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1. See Chap. 8 of Hands (Citation2001) for a general discussion of this approach.
2. See Wible (Citation1994a, Citation1994b).
3. See Sent (Citation2004) for a discussion of the differences between the ‘old’ and ‘new’ behavioral economics.
4. Thoma is primarily concerned with the impact/effect of trend-following rather than why it happens, but some of the reasons for it are examined in the Baddeley paper.
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