{"id":"https://openalex.org/W2085920165","doi":"https://doi.org/10.2139/ssrn.690501","title":"Fear and Greed in Financial Markets: A Clinical Study of Day-Traders","display_name":"Fear and Greed in Financial Markets: A Clinical Study of Day-Traders","publication_year":2005,"publication_date":"2005-01-01","ids":{"openalex":"https://openalex.org/W2085920165","doi":"https://doi.org/10.2139/ssrn.690501","mag":"2085920165"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.690501","doi":"https://doi.org/10.2139/ssrn.690501","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.690501","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.690501","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5109980718","display_name":"Andrew W. Lo","orcid":"https://orcid.org/0000-0003-2944-7773","observed_orcids":["https://orcid.org/0000-0003-2944-7773"]},"institutions":[{"id":"https://openalex.org/I1308548392","display_name":"Santa Fe Institute","ror":"https://ror.org/01arysc35","country_code":"US","type":"funder","lineage":["https://openalex.org/I1308548392"]},{"id":"https://openalex.org/I63966007","display_name":"Massachusetts Institute of Technology","ror":"https://ror.org/042nb2s44","country_code":"US","type":"education","lineage":["https://openalex.org/I63966007"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Andrew W. Lo","raw_affiliation_strings":["Massachusetts Institute of Technology (MIT) - Laboratory for Financial Engineering, 100 Main Street, E62-618, Cambridge, MA 02142, United States","Santa Fe Institute, 1399 Hyde Park Road, Santa Fe, NM 87501, United States","Massachusetts Institute of Technology (MIT) - Laboratory for Financial Engineering","Santa Fe Institute"],"raw_orcid":"https://orcid.org/0000-0003-2944-7773","affiliations":[{"raw_affiliation_string":"Massachusetts Institute of Technology (MIT) - Laboratory for Financial Engineering, 100 Main Street, E62-618, Cambridge, MA 02142, United States","institution_ids":["https://openalex.org/I63966007"]},{"raw_affiliation_string":"Santa Fe Institute, 1399 Hyde Park Road, Santa Fe, NM 87501, United States","institution_ids":["https://openalex.org/I1308548392"]},{"raw_affiliation_string":"Massachusetts Institute of Technology (MIT) - Laboratory for Financial Engineering","institution_ids":["https://openalex.org/I63966007"]},{"raw_affiliation_string":"Santa Fe Institute","institution_ids":["https://openalex.org/I1308548392"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5069334936","display_name":"\u0414\u043c\u0438\u0442\u0440\u0438\u0439 \u0412\u043b\u0430\u0434\u0438\u043c\u0438\u0440\u043e\u0432\u0438\u0447 \u0420\u0435\u043f\u0438\u043d","orcid":"https://orcid.org/0000-0001-8436-1177","observed_orcids":["https://orcid.org/0000-0001-8436-1177"]},"institutions":[{"id":"https://openalex.org/I118501908","display_name":"National Research University Higher School of Economics","ror":"https://ror.org/055f7t516","country_code":"RU","type":"education","lineage":["https://openalex.org/I118501908"]},{"id":"https://openalex.org/I2800142400","display_name":"Skolkovo Moscow School of Management","ror":"https://ror.org/04z9fas77","country_code":"RU","type":"education","lineage":["https://openalex.org/I2800142400"]},{"id":"https://openalex.org/I63966007","display_name":"Massachusetts Institute of Technology","ror":"https://ror.org/042nb2s44","country_code":"US","type":"education","lineage":["https://openalex.org/I63966007"]}],"countries":["RU","US"],"is_corresponding":false,"raw_author_name":"Dmitry V. Repin","raw_affiliation_strings":["Improbability Foundation, Rue De-Candolle 19, Geneve, 1250, Switzerland","Massachusetts Institute of Technology (MIT) - Sloan School of Management, Lab for Financial Engineering, Cambridge, MA 02142, United States","National Research University Higher School of Economics, Myasnitskaya street, 20, Moscow, Moscow 119017, Russia","SKOLKOVO Moscow School of Management, 1st km of Skolkovo highway, Odintsovsky District, Moscow Region, Russia","Improbability Foundation","Massachusetts Institute of Technology (MIT) - Sloan School of Management","National Research University Higher School of Economics","SKOLKOVO Moscow School of Management"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Improbability Foundation, Rue De-Candolle 19, Geneve, 1250, Switzerland","institution_ids":[]},{"raw_affiliation_string":"Massachusetts Institute of Technology (MIT) - Sloan School of Management, Lab for Financial Engineering, Cambridge, MA 02142, United States","institution_ids":["https://openalex.org/I63966007"]},{"raw_affiliation_string":"National Research University Higher School of Economics, Myasnitskaya street, 20, Moscow, Moscow 119017, Russia","institution_ids":["https://openalex.org/I118501908"]},{"raw_affiliation_string":"SKOLKOVO Moscow School of Management, 1st km of Skolkovo highway, Odintsovsky District, Moscow Region, Russia","institution_ids":["https://openalex.org/I2800142400"]},{"raw_affiliation_string":"Improbability Foundation","institution_ids":[]},{"raw_affiliation_string":"Massachusetts Institute of Technology (MIT) - Sloan School of Management","institution_ids":["https://openalex.org/I63966007"]},{"raw_affiliation_string":"National Research University Higher School of Economics","institution_ids":["https://openalex.org/I118501908"]},{"raw_affiliation_string":"SKOLKOVO Moscow School of Management","institution_ids":["https://openalex.org/I2800142400"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5013758416","display_name":"Brett N. Steenbarger","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I20388574","display_name":"SUNY Upstate Medical University","ror":"https://ror.org/040kfrw16","country_code":"US","type":"education","lineage":["https://openalex.org/I20388574"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Brett N. Steenbarger","raw_affiliation_strings":["SUNY Upstate Medical University - Department of Psychiatry and Behavioral Sciences, 13 Harrison Street, Syracuse, NY 13210, United States","SUNY Upstate Medical University - Department of Psychiatry and Behavioral Sciences"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"SUNY Upstate Medical University - Department of Psychiatry and Behavioral Sciences, 13 Harrison Street, Syracuse, NY 13210, United States","institution_ids":["https://openalex.org/I20388574"]},{"raw_affiliation_string":"SUNY Upstate Medical University - Department of Psychiatry and Behavioral Sciences","institution_ids":["https://openalex.org/I20388574"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":5,"corresponding_author_ids":["https://openalex.org/A5109980718"],"corresponding_institution_ids":["https://openalex.org/I1308548392","https://openalex.org/I63966007"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":93,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9810000061988831,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9810000061988831,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.017000000923871994,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13744","display_name":"Financial Literacy and Behavior","score":0.0003000000142492354,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/day-trading","display_name":"day trading","score":0.9330000281333923},{"id":"https://openalex.org/keywords/trade-performance","display_name":"trade performance","score":0.8500000238418579},{"id":"https://openalex.org/keywords/emotional-reactivity","display_name":"emotional reactivity","score":0.5230000019073486},{"id":"https://openalex.org/keywords/fear-and-greed","display_name":"fear and greed","score":0.7699999809265137},{"id":"https://openalex.org/keywords/personality-traits","display_name":"personality traits","score":0.800000011920929},{"id":"https://openalex.org/keywords/emotional-state","display_name":"emotional state","score":0.6700000166893005},{"id":"https://openalex.org/keywords/financial-markets","display_name":"financial markets","score":0.46700000762939453}],"concepts":[{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.499798059463501},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4810521900653839},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.463928759098053},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.38188636302948},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2700442671775818}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.2139/ssrn.690501","doi":"https://doi.org/10.2139/ssrn.690501","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.690501","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:RePEc:nbr:nberwo:11243","doi":null,"is_oa":false,"landing_page_url":"http://www.nber.org/papers/w11243.pdf","pdf_url":"http://www.nber.org/papers/w11243.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:aleph.bib-bvb.de:BVB01-016906740","doi":null,"is_oa":false,"landing_page_url":"http://papers.nber.org/papers/w11243.pdf","pdf_url":"http://papers.nber.org/papers/w11243.pdf","source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"text"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.145.9549","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.145.9549","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.cis.upenn.edu/~mkearns/finread/lo-behavioral.pdf","raw_type":"text"}],"best_oa_location":{"id":"doi:10.2139/ssrn.690501","doi":"https://doi.org/10.2139/ssrn.690501","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.690501","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[{"display_name":"Observational Study","id":"https://openalex.org/study-designs/observational-study"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":70,"referenced_works":["https://openalex.org/W35828876","https://openalex.org/W628251046","https://openalex.org/W1524113715","https://openalex.org/W1527551739","https://openalex.org/W1581387623","https://openalex.org/W1592002512","https://openalex.org/W1594278800","https://openalex.org/W1763284903","https://openalex.org/W1858195100","https://openalex.org/W1911173473","https://openalex.org/W1966732563","https://openalex.org/W1966962584","https://openalex.org/W1967573895","https://openalex.org/W1969547130","https://openalex.org/W1984100048","https://openalex.org/W1990973103","https://openalex.org/W1992635903","https://openalex.org/W2001233357","https://openalex.org/W2006633893","https://openalex.org/W2009642094","https://openalex.org/W2011375080","https://openalex.org/W2011589242","https://openalex.org/W2025306585","https://openalex.org/W2031253489","https://openalex.org/W2038260027","https://openalex.org/W2042187870","https://openalex.org/W2043087435","https://openalex.org/W2045883408","https://openalex.org/W2048242333","https://openalex.org/W2058818389","https://openalex.org/W2061371720","https://openalex.org/W2081717017","https://openalex.org/W2087274395","https://openalex.org/W2095946684","https://openalex.org/W2113721692","https://openalex.org/W2124911764","https://openalex.org/W2130660393","https://openalex.org/W2146072196","https://openalex.org/W2147533150","https://openalex.org/W2149628368","https://openalex.org/W2156395333","https://openalex.org/W2157803167","https://openalex.org/W2161010501","https://openalex.org/W2168279613","https://openalex.org/W2170332928","https://openalex.org/W2170905535","https://openalex.org/W2261885769","https://openalex.org/W2426536232","https://openalex.org/W2497125049","https://openalex.org/W2734405222","https://openalex.org/W2896328440","https://openalex.org/W2922111843","https://openalex.org/W3005738009","https://openalex.org/W3021106386","https://openalex.org/W3118421614","https://openalex.org/W3120669575","https://openalex.org/W3121409256","https://openalex.org/W3122998758","https://openalex.org/W3124896223","https://openalex.org/W4206131599","https://openalex.org/W4231760770","https://openalex.org/W4233733072","https://openalex.org/W4241470522","https://openalex.org/W4246310348","https://openalex.org/W4247275324","https://openalex.org/W4254382607","https://openalex.org/W4255804243","https://openalex.org/W4285719527","https://openalex.org/W6792157231","https://openalex.org/W7023734166"],"related_works":["https://openalex.org/W7097258712","https://openalex.org/W4393060465","https://openalex.org/W2262758186","https://openalex.org/W6998627718","https://openalex.org/W7095193176","https://openalex.org/W7098590727","https://openalex.org/W4245635179","https://openalex.org/W7156569668","https://openalex.org/W2890994228","https://openalex.org/W1543096417"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":8},{"year":2022,"cited_by_count":7},{"year":2021,"cited_by_count":6},{"year":2020,"cited_by_count":4},{"year":2019,"cited_by_count":7},{"year":2018,"cited_by_count":5},{"year":2017,"cited_by_count":8},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":11},{"year":2012,"cited_by_count":9}],"updated_date":"2026-10-17T09:40:24.721904","created_date":"2016-06-24T00:00:00"}