Interview

Click here to listen to a December 2013 audio interview with David Dreman, Chairman of Dreman Value Management. (14 minutes)

Studies of Market Analysts and Professionals

Does Analyst Optimism About Future Earnings Distort Stock Prices?
Copyright © 2002 by The Institute of Psychology and Markets
By: Stephen Ciccone

Stock Analysts: Experts on Whose Behalf?
Copyright © 2002 by The Institute of Psychology and Markets
By: Brian Bruce

Toward an Understanding of the Risky Choice Behavior of Professional Financial Analysts
Copyright © 2001 by The Institute of Psychology and Markets
By:James E. Hunton, Ruth Ann McEwen, and Sudip Bhattacharjee

Investment Surveys and Psychology

A Report on the March 2001 Investor Sentiment Survey
Copyright © 2001 by The Institute of Psychology and Markets
By: David Dreman, Stephen Johnson, Donald MacGregor, and Paul Slovic

The Old Psychology Behind "New Metrics"
Copyright © 2000 by The Institute of Psychology and Markets
Editorial Commentary

Images and Affect

Investing in Frankinfirms: Predicting Socially Unacceptable Risks
Copyright © 2000 by The Institute of Psychology and Markets
By: Baruch Fishhoff, Alain Nada, and Ilya Fischhoff

Imagery, Affect, and Financial Judgment
Copyright © 2000 by The Institute of Psychology and Markets
By: Donald G. MacGregor, Paul Slovic, David Dreman, and Michael Berry

Thought Contagion and Financial Economics: The Dividend Puzzle as a Case Study
Copyright © 2000 by The Institute of Psychology and Markets
By: George M. Frankfurter and Elton G. McGoun

Heuristics in Investor Decision Making
Copyright © 1998 by Simon & Schuster
Adapted from Chapter 10 of Contrarian Investment Strategies: The Next Generation
By: David Dreman
Reprinted with permission by the Author

Studies of Markets

"What Goes Up Must Come Down" - How Charts Influence Decisions to Buy and Sell Stocks
Copyright © 2003 by The Institute of Psychology and Markets
By: Thomas Mussweiler and Karl Schneller

Does the Market Have a Mind of Its Own, and Does It Get Carried Away With Excess Cash?
Copyright © 2002 by The Institute of Psychology and Markets
By: Gunduz Caginalp

Unconscious Herding Behavior as the Psychological Basis of Financial Market Trends and Patterns
Copyright © 2001 by The Institute of Psychology and Markets
By: Robert R. Prechter, Jr.

Financial Bubbles: Excess Cash, Momentum, and Incomplete Information
Copyright © 2001 by The Institute of Psychology and Markets
By: Gunduz Caginalp, David Porter, and Vernon L. Smith

Overreactions, Momentum, Liquidity, and Price Bubbles in Laboratory and Field Asset Markets
Copyright © 2000 by The Institute of Psychology and Markets
By: Gunduz Caginalp, David Porter, and Vernon L. Smith

Initial Public Offerings

The Changing Nature of the Initial Public Offering Market
Copyright © 2002 by The Institute of Psychology and Markets
By:Timothy Loughran