[{"date_updated":"2022-01-06T06:55:29Z","date_created":"2021-05-14T11:55:12Z","author":[{"first_name":"Tim","last_name":"Hasso","full_name":"Hasso, Tim"},{"first_name":"Daniel","last_name":"Müller","full_name":"Müller, Daniel","id":"50569"},{"orcid":" https://orcid.org/0000-0001-5740-2420","last_name":"Pelster","id":"67265","full_name":"Pelster, Matthias","first_name":"Matthias"},{"full_name":"Warkulat, Sonja","id":"67243","last_name":"Warkulat","first_name":"Sonja"}],"title":"Who participated in the GameStop frenzy? Evidence from brokerage accounts","doi":"10.1016/j.frl.2021.102140","main_file_link":[{"url":"https://doi.org/10.1016/j.frl.2021.102140"}],"quality_controlled":"1","publication_status":"accepted","related_material":{"link":[{"relation":"research_paper","url":"https://doi.org/10.1016/j.frl.2021.102140"}]},"year":"2021","jel":["G11"],"citation":{"ama":"Hasso T, Müller D, Pelster M, Warkulat S. Who participated in the GameStop frenzy? Evidence from brokerage accounts. <i>Finance Research Letters</i>. doi:<a href=\"https://doi.org/10.1016/j.frl.2021.102140\">10.1016/j.frl.2021.102140</a>","chicago":"Hasso, Tim, Daniel Müller, Matthias Pelster, and Sonja Warkulat. “Who Participated in the GameStop Frenzy? Evidence from Brokerage Accounts.” <i>Finance Research Letters</i>, n.d. <a href=\"https://doi.org/10.1016/j.frl.2021.102140\">https://doi.org/10.1016/j.frl.2021.102140</a>.","ieee":"T. Hasso, D. Müller, M. Pelster, and S. Warkulat, “Who participated in the GameStop frenzy? Evidence from brokerage accounts,” <i>Finance Research Letters</i>.","short":"T. Hasso, D. Müller, M. Pelster, S. Warkulat, Finance Research Letters (n.d.).","bibtex":"@article{Hasso_Müller_Pelster_Warkulat, title={Who participated in the GameStop frenzy? Evidence from brokerage accounts}, DOI={<a href=\"https://doi.org/10.1016/j.frl.2021.102140\">10.1016/j.frl.2021.102140</a>}, number={102140}, journal={Finance Research Letters}, author={Hasso, Tim and Müller, Daniel and Pelster, Matthias and Warkulat, Sonja} }","mla":"Hasso, Tim, et al. “Who Participated in the GameStop Frenzy? Evidence from Brokerage Accounts.” <i>Finance Research Letters</i>, 102140, doi:<a href=\"https://doi.org/10.1016/j.frl.2021.102140\">10.1016/j.frl.2021.102140</a>.","apa":"Hasso, T., Müller, D., Pelster, M., &#38; Warkulat, S. (n.d.). Who participated in the GameStop frenzy? Evidence from brokerage accounts. <i>Finance Research Letters</i>. <a href=\"https://doi.org/10.1016/j.frl.2021.102140\">https://doi.org/10.1016/j.frl.2021.102140</a>"},"_id":"22205","department":[{"_id":"186"},{"_id":"578"}],"user_id":"67265","keyword":["Predatory Trading","Retail Investors","Trading Behavior"],"article_type":"original","article_number":"102140","language":[{"iso":"eng"}],"publication":"Finance Research Letters","type":"journal_article","abstract":[{"lang":"eng","text":"In January 2021, the GameStop stock was the epicenter of the first case of predatory trading initiated by retail investors. We use brokerage accounts to study who participated in this GameStop frenzy and how they performed. We investigate the extent to which investors’ personal and trading characteristics differ from the general population of retail investors. GameStop traders had a history of investing in speculative instruments, including stocks with lottery-like features. They were also more likely to close their positions before the peak of the bubble. At the onset of the frenzy, numerous retail investors also shorted GameStop. Overall, our results indicate that the GameStop frenzy was not a pure digital protest against Wall Street but speculative trading by a group of retail investors, in line with their prior high-risk trading behavior."}],"status":"public"},{"type":"journal_article","status":"public","_id":"22523","user_id":"67265","department":[{"_id":"186"},{"_id":"578"}],"article_type":"original","funded_apc":"1","jel":["I10","I12","I18"],"citation":{"mla":"Warkulat, Sonja, et al. “COVID-19 Reporting and Willingness to Pay for Leisure Activities.” <i>Covid Economics</i>, no. 83, CEPR Press, 2021, pp. 183–205.","short":"S. Warkulat, S. Krull, R. Ortmann, N. Klocke, M. Pelster, Covid Economics (2021) 183–205.","bibtex":"@article{Warkulat_Krull_Ortmann_Klocke_Pelster_2021, title={COVID-19 reporting and willingness to pay for leisure activities}, number={83}, journal={Covid Economics}, publisher={CEPR Press}, author={Warkulat, Sonja and Krull, Sebastian and Ortmann, Regina and Klocke, Nina and Pelster, Matthias}, year={2021}, pages={183–205} }","apa":"Warkulat, S., Krull, S., Ortmann, R., Klocke, N., &#38; Pelster, M. (2021). COVID-19 reporting and willingness to pay for leisure activities. <i>Covid Economics</i>, <i>83</i>, 183–205.","ama":"Warkulat S, Krull S, Ortmann R, Klocke N, Pelster M. COVID-19 reporting and willingness to pay for leisure activities. <i>Covid Economics</i>. 2021;(83):183-205.","chicago":"Warkulat, Sonja, Sebastian Krull, Regina Ortmann, Nina Klocke, and Matthias Pelster. “COVID-19 Reporting and Willingness to Pay for Leisure Activities.” <i>Covid Economics</i>, no. 83 (2021): 183–205.","ieee":"S. Warkulat, S. Krull, R. Ortmann, N. Klocke, and M. Pelster, “COVID-19 reporting and willingness to pay for leisure activities,” <i>Covid Economics</i>, no. 83, pp. 183–205, 2021."},"page":"183-205","date_updated":"2022-01-06T06:55:36Z","oa":"1","author":[{"last_name":"Warkulat","full_name":"Warkulat, Sonja","id":"67243","first_name":"Sonja"},{"first_name":"Sebastian","last_name":"Krull","full_name":"Krull, Sebastian","id":"84497"},{"last_name":"Ortmann","id":"10020","full_name":"Ortmann, Regina","first_name":"Regina"},{"first_name":"Nina","id":"51025","full_name":"Klocke, Nina","last_name":"Klocke"},{"id":"67265","full_name":"Pelster, Matthias","orcid":" https://orcid.org/0000-0001-5740-2420","last_name":"Pelster","first_name":"Matthias"}],"main_file_link":[{"open_access":"1","url":"https://cepr.org/file/11142/download?token=wXdlx51o"}],"publication":"Covid Economics","abstract":[{"lang":"eng","text":"The containment of COVID-19 critically hinges on individuals’ behavior. We investigate how individuals react to variations in COVID-19 reporting. Using a survey, we elicit individuals' perceived infection risk given various COVID-19 metrics (e.g., confirmed cases, reproduction rate, or case-fatality ratio). We proxy individuals' risk perception with their willingness to pay for the participation in everyday life and amusements events. We find that participants react to different COVID-19 metrics with varying sensitivity. We observe a saturation of sensitivity for several measures at critical limits used in the political discussion, making our results highly relevant for policy makers in their efforts to direct individuals to adhere to hygienic etiquette and social distancing guidelines."}],"keyword":["COVID-19 reporting","willingness to pay","willingness to accept"],"language":[{"iso":"eng"}],"quality_controlled":"1","issue":"83","year":"2021","publisher":"CEPR Press","date_created":"2021-07-02T09:30:36Z","title":"COVID-19 reporting and willingness to pay for leisure activities"},{"abstract":[{"lang":"eng","text":"We study the relationship between risk managers' dark triad personality traits (Machiavellianism, narcissism, and psychopathy) and their selective hedging activities. Using a primary survey of 412 professional risk managers, we find that managers with dark personality traits are more likely to engage in selective hedging than those without. This effect is particularly pronounced for older, male, and less experienced risk managers. The effect is also stronger in smaller firms, less centralized risk management departments, and family-owned firms."}],"status":"public","publication":"Journal of Business Ethics","type":"journal_article","article_type":"original","language":[{"iso":"eng"}],"_id":"26775","department":[{"_id":"186"},{"_id":"578"}],"user_id":"67243","year":"2021","citation":{"ama":"Pelster M, Hofmann A, Klocke N, Warkulat S. Dark Triad Personality Traits and Selective Hedging. <i>Journal of Business Ethics</i>. doi:<a href=\"https://doi.org/10.1007/s10551-021-04985-z\">10.1007/s10551-021-04985-z</a>","ieee":"M. Pelster, A. Hofmann, N. Klocke, and S. Warkulat, “Dark Triad Personality Traits and Selective Hedging,” <i>Journal of Business Ethics</i>, doi: <a href=\"https://doi.org/10.1007/s10551-021-04985-z\">10.1007/s10551-021-04985-z</a>.","chicago":"Pelster, Matthias, Annette Hofmann, Nina Klocke, and Sonja Warkulat. “Dark Triad Personality Traits and Selective Hedging.” <i>Journal of Business Ethics</i>, n.d. <a href=\"https://doi.org/10.1007/s10551-021-04985-z\">https://doi.org/10.1007/s10551-021-04985-z</a>.","apa":"Pelster, M., Hofmann, A., Klocke, N., &#38; Warkulat, S. (n.d.). Dark Triad Personality Traits and Selective Hedging. <i>Journal of Business Ethics</i>. <a href=\"https://doi.org/10.1007/s10551-021-04985-z\">https://doi.org/10.1007/s10551-021-04985-z</a>","short":"M. Pelster, A. Hofmann, N. Klocke, S. Warkulat, Journal of Business Ethics (n.d.).","bibtex":"@article{Pelster_Hofmann_Klocke_Warkulat, title={Dark Triad Personality Traits and Selective Hedging}, DOI={<a href=\"https://doi.org/10.1007/s10551-021-04985-z\">10.1007/s10551-021-04985-z</a>}, journal={Journal of Business Ethics}, publisher={Springer}, author={Pelster, Matthias and Hofmann, Annette and Klocke, Nina and Warkulat, Sonja} }","mla":"Pelster, Matthias, et al. “Dark Triad Personality Traits and Selective Hedging.” <i>Journal of Business Ethics</i>, Springer, doi:<a href=\"https://doi.org/10.1007/s10551-021-04985-z\">10.1007/s10551-021-04985-z</a>."},"quality_controlled":"1","publication_status":"accepted","title":"Dark Triad Personality Traits and Selective Hedging","doi":"10.1007/s10551-021-04985-z","publisher":"Springer","date_updated":"2022-05-20T10:16:58Z","date_created":"2021-10-25T09:17:03Z","author":[{"first_name":"Matthias","last_name":"Pelster","orcid":" https://orcid.org/0000-0001-5740-2420","full_name":"Pelster, Matthias","id":"67265"},{"last_name":"Hofmann","full_name":"Hofmann, Annette","first_name":"Annette"},{"first_name":"Nina","id":"51025","full_name":"Klocke, Nina","last_name":"Klocke"},{"first_name":"Sonja","id":"67243","full_name":"Warkulat, Sonja","last_name":"Warkulat"}]},{"type":"working_paper","status":"public","department":[{"_id":"590"}],"user_id":"21222","series_title":"Working Paper in Covid Economics: Vetted and REal-Time Papers","_id":"41197","language":[{"iso":"eng"}],"intvolume":"        83","citation":{"apa":"Ortmann, R., Warkulat, S., Krull, S., Klocke, N., &#38; Pelster, M. (2021). <i>COVID-19 Reporting and Willingness to Pay for Leisure Activities</i> (Vol. 83).","mla":"Ortmann, Regina, et al. <i>COVID-19 Reporting and Willingness to Pay for Leisure Activities</i>. 2021.","bibtex":"@book{Ortmann_Warkulat_Krull_Klocke_Pelster_2021, series={Working Paper in Covid Economics: Vetted and REal-Time Papers}, title={COVID-19 Reporting and Willingness to Pay for Leisure Activities}, volume={83}, author={Ortmann, Regina and Warkulat, Sonja and Krull, Sebastian and Klocke, Nina and Pelster, Matthias}, year={2021}, collection={Working Paper in Covid Economics: Vetted and REal-Time Papers} }","short":"R. Ortmann, S. Warkulat, S. Krull, N. Klocke, M. Pelster, COVID-19 Reporting and Willingness to Pay for Leisure Activities, 2021.","ama":"Ortmann R, Warkulat S, Krull S, Klocke N, Pelster M. <i>COVID-19 Reporting and Willingness to Pay for Leisure Activities</i>. Vol 83.; 2021.","ieee":"R. Ortmann, S. Warkulat, S. Krull, N. Klocke, and M. Pelster, <i>COVID-19 Reporting and Willingness to Pay for Leisure Activities</i>, vol. 83. 2021.","chicago":"Ortmann, Regina, Sonja Warkulat, Sebastian Krull, Nina Klocke, and Matthias Pelster. <i>COVID-19 Reporting and Willingness to Pay for Leisure Activities</i>. Vol. 83. Working Paper in Covid Economics: Vetted and REal-Time Papers, 2021."},"year":"2021","volume":83,"date_created":"2023-01-31T13:05:49Z","author":[{"full_name":"Ortmann, Regina","id":"10020","last_name":"Ortmann","first_name":"Regina"},{"first_name":"Sonja","last_name":"Warkulat","full_name":"Warkulat, Sonja","id":"67243"},{"last_name":"Krull","id":"84497","full_name":"Krull, Sebastian","first_name":"Sebastian"},{"id":"51025","full_name":"Klocke, Nina","last_name":"Klocke","first_name":"Nina"},{"first_name":"Matthias","orcid":" https://orcid.org/0000-0001-5740-2420","last_name":"Pelster","id":"67265","full_name":"Pelster, Matthias"}],"date_updated":"2023-01-31T13:05:56Z","title":"COVID-19 Reporting and Willingness to Pay for Leisure Activities"}]