Journal of Finance , vol.47 , Issue.2 , pp. 695-732
    • Welch, I.1
  • 79
    • 4143058161 scopus 로고    scopus 로고
    • The social construction of market value: Institutionalization and learning perspectives on stock market reactions
    • Zajac, E. J., & Westphal, J. D. (2004). The social construction of market value: Institutionalization and learning perspectives on stock market reactions. American Sociological Review, 69, 433–457.
    • (2004) American Sociological Review , vol.69 , pp. 433-457
    • Zajac, E.J.1    Westphal, J.D.2
  • 80
    • 34248531968 scopus 로고    scopus 로고
    • Speaking the same language: The cooperative effects of labeling in the prisoner’s dilemma
    • Zhong, C.-B., Loewenstein, J., & Murnighan, J. K. (2007). Speaking the same language: The cooperative effects of labeling in the prisoner’s dilemma. Journal of Conflict Resolution, 51(3), 431–456.
    • (2007) Journal of Conflict Resolution , vol.51 , Issue.3 , pp. 431-456
    • Zhong, C.-B.1    Loewenstein, J.2    Murnighan, J.K.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.