Experts' earnings predictions exhibit positive bias and disappointing accuracy. These
shortcomings are usually attributed to some combination of incomplete knowledge …

This study investigates the determinants of financial analysts' forecasts differential accuracy
in 14 different European stock markets. Using the I/B/E/S Detail History Database, I find that …

Purpose The purpose of this paper is to detect quantitatively the existence of anchoring bias
among financial analysts on the Tunisian stock market. Both non-parametric and parametric …

Although interest in implementing the total quality management (TQM) philosophy as part of
competitive and operational strategies has been around for approximately 25 years, there …

A major task of financial analysts working for stockbrokers and investment firms is to forecast
future earnings of listed companies. The usefulness of their work crucially depends on the …

In this paper, we provide an equilibrium explanation for the observed optimism in analysts'
earnings forecasts. We show that a strategic analyst, who is motivated by improving the …

An experiment is reported which compares directional forecasting performance of experts,
novices and simple statistical models over three time horizons on a task involving …

Our objective is to present to investors a method allowing them to form a portfolio of title in
order to generate a profit while minimizing the risk due to the stock course fluctuations. For …

Résumé Les travaux en finance comportementale tentent, depuis quelques années,
d'expliquer certaines des anomalies constatées, en abandonnant l'idée de rationalité de …