Record Details
Field | Value |
---|---|
Title | The Bold and the Beautiful |
Names |
Kinser, Riley W.
(creator) Becker-Blease, John (advisor) |
Date Issued | 2014-05-16 (iso8601) |
Note | Honors Bachelor of Science (HBS) |
Abstract | This study looks at whether two physical characteristics, physical attractiveness and perceived competence, have an impact on student analysts finding large discrepancies between current price and target price. Equity reports published online by undergraduate and MBA students involved in student investment clubs and portfolio management classes are combined with pictures of the student analysts from their university’s archives. These pictures are then rated on attractiveness and competence. I use this data to construct a model to predict an analyst’s discrepancy between current price and target price. I find four noteworthy results. At the 5% significance level, analysts ranked in the top 10% in attractiveness are more likely to publish equity reports finding large discrepancies between current price and target price. At the 1% significance level, analysts ranked in the top 10% in perceived competence are more likely to publish equity reports finding large discrepancies between current price and target price. At the 1% significance level, as analysts gain experience in publishing equity reports the discrepancies they find decrease. At the 10% significance level, men find larger discrepancies between current price and target price than women. |
Genre | Thesis |
Topic | overconfidence |
Identifier | http://hdl.handle.net/1957/52061 |