We study how investors allocate attention between firm-specific and aggregate information in earnings announcements. hypothesize that as the number of firms announcing on a given day increases, so too does net benefit processing rather than idiosyncratic Consistent with this prediction, we show uncertainty declines days more announcements, while simultaneously increases. further investor behavi...

Market reaction to firm-release public information relies on dissemination of news by the media and processing of information by attentive investors. We directly examine the impact of media coverage and investor attention conditional on the same information event by investigating the post earnings announcement drift of A-shares and H-shares of multi-listed Chinese firms. Relatively higher local...

We explore the impact of investor attention on idiosyncratic risk in cryptocurrency markets. Taking Google Trends Index as measure attention, we find that can significantly reduce cryptocurrencies’ risks by increasing liquidity. further study possible cross-sectional variations effect risk. Evidence shows is more pronounced for smaller-cap and younger cryptocurrencies. Moreover, a relatively st...

In this commentary, we endorse concerns about the health impact of the trans-pacific partnership (TPP), paying particular attention to its mechanisms for investor state dispute settlement. We then describe the different, judgeled approach being advocated by the European Commission team negotiating the Trans-Atlantic Trade and Investment Partnership, arguing that, while not perfect, it offers si...