Keith Jacks Gamble
Assistant Professor of Finance
1 East Jackson Blvd., Suite 5500
Chicago, IL 60604-2287
kgamble *at* depaul.edu
Aging, Financial Literacy, and Fraud (with Patricia Boyle, Lei Yu, and David Bennett)
Decreased cognition is associated with decreased financial literacy and increased overconfidence. Overconfidence is a risk factor for financial fraud.
Featured in the Squared Away Blog of the Center for Retirement Research at Boston College
Listed in the Archive of the Financial Fraud Research Center of the Stanford Center on Longevity
Informed Retail Investors: Evidence from Retail Short Sales (with Wei Xu)
We use retail investors' short sales to identify informed trading.
How Prior Outcomes Affect Individual Investors' Subsequent Risk Taking (with Bjorn Johnson)
We present empirical evidence of how prior outcomes affect individual investors' subsequent risk taking.
Informed Local Trading Prior to Earnings Announcements (with Thomas Berry)
forthcoming in the Journal of Financial Markets
Large trading imbalances by investors living close to a firm’s headquarters predict the stock’s earnings announcement return.
Does Presenting Investment Results Asset by Asset Lower Risk Taking? (with Santosh Anagol)
forthcoming in the Journal of Behavioral Finance
Segregating investment results by asset decreases subsequent risk taking.
Poor Decision Making is a Consequence of Cognitive Decline among Older Persons without Alzheimer's Disease or Mild Cognitive Impairment
(with Patricia A. Boyle, Lei Yu, Robert S. Wilson, Aron S. Buchman, and David Bennett)
published in PLOS ONE (2012)
Shows that even very subtle age-related changes in cognition have detrimental effects on decision making.
Updated December 2012