Monday irrationality of investors in bursa Malaysia: The role of psychological biases

• Main Authors: Brahmana, Rayenda, Chee-Wooi, Hooy, Zamri, Ahmad
• 格式: E-Article
• 语言: English
• 出版: Malaysian Economic Association 2015
• 主题: HB Economic Theory; HM Sociology
• 在线阅读: http://ir.unimas.my/id/eprint/12018/1/No%2019%20%28abstrak%29.pdf; http://ir.unimas.my/id/eprint/12018/; http://www.scopus.com/inward/record.url?eid=2-s2.0-84957933950&partnerID=40&md5=6b6ee5e2a5696b63a6b5349f41d8507d

This study aims to investigate the role of psychological biases in determining the day-of-the-week Monday irrationality in Bursa Malaysia using daily data from 1 January 1999 until 30 December 2011. First, our findings proved the existence of Monday irrationality in Bursa Malaysia. Second, our analy...