Financial investment behavior tendencies of air carriers

Yung Hsiang Cheng; Ann Shawing Yang; Yen Hua Liu

doi:10.1016/j.jairtraman.2008.12.004

Financial investment behavior tendencies of air carriers

Yung Hsiang Cheng, Ann Shawing Yang, Yen Hua Liu

Research output: Contribution to journal › Article › peer-review

2 Citations (Scopus)

Abstract

This study looks at the financial investment behavior of air carriers in Taiwan and the US stock markets. Application of the DHS model via behavioral finance theory indicates a tendency of becoming overly confident in Taiwan's domestic market. It is also known that Taiwanese investors react with excess optimism regardless of market conditions. Availability of private information before and after public announcements has little effect on investment behavior. Contrarily, US investors indicate a lower degree of overconfidence.

Original language	English
Pages (from-to)	354-356
Number of pages	3
Journal	Journal of Air Transport Management
Volume	15
Issue number	6
DOIs	https://doi.org/10.1016/j.jairtraman.2008.12.004
Publication status	Published - 2009 Nov

All Science Journal Classification (ASJC) codes

Transportation
Strategy and Management
Management, Monitoring, Policy and Law
Law

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10.1016/j.jairtraman.2008.12.004

Cite this

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title = "Financial investment behavior tendencies of air carriers",

abstract = "This study looks at the financial investment behavior of air carriers in Taiwan and the US stock markets. Application of the DHS model via behavioral finance theory indicates a tendency of becoming overly confident in Taiwan's domestic market. It is also known that Taiwanese investors react with excess optimism regardless of market conditions. Availability of private information before and after public announcements has little effect on investment behavior. Contrarily, US investors indicate a lower degree of overconfidence.",

author = "Cheng, {Yung Hsiang} and Yang, {Ann Shawing} and Liu, {Yen Hua}",

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Financial investment behavior tendencies of air carriers

Abstract

All Science Journal Classification (ASJC) codes

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