About the Authors

Marc Oliver Rieger

Contributed equally to this work with: Marc Oliver Rieger, Mei Wang, Thorsten Hens

Roles Conceptualization, Data curation, Formal analysis, Visualization, Writing – original draft, Writing – review & editing

Affiliation Banking and Finance, University of Trier, Trier, Rhineland-Palatinate, Germany

Mei Wang

Contributed equally to this work with: Marc Oliver Rieger, Mei Wang, Thorsten Hens

Roles Conceptualization, Data curation, Formal analysis, Methodology, Writing – original draft, Writing – review & editing

Affiliation Behavioral Finance, WHU – Otto Beisheim School of Management, Vallendar, Rhineland-Palatinate, Germany

Thorsten Hens

Contributed equally to this work with: Marc Oliver Rieger, Mei Wang, Thorsten Hens

Roles Conceptualization, Methodology, Project administration, Supervision, Writing – original draft, Writing – review & editing

thorsten.hens@bf.uzh.ch

Affiliations Department of Banking and Finance, University of Zurich, Zurich, Switzerland, Department of Finance, Norwegian School of Economics, Bergen, Western Norway, Norway, Department of Economics, University of Lucerne, Lucerne, Switzerland

Competing Interests

The authors have declared that no competing interests exist.