{"created":"2023-06-20T16:40:36.882619+00:00","id":10913,"links":{},"metadata":{"_buckets":{"deposit":"b07985f6-bdf7-4b00-a536-b183773697b3"},"_deposit":{"created_by":3,"id":"10913","owners":[3],"pid":{"revision_id":0,"type":"depid","value":"10913"},"status":"published"},"_oai":{"id":"oai:kindai.repo.nii.ac.jp:00010913","sets":["14:923:1023:1039","21:3039:3527:3537"]},"author_link":["21079"],"item_2_alternative_title_3":{"attribute_name":"その他（別言語等）のタイトル","attribute_value_mlt":[{"subitem_alternative_title":"〈論文〉空売り制約と株価経路―行動ファイナンス的アプローチ―"}]},"item_2_biblio_info_21":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2012-07-01","bibliographicIssueDateType":"Issued"},"bibliographicIssueNumber":"1","bibliographicPageEnd":"14","bibliographicPageStart":"1","bibliographicVolumeNumber":"10","bibliographic_titles":[{"bibliographic_title":"生駒経済論叢"},{"bibliographic_title":"Ikoma Journal of Economics","bibliographic_titleLang":"en"}]}]},"item_2_description_33":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"[Abstract] Investor confidence affects financial markets. Information, noise, market frictions cause investor confidence to influence security prices, leading to a price different from the rational expectations value. This paper presents a simple theoretical model of asset prices where investor confidence is allowed to differ across traders, and across time — depending on observed outcomes. The presence of short-sales constraints causes asset prices to behave asymmetrically: short-run returns display reversal after good news, but momentum after bad news. This changes somewhat if investor confidence varies because of biased self-attribution: good news causes returns to exhibit short-run momentum and long-run reversal.","subitem_description_type":"Abstract"}]},"item_2_description_41":{"attribute_name":"フォーマット","attribute_value_mlt":[{"subitem_description":"application/pdf","subitem_description_type":"Other"}]},"item_2_publisher_14":{"attribute_name":"出版者 名前","attribute_value_mlt":[{"subitem_publisher":"近畿大学経済学会"}]},"item_2_source_id_22":{"attribute_name":"ISSN","attribute_value_mlt":[{"subitem_source_identifier":"13488686","subitem_source_identifier_type":"ISSN"}]},"item_2_text_8":{"attribute_name":"著者 所属","attribute_value_mlt":[{"subitem_text_value":"Kinki University, Faculty of Economics"}]},"item_2_text_9":{"attribute_name":"著者所属(翻訳)","attribute_value_mlt":[{"subitem_text_value":"近畿大学経済学部; 講師"}]},"item_2_version_type_12":{"attribute_name":"版","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_970fb48d4fbd8a85","subitem_version_type":"VoR"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"Mardyla, Grzegorz"},{"creatorName":"マルデワ, グジェゴシュ","creatorNameLang":"ja-Kana"}],"nameIdentifiers":[{}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_date","date":[{"dateType":"Available","dateValue":"2016-02-19"}],"displaytype":"detail","filename":"AA1196034X-20120731-0001.pdf","filesize":[{"value":"686.4 kB"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"label":"AA1196034X-20120731-0001.pdf","url":"https://kindai.repo.nii.ac.jp/record/10913/files/AA1196034X-20120731-0001.pdf"},"version_id":"40988886-6769-49ee-9e21-0b7041f748b7"}]},"item_keyword":{"attribute_name":"キーワード","attribute_value_mlt":[{"subitem_subject":"behavioral finance","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"overconfidence","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"underconfidence","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"overreaction","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"momentum","subitem_subject_language":"en","subitem_subject_scheme":"Other"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"departmental bulletin paper","resourceuri":"http://purl.org/coar/resource_type/c_6501"}]},"item_title":"〈Articles〉Stock Price Paths in Markets with Short-Sales Constraints Populated by Behavioral Traders","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"〈Articles〉Stock Price Paths in Markets with Short-Sales Constraints Populated by Behavioral Traders","subitem_title_language":"en"}]},"item_type_id":"2","owner":"3","path":["1039","3537"],"pubdate":{"attribute_name":"公開日","attribute_value":"2012-09-24"},"publish_date":"2012-09-24","publish_status":"0","recid":"10913","relation_version_is_last":true,"title":["〈Articles〉Stock Price Paths in Markets with Short-Sales Constraints Populated by Behavioral Traders"],"weko_creator_id":"3","weko_shared_id":3},"updated":"2023-06-20T19:17:54.331687+00:00"}