Emotion, fear and superstition in the New Zealand stockmarket

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• Boyle is executive director of the NZ Institute for the Study of Competition and Regulation, Victoria University of Wellington; Hagan is a postgraduate student at Otago University; O'Connor is a research officer at Castalia; Whitwell is a credit manager for National Australia Bank. Work on this paper began while all authors were at Otago University. For helpful comments, we are grateful to John Howells, Vivien Pullar, an anonymous NZEP referee, and participants at the 2003 New Zealand Finance Colloquium. Peter Grundy provided valuable research assistance. Any remaining errors or ambiguities are our responsibility. Contact author: Glenn Boyle, NZ Institute for the Study of Competition and Regulation, PO Box 600, Wellington, New Zealand; [email protected].
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