 Investors Decisions in the Light of Exploitable Predictable Irrationality Effect on Warsaw Stock Exchange: The Case of UEFA EURO 2012 and 2016Sebastian Majewski ()
Chapter Chapter 11 in Neuroeconomic and Behavioral Aspects of Decision Making, 2017, pp 175-184 from Springer Abstract: Abstract Football, called in USA soccer, has the huge impact on everyday life especially during big events such as European Championships and World Championships. Information about results, players and teams appear everywhere and with every occasion. During near 30 days media exists thanks to football events (not only matches). The recent work of Edmans et al. (J Finance 62:1967–1998, 2007) indicate that there is a strong relation between soccer games and local stock exchange. The aim of the chapter is to verify hypothesis that there exists the effect of UEFA EURO cups on the Warsaw Stock Exchange. The research was conducted on the example of stock exchange indexes: WIG, WIG20 and WIG30. The case study is an example of an activity of irrational factors during the process of making investment decisions. Keywords: Behavioral finance; Irrationality; Stock exchange forecasting (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-319-62938-4_11 Ordering information: This item can be ordered from DOI: 10.1007/978-3-319-62938-4_11 Access Statistics for this chapter More chapters in Springer Proceedings in Business and Economics from Springer |
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