id	sid	tid	token	lemma	pos
ajfa-10605	1	1	microsoft	microsoft	PROPN
ajfa-10605	1	2	word	word	NOUN
ajfa-10605	1	3	10605	10605	NUM
ajfa-10605	1	4	-	-	SYM
ajfa-10605	1	5	39136	39136	NUM
ajfa-10605	1	6	-	-	PUNCT
ajfa-10605	1	7	1	1	NUM
ajfa-10605	1	8	-	-	PUNCT
ajfa-10605	1	9	sm	sm	NOUN
ajfa-10605	1	10	-	-	PUNCT
ajfa-10605	1	11	writer2	writer2	VERB
ajfa-10605	1	12	-	-	ADJ
ajfa-10605	1	13	new	new	ADJ
ajfa-10605	1	14	asian	asian	ADJ
ajfa-10605	1	15	journal	journal	NOUN
ajfa-10605	1	16	of	of	ADP
ajfa-10605	1	17	finance	finance	PROPN
ajfa-10605	1	18	&	&	CCONJ
ajfa-10605	1	19	accounting	accounting	PROPN
ajfa-10605	1	20	issn	issn	PROPN
ajfa-10605	1	21	1946	1946	NUM
ajfa-10605	1	22	-	-	PUNCT
ajfa-10605	1	23	052x	052x	PROPN
ajfa-10605	1	24	2017	2017	NUM
ajfa-10605	1	25	,	,	PUNCT
ajfa-10605	1	26	vol	vol	NOUN
ajfa-10605	1	27	.	.	NOUN
ajfa-10605	1	28	9	9	NUM
ajfa-10605	1	29	,	,	PUNCT
ajfa-10605	1	30	no	no	INTJ
ajfa-10605	1	31	.	.	NOUN
ajfa-10605	1	32	1	1	NUM
ajfa-10605	1	33	ajfa.macrothink.org	ajfa.macrothink.org	PROPN
ajfa-10605	1	34	155	155	NUM
ajfa-10605	1	35	the	the	DET
ajfa-10605	1	36	behavior	behavior	NOUN
ajfa-10605	1	37	patterns	pattern	NOUN
ajfa-10605	1	38	of	of	ADP
ajfa-10605	1	39	investors	investor	NOUN
ajfa-10605	1	40	in	in	ADP
ajfa-10605	1	41	thailand	thailand	PROPN
ajfa-10605	1	42	stock	stock	PROPN
ajfa-10605	1	43	market	market	PROPN
ajfa-10605	1	44	quan	quan	PROPN
ajfa-10605	1	45	n.	n.	PROPN
ajfa-10605	1	46	tran	tran	PROPN
ajfa-10605	1	47	school	school	PROPN
ajfa-10605	1	48	of	of	ADP
ajfa-10605	1	49	business	business	NOUN
ajfa-10605	1	50	,	,	PUNCT
ajfa-10605	1	51	national	national	PROPN
ajfa-10605	1	52	institute	institute	PROPN
ajfa-10605	1	53	of	of	ADP
ajfa-10605	1	54	development	development	PROPN
ajfa-10605	1	55	administration	administration	PROPN
ajfa-10605	1	56	(	(	PUNCT
ajfa-10605	1	57	nida	nida	PROPN
ajfa-10605	1	58	)	)	PUNCT
ajfa-10605	1	59	floor	floor	NOUN
ajfa-10605	1	60	8	8	NUM
ajfa-10605	1	61	boonchana	boonchana	NOUN
ajfa-10605	1	62	autthakorn	autthakorn	VERB
ajfa-10605	1	63	118	118	NUM
ajfa-10605	1	64	moo3	moo3	PROPN
ajfa-10605	1	65	,	,	PUNCT
ajfa-10605	1	66	sereethai	sereethai	PROPN
ajfa-10605	1	67	road	road	NOUN
ajfa-10605	1	68	,	,	PUNCT
ajfa-10605	1	69	klong	klong	PROPN
ajfa-10605	1	70	-	-	PUNCT
ajfa-10605	1	71	chan	chan	PROPN
ajfa-10605	1	72	,	,	PUNCT
ajfa-10605	1	73	bangkapi	bangkapi	NOUN
ajfa-10605	1	74	,	,	PUNCT
ajfa-10605	1	75	bangkok	bangkok	PROPN
ajfa-10605	1	76	10240	10240	NUM
ajfa-10605	1	77	,	,	PUNCT
ajfa-10605	1	78	thailand	thailand	PROPN
ajfa-10605	1	79	tel	tel	PROPN
ajfa-10605	1	80	:	:	PUNCT
ajfa-10605	1	81	66	66	NUM
ajfa-10605	1	82	-	-	SYM
ajfa-10605	1	83	93	93	NUM
ajfa-10605	1	84	-	-	PUNCT
ajfa-10605	1	85	895	895	NUM
ajfa-10605	1	86	-	-	PUNCT
ajfa-10605	1	87	4658	4658	NUM
ajfa-10605	1	88	e	e	NOUN
ajfa-10605	1	89	-	-	NOUN
ajfa-10605	1	90	mail	mail	NOUN
ajfa-10605	1	91	:	:	PUNCT
ajfa-10605	2	1	quantrannhu@gmail.com	quantrannhu@gmail.com	PROPN
ajfa-10605	2	2	received	receive	VERB
ajfa-10605	2	3	:	:	PUNCT
ajfa-10605	2	4	jan	jan	PROPN
ajfa-10605	2	5	.	.	PROPN
ajfa-10605	2	6	14	14	NUM
ajfa-10605	2	7	,	,	PUNCT
ajfa-10605	2	8	2017	2017	NUM
ajfa-10605	2	9	accepted	accept	VERB
ajfa-10605	2	10	:	:	PUNCT
ajfa-10605	2	11	february	february	PROPN
ajfa-10605	2	12	15	15	NUM
ajfa-10605	2	13	,	,	PUNCT
ajfa-10605	2	14	2017	2017	NUM
ajfa-10605	2	15	published	publish	VERB
ajfa-10605	2	16	:	:	PUNCT
ajfa-10605	2	17	june	june	PROPN
ajfa-10605	2	18	1	1	NUM
ajfa-10605	2	19	,	,	PUNCT
ajfa-10605	2	20	2017	2017	NUM
ajfa-10605	2	21	doi:10.5296	doi:10.5296	NOUN
ajfa-10605	2	22	/	/	SYM
ajfa-10605	2	23	ajfa.v9i1.10605	ajfa.v9i1.10605	NUM
ajfa-10605	2	24	url	url	PROPN
ajfa-10605	2	25	:	:	PUNCT
ajfa-10605	2	26	https://doi.org/10.5296/ajfa.v9i1.10605	https://doi.org/10.5296/ajfa.v9i1.10605	X
ajfa-10605	2	27	abstract	abstract	VERB
ajfa-10605	2	28	the	the	DET
ajfa-10605	2	29	purpose	purpose	NOUN
ajfa-10605	2	30	of	of	ADP
ajfa-10605	2	31	this	this	DET
ajfa-10605	2	32	paper	paper	NOUN
ajfa-10605	2	33	is	be	AUX
ajfa-10605	2	34	to	to	PART
ajfa-10605	2	35	investigate	investigate	VERB
ajfa-10605	2	36	behavioral	behavioral	ADJ
ajfa-10605	2	37	patterns	pattern	NOUN
ajfa-10605	2	38	expressed	express	VERB
ajfa-10605	2	39	by	by	ADP
ajfa-10605	2	40	investors	investor	NOUN
ajfa-10605	2	41	in	in	ADP
ajfa-10605	2	42	the	the	DET
ajfa-10605	2	43	thailand	thailand	PROPN
ajfa-10605	2	44	stock	stock	NOUN
ajfa-10605	2	45	market	market	NOUN
ajfa-10605	2	46	.	.	PUNCT
ajfa-10605	3	1	the	the	DET
ajfa-10605	3	2	paper	paper	NOUN
ajfa-10605	3	3	examines	examine	VERB
ajfa-10605	3	4	investment	investment	NOUN
ajfa-10605	3	5	decision	decision	NOUN
ajfa-10605	3	6	-	-	PUNCT
ajfa-10605	3	7	making	make	VERB
ajfa-10605	3	8	processes	process	NOUN
ajfa-10605	3	9	in	in	ADP
ajfa-10605	3	10	the	the	DET
ajfa-10605	3	11	context	context	NOUN
ajfa-10605	3	12	of	of	ADP
ajfa-10605	3	13	the	the	DET
ajfa-10605	3	14	current	current	ADJ
ajfa-10605	3	15	financial	financial	ADJ
ajfa-10605	3	16	market	market	NOUN
ajfa-10605	3	17	in	in	ADP
ajfa-10605	3	18	thailand	thailand	PROPN
ajfa-10605	3	19	to	to	PART
ajfa-10605	3	20	shed	shed	VERB
ajfa-10605	3	21	some	some	DET
ajfa-10605	3	22	light	light	NOUN
ajfa-10605	3	23	on	on	ADP
ajfa-10605	3	24	behavioral	behavioral	ADJ
ajfa-10605	3	25	-	-	PUNCT
ajfa-10605	3	26	induced	induce	VERB
ajfa-10605	3	27	pattern	pattern	NOUN
ajfa-10605	3	28	behind	behind	ADP
ajfa-10605	3	29	such	such	ADJ
ajfa-10605	3	30	investments	investment	NOUN
ajfa-10605	3	31	.	.	PUNCT
ajfa-10605	4	1	data	datum	NOUN
ajfa-10605	4	2	for	for	ADP
ajfa-10605	4	3	this	this	DET
ajfa-10605	4	4	research	research	NOUN
ajfa-10605	4	5	was	be	AUX
ajfa-10605	4	6	collated	collate	VERB
ajfa-10605	4	7	from	from	ADP
ajfa-10605	4	8	8	8	NUM
ajfa-10605	4	9	individual	individual	ADJ
ajfa-10605	4	10	investors	investor	NOUN
ajfa-10605	4	11	by	by	ADP
ajfa-10605	4	12	semi	semi	ADJ
ajfa-10605	4	13	-	-	ADJ
ajfa-10605	4	14	structured	structured	ADJ
ajfa-10605	4	15	and	and	CCONJ
ajfa-10605	4	16	in	in	ADP
ajfa-10605	4	17	-	-	PUNCT
ajfa-10605	4	18	depth	depth	NOUN
ajfa-10605	4	19	interview	interview	NOUN
ajfa-10605	4	20	.	.	PUNCT
ajfa-10605	5	1	there	there	PRON
ajfa-10605	5	2	are	be	VERB
ajfa-10605	5	3	four	four	NUM
ajfa-10605	5	4	behavioral	behavioral	ADJ
ajfa-10605	5	5	factors	factor	NOUN
ajfa-10605	5	6	of	of	ADP
ajfa-10605	5	7	individual	individual	ADJ
ajfa-10605	5	8	investors	investor	NOUN
ajfa-10605	5	9	in	in	ADP
ajfa-10605	5	10	thailand	thailand	PROPN
ajfa-10605	5	11	stock	stock	PROPN
ajfa-10605	5	12	exchange	exchange	PROPN
ajfa-10605	5	13	:	:	PUNCT
ajfa-10605	5	14	overconfidence	overconfidence	NOUN
ajfa-10605	5	15	,	,	PUNCT
ajfa-10605	5	16	excessive	excessive	ADJ
ajfa-10605	5	17	optimism	optimism	NOUN
ajfa-10605	5	18	,	,	PUNCT
ajfa-10605	5	19	psychology	psychology	NOUN
ajfa-10605	5	20	of	of	ADP
ajfa-10605	5	21	risk	risk	NOUN
ajfa-10605	5	22	,	,	PUNCT
ajfa-10605	5	23	and	and	CCONJ
ajfa-10605	5	24	herding	herding	NOUN
ajfa-10605	5	25	behavior	behavior	NOUN
ajfa-10605	5	26	.	.	PUNCT
ajfa-10605	6	1	securities	security	NOUN
ajfa-10605	6	2	companies	company	NOUN
ajfa-10605	6	3	may	may	AUX
ajfa-10605	6	4	also	also	ADV
ajfa-10605	6	5	use	use	VERB
ajfa-10605	6	6	the	the	DET
ajfa-10605	6	7	findings	finding	NOUN
ajfa-10605	6	8	of	of	ADP
ajfa-10605	6	9	this	this	DET
ajfa-10605	6	10	research	research	NOUN
ajfa-10605	6	11	for	for	ADP
ajfa-10605	6	12	better	well	ADJ
ajfa-10605	6	13	understanding	understanding	NOUN
ajfa-10605	6	14	on	on	ADP
ajfa-10605	6	15	investors	investor	NOUN
ajfa-10605	6	16	’	'	PUNCT
ajfa-10605	6	17	decision	decision	NOUN
ajfa-10605	6	18	to	to	PART
ajfa-10605	6	19	give	give	VERB
ajfa-10605	6	20	better	well	ADJ
ajfa-10605	6	21	recommendations	recommendation	NOUN
ajfa-10605	6	22	to	to	ADP
ajfa-10605	6	23	them	they	PRON
ajfa-10605	6	24	.	.	PUNCT
ajfa-10605	7	1	stock	stock	NOUN
ajfa-10605	7	2	prices	price	NOUN
ajfa-10605	7	3	then	then	ADV
ajfa-10605	7	4	reflect	reflect	VERB
ajfa-10605	7	5	their	their	PRON
ajfa-10605	7	6	true	true	ADJ
ajfa-10605	7	7	value	value	NOUN
ajfa-10605	7	8	and	and	CCONJ
ajfa-10605	7	9	thailand	thailand	PROPN
ajfa-10605	7	10	stock	stock	NOUN
ajfa-10605	7	11	market	market	NOUN
ajfa-10605	7	12	becomes	become	VERB
ajfa-10605	7	13	the	the	DET
ajfa-10605	7	14	yardstick	yardstick	NOUN
ajfa-10605	7	15	of	of	ADP
ajfa-10605	7	16	the	the	DET
ajfa-10605	7	17	economy	economy	NOUN
ajfa-10605	7	18	’s	’s	PART
ajfa-10605	7	19	wealth	wealth	NOUN
ajfa-10605	7	20	and	and	CCONJ
ajfa-10605	7	21	helps	help	VERB
ajfa-10605	7	22	enterprises	enterprise	NOUN
ajfa-10605	7	23	to	to	PART
ajfa-10605	7	24	raise	raise	VERB
ajfa-10605	7	25	capital	capital	NOUN
ajfa-10605	7	26	for	for	ADP
ajfa-10605	7	27	business	business	NOUN
ajfa-10605	7	28	activities	activity	NOUN
ajfa-10605	7	29	.	.	PUNCT
ajfa-10605	8	1	keywords	keyword	NOUN
ajfa-10605	8	2	:	:	PUNCT
ajfa-10605	8	3	behavioral	behavioral	ADJ
ajfa-10605	8	4	finance	finance	NOUN
ajfa-10605	8	5	,	,	PUNCT
ajfa-10605	8	6	individual	individual	ADJ
ajfa-10605	8	7	investors	investor	NOUN
ajfa-10605	8	8	,	,	PUNCT
ajfa-10605	8	9	thailand	thailand	PROPN
ajfa-10605	8	10	set	set	PROPN
ajfa-10605	8	11	,	,	PUNCT
ajfa-10605	8	12	stock	stock	NOUN
ajfa-10605	8	13	market	market	NOUN
ajfa-10605	8	14	,	,	PUNCT
ajfa-10605	8	15	qualitative	qualitative	ADJ
ajfa-10605	8	16	inquiry	inquiry	NOUN
ajfa-10605	8	17	asian	asian	ADJ
ajfa-10605	8	18	journal	journal	NOUN
ajfa-10605	8	19	of	of	ADP
ajfa-10605	8	20	finance	finance	PROPN
ajfa-10605	8	21	&	&	CCONJ
ajfa-10605	8	22	accounting	accounting	PROPN
ajfa-10605	8	23	issn	issn	PROPN
ajfa-10605	8	24	1946	1946	NUM
ajfa-10605	8	25	-	-	PUNCT
ajfa-10605	8	26	052x	052x	PROPN
ajfa-10605	8	27	2017	2017	NUM
ajfa-10605	8	28	,	,	PUNCT
ajfa-10605	8	29	vol	vol	NOUN
ajfa-10605	8	30	.	.	NOUN
ajfa-10605	8	31	9	9	NUM
ajfa-10605	8	32	,	,	PUNCT
ajfa-10605	8	33	no	no	INTJ
ajfa-10605	8	34	.	.	NOUN
ajfa-10605	8	35	1	1	NUM
ajfa-10605	8	36	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-10605	8	37	156	156	NUM
ajfa-10605	8	38	1	1	NUM
ajfa-10605	8	39	.	.	PUNCT
ajfa-10605	9	1	introduction	introduction	NOUN
ajfa-10605	9	2	one	one	NUM
ajfa-10605	9	3	of	of	ADP
ajfa-10605	9	4	the	the	DET
ajfa-10605	9	5	most	most	ADV
ajfa-10605	9	6	common	common	ADJ
ajfa-10605	9	7	perceptions	perception	NOUN
ajfa-10605	9	8	of	of	ADP
ajfa-10605	9	9	being	be	AUX
ajfa-10605	9	10	successful	successful	ADJ
ajfa-10605	9	11	in	in	ADP
ajfa-10605	9	12	stock	stock	NOUN
ajfa-10605	9	13	markets	market	NOUN
ajfa-10605	9	14	is	be	AUX
ajfa-10605	9	15	to	to	PART
ajfa-10605	9	16	have	have	VERB
ajfa-10605	9	17	the	the	DET
ajfa-10605	9	18	right	right	ADJ
ajfa-10605	9	19	kind	kind	NOUN
ajfa-10605	9	20	of	of	ADP
ajfa-10605	9	21	knowledge	knowledge	NOUN
ajfa-10605	9	22	about	about	ADP
ajfa-10605	9	23	the	the	DET
ajfa-10605	9	24	market	market	NOUN
ajfa-10605	9	25	dynamics	dynamic	NOUN
ajfa-10605	9	26	and	and	CCONJ
ajfa-10605	9	27	knowing	know	VERB
ajfa-10605	9	28	the	the	DET
ajfa-10605	9	29	right	right	ADJ
ajfa-10605	9	30	kind	kind	NOUN
ajfa-10605	9	31	of	of	ADP
ajfa-10605	9	32	firms	firm	NOUN
ajfa-10605	9	33	to	to	PART
ajfa-10605	9	34	invest	invest	VERB
ajfa-10605	9	35	in	in	ADP
ajfa-10605	9	36	.	.	PUNCT
ajfa-10605	10	1	traditional	traditional	ADJ
ajfa-10605	10	2	finance	finance	NOUN
ajfa-10605	10	3	theories	theory	NOUN
ajfa-10605	10	4	have	have	AUX
ajfa-10605	10	5	generally	generally	ADV
ajfa-10605	10	6	captured	capture	VERB
ajfa-10605	10	7	two	two	NUM
ajfa-10605	10	8	vital	vital	ADJ
ajfa-10605	10	9	assumptions	assumption	NOUN
ajfa-10605	10	10	to	to	PART
ajfa-10605	10	11	select	select	VERB
ajfa-10605	10	12	different	different	ADJ
ajfa-10605	10	13	shares	share	NOUN
ajfa-10605	10	14	by	by	ADP
ajfa-10605	10	15	investors	investor	NOUN
ajfa-10605	10	16	,	,	PUNCT
ajfa-10605	10	17	that	that	ADV
ajfa-10605	10	18	is	is	ADV
ajfa-10605	10	19	,	,	PUNCT
ajfa-10605	10	20	investors	investor	NOUN
ajfa-10605	10	21	are	be	AUX
ajfa-10605	10	22	rational	rational	ADJ
ajfa-10605	10	23	and	and	CCONJ
ajfa-10605	10	24	unbiased	unbiased	ADJ
ajfa-10605	10	25	.	.	PUNCT
ajfa-10605	11	1	however	however	ADV
ajfa-10605	11	2	,	,	PUNCT
ajfa-10605	11	3	studies	study	NOUN
ajfa-10605	11	4	in	in	ADP
ajfa-10605	11	5	behavioral	behavioral	ADJ
ajfa-10605	11	6	finance	finance	NOUN
ajfa-10605	11	7	has	have	AUX
ajfa-10605	11	8	rapidly	rapidly	ADV
ajfa-10605	11	9	extended	extend	VERB
ajfa-10605	11	10	during	during	ADP
ajfa-10605	11	11	the	the	DET
ajfa-10605	11	12	recent	recent	ADJ
ajfa-10605	11	13	years	year	NOUN
ajfa-10605	11	14	and	and	CCONJ
ajfa-10605	11	15	provided	provide	VERB
ajfa-10605	11	16	evidence	evidence	NOUN
ajfa-10605	11	17	that	that	SCONJ
ajfa-10605	11	18	investors	investor	NOUN
ajfa-10605	11	19	’	'	PUNCT
ajfa-10605	11	20	financial	financial	ADJ
ajfa-10605	11	21	decisions	decision	NOUN
ajfa-10605	11	22	depend	depend	VERB
ajfa-10605	11	23	deeply	deeply	ADV
ajfa-10605	11	24	on	on	ADP
ajfa-10605	11	25	internal	internal	ADJ
ajfa-10605	11	26	and	and	CCONJ
ajfa-10605	11	27	external	external	ADJ
ajfa-10605	11	28	behavioral	behavioral	ADJ
ajfa-10605	11	29	factors	factor	NOUN
ajfa-10605	11	30	(	(	PUNCT
ajfa-10605	11	31	shefrin	shefrin	NOUN
ajfa-10605	11	32	,	,	PUNCT
ajfa-10605	11	33	2000	2000	NUM
ajfa-10605	11	34	;	;	PUNCT
ajfa-10605	11	35	shleifer	shleifer	NOUN
ajfa-10605	11	36	,	,	PUNCT
ajfa-10605	11	37	2000	2000	NUM
ajfa-10605	11	38	)	)	PUNCT
ajfa-10605	11	39	.	.	PUNCT
ajfa-10605	12	1	identification	identification	NOUN
ajfa-10605	12	2	of	of	ADP
ajfa-10605	12	3	the	the	DET
ajfa-10605	12	4	influencing	influence	VERB
ajfa-10605	12	5	factors	factor	NOUN
ajfa-10605	12	6	on	on	ADP
ajfa-10605	12	7	investors	investor	NOUN
ajfa-10605	12	8	’	'	PUNCT
ajfa-10605	12	9	behavior	behavior	NOUN
ajfa-10605	12	10	can	can	AUX
ajfa-10605	12	11	be	be	AUX
ajfa-10605	12	12	effective	effective	ADJ
ajfa-10605	12	13	for	for	ADP
ajfa-10605	12	14	different	different	ADJ
ajfa-10605	12	15	policyholders	policyholder	NOUN
ajfa-10605	12	16	,	,	PUNCT
ajfa-10605	12	17	so	so	SCONJ
ajfa-10605	12	18	that	that	SCONJ
ajfa-10605	12	19	it	it	PRON
ajfa-10605	12	20	would	would	AUX
ajfa-10605	12	21	affect	affect	VERB
ajfa-10605	12	22	companies	company	NOUN
ajfa-10605	12	23	’	'	PUNCT
ajfa-10605	12	24	future	future	ADJ
ajfa-10605	12	25	policies	policy	NOUN
ajfa-10605	12	26	and	and	CCONJ
ajfa-10605	12	27	strategies	strategy	NOUN
ajfa-10605	12	28	from	from	ADP
ajfa-10605	12	29	company	company	NOUN
ajfa-10605	12	30	’s	’s	PART
ajfa-10605	12	31	perspective	perspective	NOUN
ajfa-10605	12	32	,	,	PUNCT
ajfa-10605	12	33	in	in	ADP
ajfa-10605	12	34	addition	addition	NOUN
ajfa-10605	12	35	,	,	PUNCT
ajfa-10605	12	36	it	it	PRON
ajfa-10605	12	37	can	can	AUX
ajfa-10605	12	38	affect	affect	VERB
ajfa-10605	12	39	the	the	DET
ajfa-10605	12	40	required	require	VERB
ajfa-10605	12	41	legislations	legislation	NOUN
ajfa-10605	12	42	and	and	CCONJ
ajfa-10605	12	43	the	the	DET
ajfa-10605	12	44	additional	additional	ADJ
ajfa-10605	12	45	procedures	procedure	NOUN
ajfa-10605	12	46	needed	need	VERB
ajfa-10605	12	47	in	in	ADP
ajfa-10605	12	48	order	order	NOUN
ajfa-10605	12	49	to	to	PART
ajfa-10605	12	50	satisfy	satisfy	VERB
ajfa-10605	12	51	investors	investor	NOUN
ajfa-10605	12	52	’	’	PART
ajfa-10605	12	53	desires	desire	NOUN
ajfa-10605	12	54	and	and	CCONJ
ajfa-10605	12	55	also	also	ADV
ajfa-10605	12	56	to	to	PART
ajfa-10605	12	57	give	give	VERB
ajfa-10605	12	58	more	more	ADJ
ajfa-10605	12	59	supports	support	NOUN
ajfa-10605	12	60	to	to	ADP
ajfa-10605	12	61	market	market	NOUN
ajfa-10605	12	62	efficiency	efficiency	NOUN
ajfa-10605	12	63	from	from	ADP
ajfa-10605	12	64	government	government	NOUN
ajfa-10605	12	65	perspective	perspective	NOUN
ajfa-10605	12	66	(	(	PUNCT
ajfa-10605	12	67	wameryd	wameryd	PROPN
ajfa-10605	12	68	,	,	PUNCT
ajfa-10605	12	69	2001	2001	NUM
ajfa-10605	12	70	)	)	PUNCT
ajfa-10605	12	71	.	.	PUNCT
ajfa-10605	13	1	therefore	therefore	ADV
ajfa-10605	13	2	,	,	PUNCT
ajfa-10605	13	3	this	this	DET
ajfa-10605	13	4	research	research	NOUN
ajfa-10605	13	5	seeks	seek	VERB
ajfa-10605	13	6	the	the	DET
ajfa-10605	13	7	answer	answer	NOUN
ajfa-10605	13	8	to	to	ADP
ajfa-10605	13	9	the	the	DET
ajfa-10605	13	10	question	question	NOUN
ajfa-10605	13	11	:	:	PUNCT
ajfa-10605	13	12	what	what	PRON
ajfa-10605	13	13	is	be	AUX
ajfa-10605	13	14	the	the	DET
ajfa-10605	13	15	behavior	behavior	NOUN
ajfa-10605	13	16	of	of	ADP
ajfa-10605	13	17	individual	individual	ADJ
ajfa-10605	13	18	investors	investor	NOUN
ajfa-10605	13	19	in	in	ADP
ajfa-10605	13	20	thailand	thailand	PROPN
ajfa-10605	13	21	stock	stock	NOUN
ajfa-10605	13	22	market	market	NOUN
ajfa-10605	13	23	?	?	PUNCT
ajfa-10605	14	1	2	2	X
ajfa-10605	14	2	.	.	X
ajfa-10605	14	3	literature	literature	NOUN
ajfa-10605	14	4	review	review	NOUN
ajfa-10605	14	5	in	in	ADP
ajfa-10605	14	6	recent	recent	ADJ
ajfa-10605	14	7	times	time	NOUN
ajfa-10605	14	8	,	,	PUNCT
ajfa-10605	14	9	there	there	PRON
ajfa-10605	14	10	has	have	AUX
ajfa-10605	14	11	been	be	AUX
ajfa-10605	14	12	a	a	DET
ajfa-10605	14	13	noteworthy	noteworthy	ADJ
ajfa-10605	14	14	progress	progress	NOUN
ajfa-10605	14	15	in	in	ADP
ajfa-10605	14	16	the	the	DET
ajfa-10605	14	17	field	field	NOUN
ajfa-10605	14	18	of	of	ADP
ajfa-10605	14	19	behavioral	behavioral	ADJ
ajfa-10605	14	20	finance	finance	NOUN
ajfa-10605	14	21	.	.	PUNCT
ajfa-10605	15	1	the	the	DET
ajfa-10605	15	2	literature	literature	NOUN
ajfa-10605	15	3	on	on	ADP
ajfa-10605	15	4	behavioral	behavioral	ADJ
ajfa-10605	15	5	finance	finance	NOUN
ajfa-10605	15	6	is	be	AUX
ajfa-10605	15	7	voluminous	voluminous	ADJ
ajfa-10605	15	8	,	,	PUNCT
ajfa-10605	15	9	including	include	VERB
ajfa-10605	15	10	survey	survey	NOUN
ajfa-10605	15	11	and	and	CCONJ
ajfa-10605	15	12	secondary	secondary	ADJ
ajfa-10605	15	13	data	datum	NOUN
ajfa-10605	15	14	analysis	analysis	NOUN
ajfa-10605	15	15	.	.	PUNCT
ajfa-10605	16	1	both	both	DET
ajfa-10605	16	2	approaches	approach	NOUN
ajfa-10605	16	3	have	have	VERB
ajfa-10605	16	4	significant	significant	ADJ
ajfa-10605	16	5	contributions	contribution	NOUN
ajfa-10605	16	6	in	in	ADP
ajfa-10605	16	7	this	this	DET
ajfa-10605	16	8	area	area	NOUN
ajfa-10605	16	9	.	.	PUNCT
ajfa-10605	17	1	“	"	PUNCT
ajfa-10605	17	2	behavior	behavior	NOUN
ajfa-10605	17	3	of	of	ADP
ajfa-10605	17	4	investor	investor	NOUN
ajfa-10605	17	5	is	be	AUX
ajfa-10605	17	6	a	a	DET
ajfa-10605	17	7	part	part	NOUN
ajfa-10605	17	8	of	of	ADP
ajfa-10605	17	9	behavior	behavior	NOUN
ajfa-10605	17	10	finance	finance	NOUN
ajfa-10605	17	11	,	,	PUNCT
ajfa-10605	17	12	which	which	PRON
ajfa-10605	17	13	seeks	seek	VERB
ajfa-10605	17	14	to	to	PART
ajfa-10605	17	15	understand	understand	VERB
ajfa-10605	17	16	and	and	CCONJ
ajfa-10605	17	17	predict	predict	VERB
ajfa-10605	17	18	systematic	systematic	ADJ
ajfa-10605	17	19	financial	financial	ADJ
ajfa-10605	17	20	market	market	NOUN
ajfa-10605	17	21	implications	implication	NOUN
ajfa-10605	17	22	of	of	ADP
ajfa-10605	17	23	psychological	psychological	ADJ
ajfa-10605	17	24	decision	decision	NOUN
ajfa-10605	17	25	processes	process	NOUN
ajfa-10605	17	26	.	.	PUNCT
ajfa-10605	18	1	behavior	behavior	NOUN
ajfa-10605	18	2	finance	finance	NOUN
ajfa-10605	18	3	closely	closely	ADV
ajfa-10605	18	4	combines	combine	VERB
ajfa-10605	18	5	individual	individual	ADJ
ajfa-10605	18	6	behavior	behavior	NOUN
ajfa-10605	18	7	and	and	CCONJ
ajfa-10605	18	8	market	market	NOUN
ajfa-10605	18	9	phenomena	phenomenon	NOUN
ajfa-10605	18	10	and	and	CCONJ
ajfa-10605	18	11	uses	use	VERB
ajfa-10605	18	12	knowledge	knowledge	NOUN
ajfa-10605	18	13	taken	take	VERB
ajfa-10605	18	14	from	from	ADP
ajfa-10605	18	15	both	both	CCONJ
ajfa-10605	18	16	the	the	DET
ajfa-10605	18	17	psychological	psychological	ADJ
ajfa-10605	18	18	field	field	NOUN
ajfa-10605	18	19	and	and	CCONJ
ajfa-10605	18	20	financial	financial	ADJ
ajfa-10605	18	21	theory	theory	NOUN
ajfa-10605	18	22	.	.	PUNCT
ajfa-10605	18	23	”	"	PUNCT
ajfa-10605	19	1	(	(	PUNCT
ajfa-10605	19	2	fromlet	fromlet	NOUN
ajfa-10605	19	3	,	,	PUNCT
ajfa-10605	19	4	2001	2001	NUM
ajfa-10605	19	5	)	)	PUNCT
ajfa-10605	19	6	.	.	PUNCT
ajfa-10605	20	1	2.1	2.1	NUM
ajfa-10605	20	2	heuristics	heuristic	NOUN
ajfa-10605	20	3	theory	theory	NOUN
ajfa-10605	20	4	heuristics	heuristic	NOUN
ajfa-10605	20	5	are	be	AUX
ajfa-10605	20	6	defined	define	VERB
ajfa-10605	20	7	as	as	ADP
ajfa-10605	20	8	the	the	DET
ajfa-10605	20	9	rules	rule	NOUN
ajfa-10605	20	10	of	of	ADP
ajfa-10605	20	11	thumb	thumb	NOUN
ajfa-10605	20	12	,	,	PUNCT
ajfa-10605	20	13	which	which	PRON
ajfa-10605	20	14	makes	make	VERB
ajfa-10605	20	15	decision	decision	NOUN
ajfa-10605	20	16	making	making	NOUN
ajfa-10605	20	17	easier	easy	ADJ
ajfa-10605	20	18	,	,	PUNCT
ajfa-10605	20	19	especially	especially	ADV
ajfa-10605	20	20	in	in	ADP
ajfa-10605	20	21	complex	complex	ADJ
ajfa-10605	20	22	and	and	CCONJ
ajfa-10605	20	23	uncertain	uncertain	ADJ
ajfa-10605	20	24	environments	environment	NOUN
ajfa-10605	20	25	(	(	PUNCT
ajfa-10605	20	26	ritter	ritter	NOUN
ajfa-10605	20	27	,	,	PUNCT
ajfa-10605	20	28	2003	2003	NUM
ajfa-10605	20	29	)	)	PUNCT
ajfa-10605	20	30	by	by	ADP
ajfa-10605	20	31	reducing	reduce	VERB
ajfa-10605	20	32	the	the	DET
ajfa-10605	20	33	complexity	complexity	NOUN
ajfa-10605	20	34	of	of	ADP
ajfa-10605	20	35	assessing	assess	VERB
ajfa-10605	20	36	probabilities	probability	NOUN
ajfa-10605	20	37	and	and	CCONJ
ajfa-10605	20	38	predicting	predict	VERB
ajfa-10605	20	39	values	value	NOUN
ajfa-10605	20	40	to	to	ADP
ajfa-10605	20	41	simpler	simple	ADJ
ajfa-10605	20	42	judgments	judgment	NOUN
ajfa-10605	20	43	(	(	PUNCT
ajfa-10605	20	44	kahneman	kahneman	PROPN
ajfa-10605	20	45	&	&	CCONJ
ajfa-10605	20	46	tversky	tversky	PROPN
ajfa-10605	20	47	,	,	PUNCT
ajfa-10605	20	48	1979	1979	NUM
ajfa-10605	20	49	)	)	PUNCT
ajfa-10605	20	50	.	.	PUNCT
ajfa-10605	21	1	in	in	ADP
ajfa-10605	21	2	general	general	ADJ
ajfa-10605	21	3	,	,	PUNCT
ajfa-10605	21	4	these	these	DET
ajfa-10605	21	5	heuristics	heuristic	NOUN
ajfa-10605	21	6	are	be	AUX
ajfa-10605	21	7	quite	quite	ADV
ajfa-10605	21	8	useful	useful	ADJ
ajfa-10605	21	9	,	,	PUNCT
ajfa-10605	21	10	particularly	particularly	ADV
ajfa-10605	21	11	when	when	SCONJ
ajfa-10605	21	12	time	time	NOUN
ajfa-10605	21	13	is	be	AUX
ajfa-10605	21	14	limited	limit	VERB
ajfa-10605	21	15	(	(	PUNCT
ajfa-10605	21	16	waweru	waweru	PROPN
ajfa-10605	21	17	,	,	PUNCT
ajfa-10605	21	18	munyoki	munyoki	PROPN
ajfa-10605	21	19	,	,	PUNCT
ajfa-10605	21	20	&	&	CCONJ
ajfa-10605	21	21	uliana	uliana	PROPN
ajfa-10605	21	22	,	,	PUNCT
ajfa-10605	21	23	2008	2008	NUM
ajfa-10605	21	24	)	)	PUNCT
ajfa-10605	21	25	,	,	PUNCT
ajfa-10605	21	26	but	but	CCONJ
ajfa-10605	21	27	sometimes	sometimes	ADV
ajfa-10605	21	28	they	they	PRON
ajfa-10605	21	29	lead	lead	VERB
ajfa-10605	21	30	to	to	ADP
ajfa-10605	21	31	biases	bias	NOUN
ajfa-10605	21	32	(	(	PUNCT
ajfa-10605	21	33	ritter	ritter	NOUN
ajfa-10605	21	34	,	,	PUNCT
ajfa-10605	21	35	2003	2003	NUM
ajfa-10605	21	36	;	;	PUNCT
ajfa-10605	21	37	tversky	tversky	PROPN
ajfa-10605	21	38	&	&	CCONJ
ajfa-10605	21	39	kahneman	kahneman	PROPN
ajfa-10605	21	40	,	,	PUNCT
ajfa-10605	21	41	1975	1975	NUM
ajfa-10605	21	42	)	)	PUNCT
ajfa-10605	21	43	.	.	PUNCT
ajfa-10605	22	1	tversky	tversky	PROPN
ajfa-10605	22	2	and	and	CCONJ
ajfa-10605	22	3	kahneman	kahneman	NOUN
ajfa-10605	22	4	(	(	PUNCT
ajfa-10605	22	5	1975	1975	NUM
ajfa-10605	22	6	)	)	PUNCT
ajfa-10605	22	7	seem	seem	VERB
ajfa-10605	22	8	to	to	PART
ajfa-10605	22	9	be	be	AUX
ajfa-10605	22	10	ones	one	NOUN
ajfa-10605	22	11	of	of	ADP
ajfa-10605	22	12	the	the	DET
ajfa-10605	22	13	first	first	ADJ
ajfa-10605	22	14	writers	writer	NOUN
ajfa-10605	22	15	studying	study	VERB
ajfa-10605	22	16	the	the	DET
ajfa-10605	22	17	factors	factor	NOUN
ajfa-10605	22	18	belonging	belong	VERB
ajfa-10605	22	19	to	to	ADP
ajfa-10605	22	20	heuristics	heuristic	NOUN
ajfa-10605	22	21	when	when	SCONJ
ajfa-10605	22	22	introducing	introduce	VERB
ajfa-10605	22	23	three	three	NUM
ajfa-10605	22	24	factors	factor	NOUN
ajfa-10605	22	25	namely	namely	ADV
ajfa-10605	22	26	representativeness	representativeness	ADJ
ajfa-10605	22	27	,	,	PUNCT
ajfa-10605	22	28	availability	availability	NOUN
ajfa-10605	22	29	bias	bias	NOUN
ajfa-10605	22	30	,	,	PUNCT
ajfa-10605	22	31	and	and	CCONJ
ajfa-10605	22	32	anchoring	anchoring	NOUN
ajfa-10605	22	33	.	.	PUNCT
ajfa-10605	23	1	waweru	waweru	PROPN
ajfa-10605	23	2	et	et	PROPN
ajfa-10605	23	3	al	al	PROPN
ajfa-10605	23	4	.	.	PROPN
ajfa-10605	24	1	(	(	PUNCT
ajfa-10605	24	2	2008	2008	NUM
ajfa-10605	24	3	)	)	PUNCT
ajfa-10605	24	4	also	also	ADV
ajfa-10605	24	5	list	list	VERB
ajfa-10605	24	6	two	two	NUM
ajfa-10605	24	7	factors	factor	NOUN
ajfa-10605	24	8	named	name	VERB
ajfa-10605	24	9	gambler	gambler	NOUN
ajfa-10605	24	10	’s	’s	PART
ajfa-10605	24	11	fallacy	fallacy	NOUN
ajfa-10605	24	12	and	and	CCONJ
ajfa-10605	24	13	overconfidence	overconfidence	NOUN
ajfa-10605	24	14	into	into	ADP
ajfa-10605	24	15	heuristic	heuristic	ADJ
ajfa-10605	24	16	theory	theory	NOUN
ajfa-10605	24	17	.	.	PUNCT
ajfa-10605	25	1	when	when	SCONJ
ajfa-10605	25	2	people	people	NOUN
ajfa-10605	25	3	overestimate	overestimate	VERB
ajfa-10605	25	4	the	the	DET
ajfa-10605	25	5	reliability	reliability	NOUN
ajfa-10605	25	6	of	of	ADP
ajfa-10605	25	7	their	their	PRON
ajfa-10605	25	8	knowledge	knowledge	NOUN
ajfa-10605	25	9	and	and	CCONJ
ajfa-10605	25	10	skills	skill	NOUN
ajfa-10605	25	11	,	,	PUNCT
ajfa-10605	25	12	it	it	PRON
ajfa-10605	25	13	is	be	AUX
ajfa-10605	25	14	the	the	DET
ajfa-10605	25	15	manifestation	manifestation	NOUN
ajfa-10605	25	16	of	of	ADP
ajfa-10605	25	17	overconfidence	overconfidence	NOUN
ajfa-10605	25	18	(	(	PUNCT
ajfa-10605	25	19	de	de	X
ajfa-10605	25	20	bondt	bondt	PROPN
ajfa-10605	25	21	&	&	CCONJ
ajfa-10605	25	22	thaler	thaler	PROPN
ajfa-10605	25	23	,	,	PUNCT
ajfa-10605	25	24	1995	1995	NUM
ajfa-10605	25	25	)	)	PUNCT
ajfa-10605	25	26	.	.	PUNCT
ajfa-10605	26	1	many	many	ADJ
ajfa-10605	26	2	studies	study	NOUN
ajfa-10605	26	3	show	show	VERB
ajfa-10605	26	4	that	that	SCONJ
ajfa-10605	26	5	excessive	excessive	ADJ
ajfa-10605	26	6	trading	trading	NOUN
ajfa-10605	26	7	is	be	AUX
ajfa-10605	26	8	one	one	NUM
ajfa-10605	26	9	effect	effect	NOUN
ajfa-10605	26	10	of	of	ADP
ajfa-10605	26	11	investors	investor	NOUN
ajfa-10605	26	12	.	.	PUNCT
ajfa-10605	27	1	there	there	PRON
ajfa-10605	27	2	is	be	VERB
ajfa-10605	27	3	evidence	evidence	NOUN
ajfa-10605	27	4	showing	show	VERB
ajfa-10605	27	5	that	that	SCONJ
ajfa-10605	27	6	financial	financial	ADJ
ajfa-10605	27	7	analysts	analyst	NOUN
ajfa-10605	27	8	revise	revise	VERB
ajfa-10605	27	9	their	their	PRON
ajfa-10605	27	10	assessment	assessment	NOUN
ajfa-10605	27	11	of	of	ADP
ajfa-10605	27	12	a	a	DET
ajfa-10605	27	13	company	company	NOUN
ajfa-10605	27	14	slowly	slowly	ADV
ajfa-10605	27	15	,	,	PUNCT
ajfa-10605	27	16	even	even	ADV
ajfa-10605	27	17	in	in	ADP
ajfa-10605	27	18	case	case	NOUN
ajfa-10605	27	19	there	there	PRON
ajfa-10605	27	20	is	be	VERB
ajfa-10605	27	21	a	a	DET
ajfa-10605	27	22	strong	strong	ADJ
ajfa-10605	27	23	indication	indication	NOUN
ajfa-10605	27	24	proving	prove	VERB
ajfa-10605	27	25	that	that	DET
ajfa-10605	27	26	assessment	assessment	NOUN
ajfa-10605	27	27	is	be	AUX
ajfa-10605	27	28	no	no	ADV
ajfa-10605	27	29	longer	long	ADV
ajfa-10605	27	30	correct	correct	ADJ
ajfa-10605	27	31	.	.	PUNCT
ajfa-10605	28	1	investors	investor	NOUN
ajfa-10605	28	2	and	and	CCONJ
ajfa-10605	28	3	analysts	analyst	NOUN
ajfa-10605	28	4	are	be	AUX
ajfa-10605	28	5	often	often	ADV
ajfa-10605	28	6	overconfident	overconfident	ADJ
ajfa-10605	28	7	in	in	ADP
ajfa-10605	28	8	areas	area	NOUN
ajfa-10605	28	9	that	that	PRON
ajfa-10605	28	10	they	they	PRON
ajfa-10605	28	11	have	have	VERB
ajfa-10605	28	12	knowledge	knowledge	NOUN
ajfa-10605	28	13	(	(	PUNCT
ajfa-10605	28	14	evans	evans	PROPN
ajfa-10605	28	15	,	,	PUNCT
ajfa-10605	28	16	2006	2006	NUM
ajfa-10605	28	17	)	)	PUNCT
ajfa-10605	28	18	.	.	PUNCT
ajfa-10605	29	1	overconfidence	overconfidence	NOUN
ajfa-10605	29	2	is	be	AUX
ajfa-10605	29	3	believed	believe	VERB
ajfa-10605	29	4	to	to	PART
ajfa-10605	29	5	improve	improve	VERB
ajfa-10605	29	6	persistence	persistence	NOUN
ajfa-10605	29	7	and	and	CCONJ
ajfa-10605	29	8	determination	determination	NOUN
ajfa-10605	29	9	,	,	PUNCT
ajfa-10605	29	10	mental	mental	ADJ
ajfa-10605	29	11	facility	facility	NOUN
ajfa-10605	29	12	,	,	PUNCT
ajfa-10605	29	13	and	and	CCONJ
ajfa-10605	29	14	risk	risk	NOUN
ajfa-10605	29	15	tolerance	tolerance	NOUN
ajfa-10605	29	16	.	.	PUNCT
ajfa-10605	30	1	in	in	ADP
ajfa-10605	30	2	other	other	ADJ
ajfa-10605	30	3	words	word	NOUN
ajfa-10605	30	4	,	,	PUNCT
ajfa-10605	30	5	overconfidence	overconfidence	NOUN
ajfa-10605	30	6	can	can	AUX
ajfa-10605	30	7	help	help	VERB
ajfa-10605	30	8	to	to	PART
ajfa-10605	30	9	promote	promote	VERB
ajfa-10605	30	10	professional	professional	ADJ
ajfa-10605	30	11	performance	performance	NOUN
ajfa-10605	30	12	.	.	PUNCT
ajfa-10605	31	1	it	it	PRON
ajfa-10605	31	2	is	be	AUX
ajfa-10605	31	3	also	also	ADV
ajfa-10605	31	4	noted	note	VERB
ajfa-10605	31	5	that	that	SCONJ
ajfa-10605	31	6	overconfidence	overconfidence	NOUN
ajfa-10605	31	7	can	can	AUX
ajfa-10605	31	8	enhance	enhance	VERB
ajfa-10605	31	9	other	other	ADJ
ajfa-10605	31	10	’s	’s	PART
ajfa-10605	31	11	asian	asian	ADJ
ajfa-10605	31	12	journal	journal	NOUN
ajfa-10605	31	13	of	of	ADP
ajfa-10605	31	14	finance	finance	PROPN
ajfa-10605	31	15	&	&	CCONJ
ajfa-10605	31	16	accounting	accounting	PROPN
ajfa-10605	31	17	issn	issn	PROPN
ajfa-10605	31	18	1946	1946	NUM
ajfa-10605	31	19	-	-	PUNCT
ajfa-10605	31	20	052x	052x	PROPN
ajfa-10605	31	21	2017	2017	NUM
ajfa-10605	31	22	,	,	PUNCT
ajfa-10605	31	23	vol	vol	NOUN
ajfa-10605	31	24	.	.	NOUN
ajfa-10605	31	25	9	9	NUM
ajfa-10605	31	26	,	,	PUNCT
ajfa-10605	31	27	no	no	INTJ
ajfa-10605	31	28	.	.	NOUN
ajfa-10605	31	29	1	1	NUM
ajfa-10605	31	30	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-10605	31	31	157	157	NUM
ajfa-10605	31	32	perception	perception	NOUN
ajfa-10605	31	33	of	of	ADP
ajfa-10605	31	34	one	one	NUM
ajfa-10605	31	35	’s	’s	PART
ajfa-10605	31	36	abilities	ability	NOUN
ajfa-10605	31	37	,	,	PUNCT
ajfa-10605	31	38	which	which	PRON
ajfa-10605	31	39	may	may	AUX
ajfa-10605	31	40	help	help	VERB
ajfa-10605	31	41	to	to	PART
ajfa-10605	31	42	achieve	achieve	VERB
ajfa-10605	31	43	faster	fast	ADJ
ajfa-10605	31	44	promotion	promotion	NOUN
ajfa-10605	31	45	and	and	CCONJ
ajfa-10605	31	46	greater	great	ADJ
ajfa-10605	31	47	investment	investment	NOUN
ajfa-10605	31	48	duration	duration	NOUN
ajfa-10605	31	49	(	(	PUNCT
ajfa-10605	31	50	oberlechner	oberlechner	NOUN
ajfa-10605	31	51	&	&	CCONJ
ajfa-10605	31	52	osler	osler	PROPN
ajfa-10605	31	53	,	,	PUNCT
ajfa-10605	31	54	2008	2008	NUM
ajfa-10605	31	55	)	)	PUNCT
ajfa-10605	31	56	.	.	PUNCT
ajfa-10605	32	1	if	if	SCONJ
ajfa-10605	32	2	an	an	DET
ajfa-10605	32	3	investor	investor	NOUN
ajfa-10605	32	4	overestimates	overestimate	VERB
ajfa-10605	32	5	his	his	PRON
ajfa-10605	32	6	ability	ability	NOUN
ajfa-10605	32	7	to	to	PART
ajfa-10605	32	8	generate	generate	VERB
ajfa-10605	32	9	information	information	NOUN
ajfa-10605	32	10	or	or	CCONJ
ajfa-10605	32	11	to	to	PART
ajfa-10605	32	12	identify	identify	VERB
ajfa-10605	32	13	the	the	DET
ajfa-10605	32	14	significance	significance	NOUN
ajfa-10605	32	15	of	of	ADP
ajfa-10605	32	16	existing	exist	VERB
ajfa-10605	32	17	data	datum	NOUN
ajfa-10605	32	18	that	that	PRON
ajfa-10605	32	19	others	other	NOUN
ajfa-10605	32	20	neglect	neglect	VERB
ajfa-10605	32	21	,	,	PUNCT
ajfa-10605	32	22	he	he	PRON
ajfa-10605	32	23	will	will	AUX
ajfa-10605	32	24	underestimate	underestimate	VERB
ajfa-10605	32	25	his	his	PRON
ajfa-10605	32	26	forecast	forecast	NOUN
ajfa-10605	32	27	errors	error	NOUN
ajfa-10605	32	28	;	;	PUNCT
ajfa-10605	32	29	he	he	PRON
ajfa-10605	32	30	will	will	AUX
ajfa-10605	32	31	tend	tend	VERB
ajfa-10605	32	32	to	to	PART
ajfa-10605	32	33	be	be	AUX
ajfa-10605	32	34	overconfident	overconfident	ADJ
ajfa-10605	32	35	about	about	ADP
ajfa-10605	32	36	the	the	DET
ajfa-10605	32	37	information	information	NOUN
ajfa-10605	32	38	he	he	PRON
ajfa-10605	32	39	has	have	AUX
ajfa-10605	32	40	generated	generate	VERB
ajfa-10605	32	41	but	but	CCONJ
ajfa-10605	32	42	not	not	PART
ajfa-10605	32	43	about	about	ADP
ajfa-10605	32	44	public	public	ADJ
ajfa-10605	32	45	signals	signal	NOUN
ajfa-10605	32	46	.	.	PUNCT
ajfa-10605	33	1	thus	thus	ADV
ajfa-10605	33	2	,	,	PUNCT
ajfa-10605	33	3	the	the	DET
ajfa-10605	33	4	person	person	NOUN
ajfa-10605	33	5	who	who	PRON
ajfa-10605	33	6	overestimates	overestimate	VERB
ajfa-10605	33	7	the	the	DET
ajfa-10605	33	8	precision	precision	NOUN
ajfa-10605	33	9	of	of	ADP
ajfa-10605	33	10	his	his	PRON
ajfa-10605	33	11	own	own	ADJ
ajfa-10605	33	12	information	information	NOUN
ajfa-10605	33	13	signal	signal	NOUN
ajfa-10605	33	14	instead	instead	ADV
ajfa-10605	33	15	of	of	ADP
ajfa-10605	33	16	received	receive	VERB
ajfa-10605	33	17	publicly	publicly	ADV
ajfa-10605	33	18	information	information	NOUN
ajfa-10605	33	19	signals	signal	NOUN
ajfa-10605	33	20	is	be	AUX
ajfa-10605	33	21	defined	define	VERB
ajfa-10605	33	22	as	as	ADP
ajfa-10605	33	23	an	an	DET
ajfa-10605	33	24	overconfident	overconfident	ADJ
ajfa-10605	33	25	investor	investor	NOUN
ajfa-10605	33	26	.	.	PUNCT
ajfa-10605	34	1	people	people	NOUN
ajfa-10605	34	2	tend	tend	VERB
ajfa-10605	34	3	to	to	PART
ajfa-10605	34	4	think	think	VERB
ajfa-10605	34	5	that	that	SCONJ
ajfa-10605	34	6	they	they	PRON
ajfa-10605	34	7	are	be	AUX
ajfa-10605	34	8	better	well	ADJ
ajfa-10605	34	9	than	than	SCONJ
ajfa-10605	34	10	they	they	PRON
ajfa-10605	34	11	really	really	ADV
ajfa-10605	34	12	are	be	AUX
ajfa-10605	34	13	.	.	PUNCT
ajfa-10605	35	1	both	both	CCONJ
ajfa-10605	35	2	the	the	DET
ajfa-10605	35	3	psychology	psychology	NOUN
ajfa-10605	35	4	and	and	CCONJ
ajfa-10605	35	5	the	the	DET
ajfa-10605	35	6	recent	recent	ADJ
ajfa-10605	35	7	finance	finance	NOUN
ajfa-10605	35	8	literature	literature	NOUN
ajfa-10605	35	9	characterize	characterize	VERB
ajfa-10605	35	10	people	people	NOUN
ajfa-10605	35	11	with	with	ADP
ajfa-10605	35	12	this	this	DET
ajfa-10605	35	13	type	type	NOUN
ajfa-10605	35	14	of	of	ADP
ajfa-10605	35	15	behavior	behavior	NOUN
ajfa-10605	35	16	as	as	ADP
ajfa-10605	35	17	being	be	AUX
ajfa-10605	35	18	“	"	PUNCT
ajfa-10605	35	19	overconfident	overconfident	ADJ
ajfa-10605	35	20	.	.	PUNCT
ajfa-10605	35	21	”	"	PUNCT
ajfa-10605	36	1	studies	study	NOUN
ajfa-10605	36	2	in	in	ADP
ajfa-10605	36	3	human	human	ADJ
ajfa-10605	36	4	behavior	behavior	NOUN
ajfa-10605	36	5	have	have	AUX
ajfa-10605	36	6	shown	show	VERB
ajfa-10605	36	7	that	that	DET
ajfa-10605	36	8	overconfidence	overconfidence	NOUN
ajfa-10605	36	9	is	be	AUX
ajfa-10605	36	10	a	a	DET
ajfa-10605	36	11	major	major	ADJ
ajfa-10605	36	12	contributing	contribute	VERB
ajfa-10605	36	13	factor	factor	NOUN
ajfa-10605	36	14	to	to	ADP
ajfa-10605	36	15	overtrading	overtrade	VERB
ajfa-10605	36	16	phenomenon	phenomenon	NOUN
ajfa-10605	36	17	of	of	ADP
ajfa-10605	36	18	financial	financial	ADJ
ajfa-10605	36	19	market	market	NOUN
ajfa-10605	36	20	participants	participant	NOUN
ajfa-10605	36	21	.	.	PUNCT
ajfa-10605	37	1	barber	barber	NOUN
ajfa-10605	37	2	and	and	CCONJ
ajfa-10605	37	3	odean	odean	ADJ
ajfa-10605	37	4	(	(	PUNCT
ajfa-10605	37	5	2001	2001	NUM
ajfa-10605	37	6	)	)	PUNCT
ajfa-10605	37	7	attributed	attribute	VERB
ajfa-10605	37	8	the	the	DET
ajfa-10605	37	9	high	high	ADJ
ajfa-10605	37	10	volume	volume	NOUN
ajfa-10605	37	11	of	of	ADP
ajfa-10605	37	12	trading	trading	NOUN
ajfa-10605	37	13	to	to	ADP
ajfa-10605	37	14	investors	investor	NOUN
ajfa-10605	37	15	‘	'	PUNCT
ajfa-10605	37	16	overconfidence	overconfidence	NOUN
ajfa-10605	37	17	,	,	PUNCT
ajfa-10605	37	18	in	in	ADP
ajfa-10605	37	19	which	which	PRON
ajfa-10605	37	20	makes	make	VERB
ajfa-10605	37	21	investors	investor	NOUN
ajfa-10605	37	22	believe	believe	VERB
ajfa-10605	37	23	their	their	PRON
ajfa-10605	37	24	own	own	ADJ
ajfa-10605	37	25	judgment	judgment	NOUN
ajfa-10605	37	26	too	too	ADV
ajfa-10605	37	27	definitely	definitely	ADV
ajfa-10605	37	28	and	and	CCONJ
ajfa-10605	37	29	not	not	PART
ajfa-10605	37	30	enough	enough	ADV
ajfa-10605	37	31	consider	consider	VERB
ajfa-10605	37	32	others	other	NOUN
ajfa-10605	37	33	’	'	PUNCT
ajfa-10605	37	34	assessment	assessment	NOUN
ajfa-10605	37	35	.	.	PUNCT
ajfa-10605	38	1	the	the	DET
ajfa-10605	38	2	role	role	NOUN
ajfa-10605	38	3	of	of	ADP
ajfa-10605	38	4	overconfidence	overconfidence	NOUN
ajfa-10605	38	5	in	in	ADP
ajfa-10605	38	6	the	the	DET
ajfa-10605	38	7	trading	trading	NOUN
ajfa-10605	38	8	tendency	tendency	NOUN
ajfa-10605	38	9	of	of	ADP
ajfa-10605	38	10	stock	stock	NOUN
ajfa-10605	38	11	has	have	AUX
ajfa-10605	38	12	been	be	AUX
ajfa-10605	38	13	studied	study	VERB
ajfa-10605	38	14	by	by	ADP
ajfa-10605	38	15	grinblatt	grinblatt	NOUN
ajfa-10605	38	16	and	and	CCONJ
ajfa-10605	38	17	han	han	PROPN
ajfa-10605	38	18	(	(	PUNCT
ajfa-10605	38	19	2002	2002	NUM
ajfa-10605	38	20	)	)	PUNCT
ajfa-10605	38	21	.	.	PUNCT
ajfa-10605	39	1	they	they	PRON
ajfa-10605	39	2	analyzed	analyze	VERB
ajfa-10605	39	3	and	and	CCONJ
ajfa-10605	39	4	found	find	VERB
ajfa-10605	39	5	that	that	SCONJ
ajfa-10605	39	6	overconfident	overconfident	ADJ
ajfa-10605	39	7	investors	investor	NOUN
ajfa-10605	39	8	tend	tend	VERB
ajfa-10605	39	9	to	to	PART
ajfa-10605	39	10	trade	trade	VERB
ajfa-10605	39	11	more	more	ADV
ajfa-10605	39	12	frequently	frequently	ADV
ajfa-10605	39	13	.	.	PUNCT
ajfa-10605	40	1	2.2	2.2	NUM
ajfa-10605	40	2	market	market	NOUN
ajfa-10605	40	3	factor	factor	NOUN
ajfa-10605	40	4	de	de	NOUN
ajfa-10605	40	5	bondt	bondt	NOUN
ajfa-10605	40	6	and	and	CCONJ
ajfa-10605	40	7	thaler	thaler	NOUN
ajfa-10605	40	8	(	(	PUNCT
ajfa-10605	40	9	1995	1995	NUM
ajfa-10605	40	10	)	)	PUNCT
ajfa-10605	40	11	state	state	NOUN
ajfa-10605	40	12	that	that	SCONJ
ajfa-10605	40	13	financial	financial	ADJ
ajfa-10605	40	14	markets	market	NOUN
ajfa-10605	40	15	can	can	AUX
ajfa-10605	40	16	be	be	AUX
ajfa-10605	40	17	affected	affect	VERB
ajfa-10605	40	18	by	by	ADP
ajfa-10605	40	19	investors	investor	NOUN
ajfa-10605	40	20	’	'	PUNCT
ajfa-10605	40	21	behaviors	behavior	NOUN
ajfa-10605	40	22	in	in	ADP
ajfa-10605	40	23	the	the	DET
ajfa-10605	40	24	way	way	NOUN
ajfa-10605	40	25	of	of	ADP
ajfa-10605	40	26	behavioral	behavioral	ADJ
ajfa-10605	40	27	finance	finance	NOUN
ajfa-10605	40	28	.	.	PUNCT
ajfa-10605	41	1	if	if	SCONJ
ajfa-10605	41	2	the	the	DET
ajfa-10605	41	3	perspectives	perspective	NOUN
ajfa-10605	41	4	of	of	ADP
ajfa-10605	41	5	behavioral	behavioral	ADJ
ajfa-10605	41	6	finance	finance	NOUN
ajfa-10605	41	7	are	be	AUX
ajfa-10605	41	8	correct	correct	ADJ
ajfa-10605	41	9	,	,	PUNCT
ajfa-10605	41	10	it	it	PRON
ajfa-10605	41	11	is	be	AUX
ajfa-10605	41	12	believed	believe	VERB
ajfa-10605	41	13	that	that	SCONJ
ajfa-10605	41	14	the	the	DET
ajfa-10605	41	15	investors	investor	NOUN
ajfa-10605	41	16	may	may	AUX
ajfa-10605	41	17	have	have	VERB
ajfa-10605	41	18	overor	overor	NOUN
ajfa-10605	41	19	under	under	NOUN
ajfa-10605	41	20	-	-	PUNCT
ajfa-10605	41	21	reaction	reaction	NOUN
ajfa-10605	41	22	to	to	PART
ajfa-10605	41	23	price	price	NOUN
ajfa-10605	41	24	changes	change	NOUN
ajfa-10605	41	25	or	or	CCONJ
ajfa-10605	41	26	news	news	NOUN
ajfa-10605	41	27	;	;	PUNCT
ajfa-10605	41	28	extrapolation	extrapolation	NOUN
ajfa-10605	41	29	of	of	ADP
ajfa-10605	41	30	past	past	ADJ
ajfa-10605	41	31	trends	trend	NOUN
ajfa-10605	41	32	into	into	ADP
ajfa-10605	41	33	the	the	DET
ajfa-10605	41	34	future	future	NOUN
ajfa-10605	41	35	;	;	PUNCT
ajfa-10605	41	36	a	a	DET
ajfa-10605	41	37	lack	lack	NOUN
ajfa-10605	41	38	of	of	ADP
ajfa-10605	41	39	attention	attention	NOUN
ajfa-10605	41	40	to	to	ADP
ajfa-10605	41	41	fundamentals	fundamental	NOUN
ajfa-10605	41	42	underlying	underlie	VERB
ajfa-10605	41	43	a	a	DET
ajfa-10605	41	44	stock	stock	NOUN
ajfa-10605	41	45	;	;	PUNCT
ajfa-10605	41	46	the	the	DET
ajfa-10605	41	47	focus	focus	NOUN
ajfa-10605	41	48	on	on	ADP
ajfa-10605	41	49	popular	popular	ADJ
ajfa-10605	41	50	stocks	stock	NOUN
ajfa-10605	41	51	and	and	CCONJ
ajfa-10605	41	52	seasonal	seasonal	ADJ
ajfa-10605	41	53	price	price	NOUN
ajfa-10605	41	54	cycles	cycle	NOUN
ajfa-10605	41	55	.	.	PUNCT
ajfa-10605	42	1	these	these	DET
ajfa-10605	42	2	market	market	NOUN
ajfa-10605	42	3	factors	factor	NOUN
ajfa-10605	42	4	,	,	PUNCT
ajfa-10605	42	5	in	in	ADP
ajfa-10605	42	6	turns	turn	NOUN
ajfa-10605	42	7	,	,	PUNCT
ajfa-10605	42	8	influence	influence	VERB
ajfa-10605	42	9	the	the	DET
ajfa-10605	42	10	decision	decision	NOUN
ajfa-10605	42	11	making	making	NOUN
ajfa-10605	42	12	of	of	ADP
ajfa-10605	42	13	investors	investor	NOUN
ajfa-10605	42	14	in	in	ADP
ajfa-10605	42	15	the	the	DET
ajfa-10605	42	16	stock	stock	NOUN
ajfa-10605	42	17	market	market	NOUN
ajfa-10605	42	18	.	.	PUNCT
ajfa-10605	43	1	waweru	waweru	PROPN
ajfa-10605	43	2	et	et	PROPN
ajfa-10605	43	3	al	al	PROPN
ajfa-10605	43	4	.	.	PROPN
ajfa-10605	44	1	(	(	PUNCT
ajfa-10605	44	2	2008	2008	NUM
ajfa-10605	44	3	)	)	PUNCT
ajfa-10605	44	4	identifies	identify	VERB
ajfa-10605	44	5	the	the	DET
ajfa-10605	44	6	factors	factor	NOUN
ajfa-10605	44	7	of	of	ADP
ajfa-10605	44	8	market	market	NOUN
ajfa-10605	44	9	that	that	PRON
ajfa-10605	44	10	have	have	VERB
ajfa-10605	44	11	impact	impact	NOUN
ajfa-10605	44	12	on	on	ADP
ajfa-10605	44	13	investors	investor	NOUN
ajfa-10605	44	14	’	'	PUNCT
ajfa-10605	44	15	decision	decision	NOUN
ajfa-10605	44	16	making	making	NOUN
ajfa-10605	44	17	:	:	PUNCT
ajfa-10605	44	18	price	price	NOUN
ajfa-10605	44	19	changes	change	NOUN
ajfa-10605	44	20	,	,	PUNCT
ajfa-10605	44	21	market	market	NOUN
ajfa-10605	44	22	information	information	NOUN
ajfa-10605	44	23	,	,	PUNCT
ajfa-10605	44	24	past	past	ADJ
ajfa-10605	44	25	trends	trend	NOUN
ajfa-10605	44	26	of	of	ADP
ajfa-10605	44	27	stocks	stock	NOUN
ajfa-10605	44	28	,	,	PUNCT
ajfa-10605	44	29	customer	customer	NOUN
ajfa-10605	44	30	preference	preference	NOUN
ajfa-10605	44	31	,	,	PUNCT
ajfa-10605	44	32	over	over	ADP
ajfa-10605	44	33	-	-	PUNCT
ajfa-10605	44	34	reaction	reaction	NOUN
ajfa-10605	44	35	to	to	ADP
ajfa-10605	44	36	price	price	NOUN
ajfa-10605	44	37	changes	change	NOUN
ajfa-10605	44	38	,	,	PUNCT
ajfa-10605	44	39	and	and	CCONJ
ajfa-10605	44	40	fundamentals	fundamental	NOUN
ajfa-10605	44	41	of	of	ADP
ajfa-10605	44	42	underlying	underlie	VERB
ajfa-10605	44	43	stocks	stock	NOUN
ajfa-10605	44	44	.	.	PUNCT
ajfa-10605	45	1	normally	normally	ADV
ajfa-10605	45	2	,	,	PUNCT
ajfa-10605	45	3	changes	change	NOUN
ajfa-10605	45	4	in	in	ADP
ajfa-10605	45	5	market	market	NOUN
ajfa-10605	45	6	information	information	NOUN
ajfa-10605	45	7	,	,	PUNCT
ajfa-10605	45	8	fundamentals	fundamental	NOUN
ajfa-10605	45	9	of	of	ADP
ajfa-10605	45	10	the	the	DET
ajfa-10605	45	11	underlying	underlie	VERB
ajfa-10605	45	12	stock	stock	NOUN
ajfa-10605	45	13	and	and	CCONJ
ajfa-10605	45	14	stock	stock	NOUN
ajfa-10605	45	15	price	price	NOUN
ajfa-10605	45	16	can	can	AUX
ajfa-10605	45	17	cause	cause	VERB
ajfa-10605	45	18	over	over	ADP
ajfa-10605	45	19	/	/	SYM
ajfa-10605	45	20	under	under	NOUN
ajfa-10605	45	21	-	-	PUNCT
ajfa-10605	45	22	reaction	reaction	NOUN
ajfa-10605	45	23	to	to	ADP
ajfa-10605	45	24	the	the	DET
ajfa-10605	45	25	price	price	NOUN
ajfa-10605	45	26	change	change	NOUN
ajfa-10605	45	27	.	.	PUNCT
ajfa-10605	46	1	these	these	DET
ajfa-10605	46	2	changes	change	NOUN
ajfa-10605	46	3	are	be	AUX
ajfa-10605	46	4	empirically	empirically	ADV
ajfa-10605	46	5	proved	prove	VERB
ajfa-10605	46	6	to	to	PART
ajfa-10605	46	7	have	have	VERB
ajfa-10605	46	8	the	the	DET
ajfa-10605	46	9	high	high	ADJ
ajfa-10605	46	10	influence	influence	NOUN
ajfa-10605	46	11	on	on	ADP
ajfa-10605	46	12	decision	decision	NOUN
ajfa-10605	46	13	-	-	PUNCT
ajfa-10605	46	14	making	make	VERB
ajfa-10605	46	15	behavior	behavior	NOUN
ajfa-10605	46	16	of	of	ADP
ajfa-10605	46	17	investors	investor	NOUN
ajfa-10605	46	18	.	.	PUNCT
ajfa-10605	47	1	researchers	researcher	NOUN
ajfa-10605	47	2	convince	convince	VERB
ajfa-10605	47	3	that	that	SCONJ
ajfa-10605	47	4	over	over	NOUN
ajfa-10605	47	5	-	-	PUNCT
ajfa-10605	47	6	reaction	reaction	NOUN
ajfa-10605	47	7	(	(	PUNCT
ajfa-10605	47	8	de	de	X
ajfa-10605	47	9	bondt	bondt	PROPN
ajfa-10605	47	10	&	&	CCONJ
ajfa-10605	47	11	thaler	thaler	PROPN
ajfa-10605	47	12	,	,	PUNCT
ajfa-10605	47	13	1995	1995	NUM
ajfa-10605	47	14	)	)	PUNCT
ajfa-10605	47	15	or	or	CCONJ
ajfa-10605	47	16	under	under	NOUN
ajfa-10605	47	17	-	-	PUNCT
ajfa-10605	47	18	reaction	reaction	NOUN
ajfa-10605	47	19	(	(	PUNCT
ajfa-10605	47	20	lai	lai	PROPN
ajfa-10605	47	21	,	,	PUNCT
ajfa-10605	47	22	low	low	ADJ
ajfa-10605	47	23	,	,	PUNCT
ajfa-10605	47	24	&	&	CCONJ
ajfa-10605	47	25	lai	lai	PROPN
ajfa-10605	47	26	,	,	PUNCT
ajfa-10605	47	27	2001	2001	NUM
ajfa-10605	47	28	)	)	PUNCT
ajfa-10605	47	29	to	to	ADP
ajfa-10605	47	30	news	news	NOUN
ajfa-10605	47	31	may	may	AUX
ajfa-10605	47	32	result	result	VERB
ajfa-10605	47	33	in	in	ADP
ajfa-10605	47	34	different	different	ADJ
ajfa-10605	47	35	trading	trading	NOUN
ajfa-10605	47	36	strategies	strategy	NOUN
ajfa-10605	47	37	by	by	ADP
ajfa-10605	47	38	investors	investor	NOUN
ajfa-10605	47	39	and	and	CCONJ
ajfa-10605	47	40	hence	hence	ADV
ajfa-10605	47	41	influence	influence	VERB
ajfa-10605	47	42	their	their	PRON
ajfa-10605	47	43	investment	investment	NOUN
ajfa-10605	47	44	decisions	decision	NOUN
ajfa-10605	47	45	.	.	PUNCT
ajfa-10605	48	1	waweru	waweru	PROPN
ajfa-10605	48	2	et	et	PROPN
ajfa-10605	48	3	al	al	PROPN
ajfa-10605	48	4	.	.	PROPN
ajfa-10605	49	1	(	(	PUNCT
ajfa-10605	49	2	2008	2008	NUM
ajfa-10605	49	3	)	)	PUNCT
ajfa-10605	49	4	conclude	conclude	VERB
ajfa-10605	49	5	that	that	SCONJ
ajfa-10605	49	6	market	market	NOUN
ajfa-10605	49	7	information	information	NOUN
ajfa-10605	49	8	has	have	VERB
ajfa-10605	49	9	very	very	ADV
ajfa-10605	49	10	high	high	ADJ
ajfa-10605	49	11	impact	impact	NOUN
ajfa-10605	49	12	on	on	ADP
ajfa-10605	49	13	making	make	VERB
ajfa-10605	49	14	decision	decision	NOUN
ajfa-10605	49	15	of	of	ADP
ajfa-10605	49	16	investors	investor	NOUN
ajfa-10605	49	17	and	and	CCONJ
ajfa-10605	49	18	this	this	PRON
ajfa-10605	49	19	makes	make	VERB
ajfa-10605	49	20	the	the	DET
ajfa-10605	49	21	investors	investor	NOUN
ajfa-10605	49	22	,	,	PUNCT
ajfa-10605	49	23	in	in	ADP
ajfa-10605	49	24	some	some	DET
ajfa-10605	49	25	way	way	NOUN
ajfa-10605	49	26	,	,	PUNCT
ajfa-10605	49	27	tend	tend	VERB
ajfa-10605	49	28	to	to	PART
ajfa-10605	49	29	focus	focus	VERB
ajfa-10605	49	30	on	on	ADP
ajfa-10605	49	31	popular	popular	ADJ
ajfa-10605	49	32	stocks	stock	NOUN
ajfa-10605	49	33	and	and	CCONJ
ajfa-10605	49	34	other	other	ADJ
ajfa-10605	49	35	attention	attention	NOUN
ajfa-10605	49	36	-	-	PUNCT
ajfa-10605	49	37	grabbing	grab	VERB
ajfa-10605	49	38	events	event	NOUN
ajfa-10605	49	39	that	that	PRON
ajfa-10605	49	40	are	be	AUX
ajfa-10605	49	41	relied	rely	VERB
ajfa-10605	49	42	on	on	ADP
ajfa-10605	49	43	the	the	DET
ajfa-10605	49	44	stock	stock	NOUN
ajfa-10605	49	45	market	market	NOUN
ajfa-10605	49	46	information	information	NOUN
ajfa-10605	49	47	.	.	PUNCT
ajfa-10605	50	1	moreover	moreover	ADV
ajfa-10605	50	2	,	,	PUNCT
ajfa-10605	50	3	barber	barber	NOUN
ajfa-10605	50	4	and	and	CCONJ
ajfa-10605	50	5	odean	odean	ADJ
ajfa-10605	50	6	(	(	PUNCT
ajfa-10605	50	7	2001	2001	NUM
ajfa-10605	50	8	)	)	PUNCT
ajfa-10605	50	9	emphasize	emphasize	VERB
ajfa-10605	50	10	that	that	SCONJ
ajfa-10605	50	11	investors	investor	NOUN
ajfa-10605	50	12	are	be	AUX
ajfa-10605	50	13	impacted	impact	VERB
ajfa-10605	50	14	by	by	ADP
ajfa-10605	50	15	events	event	NOUN
ajfa-10605	50	16	in	in	ADP
ajfa-10605	50	17	the	the	DET
ajfa-10605	50	18	stock	stock	NOUN
ajfa-10605	50	19	market	market	NOUN
ajfa-10605	50	20	which	which	PRON
ajfa-10605	50	21	grab	grab	VERB
ajfa-10605	50	22	their	their	PRON
ajfa-10605	50	23	attention	attention	NOUN
ajfa-10605	50	24	,	,	PUNCT
ajfa-10605	50	25	even	even	ADV
ajfa-10605	50	26	when	when	SCONJ
ajfa-10605	50	27	they	they	PRON
ajfa-10605	50	28	do	do	AUX
ajfa-10605	50	29	not	not	PART
ajfa-10605	50	30	know	know	VERB
ajfa-10605	50	31	if	if	SCONJ
ajfa-10605	50	32	these	these	DET
ajfa-10605	50	33	events	event	NOUN
ajfa-10605	50	34	can	can	AUX
ajfa-10605	50	35	result	result	VERB
ajfa-10605	50	36	good	good	ADJ
ajfa-10605	50	37	future	future	ADJ
ajfa-10605	50	38	investment	investment	NOUN
ajfa-10605	50	39	performance	performance	NOUN
ajfa-10605	50	40	.	.	PUNCT
ajfa-10605	51	1	odean	odean	ADJ
ajfa-10605	51	2	(	(	PUNCT
ajfa-10605	51	3	1998	1998	NUM
ajfa-10605	51	4	)	)	PUNCT
ajfa-10605	51	5	explores	explore	VERB
ajfa-10605	51	6	that	that	SCONJ
ajfa-10605	51	7	many	many	ADJ
ajfa-10605	51	8	investors	investor	NOUN
ajfa-10605	51	9	trade	trade	VERB
ajfa-10605	51	10	too	too	ADV
ajfa-10605	51	11	much	much	ADJ
ajfa-10605	51	12	due	due	ADJ
ajfa-10605	51	13	to	to	ADP
ajfa-10605	51	14	their	their	PRON
ajfa-10605	51	15	overconfidence	overconfidence	NOUN
ajfa-10605	51	16	and	and	CCONJ
ajfa-10605	51	17	excessive	excessive	ADJ
ajfa-10605	51	18	optimism	optimism	NOUN
ajfa-10605	51	19	.	.	PUNCT
ajfa-10605	52	1	2.3	2.3	NUM
ajfa-10605	52	2	prospect	prospect	NOUN
ajfa-10605	52	3	theory	theory	NOUN
ajfa-10605	52	4	“	"	PUNCT
ajfa-10605	52	5	prospect	prospect	NOUN
ajfa-10605	52	6	theory	theory	NOUN
ajfa-10605	52	7	,	,	PUNCT
ajfa-10605	52	8	which	which	PRON
ajfa-10605	52	9	was	be	AUX
ajfa-10605	52	10	developed	develop	VERB
ajfa-10605	52	11	by	by	ADP
ajfa-10605	52	12	kahneman	kahneman	NOUN
ajfa-10605	52	13	and	and	CCONJ
ajfa-10605	52	14	tversky	tversky	PROPN
ajfa-10605	52	15	(	(	PUNCT
ajfa-10605	52	16	1979	1979	NUM
ajfa-10605	52	17	)	)	PUNCT
ajfa-10605	52	18	,	,	PUNCT
ajfa-10605	52	19	is	be	AUX
ajfa-10605	52	20	one	one	NUM
ajfa-10605	52	21	of	of	ADP
ajfa-10605	52	22	the	the	DET
ajfa-10605	52	23	most	most	ADV
ajfa-10605	52	24	often	often	ADV
ajfa-10605	52	25	quoted	quote	VERB
ajfa-10605	52	26	and	and	CCONJ
ajfa-10605	52	27	best	well	ADV
ajfa-10605	52	28	-	-	PUNCT
ajfa-10605	52	29	documented	document	VERB
ajfa-10605	52	30	phenomena	phenomenon	NOUN
ajfa-10605	52	31	in	in	ADP
ajfa-10605	52	32	economic	economic	ADJ
ajfa-10605	52	33	psychology	psychology	NOUN
ajfa-10605	52	34	.	.	PUNCT
ajfa-10605	53	1	the	the	DET
ajfa-10605	53	2	theory	theory	NOUN
ajfa-10605	53	3	states	state	VERB
ajfa-10605	53	4	that	that	SCONJ
ajfa-10605	53	5	we	we	PRON
ajfa-10605	53	6	have	have	VERB
ajfa-10605	53	7	an	an	DET
ajfa-10605	53	8	irrational	irrational	ADJ
ajfa-10605	53	9	tendency	tendency	NOUN
ajfa-10605	53	10	to	to	PART
ajfa-10605	53	11	be	be	AUX
ajfa-10605	53	12	less	less	ADV
ajfa-10605	53	13	willing	willing	ADJ
ajfa-10605	53	14	to	to	PART
ajfa-10605	53	15	gamble	gamble	VERB
ajfa-10605	53	16	with	with	ADP
ajfa-10605	53	17	profits	profit	NOUN
ajfa-10605	53	18	than	than	ADP
ajfa-10605	53	19	with	with	ADP
ajfa-10605	53	20	losses	loss	NOUN
ajfa-10605	53	21	.	.	PUNCT
ajfa-10605	53	22	”	"	PUNCT
ajfa-10605	54	1	asian	asian	ADJ
ajfa-10605	54	2	journal	journal	NOUN
ajfa-10605	54	3	of	of	ADP
ajfa-10605	54	4	finance	finance	PROPN
ajfa-10605	54	5	&	&	CCONJ
ajfa-10605	54	6	accounting	accounting	PROPN
ajfa-10605	54	7	issn	issn	PROPN
ajfa-10605	54	8	1946	1946	NUM
ajfa-10605	54	9	-	-	PUNCT
ajfa-10605	54	10	052x	052x	PROPN
ajfa-10605	54	11	2017	2017	NUM
ajfa-10605	54	12	,	,	PUNCT
ajfa-10605	54	13	vol	vol	NOUN
ajfa-10605	54	14	.	.	NOUN
ajfa-10605	54	15	9	9	NUM
ajfa-10605	54	16	,	,	PUNCT
ajfa-10605	54	17	no	no	INTJ
ajfa-10605	54	18	.	.	NOUN
ajfa-10605	54	19	1	1	NUM
ajfa-10605	54	20	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-10605	54	21	158	158	NUM
ajfa-10605	54	22	the	the	DET
ajfa-10605	54	23	prospect	prospect	NOUN
ajfa-10605	54	24	theory	theory	NOUN
ajfa-10605	54	25	showed	show	VERB
ajfa-10605	54	26	human	human	ADJ
ajfa-10605	54	27	behavior	behavior	NOUN
ajfa-10605	54	28	when	when	SCONJ
ajfa-10605	54	29	they	they	PRON
ajfa-10605	54	30	face	face	VERB
ajfa-10605	54	31	with	with	ADP
ajfa-10605	54	32	risk	risk	NOUN
ajfa-10605	54	33	and	and	CCONJ
ajfa-10605	54	34	uncertainly	uncertainly	ADV
ajfa-10605	54	35	.	.	PUNCT
ajfa-10605	55	1	in	in	ADP
ajfa-10605	55	2	particular	particular	ADJ
ajfa-10605	55	3	,	,	PUNCT
ajfa-10605	55	4	people	people	NOUN
ajfa-10605	55	5	are	be	AUX
ajfa-10605	55	6	prone	prone	ADJ
ajfa-10605	55	7	to	to	ADP
ajfa-10605	55	8	certainly	certainly	ADV
ajfa-10605	55	9	,	,	PUNCT
ajfa-10605	55	10	therefore	therefore	ADV
ajfa-10605	55	11	people	people	NOUN
ajfa-10605	55	12	overweight	overweight	VERB
ajfa-10605	55	13	on	on	ADP
ajfa-10605	55	14	the	the	DET
ajfa-10605	55	15	outcomes	outcome	NOUN
ajfa-10605	55	16	that	that	PRON
ajfa-10605	55	17	are	be	AUX
ajfa-10605	55	18	perceived	perceive	VERB
ajfa-10605	55	19	more	more	ADV
ajfa-10605	55	20	certain	certain	ADJ
ajfa-10605	55	21	than	than	SCONJ
ajfa-10605	55	22	that	that	PRON
ajfa-10605	55	23	are	be	AUX
ajfa-10605	55	24	considered	consider	VERB
ajfa-10605	55	25	mere	mere	ADJ
ajfa-10605	55	26	probable	probable	ADJ
ajfa-10605	55	27	.	.	PUNCT
ajfa-10605	56	1	this	this	PRON
ajfa-10605	56	2	called	call	VERB
ajfa-10605	56	3	certainly	certainly	ADV
ajfa-10605	56	4	effect	effect	NOUN
ajfa-10605	56	5	that	that	SCONJ
ajfa-10605	56	6	human	human	ADJ
ajfa-10605	56	7	beings	being	NOUN
ajfa-10605	56	8	are	be	AUX
ajfa-10605	56	9	not	not	PART
ajfa-10605	56	10	consistently	consistently	ADV
ajfa-10605	56	11	risk	risk	NOUN
ajfa-10605	56	12	-	-	PUNCT
ajfa-10605	56	13	averse	averse	ADJ
ajfa-10605	56	14	;	;	PUNCT
ajfa-10605	56	15	rather	rather	ADV
ajfa-10605	56	16	they	they	PRON
ajfa-10605	56	17	are	be	AUX
ajfa-10605	56	18	risk	risk	NOUN
ajfa-10605	56	19	-	-	PUNCT
ajfa-10605	56	20	averse	averse	ADJ
ajfa-10605	56	21	in	in	ADP
ajfa-10605	56	22	gains	gain	NOUN
ajfa-10605	56	23	but	but	CCONJ
ajfa-10605	56	24	risk	risk	NOUN
ajfa-10605	56	25	-	-	PUNCT
ajfa-10605	56	26	takers	taker	NOUN
ajfa-10605	56	27	in	in	ADP
ajfa-10605	56	28	losses	loss	NOUN
ajfa-10605	56	29	.	.	PUNCT
ajfa-10605	57	1	in	in	ADP
ajfa-10605	57	2	other	other	ADJ
ajfa-10605	57	3	words	word	NOUN
ajfa-10605	57	4	,	,	PUNCT
ajfa-10605	57	5	traders	trader	NOUN
ajfa-10605	57	6	are	be	AUX
ajfa-10605	57	7	most	most	ADV
ajfa-10605	57	8	inclined	inclined	ADJ
ajfa-10605	57	9	to	to	PART
ajfa-10605	57	10	take	take	VERB
ajfa-10605	57	11	subsequent	subsequent	ADJ
ajfa-10605	57	12	risks	risk	NOUN
ajfa-10605	57	13	if	if	SCONJ
ajfa-10605	57	14	they	they	PRON
ajfa-10605	57	15	have	have	AUX
ajfa-10605	57	16	already	already	ADV
ajfa-10605	57	17	experienced	experience	VERB
ajfa-10605	57	18	losses	loss	NOUN
ajfa-10605	57	19	.	.	PUNCT
ajfa-10605	58	1	by	by	ADP
ajfa-10605	58	2	contrast	contrast	NOUN
ajfa-10605	58	3	,	,	PUNCT
ajfa-10605	58	4	trader	trader	NOUN
ajfa-10605	58	5	who	who	PRON
ajfa-10605	58	6	have	have	AUX
ajfa-10605	58	7	experienced	experience	VERB
ajfa-10605	58	8	profit	profit	NOUN
ajfa-10605	58	9	,	,	PUNCT
ajfa-10605	58	10	usually	usually	ADV
ajfa-10605	58	11	their	their	PRON
ajfa-10605	58	12	exposure	exposure	NOUN
ajfa-10605	58	13	to	to	ADP
ajfa-10605	58	14	the	the	DET
ajfa-10605	58	15	next	next	ADJ
ajfa-10605	58	16	risk	risk	NOUN
ajfa-10605	58	17	.	.	PUNCT
ajfa-10605	59	1	therefore	therefore	ADV
ajfa-10605	59	2	,	,	PUNCT
ajfa-10605	59	3	people	people	NOUN
ajfa-10605	59	4	respond	respond	VERB
ajfa-10605	59	5	differently	differently	ADV
ajfa-10605	59	6	,	,	PUNCT
ajfa-10605	59	7	depending	depend	VERB
ajfa-10605	59	8	on	on	ADP
ajfa-10605	59	9	whether	whether	SCONJ
ajfa-10605	59	10	the	the	DET
ajfa-10605	59	11	choices	choice	NOUN
ajfa-10605	59	12	are	be	AUX
ajfa-10605	59	13	framed	frame	VERB
ajfa-10605	59	14	in	in	ADP
ajfa-10605	59	15	terms	term	NOUN
ajfa-10605	59	16	of	of	ADP
ajfa-10605	59	17	gains	gain	NOUN
ajfa-10605	59	18	or	or	CCONJ
ajfa-10605	59	19	in	in	ADP
ajfa-10605	59	20	term	term	NOUN
ajfa-10605	59	21	of	of	ADP
ajfa-10605	59	22	losses	loss	NOUN
ajfa-10605	59	23	.	.	PUNCT
ajfa-10605	60	1	the	the	DET
ajfa-10605	60	2	most	most	ADV
ajfa-10605	60	3	famous	famous	ADJ
ajfa-10605	60	4	example	example	NOUN
ajfa-10605	60	5	of	of	ADP
ajfa-10605	60	6	framing	frame	VERB
ajfa-10605	60	7	effects	effect	NOUN
ajfa-10605	60	8	was	be	AUX
ajfa-10605	60	9	illustrated	illustrate	VERB
ajfa-10605	60	10	by	by	ADP
ajfa-10605	60	11	tversky	tversky	PROPN
ajfa-10605	60	12	and	and	CCONJ
ajfa-10605	60	13	kahneman	kahneman	NOUN
ajfa-10605	60	14	(	(	PUNCT
ajfa-10605	60	15	1975	1975	NUM
ajfa-10605	60	16	)	)	PUNCT
ajfa-10605	60	17	.	.	PUNCT
ajfa-10605	61	1	psychology	psychology	NOUN
ajfa-10605	61	2	of	of	ADP
ajfa-10605	61	3	risk	risk	NOUN
ajfa-10605	61	4	refers	refer	VERB
ajfa-10605	61	5	to	to	ADP
ajfa-10605	61	6	the	the	DET
ajfa-10605	61	7	difference	difference	NOUN
ajfa-10605	61	8	level	level	NOUN
ajfa-10605	61	9	of	of	ADP
ajfa-10605	61	10	mental	mental	ADJ
ajfa-10605	61	11	penalty	penalty	NOUN
ajfa-10605	61	12	people	people	NOUN
ajfa-10605	61	13	have	have	VERB
ajfa-10605	61	14	from	from	ADP
ajfa-10605	61	15	a	a	DET
ajfa-10605	61	16	similar	similar	ADJ
ajfa-10605	61	17	size	size	NOUN
ajfa-10605	61	18	loss	loss	NOUN
ajfa-10605	61	19	or	or	CCONJ
ajfa-10605	61	20	gain	gain	NOUN
ajfa-10605	61	21	(	(	PUNCT
ajfa-10605	61	22	barberis	barberis	PROPN
ajfa-10605	61	23	&	&	CCONJ
ajfa-10605	61	24	huang	huang	PROPN
ajfa-10605	61	25	,	,	PUNCT
ajfa-10605	61	26	2001	2001	NUM
ajfa-10605	61	27	)	)	PUNCT
ajfa-10605	61	28	.	.	PUNCT
ajfa-10605	62	1	there	there	PRON
ajfa-10605	62	2	is	be	VERB
ajfa-10605	62	3	evidence	evidence	NOUN
ajfa-10605	62	4	showing	show	VERB
ajfa-10605	62	5	that	that	SCONJ
ajfa-10605	62	6	people	people	NOUN
ajfa-10605	62	7	are	be	AUX
ajfa-10605	62	8	more	more	ADV
ajfa-10605	62	9	distressed	distressed	ADJ
ajfa-10605	62	10	at	at	ADP
ajfa-10605	62	11	the	the	DET
ajfa-10605	62	12	prospect	prospect	NOUN
ajfa-10605	62	13	of	of	ADP
ajfa-10605	62	14	losses	loss	NOUN
ajfa-10605	62	15	than	than	SCONJ
ajfa-10605	62	16	they	they	PRON
ajfa-10605	62	17	are	be	AUX
ajfa-10605	62	18	pleased	pleased	ADJ
ajfa-10605	62	19	by	by	ADP
ajfa-10605	62	20	equivalent	equivalent	ADJ
ajfa-10605	62	21	gains	gain	NOUN
ajfa-10605	62	22	(	(	PUNCT
ajfa-10605	62	23	barberis	barberis	PROPN
ajfa-10605	62	24	&	&	CCONJ
ajfa-10605	62	25	thaler	thaler	PROPN
ajfa-10605	62	26	,	,	PUNCT
ajfa-10605	62	27	2003	2003	NUM
ajfa-10605	62	28	)	)	PUNCT
ajfa-10605	62	29	.	.	PUNCT
ajfa-10605	63	1	moreover	moreover	ADV
ajfa-10605	63	2	,	,	PUNCT
ajfa-10605	63	3	a	a	DET
ajfa-10605	63	4	loss	loss	NOUN
ajfa-10605	63	5	coming	come	VERB
ajfa-10605	63	6	after	after	ADP
ajfa-10605	63	7	prior	prior	ADJ
ajfa-10605	63	8	gain	gain	NOUN
ajfa-10605	63	9	is	be	AUX
ajfa-10605	63	10	proved	prove	VERB
ajfa-10605	63	11	less	less	ADV
ajfa-10605	63	12	painful	painful	ADJ
ajfa-10605	63	13	than	than	ADP
ajfa-10605	63	14	usual	usual	ADJ
ajfa-10605	63	15	while	while	SCONJ
ajfa-10605	63	16	a	a	DET
ajfa-10605	63	17	loss	loss	NOUN
ajfa-10605	63	18	arriving	arrive	VERB
ajfa-10605	63	19	after	after	SCONJ
ajfa-10605	63	20	a	a	DET
ajfa-10605	63	21	loss	loss	NOUN
ajfa-10605	63	22	seems	seem	VERB
ajfa-10605	63	23	to	to	PART
ajfa-10605	63	24	be	be	AUX
ajfa-10605	63	25	more	more	ADV
ajfa-10605	63	26	painful	painful	ADJ
ajfa-10605	63	27	than	than	ADP
ajfa-10605	63	28	usual	usual	ADJ
ajfa-10605	63	29	(	(	PUNCT
ajfa-10605	63	30	barberis	barberis	PROPN
ajfa-10605	63	31	&	&	CCONJ
ajfa-10605	63	32	huang	huang	PROPN
ajfa-10605	63	33	,	,	PUNCT
ajfa-10605	63	34	2001	2001	NUM
ajfa-10605	63	35	)	)	PUNCT
ajfa-10605	63	36	.	.	PUNCT
ajfa-10605	64	1	in	in	ADP
ajfa-10605	64	2	addition	addition	NOUN
ajfa-10605	64	3	,	,	PUNCT
ajfa-10605	64	4	lehenkari	lehenkari	NOUN
ajfa-10605	64	5	and	and	CCONJ
ajfa-10605	64	6	perttunen	perttunen	NOUN
ajfa-10605	64	7	(	(	PUNCT
ajfa-10605	64	8	2004	2004	NUM
ajfa-10605	64	9	)	)	PUNCT
ajfa-10605	64	10	find	find	VERB
ajfa-10605	64	11	that	that	SCONJ
ajfa-10605	64	12	both	both	CCONJ
ajfa-10605	64	13	positive	positive	ADJ
ajfa-10605	64	14	and	and	CCONJ
ajfa-10605	64	15	negative	negative	ADJ
ajfa-10605	64	16	returns	return	NOUN
ajfa-10605	64	17	in	in	ADP
ajfa-10605	64	18	the	the	DET
ajfa-10605	64	19	past	past	NOUN
ajfa-10605	64	20	can	can	AUX
ajfa-10605	64	21	boost	boost	VERB
ajfa-10605	64	22	the	the	DET
ajfa-10605	64	23	negative	negative	ADJ
ajfa-10605	64	24	relationship	relationship	NOUN
ajfa-10605	64	25	between	between	ADP
ajfa-10605	64	26	the	the	DET
ajfa-10605	64	27	selling	selling	NOUN
ajfa-10605	64	28	trend	trend	NOUN
ajfa-10605	64	29	and	and	CCONJ
ajfa-10605	64	30	capital	capital	NOUN
ajfa-10605	64	31	losses	loss	NOUN
ajfa-10605	64	32	of	of	ADP
ajfa-10605	64	33	investors	investor	NOUN
ajfa-10605	64	34	,	,	PUNCT
ajfa-10605	64	35	suggesting	suggest	VERB
ajfa-10605	64	36	that	that	SCONJ
ajfa-10605	64	37	investors	investor	NOUN
ajfa-10605	64	38	are	be	AUX
ajfa-10605	64	39	loss	loss	NOUN
ajfa-10605	64	40	averse	averse	ADJ
ajfa-10605	64	41	.	.	PUNCT
ajfa-10605	65	1	risk	risk	NOUN
ajfa-10605	65	2	aversion	aversion	NOUN
ajfa-10605	65	3	can	can	AUX
ajfa-10605	65	4	be	be	AUX
ajfa-10605	65	5	understood	understand	VERB
ajfa-10605	65	6	as	as	ADP
ajfa-10605	65	7	a	a	DET
ajfa-10605	65	8	common	common	ADJ
ajfa-10605	65	9	behavior	behavior	NOUN
ajfa-10605	65	10	of	of	ADP
ajfa-10605	65	11	investor	investor	NOUN
ajfa-10605	65	12	,	,	PUNCT
ajfa-10605	65	13	nevertheless	nevertheless	ADV
ajfa-10605	65	14	it	it	PRON
ajfa-10605	65	15	may	may	AUX
ajfa-10605	65	16	result	result	VERB
ajfa-10605	65	17	in	in	ADP
ajfa-10605	65	18	bad	bad	ADJ
ajfa-10605	65	19	decision	decision	NOUN
ajfa-10605	65	20	affecting	affect	VERB
ajfa-10605	65	21	investor	investor	NOUN
ajfa-10605	65	22	’s	’s	PART
ajfa-10605	65	23	wealth	wealth	NOUN
ajfa-10605	65	24	(	(	PUNCT
ajfa-10605	65	25	odean	odean	ADJ
ajfa-10605	65	26	,	,	PUNCT
ajfa-10605	65	27	1998	1998	NUM
ajfa-10605	65	28	)	)	PUNCT
ajfa-10605	65	29	.	.	PUNCT
ajfa-10605	66	1	2.4	2.4	NUM
ajfa-10605	66	2	herding	herding	NOUN
ajfa-10605	66	3	behavior	behavior	NOUN
ajfa-10605	66	4	in	in	ADP
ajfa-10605	66	5	stock	stock	NOUN
ajfa-10605	66	6	market	market	NOUN
ajfa-10605	66	7	,	,	PUNCT
ajfa-10605	66	8	herd	herd	NOUN
ajfa-10605	66	9	behavior	behavior	NOUN
ajfa-10605	66	10	implies	imply	VERB
ajfa-10605	66	11	that	that	SCONJ
ajfa-10605	66	12	investors	investor	NOUN
ajfa-10605	66	13	tend	tend	VERB
ajfa-10605	66	14	to	to	PART
ajfa-10605	66	15	ignore	ignore	VERB
ajfa-10605	66	16	the	the	DET
ajfa-10605	66	17	private	private	ADJ
ajfa-10605	66	18	information	information	NOUN
ajfa-10605	66	19	;	;	PUNCT
ajfa-10605	66	20	and	and	CCONJ
ajfa-10605	66	21	they	they	PRON
ajfa-10605	66	22	incline	incline	VERB
ajfa-10605	66	23	to	to	PART
ajfa-10605	66	24	incompatible	incompatible	VERB
ajfa-10605	66	25	observed	observe	VERB
ajfa-10605	66	26	results	result	NOUN
ajfa-10605	66	27	with	with	ADP
ajfa-10605	66	28	the	the	DET
ajfa-10605	66	29	fundamentals	fundamental	NOUN
ajfa-10605	66	30	and	and	CCONJ
ajfa-10605	66	31	the	the	DET
ajfa-10605	66	32	market	market	NOUN
ajfa-10605	66	33	’s	’s	PART
ajfa-10605	66	34	foundation	foundation	PROPN
ajfa-10605	66	35	(	(	PUNCT
ajfa-10605	66	36	bikhchandani	bikhchandani	PROPN
ajfa-10605	66	37	&	&	CCONJ
ajfa-10605	66	38	sharma	sharma	PROPN
ajfa-10605	66	39	,	,	PUNCT
ajfa-10605	66	40	2000	2000	NUM
ajfa-10605	66	41	)	)	PUNCT
ajfa-10605	66	42	.	.	PUNCT
ajfa-10605	67	1	based	base	VERB
ajfa-10605	67	2	on	on	ADP
ajfa-10605	67	3	the	the	DET
ajfa-10605	67	4	observed	observe	VERB
ajfa-10605	67	5	actions	action	NOUN
ajfa-10605	67	6	of	of	ADP
ajfa-10605	67	7	others	other	NOUN
ajfa-10605	67	8	,	,	PUNCT
ajfa-10605	67	9	the	the	DET
ajfa-10605	67	10	individuals	individual	NOUN
ajfa-10605	67	11	create	create	VERB
ajfa-10605	67	12	the	the	DET
ajfa-10605	67	13	behavior	behavior	NOUN
ajfa-10605	67	14	;	;	PUNCT
ajfa-10605	67	15	or	or	CCONJ
ajfa-10605	67	16	in	in	ADP
ajfa-10605	67	17	other	other	ADJ
ajfa-10605	67	18	words	word	NOUN
ajfa-10605	67	19	that	that	PRON
ajfa-10605	67	20	are	be	AUX
ajfa-10605	67	21	imitative	imitative	ADJ
ajfa-10605	67	22	actions	action	NOUN
ajfa-10605	67	23	of	of	ADP
ajfa-10605	67	24	each	each	DET
ajfa-10605	67	25	others	other	NOUN
ajfa-10605	67	26	(	(	PUNCT
ajfa-10605	67	27	hwang	hwang	PROPN
ajfa-10605	67	28	&	&	CCONJ
ajfa-10605	67	29	salmon	salmon	PROPN
ajfa-10605	67	30	,	,	PUNCT
ajfa-10605	67	31	2004	2004	NUM
ajfa-10605	67	32	)	)	PUNCT
ajfa-10605	67	33	.	.	PUNCT
ajfa-10605	68	1	according	accord	VERB
ajfa-10605	68	2	to	to	ADP
ajfa-10605	68	3	banerjee	banerjee	PROPN
ajfa-10605	68	4	(	(	PUNCT
ajfa-10605	68	5	1992	1992	NUM
ajfa-10605	68	6	)	)	PUNCT
ajfa-10605	68	7	,	,	PUNCT
ajfa-10605	68	8	herd	herd	NOUN
ajfa-10605	68	9	behavior	behavior	NOUN
ajfa-10605	68	10	is	be	AUX
ajfa-10605	68	11	defined	define	VERB
ajfa-10605	68	12	that	that	SCONJ
ajfa-10605	68	13	people	people	NOUN
ajfa-10605	68	14	act	act	VERB
ajfa-10605	68	15	on	on	ADP
ajfa-10605	68	16	what	what	PRON
ajfa-10605	68	17	others	other	NOUN
ajfa-10605	68	18	are	be	AUX
ajfa-10605	68	19	doing	do	VERB
ajfa-10605	68	20	,	,	PUNCT
ajfa-10605	68	21	even	even	ADV
ajfa-10605	68	22	they	they	PRON
ajfa-10605	68	23	should	should	AUX
ajfa-10605	68	24	act	act	AUX
ajfa-10605	68	25	differently	differently	ADV
ajfa-10605	68	26	based	base	VERB
ajfa-10605	68	27	on	on	ADP
ajfa-10605	68	28	their	their	PRON
ajfa-10605	68	29	own	own	ADJ
ajfa-10605	68	30	information	information	NOUN
ajfa-10605	68	31	.	.	PUNCT
ajfa-10605	69	1	if	if	SCONJ
ajfa-10605	69	2	only	only	ADV
ajfa-10605	69	3	a	a	DET
ajfa-10605	69	4	single	single	ADJ
ajfa-10605	69	5	investor	investor	NOUN
ajfa-10605	69	6	has	have	VERB
ajfa-10605	69	7	unreasonable	unreasonable	ADJ
ajfa-10605	69	8	behavior	behavior	NOUN
ajfa-10605	69	9	,	,	PUNCT
ajfa-10605	69	10	this	this	DET
ajfa-10605	69	11	investor	investor	NOUN
ajfa-10605	69	12	’s	’s	PART
ajfa-10605	69	13	transactions	transaction	NOUN
ajfa-10605	69	14	have	have	VERB
ajfa-10605	69	15	an	an	DET
ajfa-10605	69	16	insignificant	insignificant	ADJ
ajfa-10605	69	17	impact	impact	NOUN
ajfa-10605	69	18	on	on	ADP
ajfa-10605	69	19	stock	stock	NOUN
ajfa-10605	69	20	price	price	NOUN
ajfa-10605	69	21	in	in	ADP
ajfa-10605	69	22	the	the	DET
ajfa-10605	69	23	market	market	NOUN
ajfa-10605	69	24	.	.	PUNCT
ajfa-10605	70	1	even	even	ADV
ajfa-10605	70	2	if	if	SCONJ
ajfa-10605	70	3	a	a	DET
ajfa-10605	70	4	large	large	ADJ
ajfa-10605	70	5	investment	investment	NOUN
ajfa-10605	70	6	organization	organization	NOUN
ajfa-10605	70	7	takes	take	VERB
ajfa-10605	70	8	actions	action	NOUN
ajfa-10605	70	9	separately	separately	ADV
ajfa-10605	70	10	,	,	PUNCT
ajfa-10605	70	11	its	its	PRON
ajfa-10605	70	12	influence	influence	NOUN
ajfa-10605	70	13	is	be	AUX
ajfa-10605	70	14	also	also	ADV
ajfa-10605	70	15	limited	limited	ADJ
ajfa-10605	70	16	.	.	PUNCT
ajfa-10605	71	1	however	however	ADV
ajfa-10605	71	2	,	,	PUNCT
ajfa-10605	71	3	while	while	SCONJ
ajfa-10605	71	4	the	the	DET
ajfa-10605	71	5	irrational	irrational	ADJ
ajfa-10605	71	6	behavior	behavior	NOUN
ajfa-10605	71	7	is	be	AUX
ajfa-10605	71	8	systematic	systematic	ADJ
ajfa-10605	71	9	,	,	PUNCT
ajfa-10605	71	10	meaning	mean	VERB
ajfa-10605	71	11	that	that	SCONJ
ajfa-10605	71	12	a	a	DET
ajfa-10605	71	13	group	group	NOUN
ajfa-10605	71	14	of	of	ADP
ajfa-10605	71	15	investors	investor	NOUN
ajfa-10605	71	16	with	with	ADP
ajfa-10605	71	17	the	the	DET
ajfa-10605	71	18	same	same	ADJ
ajfa-10605	71	19	unreasonable	unreasonable	ADJ
ajfa-10605	71	20	behavior	behavior	NOUN
ajfa-10605	71	21	,	,	PUNCT
ajfa-10605	71	22	inappropriate	inappropriate	ADJ
ajfa-10605	71	23	pricing	pricing	NOUN
ajfa-10605	71	24	will	will	AUX
ajfa-10605	71	25	appear	appear	VERB
ajfa-10605	71	26	and	and	CCONJ
ajfa-10605	71	27	may	may	AUX
ajfa-10605	71	28	be	be	AUX
ajfa-10605	71	29	extended	extend	VERB
ajfa-10605	71	30	.	.	PUNCT
ajfa-10605	72	1	barber	barber	NOUN
ajfa-10605	72	2	,	,	PUNCT
ajfa-10605	72	3	odean	odean	ADJ
ajfa-10605	72	4	,	,	PUNCT
ajfa-10605	72	5	and	and	CCONJ
ajfa-10605	72	6	zhu	zhu	PROPN
ajfa-10605	72	7	(	(	PUNCT
ajfa-10605	72	8	2009	2009	NUM
ajfa-10605	72	9	)	)	PUNCT
ajfa-10605	72	10	explored	explore	VERB
ajfa-10605	72	11	that	that	SCONJ
ajfa-10605	72	12	individual	individual	ADJ
ajfa-10605	72	13	investors	investor	NOUN
ajfa-10605	72	14	tend	tend	VERB
ajfa-10605	72	15	to	to	PART
ajfa-10605	72	16	contract	contract	VERB
ajfa-10605	72	17	the	the	DET
ajfa-10605	72	18	similar	similar	ADJ
ajfa-10605	72	19	forms	form	NOUN
ajfa-10605	72	20	of	of	ADP
ajfa-10605	72	21	deviant	deviant	ADJ
ajfa-10605	72	22	behavior	behavior	NOUN
ajfa-10605	72	23	at	at	ADP
ajfa-10605	72	24	or	or	CCONJ
ajfa-10605	72	25	around	around	ADP
ajfa-10605	72	26	the	the	DET
ajfa-10605	72	27	same	same	ADJ
ajfa-10605	72	28	time	time	NOUN
ajfa-10605	72	29	.	.	PUNCT
ajfa-10605	73	1	it	it	PRON
ajfa-10605	73	2	is	be	AUX
ajfa-10605	73	3	unnecessary	unnecessary	ADJ
ajfa-10605	73	4	for	for	SCONJ
ajfa-10605	73	5	these	these	DET
ajfa-10605	73	6	investors	investor	NOUN
ajfa-10605	73	7	to	to	PART
ajfa-10605	73	8	reject	reject	VERB
ajfa-10605	73	9	the	the	DET
ajfa-10605	73	10	each	each	DET
ajfa-10605	73	11	other	other	ADJ
ajfa-10605	73	12	’s	’s	PART
ajfa-10605	73	13	actions	action	NOUN
ajfa-10605	73	14	,	,	PUNCT
ajfa-10605	73	15	instead	instead	ADV
ajfa-10605	73	16	their	their	PRON
ajfa-10605	73	17	actions	action	NOUN
ajfa-10605	73	18	have	have	VERB
ajfa-10605	73	19	overall	overall	ADJ
ajfa-10605	73	20	potentiality	potentiality	NOUN
ajfa-10605	73	21	.	.	PUNCT
ajfa-10605	74	1	in	in	ADP
ajfa-10605	74	2	that	that	DET
ajfa-10605	74	3	case	case	NOUN
ajfa-10605	74	4	,	,	PUNCT
ajfa-10605	74	5	individual	individual	ADJ
ajfa-10605	74	6	investors	investor	NOUN
ajfa-10605	74	7	can	can	AUX
ajfa-10605	74	8	not	not	PART
ajfa-10605	74	9	be	be	AUX
ajfa-10605	74	10	considered	consider	VERB
ajfa-10605	74	11	as	as	ADP
ajfa-10605	74	12	noisy	noisy	ADJ
ajfa-10605	74	13	traders	trader	NOUN
ajfa-10605	74	14	;	;	PUNCT
ajfa-10605	74	15	and	and	CCONJ
ajfa-10605	74	16	they	they	PRON
ajfa-10605	74	17	all	all	PRON
ajfa-10605	74	18	seem	seem	VERB
ajfa-10605	74	19	to	to	PART
ajfa-10605	74	20	be	be	AUX
ajfa-10605	74	21	a	a	DET
ajfa-10605	74	22	giant	giant	ADJ
ajfa-10605	74	23	organization	organization	NOUN
ajfa-10605	74	24	having	have	VERB
ajfa-10605	74	25	considerable	considerable	ADJ
ajfa-10605	74	26	impact	impact	NOUN
ajfa-10605	74	27	on	on	ADP
ajfa-10605	74	28	the	the	DET
ajfa-10605	74	29	market	market	NOUN
ajfa-10605	74	30	.	.	PUNCT
ajfa-10605	75	1	this	this	PRON
ajfa-10605	75	2	can	can	AUX
ajfa-10605	75	3	lead	lead	VERB
ajfa-10605	75	4	the	the	DET
ajfa-10605	75	5	stock	stock	NOUN
ajfa-10605	75	6	prices	price	NOUN
ajfa-10605	75	7	not	not	PART
ajfa-10605	75	8	to	to	PART
ajfa-10605	75	9	reflect	reflect	VERB
ajfa-10605	75	10	their	their	PRON
ajfa-10605	75	11	real	real	ADJ
ajfa-10605	75	12	and	and	CCONJ
ajfa-10605	75	13	appropriate	appropriate	ADJ
ajfa-10605	75	14	value	value	NOUN
ajfa-10605	75	15	.	.	PUNCT
ajfa-10605	76	1	herd	herd	ADJ
ajfa-10605	76	2	mentality	mentality	NOUN
ajfa-10605	76	3	is	be	AUX
ajfa-10605	76	4	not	not	PART
ajfa-10605	76	5	only	only	ADV
ajfa-10605	76	6	expressed	express	VERB
ajfa-10605	76	7	in	in	ADP
ajfa-10605	76	8	terms	term	NOUN
ajfa-10605	76	9	of	of	ADP
ajfa-10605	76	10	the	the	DET
ajfa-10605	76	11	same	same	ADJ
ajfa-10605	76	12	action	action	NOUN
ajfa-10605	76	13	with	with	ADP
ajfa-10605	76	14	the	the	DET
ajfa-10605	76	15	crowd	crowd	NOUN
ajfa-10605	76	16	,	,	PUNCT
ajfa-10605	76	17	but	but	CCONJ
ajfa-10605	76	18	also	also	ADV
ajfa-10605	76	19	reflected	reflect	VERB
ajfa-10605	76	20	in	in	ADP
ajfa-10605	76	21	not	not	PART
ajfa-10605	76	22	acting	act	VERB
ajfa-10605	76	23	against	against	ADP
ajfa-10605	76	24	the	the	DET
ajfa-10605	76	25	crowd	crowd	NOUN
ajfa-10605	76	26	despite	despite	SCONJ
ajfa-10605	76	27	the	the	DET
ajfa-10605	76	28	information	information	NOUN
ajfa-10605	76	29	that	that	PRON
ajfa-10605	76	30	they	they	PRON
ajfa-10605	76	31	have	have	VERB
ajfa-10605	76	32	.	.	PUNCT
ajfa-10605	77	1	asian	asian	ADJ
ajfa-10605	77	2	journal	journal	PROPN
ajfa-10605	77	3	of	of	ADP
ajfa-10605	77	4	finance	finance	PROPN
ajfa-10605	77	5	&	&	CCONJ
ajfa-10605	77	6	accounting	accounting	PROPN
ajfa-10605	77	7	issn	issn	PROPN
ajfa-10605	77	8	1946	1946	NUM
ajfa-10605	77	9	-	-	PUNCT
ajfa-10605	77	10	052x	052x	PROPN
ajfa-10605	77	11	2017	2017	NUM
ajfa-10605	77	12	,	,	PUNCT
ajfa-10605	77	13	vol	vol	NOUN
ajfa-10605	77	14	.	.	NOUN
ajfa-10605	77	15	9	9	NUM
ajfa-10605	77	16	,	,	PUNCT
ajfa-10605	77	17	no	no	INTJ
ajfa-10605	77	18	.	.	NOUN
ajfa-10605	77	19	1	1	NUM
ajfa-10605	77	20	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-10605	77	21	159	159	NUM
ajfa-10605	77	22	3	3	NUM
ajfa-10605	77	23	.	.	PUNCT
ajfa-10605	77	24	research	research	NOUN
ajfa-10605	77	25	methodology	methodology	NOUN
ajfa-10605	77	26	semi	semi	ADJ
ajfa-10605	77	27	-	-	ADJ
ajfa-10605	77	28	structured	structured	ADJ
ajfa-10605	77	29	and	and	CCONJ
ajfa-10605	77	30	in	in	ADP
ajfa-10605	77	31	-	-	PUNCT
ajfa-10605	77	32	depth	depth	NOUN
ajfa-10605	77	33	interviewing	interviewing	NOUN
ajfa-10605	77	34	technique	technique	NOUN
ajfa-10605	77	35	was	be	AUX
ajfa-10605	77	36	employed	employ	VERB
ajfa-10605	77	37	to	to	PART
ajfa-10605	77	38	collect	collect	VERB
ajfa-10605	77	39	data	datum	NOUN
ajfa-10605	77	40	from	from	ADP
ajfa-10605	77	41	8	8	NUM
ajfa-10605	77	42	individual	individual	ADJ
ajfa-10605	77	43	investors	investor	NOUN
ajfa-10605	77	44	in	in	ADP
ajfa-10605	77	45	the	the	DET
ajfa-10605	77	46	thailand	thailand	PROPN
ajfa-10605	77	47	stock	stock	NOUN
ajfa-10605	77	48	market	market	NOUN
ajfa-10605	77	49	.	.	PUNCT
ajfa-10605	78	1	interviewees	interviewee	NOUN
ajfa-10605	78	2	were	be	AUX
ajfa-10605	78	3	investors	investor	NOUN
ajfa-10605	78	4	with	with	ADP
ajfa-10605	78	5	at	at	ADV
ajfa-10605	78	6	least	least	ADV
ajfa-10605	78	7	two	two	NUM
ajfa-10605	78	8	-	-	PUNCT
ajfa-10605	78	9	year	year	NOUN
ajfa-10605	78	10	experience	experience	NOUN
ajfa-10605	78	11	in	in	ADP
ajfa-10605	78	12	the	the	DET
ajfa-10605	78	13	market	market	NOUN
ajfa-10605	78	14	.	.	PUNCT
ajfa-10605	79	1	these	these	DET
ajfa-10605	79	2	key	key	ADJ
ajfa-10605	79	3	informants	informant	NOUN
ajfa-10605	79	4	were	be	AUX
ajfa-10605	79	5	selected	select	VERB
ajfa-10605	79	6	based	base	VERB
ajfa-10605	79	7	on	on	ADP
ajfa-10605	79	8	the	the	DET
ajfa-10605	79	9	following	follow	VERB
ajfa-10605	79	10	set	set	NOUN
ajfa-10605	79	11	of	of	ADP
ajfa-10605	79	12	criteria	criterion	NOUN
ajfa-10605	79	13	:	:	PUNCT
ajfa-10605	79	14	(	(	PUNCT
ajfa-10605	79	15	1	1	X
ajfa-10605	79	16	)	)	PUNCT
ajfa-10605	79	17	maximizing	maximize	VERB
ajfa-10605	79	18	over-18	over-18	PROPN
ajfa-10605	79	19	-	-	PUNCT
ajfa-10605	79	20	aged	aged	ADJ
ajfa-10605	79	21	diversification	diversification	NOUN
ajfa-10605	79	22	;	;	PUNCT
ajfa-10605	79	23	(	(	PUNCT
ajfa-10605	79	24	2	2	X
ajfa-10605	79	25	)	)	PUNCT
ajfa-10605	79	26	gender	gender	NOUN
ajfa-10605	79	27	:	:	PUNCT
ajfa-10605	79	28	there	there	PRON
ajfa-10605	79	29	were	be	VERB
ajfa-10605	79	30	both	both	CCONJ
ajfa-10605	79	31	male	male	ADJ
ajfa-10605	79	32	and	and	CCONJ
ajfa-10605	79	33	female	female	ADJ
ajfa-10605	79	34	informants	informant	NOUN
ajfa-10605	79	35	in	in	ADP
ajfa-10605	79	36	each	each	DET
ajfa-10605	79	37	group	group	NOUN
ajfa-10605	79	38	;	;	PUNCT
ajfa-10605	79	39	(	(	PUNCT
ajfa-10605	79	40	3	3	X
ajfa-10605	79	41	)	)	PUNCT
ajfa-10605	79	42	job	job	NOUN
ajfa-10605	79	43	:	:	PUNCT
ajfa-10605	79	44	people	people	NOUN
ajfa-10605	79	45	work	work	VERB
ajfa-10605	79	46	in	in	ADP
ajfa-10605	79	47	stock	stock	NOUN
ajfa-10605	79	48	,	,	PUNCT
ajfa-10605	79	49	finance	finance	NOUN
ajfa-10605	79	50	-	-	PUNCT
ajfa-10605	79	51	banking	banking	NOUN
ajfa-10605	79	52	,	,	PUNCT
ajfa-10605	79	53	enterprises	enterprise	NOUN
ajfa-10605	79	54	,	,	PUNCT
ajfa-10605	79	55	governmental	governmental	ADJ
ajfa-10605	79	56	agencies	agency	NOUN
ajfa-10605	79	57	,	,	PUNCT
ajfa-10605	79	58	etc	etc	X
ajfa-10605	79	59	.	.	X
ajfa-10605	79	60	relying	rely	VERB
ajfa-10605	79	61	on	on	ADP
ajfa-10605	79	62	their	their	PRON
ajfa-10605	79	63	sharing	sharing	NOUN
ajfa-10605	79	64	and	and	CCONJ
ajfa-10605	79	65	knowledge	knowledge	NOUN
ajfa-10605	79	66	in	in	ADP
ajfa-10605	79	67	investment	investment	NOUN
ajfa-10605	79	68	in	in	ADP
ajfa-10605	79	69	stock	stock	NOUN
ajfa-10605	79	70	market	market	NOUN
ajfa-10605	79	71	,	,	PUNCT
ajfa-10605	79	72	better	well	ADJ
ajfa-10605	79	73	understanding	understanding	NOUN
ajfa-10605	79	74	of	of	ADP
ajfa-10605	79	75	psychological	psychological	ADJ
ajfa-10605	79	76	factors	factor	NOUN
ajfa-10605	79	77	influencing	influence	VERB
ajfa-10605	79	78	individuals	individual	NOUN
ajfa-10605	79	79	’	'	PUNCT
ajfa-10605	79	80	investment	investment	NOUN
ajfa-10605	79	81	behavior	behavior	NOUN
ajfa-10605	79	82	in	in	ADP
ajfa-10605	79	83	the	the	DET
ajfa-10605	79	84	market	market	NOUN
ajfa-10605	79	85	has	have	AUX
ajfa-10605	79	86	been	be	AUX
ajfa-10605	79	87	revealed	reveal	VERB
ajfa-10605	79	88	.	.	PUNCT
ajfa-10605	80	1	the	the	DET
ajfa-10605	80	2	demography	demography	NOUN
ajfa-10605	80	3	of	of	ADP
ajfa-10605	80	4	the	the	DET
ajfa-10605	80	5	informants	informant	NOUN
ajfa-10605	80	6	is	be	AUX
ajfa-10605	80	7	summarized	summarize	VERB
ajfa-10605	80	8	in	in	ADP
ajfa-10605	80	9	table	table	NOUN
ajfa-10605	80	10	1	1	NUM
ajfa-10605	80	11	.	.	PUNCT
ajfa-10605	80	12	table	table	NOUN
ajfa-10605	80	13	1	1	NUM
ajfa-10605	80	14	.	.	PUNCT
ajfa-10605	81	1	informant	informant	NOUN
ajfa-10605	81	2	demography	demography	NOUN
ajfa-10605	81	3	no	no	INTJ
ajfa-10605	81	4	.	.	PUNCT
ajfa-10605	82	1	gender	gender	NOUN
ajfa-10605	82	2	age	age	NOUN
ajfa-10605	82	3	education	education	NOUN
ajfa-10605	82	4	experience	experience	NOUN
ajfa-10605	82	5	value	value	NOUN
ajfa-10605	82	6	of	of	ADP
ajfa-10605	82	7	portfolio	portfolio	NOUN
ajfa-10605	82	8	(	(	PUNCT
ajfa-10605	82	9	thb	thb	PROPN
ajfa-10605	82	10	)	)	PUNCT
ajfa-10605	82	11	a	a	DET
ajfa-10605	82	12	male	male	ADJ
ajfa-10605	82	13	28	28	NUM
ajfa-10605	82	14	master	master	NOUN
ajfa-10605	82	15	2	2	NUM
ajfa-10605	82	16	700,000	700,000	NUM
ajfa-10605	82	17	b	b	PRON
ajfa-10605	82	18	male	male	ADJ
ajfa-10605	82	19	29	29	NUM
ajfa-10605	82	20	master	master	NOUN
ajfa-10605	82	21	2	2	NUM
ajfa-10605	82	22	250,000	250,000	NUM
ajfa-10605	82	23	c	c	NOUN
ajfa-10605	82	24	male	male	NOUN
ajfa-10605	82	25	32	32	NUM
ajfa-10605	82	26	master	master	NOUN
ajfa-10605	82	27	over	over	ADP
ajfa-10605	82	28	5	5	NUM
ajfa-10605	82	29	years	year	NOUN
ajfa-10605	83	1	400,000	400,000	NUM
ajfa-10605	83	2	d	d	NOUN
ajfa-10605	83	3	male	male	NOUN
ajfa-10605	83	4	30	30	NUM
ajfa-10605	83	5	master	master	NOUN
ajfa-10605	83	6	3	3	NUM
ajfa-10605	83	7	620,000	620,000	NUM
ajfa-10605	83	8	e	e	NOUN
ajfa-10605	83	9	female	female	ADJ
ajfa-10605	83	10	28	28	NUM
ajfa-10605	83	11	bachelor	bachelor	NOUN
ajfa-10605	83	12	4	4	NUM
ajfa-10605	83	13	100,000	100,000	NUM
ajfa-10605	83	14	f	f	PROPN
ajfa-10605	83	15	male	male	NOUN
ajfa-10605	83	16	28	28	NUM
ajfa-10605	83	17	master	master	NOUN
ajfa-10605	83	18	3	3	NUM
ajfa-10605	83	19	300,000	300,000	NUM
ajfa-10605	83	20	g	g	NOUN
ajfa-10605	83	21	male	male	NOUN
ajfa-10605	83	22	over	over	ADP
ajfa-10605	83	23	35	35	NUM
ajfa-10605	83	24	master	master	NOUN
ajfa-10605	83	25	over	over	ADP
ajfa-10605	83	26	5	5	NUM
ajfa-10605	83	27	years	year	NOUN
ajfa-10605	83	28	over	over	ADP
ajfa-10605	83	29	800,000	800,000	NUM
ajfa-10605	83	30	h	h	NOUN
ajfa-10605	83	31	male	male	NOUN
ajfa-10605	83	32	over	over	ADP
ajfa-10605	83	33	35	35	NUM
ajfa-10605	83	34	master	master	NOUN
ajfa-10605	83	35	over	over	ADP
ajfa-10605	83	36	5	5	NUM
ajfa-10605	83	37	years	year	NOUN
ajfa-10605	83	38	920,000	920,000	NUM
ajfa-10605	83	39	to	to	PART
ajfa-10605	83	40	gain	gain	VERB
ajfa-10605	83	41	a	a	DET
ajfa-10605	83	42	profound	profound	ADJ
ajfa-10605	83	43	insight	insight	NOUN
ajfa-10605	83	44	into	into	ADP
ajfa-10605	83	45	individuals	individual	NOUN
ajfa-10605	83	46	’	’	PART
ajfa-10605	83	47	investment	investment	NOUN
ajfa-10605	83	48	attitude	attitude	NOUN
ajfa-10605	83	49	and	and	CCONJ
ajfa-10605	83	50	intention	intention	NOUN
ajfa-10605	83	51	,	,	PUNCT
ajfa-10605	83	52	the	the	DET
ajfa-10605	83	53	informants	informant	NOUN
ajfa-10605	83	54	were	be	AUX
ajfa-10605	83	55	asked	ask	VERB
ajfa-10605	83	56	to	to	PART
ajfa-10605	83	57	evaluate	evaluate	VERB
ajfa-10605	83	58	and	and	CCONJ
ajfa-10605	83	59	make	make	VERB
ajfa-10605	83	60	comments	comment	NOUN
ajfa-10605	83	61	on	on	ADP
ajfa-10605	83	62	the	the	DET
ajfa-10605	83	63	following	follow	VERB
ajfa-10605	83	64	main	main	ADJ
ajfa-10605	83	65	issues	issue	NOUN
ajfa-10605	83	66	:	:	PUNCT
ajfa-10605	83	67	1	1	X
ajfa-10605	83	68	.	.	X
ajfa-10605	83	69	description	description	NOUN
ajfa-10605	83	70	of	of	ADP
ajfa-10605	83	71	their	their	PRON
ajfa-10605	83	72	stock	stock	NOUN
ajfa-10605	83	73	investment	investment	NOUN
ajfa-10605	83	74	process	process	NOUN
ajfa-10605	83	75	;	;	PUNCT
ajfa-10605	84	1	2	2	X
ajfa-10605	84	2	.	.	X
ajfa-10605	85	1	their	their	PRON
ajfa-10605	85	2	foundation	foundation	NOUN
ajfa-10605	85	3	for	for	ADP
ajfa-10605	85	4	selecting	select	VERB
ajfa-10605	85	5	stock	stock	NOUN
ajfa-10605	85	6	types	type	NOUN
ajfa-10605	85	7	to	to	PART
ajfa-10605	85	8	invest	invest	VERB
ajfa-10605	85	9	;	;	PUNCT
ajfa-10605	85	10	3	3	X
ajfa-10605	85	11	.	.	X
ajfa-10605	85	12	impact	impact	NOUN
ajfa-10605	85	13	of	of	ADP
ajfa-10605	85	14	the	the	DET
ajfa-10605	85	15	environment	environment	NOUN
ajfa-10605	85	16	on	on	ADP
ajfa-10605	85	17	their	their	PRON
ajfa-10605	85	18	investment	investment	NOUN
ajfa-10605	85	19	decision	decision	NOUN
ajfa-10605	85	20	;	;	PUNCT
ajfa-10605	85	21	4	4	X
ajfa-10605	85	22	.	.	X
ajfa-10605	85	23	self	self	NOUN
ajfa-10605	85	24	-	-	PUNCT
ajfa-10605	85	25	evaluation	evaluation	NOUN
ajfa-10605	85	26	of	of	ADP
ajfa-10605	85	27	their	their	PRON
ajfa-10605	85	28	stock	stock	NOUN
ajfa-10605	85	29	investment	investment	NOUN
ajfa-10605	85	30	efficiency	efficiency	NOUN
ajfa-10605	85	31	within	within	ADP
ajfa-10605	85	32	the	the	DET
ajfa-10605	85	33	last	last	ADJ
ajfa-10605	85	34	2	2	NUM
ajfa-10605	85	35	years	year	NOUN
ajfa-10605	85	36	and	and	CCONJ
ajfa-10605	85	37	the	the	DET
ajfa-10605	85	38	ability	ability	NOUN
ajfa-10605	85	39	to	to	PART
ajfa-10605	85	40	control	control	VERB
ajfa-10605	85	41	individual	individual	ADJ
ajfa-10605	85	42	investment	investment	NOUN
ajfa-10605	85	43	;	;	PUNCT
ajfa-10605	85	44	5	5	X
ajfa-10605	85	45	.	.	PUNCT
ajfa-10605	86	1	their	their	PRON
ajfa-10605	86	2	issues	issue	NOUN
ajfa-10605	86	3	and	and	CCONJ
ajfa-10605	86	4	interests	interest	NOUN
ajfa-10605	86	5	in	in	ADP
ajfa-10605	86	6	stock	stock	NOUN
ajfa-10605	86	7	investment	investment	NOUN
ajfa-10605	86	8	in	in	ADP
ajfa-10605	86	9	the	the	DET
ajfa-10605	86	10	market	market	NOUN
ajfa-10605	86	11	;	;	PUNCT
ajfa-10605	86	12	6	6	NUM
ajfa-10605	86	13	their	their	PRON
ajfa-10605	86	14	faith	faith	NOUN
ajfa-10605	86	15	in	in	ADP
ajfa-10605	86	16	the	the	DET
ajfa-10605	86	17	development	development	NOUN
ajfa-10605	86	18	of	of	ADP
ajfa-10605	86	19	the	the	DET
ajfa-10605	86	20	thailand	thailand	PROPN
ajfa-10605	86	21	stock	stock	NOUN
ajfa-10605	86	22	market	market	NOUN
ajfa-10605	86	23	.	.	PUNCT
ajfa-10605	87	1	4	4	X
ajfa-10605	87	2	.	.	NOUN
ajfa-10605	87	3	results	result	NOUN
ajfa-10605	87	4	and	and	CCONJ
ajfa-10605	87	5	discussions	discussion	NOUN
ajfa-10605	87	6	based	base	VERB
ajfa-10605	87	7	on	on	ADP
ajfa-10605	87	8	the	the	DET
ajfa-10605	87	9	interview	interview	NOUN
ajfa-10605	87	10	results	result	NOUN
ajfa-10605	87	11	from	from	ADP
ajfa-10605	87	12	8	8	NUM
ajfa-10605	87	13	investors	investor	NOUN
ajfa-10605	87	14	in	in	ADP
ajfa-10605	87	15	thailand	thailand	PROPN
ajfa-10605	87	16	,	,	PUNCT
ajfa-10605	87	17	there	there	PRON
ajfa-10605	87	18	are	be	VERB
ajfa-10605	87	19	4	4	NUM
ajfa-10605	87	20	codes	code	NOUN
ajfa-10605	87	21	strongly	strongly	ADV
ajfa-10605	87	22	supported	support	VERB
ajfa-10605	87	23	by	by	ADP
ajfa-10605	87	24	the	the	DET
ajfa-10605	87	25	data	datum	NOUN
ajfa-10605	87	26	collected	collect	VERB
ajfa-10605	87	27	.	.	PUNCT
ajfa-10605	88	1	individual	individual	ADJ
ajfa-10605	88	2	investors	investor	NOUN
ajfa-10605	88	3	in	in	ADP
ajfa-10605	88	4	thailand	thailand	PROPN
ajfa-10605	88	5	express	express	VERB
ajfa-10605	88	6	the	the	DET
ajfa-10605	88	7	overconfidence	overconfidence	NOUN
ajfa-10605	88	8	,	,	PUNCT
ajfa-10605	88	9	excessive	excessive	ADJ
ajfa-10605	88	10	optimism	optimism	NOUN
ajfa-10605	88	11	,	,	PUNCT
ajfa-10605	88	12	psychology	psychology	NOUN
ajfa-10605	88	13	of	of	ADP
ajfa-10605	88	14	risk	risk	NOUN
ajfa-10605	88	15	,	,	PUNCT
ajfa-10605	88	16	and	and	CCONJ
ajfa-10605	88	17	herding	herding	NOUN
ajfa-10605	88	18	effect	effect	NOUN
ajfa-10605	88	19	.	.	PUNCT
ajfa-10605	89	1	4.1	4.1	NUM
ajfa-10605	89	2	overconfidence	overconfidence	NOUN
ajfa-10605	89	3	overconfidence	overconfidence	NOUN
ajfa-10605	89	4	is	be	AUX
ajfa-10605	89	5	manifested	manifest	VERB
ajfa-10605	89	6	when	when	SCONJ
ajfa-10605	89	7	investors	investor	NOUN
ajfa-10605	89	8	overestimate	overestimate	VERB
ajfa-10605	89	9	their	their	PRON
ajfa-10605	89	10	knowledge	knowledge	NOUN
ajfa-10605	89	11	and	and	CCONJ
ajfa-10605	89	12	skills	skill	NOUN
ajfa-10605	89	13	without	without	ADP
ajfa-10605	89	14	their	their	PRON
ajfa-10605	89	15	consciousness	consciousness	NOUN
ajfa-10605	89	16	.	.	PUNCT
ajfa-10605	90	1	barberis	barberis	PROPN
ajfa-10605	90	2	and	and	CCONJ
ajfa-10605	90	3	thaler	thaler	PROPN
ajfa-10605	90	4	(	(	PUNCT
ajfa-10605	90	5	2003	2003	NUM
ajfa-10605	90	6	)	)	PUNCT
ajfa-10605	90	7	lists	list	VERB
ajfa-10605	90	8	many	many	ADJ
ajfa-10605	90	9	psychological	psychological	ADJ
ajfa-10605	90	10	studies	study	NOUN
ajfa-10605	90	11	in	in	ADP
ajfa-10605	90	12	financial	financial	ADJ
ajfa-10605	90	13	market	market	NOUN
ajfa-10605	90	14	and	and	CCONJ
ajfa-10605	90	15	show	show	VERB
ajfa-10605	90	16	that	that	SCONJ
ajfa-10605	90	17	investors	investor	NOUN
ajfa-10605	90	18	seem	seem	VERB
ajfa-10605	90	19	to	to	PART
ajfa-10605	90	20	be	be	AUX
ajfa-10605	90	21	overconfident	overconfident	ADJ
ajfa-10605	90	22	in	in	ADP
ajfa-10605	90	23	areas	area	NOUN
ajfa-10605	90	24	that	that	PRON
ajfa-10605	90	25	they	they	PRON
ajfa-10605	90	26	have	have	VERB
ajfa-10605	90	27	knowledge	knowledge	NOUN
ajfa-10605	90	28	.	.	PUNCT
ajfa-10605	91	1	overconfidence	overconfidence	NOUN
ajfa-10605	91	2	is	be	AUX
ajfa-10605	91	3	believed	believe	VERB
ajfa-10605	91	4	to	to	PART
ajfa-10605	91	5	improve	improve	VERB
ajfa-10605	91	6	persistence	persistence	NOUN
ajfa-10605	91	7	and	and	CCONJ
ajfa-10605	91	8	determination	determination	NOUN
ajfa-10605	91	9	,	,	PUNCT
ajfa-10605	91	10	mental	mental	ADJ
ajfa-10605	91	11	facility	facility	NOUN
ajfa-10605	91	12	,	,	PUNCT
ajfa-10605	91	13	and	and	CCONJ
ajfa-10605	91	14	risk	risk	NOUN
ajfa-10605	91	15	tolerance	tolerance	NOUN
ajfa-10605	91	16	.	.	PUNCT
ajfa-10605	92	1	6	6	NUM
ajfa-10605	92	2	out	out	ADP
ajfa-10605	92	3	of	of	ADP
ajfa-10605	92	4	8	8	NUM
ajfa-10605	92	5	investors	investor	NOUN
ajfa-10605	92	6	,	,	PUNCT
ajfa-10605	92	7	comment	comment	VERB
ajfa-10605	92	8	a	a	DET
ajfa-10605	92	9	course	course	NOUN
ajfa-10605	92	10	of	of	ADP
ajfa-10605	92	11	stock	stock	NOUN
ajfa-10605	92	12	trading	trading	NOUN
ajfa-10605	92	13	and	and	CCONJ
ajfa-10605	92	14	asian	asian	ADJ
ajfa-10605	92	15	journal	journal	NOUN
ajfa-10605	92	16	of	of	ADP
ajfa-10605	92	17	finance	finance	PROPN
ajfa-10605	92	18	&	&	CCONJ
ajfa-10605	92	19	accounting	accounting	PROPN
ajfa-10605	92	20	issn	issn	PROPN
ajfa-10605	92	21	1946	1946	NUM
ajfa-10605	92	22	-	-	PUNCT
ajfa-10605	92	23	052x	052x	PROPN
ajfa-10605	92	24	2017	2017	NUM
ajfa-10605	92	25	,	,	PUNCT
ajfa-10605	92	26	vol	vol	NOUN
ajfa-10605	92	27	.	.	NOUN
ajfa-10605	93	1	9	9	NUM
ajfa-10605	93	2	,	,	PUNCT
ajfa-10605	93	3	no	no	INTJ
ajfa-10605	93	4	.	.	NOUN
ajfa-10605	93	5	1	1	NUM
ajfa-10605	93	6	ajfa.macrothink.org	ajfa.macrothink.org	PROPN
ajfa-10605	93	7	160	160	NUM
ajfa-10605	93	8	portfolio	portfolio	NOUN
ajfa-10605	93	9	management	management	NOUN
ajfa-10605	93	10	is	be	AUX
ajfa-10605	93	11	not	not	PART
ajfa-10605	93	12	necessary	necessary	ADJ
ajfa-10605	93	13	in	in	ADP
ajfa-10605	93	14	making	make	VERB
ajfa-10605	93	15	any	any	DET
ajfa-10605	93	16	investment	investment	NOUN
ajfa-10605	93	17	in	in	ADP
ajfa-10605	93	18	the	the	DET
ajfa-10605	93	19	market	market	NOUN
ajfa-10605	93	20	.	.	PUNCT
ajfa-10605	94	1	they	they	PRON
ajfa-10605	94	2	believe	believe	VERB
ajfa-10605	94	3	that	that	SCONJ
ajfa-10605	94	4	they	they	PRON
ajfa-10605	94	5	are	be	AUX
ajfa-10605	94	6	capable	capable	ADJ
ajfa-10605	94	7	of	of	ADP
ajfa-10605	94	8	self	self	NOUN
ajfa-10605	94	9	-	-	PUNCT
ajfa-10605	94	10	learning	learning	NOUN
ajfa-10605	94	11	about	about	ADP
ajfa-10605	94	12	stock	stock	NOUN
ajfa-10605	94	13	investment	investment	NOUN
ajfa-10605	94	14	knowledge	knowledge	NOUN
ajfa-10605	94	15	.	.	PUNCT
ajfa-10605	95	1	three	three	NUM
ajfa-10605	95	2	of	of	ADP
ajfa-10605	95	3	the	the	DET
ajfa-10605	95	4	informants	informant	NOUN
ajfa-10605	95	5	think	think	VERB
ajfa-10605	95	6	that	that	SCONJ
ajfa-10605	95	7	stock	stock	NOUN
ajfa-10605	95	8	trading	trading	NOUN
ajfa-10605	95	9	is	be	AUX
ajfa-10605	95	10	all	all	ADV
ajfa-10605	95	11	about	about	ADP
ajfa-10605	95	12	understanding	understand	VERB
ajfa-10605	95	13	business	business	NOUN
ajfa-10605	95	14	specialization	specialization	NOUN
ajfa-10605	95	15	of	of	ADP
ajfa-10605	95	16	the	the	DET
ajfa-10605	95	17	company	company	NOUN
ajfa-10605	95	18	.	.	PUNCT
ajfa-10605	96	1	these	these	DET
ajfa-10605	96	2	investors	investor	NOUN
ajfa-10605	96	3	have	have	VERB
ajfa-10605	96	4	background	background	NOUN
ajfa-10605	96	5	in	in	ADP
ajfa-10605	96	6	marketing	marketing	NOUN
ajfa-10605	96	7	,	,	PUNCT
ajfa-10605	96	8	engineering	engineering	NOUN
ajfa-10605	96	9	and	and	CCONJ
ajfa-10605	96	10	chemistry	chemistry	NOUN
ajfa-10605	96	11	so	so	SCONJ
ajfa-10605	96	12	they	they	PRON
ajfa-10605	96	13	invest	invest	VERB
ajfa-10605	96	14	in	in	ADP
ajfa-10605	96	15	the	the	DET
ajfa-10605	96	16	company	company	NOUN
ajfa-10605	96	17	that	that	PRON
ajfa-10605	96	18	match	match	VERB
ajfa-10605	96	19	their	their	PRON
ajfa-10605	96	20	specialism	specialism	NOUN
ajfa-10605	96	21	.	.	PUNCT
ajfa-10605	97	1	all	all	DET
ajfa-10605	97	2	investors	investor	NOUN
ajfa-10605	97	3	are	be	AUX
ajfa-10605	97	4	confident	confident	ADJ
ajfa-10605	97	5	that	that	SCONJ
ajfa-10605	97	6	they	they	PRON
ajfa-10605	97	7	are	be	AUX
ajfa-10605	97	8	of	of	ADP
ajfa-10605	97	9	full	full	ADJ
ajfa-10605	97	10	control	control	NOUN
ajfa-10605	97	11	of	of	ADP
ajfa-10605	97	12	their	their	PRON
ajfa-10605	97	13	investment	investment	NOUN
ajfa-10605	97	14	.	.	PUNCT
ajfa-10605	98	1	taylor	taylor	PROPN
ajfa-10605	98	2	and	and	CCONJ
ajfa-10605	98	3	brown	brown	PROPN
ajfa-10605	98	4	(	(	PUNCT
ajfa-10605	98	5	1988	1988	NUM
ajfa-10605	98	6	)	)	PUNCT
ajfa-10605	98	7	mention	mention	VERB
ajfa-10605	98	8	a	a	DET
ajfa-10605	98	9	significant	significant	ADJ
ajfa-10605	98	10	aspect	aspect	NOUN
ajfa-10605	98	11	of	of	ADP
ajfa-10605	98	12	overconfidence	overconfidence	NOUN
ajfa-10605	98	13	in	in	ADP
ajfa-10605	98	14	which	which	PRON
ajfa-10605	98	15	investor	investor	NOUN
ajfa-10605	98	16	rate	rate	NOUN
ajfa-10605	98	17	themselves	themselves	PRON
ajfa-10605	98	18	as	as	ADP
ajfa-10605	98	19	the	the	DET
ajfa-10605	98	20	better	well	ADJ
ajfa-10605	98	21	-	-	PUNCT
ajfa-10605	98	22	than	than	ADP
ajfa-10605	98	23	-	-	PUNCT
ajfa-10605	98	24	average	average	NOUN
ajfa-10605	98	25	compared	compare	VERB
ajfa-10605	98	26	to	to	ADP
ajfa-10605	98	27	others	other	NOUN
ajfa-10605	98	28	or	or	CCONJ
ajfa-10605	98	29	have	have	VERB
ajfa-10605	98	30	unrealistic	unrealistic	ADJ
ajfa-10605	98	31	judgments	judgment	NOUN
ajfa-10605	98	32	about	about	ADP
ajfa-10605	98	33	themselves	themselves	PRON
ajfa-10605	98	34	.	.	PUNCT
ajfa-10605	99	1	there	there	PRON
ajfa-10605	99	2	are	be	VERB
ajfa-10605	99	3	5	5	NUM
ajfa-10605	99	4	investors	investor	NOUN
ajfa-10605	99	5	affirm	affirm	NOUN
ajfa-10605	99	6	that	that	SCONJ
ajfa-10605	99	7	their	their	PRON
ajfa-10605	99	8	successful	successful	ADJ
ajfa-10605	99	9	investment	investment	NOUN
ajfa-10605	99	10	is	be	AUX
ajfa-10605	99	11	the	the	DET
ajfa-10605	99	12	result	result	NOUN
ajfa-10605	99	13	of	of	ADP
ajfa-10605	99	14	their	their	PRON
ajfa-10605	99	15	own	own	ADJ
ajfa-10605	99	16	knowledge	knowledge	NOUN
ajfa-10605	99	17	.	.	PUNCT
ajfa-10605	100	1	specially	specially	ADV
ajfa-10605	100	2	all	all	PRON
ajfa-10605	100	3	of	of	ADP
ajfa-10605	100	4	the	the	DET
ajfa-10605	100	5	8	8	NUM
ajfa-10605	100	6	informants	informant	NOUN
ajfa-10605	100	7	believe	believe	VERB
ajfa-10605	100	8	that	that	SCONJ
ajfa-10605	100	9	they	they	PRON
ajfa-10605	100	10	are	be	AUX
ajfa-10605	100	11	aware	aware	ADJ
ajfa-10605	100	12	of	of	ADP
ajfa-10605	100	13	thailand	thailand	PROPN
ajfa-10605	100	14	stock	stock	NOUN
ajfa-10605	100	15	market	market	NOUN
ajfa-10605	100	16	.	.	PUNCT
ajfa-10605	101	1	this	this	PRON
ajfa-10605	101	2	implies	imply	VERB
ajfa-10605	101	3	the	the	DET
ajfa-10605	101	4	existence	existence	NOUN
ajfa-10605	101	5	of	of	ADP
ajfa-10605	101	6	overconfidence	overconfidence	NOUN
ajfa-10605	101	7	in	in	ADP
ajfa-10605	101	8	the	the	DET
ajfa-10605	101	9	interviewed	interviewed	ADJ
ajfa-10605	101	10	investors	investor	NOUN
ajfa-10605	101	11	,	,	PUNCT
ajfa-10605	101	12	which	which	PRON
ajfa-10605	101	13	can	can	AUX
ajfa-10605	101	14	be	be	AUX
ajfa-10605	101	15	seen	see	VERB
ajfa-10605	101	16	through	through	ADP
ajfa-10605	101	17	their	their	PRON
ajfa-10605	101	18	confidence	confidence	NOUN
ajfa-10605	101	19	in	in	ADP
ajfa-10605	101	20	having	have	VERB
ajfa-10605	101	21	full	full	ADJ
ajfa-10605	101	22	control	control	NOUN
ajfa-10605	101	23	of	of	ADP
ajfa-10605	101	24	their	their	PRON
ajfa-10605	101	25	investment	investment	NOUN
ajfa-10605	101	26	in	in	ADP
ajfa-10605	101	27	the	the	DET
ajfa-10605	101	28	market	market	NOUN
ajfa-10605	101	29	.	.	PUNCT
ajfa-10605	102	1	this	this	PRON
ajfa-10605	102	2	is	be	AUX
ajfa-10605	102	3	also	also	ADV
ajfa-10605	102	4	recognized	recognize	VERB
ajfa-10605	102	5	by	by	ADP
ajfa-10605	102	6	odean	odean	ADJ
ajfa-10605	102	7	(	(	PUNCT
ajfa-10605	102	8	1998	1998	NUM
ajfa-10605	102	9	)	)	PUNCT
ajfa-10605	102	10	when	when	SCONJ
ajfa-10605	102	11	he	he	PRON
ajfa-10605	102	12	finds	find	VERB
ajfa-10605	102	13	out	out	ADP
ajfa-10605	102	14	that	that	SCONJ
ajfa-10605	102	15	overconfident	overconfident	ADJ
ajfa-10605	102	16	investors	investor	NOUN
ajfa-10605	102	17	tend	tend	VERB
ajfa-10605	102	18	to	to	PART
ajfa-10605	102	19	believe	believe	VERB
ajfa-10605	102	20	that	that	SCONJ
ajfa-10605	102	21	they	they	PRON
ajfa-10605	102	22	are	be	AUX
ajfa-10605	102	23	better	well	ADJ
ajfa-10605	102	24	than	than	ADP
ajfa-10605	102	25	others	other	NOUN
ajfa-10605	102	26	at	at	ADP
ajfa-10605	102	27	selecting	select	VERB
ajfa-10605	102	28	best	good	ADJ
ajfa-10605	102	29	stocks	stock	NOUN
ajfa-10605	102	30	as	as	ADV
ajfa-10605	102	31	well	well	ADV
ajfa-10605	102	32	as	as	ADP
ajfa-10605	102	33	choosing	choose	VERB
ajfa-10605	102	34	right	right	ADJ
ajfa-10605	102	35	time	time	NOUN
ajfa-10605	102	36	to	to	PART
ajfa-10605	102	37	sign	sign	VERB
ajfa-10605	102	38	in	in	ADP
ajfa-10605	102	39	or	or	CCONJ
ajfa-10605	102	40	out	out	ADP
ajfa-10605	102	41	of	of	ADP
ajfa-10605	102	42	the	the	DET
ajfa-10605	102	43	market	market	NOUN
ajfa-10605	102	44	.	.	PUNCT
ajfa-10605	103	1	individuals	individual	NOUN
ajfa-10605	103	2	’	'	PUNCT
ajfa-10605	103	3	overconfidence	overconfidence	NOUN
ajfa-10605	103	4	is	be	AUX
ajfa-10605	103	5	an	an	DET
ajfa-10605	103	6	important	important	ADJ
ajfa-10605	103	7	factor	factor	NOUN
ajfa-10605	103	8	motivating	motivate	VERB
ajfa-10605	103	9	them	they	PRON
ajfa-10605	103	10	to	to	PART
ajfa-10605	103	11	take	take	VERB
ajfa-10605	103	12	part	part	NOUN
ajfa-10605	103	13	in	in	ADP
ajfa-10605	103	14	stock	stock	NOUN
ajfa-10605	103	15	market	market	NOUN
ajfa-10605	103	16	.	.	PUNCT
ajfa-10605	104	1	it	it	PRON
ajfa-10605	104	2	helps	help	VERB
ajfa-10605	104	3	them	they	PRON
ajfa-10605	104	4	to	to	PART
ajfa-10605	104	5	gain	gain	VERB
ajfa-10605	104	6	more	more	ADV
ajfa-10605	104	7	efficient	efficient	ADJ
ajfa-10605	104	8	transactions	transaction	NOUN
ajfa-10605	104	9	than	than	ADP
ajfa-10605	104	10	in	in	ADP
ajfa-10605	104	11	other	other	ADJ
ajfa-10605	104	12	financial	financial	ADJ
ajfa-10605	104	13	markets	market	NOUN
ajfa-10605	104	14	.	.	PUNCT
ajfa-10605	105	1	relevant	relevant	ADJ
ajfa-10605	105	2	comments	comment	NOUN
ajfa-10605	105	3	made	make	VERB
ajfa-10605	105	4	by	by	ADP
ajfa-10605	105	5	informants	informant	NOUN
ajfa-10605	105	6	are	be	AUX
ajfa-10605	105	7	quoted	quote	VERB
ajfa-10605	105	8	as	as	SCONJ
ajfa-10605	105	9	follows	follow	VERB
ajfa-10605	105	10	:	:	PUNCT
ajfa-10605	105	11	“	"	PUNCT
ajfa-10605	105	12	i	i	PRON
ajfa-10605	105	13	can	can	AUX
ajfa-10605	105	14	understand	understand	VERB
ajfa-10605	105	15	the	the	DET
ajfa-10605	105	16	value	value	NOUN
ajfa-10605	105	17	and	and	CCONJ
ajfa-10605	105	18	the	the	DET
ajfa-10605	105	19	potential	potential	NOUN
ajfa-10605	105	20	of	of	ADP
ajfa-10605	105	21	stocks	stock	NOUN
ajfa-10605	105	22	of	of	ADP
ajfa-10605	105	23	company	company	NOUN
ajfa-10605	105	24	doing	do	VERB
ajfa-10605	105	25	food	food	NOUN
ajfa-10605	105	26	chemistry	chemistry	NOUN
ajfa-10605	105	27	when	when	SCONJ
ajfa-10605	105	28	i	i	PRON
ajfa-10605	105	29	invest	invest	VERB
ajfa-10605	105	30	in	in	ADP
ajfa-10605	105	31	these	these	DET
ajfa-10605	105	32	companies	company	NOUN
ajfa-10605	105	33	.	.	PUNCT
ajfa-10605	106	1	by	by	ADP
ajfa-10605	106	2	finding	find	VERB
ajfa-10605	106	3	out	out	ADP
ajfa-10605	106	4	what	what	PRON
ajfa-10605	106	5	they	they	PRON
ajfa-10605	106	6	are	be	AUX
ajfa-10605	106	7	doing	do	VERB
ajfa-10605	106	8	,	,	PUNCT
ajfa-10605	106	9	i	i	PRON
ajfa-10605	106	10	can	can	AUX
ajfa-10605	106	11	predict	predict	VERB
ajfa-10605	106	12	where	where	SCONJ
ajfa-10605	106	13	they	they	PRON
ajfa-10605	106	14	will	will	AUX
ajfa-10605	106	15	be	be	AUX
ajfa-10605	106	16	going	go	VERB
ajfa-10605	106	17	”	"	PUNCT
ajfa-10605	106	18	;	;	PUNCT
ajfa-10605	106	19	“	"	PUNCT
ajfa-10605	106	20	my	my	PRON
ajfa-10605	106	21	experience	experience	NOUN
ajfa-10605	106	22	in	in	ADP
ajfa-10605	106	23	picking	pick	VERB
ajfa-10605	106	24	stocks	stock	NOUN
ajfa-10605	106	25	come	come	VERB
ajfa-10605	106	26	from	from	ADP
ajfa-10605	106	27	the	the	DET
ajfa-10605	106	28	practice	practice	NOUN
ajfa-10605	106	29	of	of	ADP
ajfa-10605	106	30	trial	trial	NOUN
ajfa-10605	106	31	and	and	CCONJ
ajfa-10605	106	32	failure	failure	NOUN
ajfa-10605	106	33	.	.	PUNCT
ajfa-10605	107	1	no	no	ADV
ajfa-10605	107	2	matter	matter	ADV
ajfa-10605	107	3	how	how	SCONJ
ajfa-10605	107	4	you	you	PRON
ajfa-10605	107	5	learn	learn	VERB
ajfa-10605	107	6	,	,	PUNCT
ajfa-10605	107	7	you	you	PRON
ajfa-10605	107	8	have	have	VERB
ajfa-10605	107	9	to	to	PART
ajfa-10605	107	10	practice	practice	VERB
ajfa-10605	107	11	picking	pick	VERB
ajfa-10605	107	12	stocks	stock	NOUN
ajfa-10605	107	13	and	and	CCONJ
ajfa-10605	107	14	suffer	suffer	VERB
ajfa-10605	107	15	from	from	ADP
ajfa-10605	107	16	some	some	DET
ajfa-10605	107	17	pains	pain	NOUN
ajfa-10605	107	18	to	to	PART
ajfa-10605	107	19	have	have	VERB
ajfa-10605	107	20	gains	gain	NOUN
ajfa-10605	107	21	”	"	PUNCT
ajfa-10605	107	22	;	;	PUNCT
ajfa-10605	107	23	“	"	PUNCT
ajfa-10605	107	24	i	i	PRON
ajfa-10605	107	25	understand	understand	VERB
ajfa-10605	107	26	the	the	DET
ajfa-10605	107	27	core	core	NOUN
ajfa-10605	107	28	value	value	NOUN
ajfa-10605	107	29	of	of	ADP
ajfa-10605	107	30	the	the	DET
ajfa-10605	107	31	company	company	NOUN
ajfa-10605	107	32	business	business	NOUN
ajfa-10605	107	33	so	so	SCONJ
ajfa-10605	107	34	i	i	PRON
ajfa-10605	107	35	can	can	AUX
ajfa-10605	107	36	estimate	estimate	VERB
ajfa-10605	107	37	the	the	DET
ajfa-10605	107	38	real	real	ADJ
ajfa-10605	107	39	price	price	NOUN
ajfa-10605	107	40	of	of	ADP
ajfa-10605	107	41	the	the	DET
ajfa-10605	107	42	stock	stock	NOUN
ajfa-10605	107	43	.	.	PUNCT
ajfa-10605	107	44	”	"	PUNCT
ajfa-10605	107	45	;	;	PUNCT
ajfa-10605	107	46	most	most	ADJ
ajfa-10605	107	47	investors	investor	NOUN
ajfa-10605	107	48	also	also	ADV
ajfa-10605	107	49	believe	believe	VERB
ajfa-10605	107	50	that	that	SCONJ
ajfa-10605	107	51	the	the	DET
ajfa-10605	107	52	thailand	thailand	PROPN
ajfa-10605	107	53	stock	stock	NOUN
ajfa-10605	107	54	market	market	NOUN
ajfa-10605	107	55	is	be	AUX
ajfa-10605	107	56	not	not	PART
ajfa-10605	107	57	efficient	efficient	ADJ
ajfa-10605	107	58	.	.	PUNCT
ajfa-10605	108	1	in	in	ADP
ajfa-10605	108	2	the	the	DET
ajfa-10605	108	3	market	market	NOUN
ajfa-10605	108	4	of	of	ADP
ajfa-10605	108	5	faith	faith	NOUN
ajfa-10605	108	6	,	,	PUNCT
ajfa-10605	108	7	that	that	SCONJ
ajfa-10605	108	8	investors	investor	NOUN
ajfa-10605	108	9	with	with	ADP
ajfa-10605	108	10	good	good	ADJ
ajfa-10605	108	11	luck	luck	NOUN
ajfa-10605	108	12	can	can	AUX
ajfa-10605	108	13	easily	easily	ADV
ajfa-10605	108	14	gain	gain	VERB
ajfa-10605	108	15	successful	successful	ADJ
ajfa-10605	108	16	investment	investment	NOUN
ajfa-10605	108	17	.	.	PUNCT
ajfa-10605	109	1	individuals	individual	NOUN
ajfa-10605	109	2	’	’	PART
ajfa-10605	109	3	investment	investment	NOUN
ajfa-10605	109	4	list	list	NOUN
ajfa-10605	109	5	in	in	ADP
ajfa-10605	109	6	thailand	thailand	PROPN
ajfa-10605	109	7	stock	stock	NOUN
ajfa-10605	109	8	market	market	NOUN
ajfa-10605	109	9	is	be	AUX
ajfa-10605	109	10	not	not	PART
ajfa-10605	109	11	diversified	diversify	VERB
ajfa-10605	109	12	and	and	CCONJ
ajfa-10605	109	13	does	do	AUX
ajfa-10605	109	14	not	not	PART
ajfa-10605	109	15	correctly	correctly	ADV
ajfa-10605	109	16	evaluate	evaluate	VERB
ajfa-10605	109	17	risks	risk	NOUN
ajfa-10605	109	18	that	that	SCONJ
ajfa-10605	109	19	investors	investor	NOUN
ajfa-10605	109	20	might	might	AUX
ajfa-10605	109	21	face	face	VERB
ajfa-10605	109	22	with	with	ADP
ajfa-10605	109	23	.	.	PUNCT
ajfa-10605	110	1	they	they	PRON
ajfa-10605	110	2	often	often	ADV
ajfa-10605	110	3	make	make	VERB
ajfa-10605	110	4	stock	stock	NOUN
ajfa-10605	110	5	transactions	transaction	NOUN
ajfa-10605	110	6	at	at	ADP
ajfa-10605	110	7	high	high	ADJ
ajfa-10605	110	8	frequency	frequency	NOUN
ajfa-10605	110	9	level	level	NOUN
ajfa-10605	110	10	to	to	PART
ajfa-10605	110	11	make	make	VERB
ajfa-10605	110	12	use	use	NOUN
ajfa-10605	110	13	of	of	ADP
ajfa-10605	110	14	information	information	NOUN
ajfa-10605	110	15	that	that	PRON
ajfa-10605	110	16	they	they	PRON
ajfa-10605	110	17	think	think	VERB
ajfa-10605	110	18	they	they	PRON
ajfa-10605	110	19	are	be	AUX
ajfa-10605	110	20	the	the	DET
ajfa-10605	110	21	only	only	ADJ
ajfa-10605	110	22	one	one	NUM
ajfa-10605	110	23	aware	aware	ADJ
ajfa-10605	110	24	of	of	ADP
ajfa-10605	110	25	.	.	PUNCT
ajfa-10605	111	1	4.2	4.2	NUM
ajfa-10605	111	2	excessive	excessive	ADJ
ajfa-10605	111	3	optimism	optimism	NOUN
ajfa-10605	111	4	investors	investor	NOUN
ajfa-10605	111	5	pay	pay	VERB
ajfa-10605	111	6	close	close	ADJ
ajfa-10605	111	7	attention	attention	NOUN
ajfa-10605	111	8	to	to	ADP
ajfa-10605	111	9	the	the	DET
ajfa-10605	111	10	changes	change	NOUN
ajfa-10605	111	11	in	in	ADP
ajfa-10605	111	12	market	market	NOUN
ajfa-10605	111	13	information	information	NOUN
ajfa-10605	111	14	,	,	PUNCT
ajfa-10605	111	15	fundamentals	fundamental	NOUN
ajfa-10605	111	16	of	of	ADP
ajfa-10605	111	17	the	the	DET
ajfa-10605	111	18	underlying	underlie	VERB
ajfa-10605	111	19	stock	stock	NOUN
ajfa-10605	111	20	and	and	CCONJ
ajfa-10605	111	21	stock	stock	NOUN
ajfa-10605	111	22	price	price	NOUN
ajfa-10605	111	23	these	these	DET
ajfa-10605	111	24	changes	change	NOUN
ajfa-10605	111	25	cause	cause	VERB
ajfa-10605	111	26	over	over	ADP
ajfa-10605	111	27	/	/	SYM
ajfa-10605	111	28	under	under	NOUN
ajfa-10605	111	29	-	-	PUNCT
ajfa-10605	111	30	reaction	reaction	NOUN
ajfa-10605	111	31	to	to	ADP
ajfa-10605	111	32	the	the	DET
ajfa-10605	111	33	price	price	NOUN
ajfa-10605	111	34	change	change	NOUN
ajfa-10605	111	35	which	which	PRON
ajfa-10605	111	36	in	in	ADP
ajfa-10605	111	37	turn	turn	NOUN
ajfa-10605	111	38	have	have	VERB
ajfa-10605	111	39	the	the	DET
ajfa-10605	111	40	high	high	ADJ
ajfa-10605	111	41	influence	influence	NOUN
ajfa-10605	111	42	on	on	ADP
ajfa-10605	111	43	decision	decision	NOUN
ajfa-10605	111	44	-	-	PUNCT
ajfa-10605	111	45	making	make	VERB
ajfa-10605	111	46	behavior	behavior	NOUN
ajfa-10605	111	47	of	of	ADP
ajfa-10605	111	48	individual	individual	ADJ
ajfa-10605	111	49	investors	investor	NOUN
ajfa-10605	111	50	.	.	PUNCT
ajfa-10605	112	1	5	5	NUM
ajfa-10605	112	2	of	of	ADP
ajfa-10605	112	3	8	8	NUM
ajfa-10605	112	4	informants	informant	NOUN
ajfa-10605	112	5	state	state	NOUN
ajfa-10605	112	6	that	that	SCONJ
ajfa-10605	112	7	they	they	PRON
ajfa-10605	112	8	would	would	AUX
ajfa-10605	112	9	keep	keep	VERB
ajfa-10605	112	10	investing	invest	VERB
ajfa-10605	112	11	in	in	ADP
ajfa-10605	112	12	the	the	DET
ajfa-10605	112	13	market	market	NOUN
ajfa-10605	112	14	even	even	ADV
ajfa-10605	112	15	when	when	SCONJ
ajfa-10605	112	16	it	it	PRON
ajfa-10605	112	17	declines	decline	VERB
ajfa-10605	112	18	,	,	PUNCT
ajfa-10605	112	19	which	which	PRON
ajfa-10605	112	20	implies	imply	VERB
ajfa-10605	112	21	their	their	PRON
ajfa-10605	112	22	faith	faith	NOUN
ajfa-10605	112	23	in	in	ADP
ajfa-10605	112	24	the	the	DET
ajfa-10605	112	25	high	high	ADJ
ajfa-10605	112	26	productivity	productivity	NOUN
ajfa-10605	112	27	of	of	ADP
ajfa-10605	112	28	stock	stock	NOUN
ajfa-10605	112	29	market	market	NOUN
ajfa-10605	112	30	.	.	PUNCT
ajfa-10605	113	1	6	6	NUM
ajfa-10605	113	2	individuals	individual	NOUN
ajfa-10605	113	3	say	say	VERB
ajfa-10605	113	4	that	that	SCONJ
ajfa-10605	113	5	within	within	ADP
ajfa-10605	113	6	the	the	DET
ajfa-10605	113	7	next	next	ADJ
ajfa-10605	113	8	one	one	NUM
ajfa-10605	113	9	year	year	NOUN
ajfa-10605	113	10	they	they	PRON
ajfa-10605	113	11	would	would	AUX
ajfa-10605	113	12	increase	increase	VERB
ajfa-10605	113	13	investment	investment	NOUN
ajfa-10605	113	14	capital	capital	NOUN
ajfa-10605	113	15	for	for	ADP
ajfa-10605	113	16	this	this	DET
ajfa-10605	113	17	market	market	NOUN
ajfa-10605	113	18	;	;	PUNCT
ajfa-10605	113	19	3	3	NUM
ajfa-10605	113	20	believe	believe	VERB
ajfa-10605	113	21	that	that	SCONJ
ajfa-10605	113	22	within	within	ADP
ajfa-10605	113	23	in	in	ADP
ajfa-10605	113	24	the	the	DET
ajfa-10605	113	25	next	next	ADJ
ajfa-10605	113	26	one	one	NUM
ajfa-10605	113	27	or	or	CCONJ
ajfa-10605	113	28	two	two	NUM
ajfa-10605	113	29	years	year	NOUN
ajfa-10605	113	30	,	,	PUNCT
ajfa-10605	113	31	the	the	DET
ajfa-10605	113	32	thailand	thailand	PROPN
ajfa-10605	113	33	stock	stock	NOUN
ajfa-10605	113	34	market	market	NOUN
ajfa-10605	113	35	would	would	AUX
ajfa-10605	113	36	get	get	VERB
ajfa-10605	113	37	back	back	ADV
ajfa-10605	113	38	on	on	ADP
ajfa-10605	113	39	track	track	NOUN
ajfa-10605	113	40	after	after	ADP
ajfa-10605	113	41	the	the	DET
ajfa-10605	113	42	death	death	NOUN
ajfa-10605	113	43	of	of	ADP
ajfa-10605	113	44	their	their	PRON
ajfa-10605	113	45	beloved	beloved	ADJ
ajfa-10605	113	46	king	king	NOUN
ajfa-10605	113	47	.	.	PUNCT
ajfa-10605	114	1	such	such	ADJ
ajfa-10605	114	2	findings	finding	NOUN
ajfa-10605	114	3	imply	imply	VERB
ajfa-10605	114	4	excessive	excessive	ADJ
ajfa-10605	114	5	optimism	optimism	NOUN
ajfa-10605	114	6	which	which	PRON
ajfa-10605	114	7	can	can	AUX
ajfa-10605	114	8	also	also	ADV
ajfa-10605	114	9	be	be	AUX
ajfa-10605	114	10	seen	see	VERB
ajfa-10605	114	11	in	in	ADP
ajfa-10605	114	12	judgments	judgment	NOUN
ajfa-10605	114	13	made	make	VERB
ajfa-10605	114	14	by	by	ADP
ajfa-10605	114	15	individuals	individual	NOUN
ajfa-10605	114	16	about	about	ADP
ajfa-10605	114	17	the	the	DET
ajfa-10605	114	18	development	development	NOUN
ajfa-10605	114	19	potential	potential	NOUN
ajfa-10605	114	20	for	for	ADP
ajfa-10605	114	21	the	the	DET
ajfa-10605	114	22	thailand	thailand	PROPN
ajfa-10605	114	23	stock	stock	NOUN
ajfa-10605	114	24	market	market	NOUN
ajfa-10605	114	25	as	as	ADV
ajfa-10605	114	26	well	well	ADV
ajfa-10605	114	27	as	as	ADP
ajfa-10605	114	28	their	their	PRON
ajfa-10605	114	29	expectation	expectation	NOUN
ajfa-10605	114	30	of	of	ADP
ajfa-10605	114	31	profits	profit	NOUN
ajfa-10605	114	32	gained	gain	VERB
ajfa-10605	114	33	in	in	ADP
ajfa-10605	114	34	this	this	DET
ajfa-10605	114	35	market	market	NOUN
ajfa-10605	114	36	.	.	PUNCT
ajfa-10605	115	1	gervais	gervais	PROPN
ajfa-10605	115	2	,	,	PUNCT
ajfa-10605	115	3	heaton	heaton	PROPN
ajfa-10605	115	4	,	,	PUNCT
ajfa-10605	115	5	asian	asian	ADJ
ajfa-10605	115	6	journal	journal	NOUN
ajfa-10605	115	7	of	of	ADP
ajfa-10605	115	8	finance	finance	PROPN
ajfa-10605	115	9	&	&	CCONJ
ajfa-10605	115	10	accounting	accounting	PROPN
ajfa-10605	115	11	issn	issn	PROPN
ajfa-10605	115	12	1946	1946	NUM
ajfa-10605	115	13	-	-	PUNCT
ajfa-10605	115	14	052x	052x	PROPN
ajfa-10605	115	15	2017	2017	NUM
ajfa-10605	115	16	,	,	PUNCT
ajfa-10605	115	17	vol	vol	NOUN
ajfa-10605	115	18	.	.	NOUN
ajfa-10605	115	19	9	9	NUM
ajfa-10605	115	20	,	,	PUNCT
ajfa-10605	115	21	no	no	INTJ
ajfa-10605	115	22	.	.	NOUN
ajfa-10605	115	23	1	1	NUM
ajfa-10605	115	24	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-10605	115	25	161	161	NUM
ajfa-10605	115	26	and	and	CCONJ
ajfa-10605	115	27	odean	odean	ADJ
ajfa-10605	115	28	(	(	PUNCT
ajfa-10605	115	29	2002	2002	NUM
ajfa-10605	115	30	)	)	PUNCT
ajfa-10605	115	31	state	state	NOUN
ajfa-10605	115	32	that	that	SCONJ
ajfa-10605	115	33	excessive	excessive	ADJ
ajfa-10605	115	34	optimism	optimism	NOUN
ajfa-10605	115	35	usually	usually	ADV
ajfa-10605	115	36	brings	bring	VERB
ajfa-10605	115	37	about	about	ADP
ajfa-10605	115	38	positive	positive	ADJ
ajfa-10605	115	39	impact	impact	NOUN
ajfa-10605	115	40	as	as	SCONJ
ajfa-10605	115	41	it	it	PRON
ajfa-10605	115	42	encourages	encourage	VERB
ajfa-10605	115	43	administrators	administrator	NOUN
ajfa-10605	115	44	to	to	PART
ajfa-10605	115	45	make	make	VERB
ajfa-10605	115	46	investment	investment	NOUN
ajfa-10605	115	47	.	.	PUNCT
ajfa-10605	116	1	relevant	relevant	ADJ
ajfa-10605	116	2	comments	comment	NOUN
ajfa-10605	116	3	made	make	VERB
ajfa-10605	116	4	by	by	ADP
ajfa-10605	116	5	informants	informant	NOUN
ajfa-10605	116	6	are	be	AUX
ajfa-10605	116	7	quoted	quote	VERB
ajfa-10605	116	8	as	as	SCONJ
ajfa-10605	116	9	follows	follow	VERB
ajfa-10605	116	10	:	:	PUNCT
ajfa-10605	116	11	“	"	PUNCT
ajfa-10605	116	12	though	though	SCONJ
ajfa-10605	116	13	the	the	DET
ajfa-10605	116	14	thailand	thailand	PROPN
ajfa-10605	116	15	stock	stock	NOUN
ajfa-10605	116	16	market	market	NOUN
ajfa-10605	116	17	is	be	AUX
ajfa-10605	116	18	now	now	ADV
ajfa-10605	116	19	in	in	ADP
ajfa-10605	116	20	its	its	PRON
ajfa-10605	116	21	difficult	difficult	ADJ
ajfa-10605	116	22	phase	phase	NOUN
ajfa-10605	116	23	,	,	PUNCT
ajfa-10605	116	24	i	i	PRON
ajfa-10605	116	25	believe	believe	VERB
ajfa-10605	116	26	that	that	SCONJ
ajfa-10605	116	27	it	it	PRON
ajfa-10605	116	28	will	will	AUX
ajfa-10605	116	29	get	get	VERB
ajfa-10605	116	30	back	back	ADV
ajfa-10605	116	31	on	on	ADP
ajfa-10605	116	32	track	track	NOUN
ajfa-10605	116	33	in	in	ADP
ajfa-10605	116	34	the	the	DET
ajfa-10605	116	35	next	next	ADJ
ajfa-10605	116	36	1	1	NUM
ajfa-10605	116	37	–	–	SYM
ajfa-10605	116	38	2	2	NUM
ajfa-10605	116	39	years	year	NOUN
ajfa-10605	116	40	.	.	PUNCT
ajfa-10605	117	1	that	that	PRON
ajfa-10605	117	2	is	be	AUX
ajfa-10605	117	3	the	the	DET
ajfa-10605	117	4	reason	reason	NOUN
ajfa-10605	117	5	why	why	SCONJ
ajfa-10605	117	6	i	i	PRON
ajfa-10605	117	7	am	be	AUX
ajfa-10605	117	8	not	not	PART
ajfa-10605	117	9	much	much	ADV
ajfa-10605	117	10	bothered	bother	VERB
ajfa-10605	117	11	by	by	ADP
ajfa-10605	117	12	the	the	DET
ajfa-10605	117	13	current	current	ADJ
ajfa-10605	117	14	declining	decline	VERB
ajfa-10605	117	15	stock	stock	NOUN
ajfa-10605	117	16	market	market	NOUN
ajfa-10605	117	17	”	"	PUNCT
ajfa-10605	117	18	;	;	PUNCT
ajfa-10605	117	19	“	"	PUNCT
ajfa-10605	117	20	in	in	ADP
ajfa-10605	117	21	my	my	PRON
ajfa-10605	117	22	opinion	opinion	NOUN
ajfa-10605	117	23	,	,	PUNCT
ajfa-10605	117	24	stock	stock	NOUN
ajfa-10605	117	25	market	market	NOUN
ajfa-10605	117	26	is	be	AUX
ajfa-10605	117	27	an	an	DET
ajfa-10605	117	28	attractive	attractive	ADJ
ajfa-10605	117	29	investment	investment	NOUN
ajfa-10605	117	30	field	field	NOUN
ajfa-10605	117	31	compared	compare	VERB
ajfa-10605	117	32	with	with	ADP
ajfa-10605	117	33	other	other	ADJ
ajfa-10605	117	34	markets	market	NOUN
ajfa-10605	117	35	in	in	ADP
ajfa-10605	117	36	the	the	DET
ajfa-10605	117	37	country	country	NOUN
ajfa-10605	117	38	.	.	PUNCT
ajfa-10605	118	1	therefore	therefore	ADV
ajfa-10605	118	2	,	,	PUNCT
ajfa-10605	118	3	i	i	PRON
ajfa-10605	118	4	will	will	AUX
ajfa-10605	118	5	keep	keep	VERB
ajfa-10605	118	6	investing	invest	VERB
ajfa-10605	118	7	in	in	ADP
ajfa-10605	118	8	the	the	DET
ajfa-10605	118	9	stocks	stock	NOUN
ajfa-10605	118	10	i	i	PRON
ajfa-10605	118	11	trust	trust	VERB
ajfa-10605	118	12	despite	despite	SCONJ
ajfa-10605	118	13	the	the	DET
ajfa-10605	118	14	current	current	ADJ
ajfa-10605	118	15	fluctuating	fluctuate	VERB
ajfa-10605	118	16	market	market	NOUN
ajfa-10605	118	17	”	"	PUNCT
ajfa-10605	118	18	;	;	PUNCT
ajfa-10605	118	19	“	"	PUNCT
ajfa-10605	118	20	the	the	DET
ajfa-10605	118	21	market	market	NOUN
ajfa-10605	118	22	fluctuates	fluctuate	VERB
ajfa-10605	118	23	a	a	DET
ajfa-10605	118	24	lot	lot	NOUN
ajfa-10605	118	25	after	after	SCONJ
ajfa-10605	118	26	the	the	DET
ajfa-10605	118	27	king	king	NOUN
ajfa-10605	118	28	passed	pass	VERB
ajfa-10605	118	29	away	away	ADV
ajfa-10605	118	30	.	.	PUNCT
ajfa-10605	119	1	my	my	PRON
ajfa-10605	119	2	returns	return	NOUN
ajfa-10605	119	3	are	be	AUX
ajfa-10605	119	4	not	not	PART
ajfa-10605	119	5	as	as	ADP
ajfa-10605	119	6	what	what	PRON
ajfa-10605	119	7	i	i	PRON
ajfa-10605	119	8	expected	expect	VERB
ajfa-10605	119	9	.	.	PUNCT
ajfa-10605	120	1	however	however	ADV
ajfa-10605	120	2	,	,	PUNCT
ajfa-10605	120	3	investing	invest	VERB
ajfa-10605	120	4	in	in	ADP
ajfa-10605	120	5	stock	stock	NOUN
ajfa-10605	120	6	market	market	NOUN
ajfa-10605	120	7	is	be	AUX
ajfa-10605	120	8	a	a	DET
ajfa-10605	120	9	very	very	ADV
ajfa-10605	120	10	good	good	ADJ
ajfa-10605	120	11	way	way	NOUN
ajfa-10605	120	12	to	to	PART
ajfa-10605	120	13	reserve	reserve	VERB
ajfa-10605	120	14	my	my	PRON
ajfa-10605	120	15	saving	saving	NOUN
ajfa-10605	120	16	.	.	PUNCT
ajfa-10605	121	1	i	i	PRON
ajfa-10605	121	2	plan	plan	VERB
ajfa-10605	121	3	to	to	PART
ajfa-10605	121	4	increase	increase	VERB
ajfa-10605	121	5	my	my	PRON
ajfa-10605	121	6	investment	investment	NOUN
ajfa-10605	121	7	next	next	ADJ
ajfa-10605	121	8	year	year	NOUN
ajfa-10605	121	9	”	"	PUNCT
ajfa-10605	121	10	.	.	PUNCT
ajfa-10605	122	1	individual	individual	ADJ
ajfa-10605	122	2	investor	investor	NOUN
ajfa-10605	122	3	in	in	ADP
ajfa-10605	122	4	thailand	thailand	PROPN
ajfa-10605	122	5	express	express	VERB
ajfa-10605	122	6	a	a	DET
ajfa-10605	122	7	high	high	ADJ
ajfa-10605	122	8	degree	degree	NOUN
ajfa-10605	122	9	of	of	ADP
ajfa-10605	122	10	excessive	excessive	ADJ
ajfa-10605	122	11	optimism	optimism	NOUN
ajfa-10605	122	12	.	.	PUNCT
ajfa-10605	123	1	they	they	PRON
ajfa-10605	123	2	still	still	ADV
ajfa-10605	123	3	have	have	VERB
ajfa-10605	123	4	faith	faith	NOUN
ajfa-10605	123	5	in	in	ADP
ajfa-10605	123	6	the	the	DET
ajfa-10605	123	7	productivity	productivity	NOUN
ajfa-10605	123	8	of	of	ADP
ajfa-10605	123	9	stock	stock	NOUN
ajfa-10605	123	10	market	market	NOUN
ajfa-10605	123	11	even	even	ADV
ajfa-10605	123	12	though	though	SCONJ
ajfa-10605	123	13	they	they	PRON
ajfa-10605	123	14	are	be	AUX
ajfa-10605	123	15	facing	face	VERB
ajfa-10605	123	16	with	with	ADP
ajfa-10605	123	17	political	political	ADJ
ajfa-10605	123	18	crisis	crisis	NOUN
ajfa-10605	123	19	,	,	PUNCT
ajfa-10605	123	20	taxes	taxis	NOUN
ajfa-10605	123	21	and	and	CCONJ
ajfa-10605	123	22	fees	fee	NOUN
ajfa-10605	123	23	.	.	PUNCT
ajfa-10605	124	1	excessive	excessive	ADJ
ajfa-10605	124	2	optimism	optimism	NOUN
ajfa-10605	124	3	,	,	PUNCT
ajfa-10605	124	4	at	at	ADP
ajfa-10605	124	5	the	the	DET
ajfa-10605	124	6	same	same	ADJ
ajfa-10605	124	7	time	time	NOUN
ajfa-10605	124	8	,	,	PUNCT
ajfa-10605	124	9	is	be	AUX
ajfa-10605	124	10	the	the	DET
ajfa-10605	124	11	reason	reason	NOUN
ajfa-10605	124	12	why	why	SCONJ
ajfa-10605	124	13	individuals	individual	NOUN
ajfa-10605	124	14	pay	pay	VERB
ajfa-10605	124	15	too	too	ADV
ajfa-10605	124	16	much	much	ADJ
ajfa-10605	124	17	attention	attention	NOUN
ajfa-10605	124	18	to	to	ADP
ajfa-10605	124	19	companies	company	NOUN
ajfa-10605	124	20	they	they	PRON
ajfa-10605	124	21	have	have	AUX
ajfa-10605	124	22	invested	invest	VERB
ajfa-10605	124	23	in	in	ADP
ajfa-10605	124	24	because	because	SCONJ
ajfa-10605	124	25	they	they	PRON
ajfa-10605	124	26	see	see	VERB
ajfa-10605	124	27	other	other	ADJ
ajfa-10605	124	28	companies	company	NOUN
ajfa-10605	124	29	in	in	ADP
ajfa-10605	124	30	market	market	NOUN
ajfa-10605	124	31	weaker	weak	ADJ
ajfa-10605	124	32	than	than	ADP
ajfa-10605	124	33	theirs	theirs	PRON
ajfa-10605	124	34	in	in	ADP
ajfa-10605	124	35	the	the	DET
ajfa-10605	124	36	race	race	NOUN
ajfa-10605	124	37	.	.	PUNCT
ajfa-10605	125	1	in	in	ADP
ajfa-10605	125	2	addition	addition	NOUN
ajfa-10605	125	3	,	,	PUNCT
ajfa-10605	125	4	excessive	excessive	ADJ
ajfa-10605	125	5	optimism	optimism	NOUN
ajfa-10605	125	6	can	can	AUX
ajfa-10605	125	7	make	make	VERB
ajfa-10605	125	8	individuals	individual	NOUN
ajfa-10605	125	9	dignify	dignify	VERB
ajfa-10605	125	10	reports	report	NOUN
ajfa-10605	125	11	on	on	ADP
ajfa-10605	125	12	companies	company	NOUN
ajfa-10605	125	13	’	’	PART
ajfa-10605	125	14	development	development	NOUN
ajfa-10605	125	15	potential	potential	NOUN
ajfa-10605	125	16	made	make	VERB
ajfa-10605	125	17	by	by	ADP
ajfa-10605	125	18	analysts	analyst	NOUN
ajfa-10605	125	19	or	or	CCONJ
ajfa-10605	125	20	the	the	DET
ajfa-10605	125	21	companies	company	NOUN
ajfa-10605	125	22	themselves	themselves	PRON
ajfa-10605	125	23	.	.	PUNCT
ajfa-10605	126	1	excessive	excessive	ADJ
ajfa-10605	126	2	optimism	optimism	NOUN
ajfa-10605	126	3	also	also	ADV
ajfa-10605	126	4	makes	make	VERB
ajfa-10605	126	5	individuals	individual	NOUN
ajfa-10605	126	6	become	become	VERB
ajfa-10605	126	7	less	less	ADV
ajfa-10605	126	8	aware	aware	ADJ
ajfa-10605	126	9	of	of	ADP
ajfa-10605	126	10	negative	negative	ADJ
ajfa-10605	126	11	information	information	NOUN
ajfa-10605	126	12	about	about	ADP
ajfa-10605	126	13	their	their	PRON
ajfa-10605	126	14	investment	investment	NOUN
ajfa-10605	126	15	.	.	PUNCT
ajfa-10605	127	1	4.3	4.3	NUM
ajfa-10605	127	2	psychology	psychology	NOUN
ajfa-10605	127	3	of	of	ADP
ajfa-10605	127	4	risk	risk	NOUN
ajfa-10605	127	5	in	in	ADP
ajfa-10605	127	6	the	the	DET
ajfa-10605	127	7	field	field	NOUN
ajfa-10605	127	8	of	of	ADP
ajfa-10605	127	9	finance	finance	NOUN
ajfa-10605	127	10	,	,	PUNCT
ajfa-10605	127	11	loss	loss	NOUN
ajfa-10605	127	12	aversion	aversion	NOUN
ajfa-10605	127	13	refers	refer	VERB
ajfa-10605	127	14	to	to	ADP
ajfa-10605	127	15	the	the	DET
ajfa-10605	127	16	difference	difference	NOUN
ajfa-10605	127	17	level	level	NOUN
ajfa-10605	127	18	of	of	ADP
ajfa-10605	127	19	mental	mental	ADJ
ajfa-10605	127	20	penalty	penalty	NOUN
ajfa-10605	127	21	people	people	NOUN
ajfa-10605	127	22	have	have	VERB
ajfa-10605	127	23	from	from	ADP
ajfa-10605	127	24	a	a	DET
ajfa-10605	127	25	similar	similar	ADJ
ajfa-10605	127	26	size	size	NOUN
ajfa-10605	127	27	loss	loss	NOUN
ajfa-10605	127	28	or	or	CCONJ
ajfa-10605	127	29	gain	gain	NOUN
ajfa-10605	127	30	while	while	SCONJ
ajfa-10605	127	31	risk	risk	NOUN
ajfa-10605	127	32	is	be	AUX
ajfa-10605	127	33	an	an	DET
ajfa-10605	127	34	unexpected	unexpected	ADJ
ajfa-10605	127	35	outcome	outcome	NOUN
ajfa-10605	127	36	and	and	CCONJ
ajfa-10605	127	37	risk	risk	NOUN
ajfa-10605	127	38	is	be	AUX
ajfa-10605	127	39	linked	link	VERB
ajfa-10605	127	40	to	to	ADP
ajfa-10605	127	41	uncertainty	uncertainty	NOUN
ajfa-10605	127	42	.	.	PUNCT
ajfa-10605	128	1	the	the	DET
ajfa-10605	128	2	study	study	NOUN
ajfa-10605	128	3	of	of	ADP
ajfa-10605	128	4	tversky	tversky	NOUN
ajfa-10605	128	5	and	and	CCONJ
ajfa-10605	128	6	kahneman	kahneman	NOUN
ajfa-10605	128	7	(	(	PUNCT
ajfa-10605	128	8	1975	1975	NUM
ajfa-10605	128	9	)	)	PUNCT
ajfa-10605	128	10	suggested	suggest	VERB
ajfa-10605	128	11	that	that	SCONJ
ajfa-10605	128	12	people	people	NOUN
ajfa-10605	128	13	tend	tend	VERB
ajfa-10605	128	14	to	to	PART
ajfa-10605	128	15	be	be	AUX
ajfa-10605	128	16	risk	risk	NOUN
ajfa-10605	128	17	averse	averse	ADJ
ajfa-10605	128	18	in	in	ADP
ajfa-10605	128	19	the	the	DET
ajfa-10605	128	20	gain	gain	NOUN
ajfa-10605	128	21	zone	zone	NOUN
ajfa-10605	128	22	or	or	CCONJ
ajfa-10605	128	23	when	when	SCONJ
ajfa-10605	128	24	things	thing	NOUN
ajfa-10605	128	25	go	go	VERB
ajfa-10605	128	26	well	well	ADV
ajfa-10605	128	27	and	and	CCONJ
ajfa-10605	128	28	turn	turn	VERB
ajfa-10605	128	29	to	to	PART
ajfa-10605	128	30	be	be	AUX
ajfa-10605	128	31	risk	risk	NOUN
ajfa-10605	128	32	seeking	seek	VERB
ajfa-10605	128	33	when	when	SCONJ
ajfa-10605	128	34	facing	face	VERB
ajfa-10605	128	35	losses	loss	NOUN
ajfa-10605	128	36	.	.	PUNCT
ajfa-10605	129	1	in	in	ADP
ajfa-10605	129	2	the	the	DET
ajfa-10605	129	3	interview	interview	NOUN
ajfa-10605	129	4	,	,	PUNCT
ajfa-10605	129	5	2	2	NUM
ajfa-10605	129	6	out	out	ADP
ajfa-10605	129	7	of	of	ADP
ajfa-10605	129	8	8	8	NUM
ajfa-10605	129	9	informants	informant	NOUN
ajfa-10605	129	10	refer	refer	VERB
ajfa-10605	129	11	to	to	ADP
ajfa-10605	129	12	the	the	DET
ajfa-10605	129	13	times	time	NOUN
ajfa-10605	129	14	of	of	ADP
ajfa-10605	129	15	strong	strong	ADJ
ajfa-10605	129	16	fluctuation	fluctuation	NOUN
ajfa-10605	129	17	in	in	ADP
ajfa-10605	129	18	the	the	DET
ajfa-10605	129	19	stock	stock	NOUN
ajfa-10605	129	20	as	as	ADP
ajfa-10605	129	21	their	their	PRON
ajfa-10605	129	22	chances	chance	NOUN
ajfa-10605	129	23	to	to	PART
ajfa-10605	129	24	gain	gain	VERB
ajfa-10605	129	25	profits	profit	NOUN
ajfa-10605	129	26	.	.	PUNCT
ajfa-10605	130	1	it	it	PRON
ajfa-10605	130	2	illustrates	illustrate	VERB
ajfa-10605	130	3	the	the	DET
ajfa-10605	130	4	attitude	attitude	NOUN
ajfa-10605	130	5	of	of	ADP
ajfa-10605	130	6	finding	find	VERB
ajfa-10605	130	7	profits	profit	NOUN
ajfa-10605	130	8	in	in	ADP
ajfa-10605	130	9	risk	risk	NOUN
ajfa-10605	130	10	.	.	PUNCT
ajfa-10605	131	1	when	when	SCONJ
ajfa-10605	131	2	stock	stock	NOUN
ajfa-10605	131	3	price	price	NOUN
ajfa-10605	131	4	on	on	ADP
ajfa-10605	131	5	the	the	DET
ajfa-10605	131	6	declining	decline	VERB
ajfa-10605	131	7	trends	trend	NOUN
ajfa-10605	131	8	,	,	PUNCT
ajfa-10605	131	9	6	6	NUM
ajfa-10605	131	10	informants	informant	NOUN
ajfa-10605	131	11	state	state	VERB
ajfa-10605	131	12	that	that	SCONJ
ajfa-10605	131	13	they	they	PRON
ajfa-10605	131	14	tend	tend	VERB
ajfa-10605	131	15	to	to	PART
ajfa-10605	131	16	hold	hold	VERB
ajfa-10605	131	17	the	the	DET
ajfa-10605	131	18	stocks	stock	NOUN
ajfa-10605	131	19	longer	long	ADV
ajfa-10605	131	20	till	till	SCONJ
ajfa-10605	131	21	their	their	PRON
ajfa-10605	131	22	price	price	NOUN
ajfa-10605	131	23	goes	go	VERB
ajfa-10605	131	24	up	up	ADV
ajfa-10605	131	25	or	or	CCONJ
ajfa-10605	131	26	until	until	SCONJ
ajfa-10605	131	27	they	they	PRON
ajfa-10605	131	28	have	have	VERB
ajfa-10605	131	29	information	information	NOUN
ajfa-10605	131	30	that	that	SCONJ
ajfa-10605	131	31	stock	stock	NOUN
ajfa-10605	131	32	price	price	NOUN
ajfa-10605	131	33	will	will	AUX
ajfa-10605	131	34	stay	stay	VERB
ajfa-10605	131	35	low	low	ADJ
ajfa-10605	131	36	for	for	ADP
ajfa-10605	131	37	a	a	DET
ajfa-10605	131	38	longer	long	ADJ
ajfa-10605	131	39	period	period	NOUN
ajfa-10605	131	40	.	.	PUNCT
ajfa-10605	132	1	they	they	PRON
ajfa-10605	132	2	also	also	ADV
ajfa-10605	132	3	express	express	VERB
ajfa-10605	132	4	the	the	DET
ajfa-10605	132	5	intention	intention	NOUN
ajfa-10605	132	6	to	to	PART
ajfa-10605	132	7	buy	buy	VERB
ajfa-10605	132	8	more	more	ADJ
ajfa-10605	132	9	of	of	ADP
ajfa-10605	132	10	the	the	DET
ajfa-10605	132	11	same	same	ADJ
ajfa-10605	132	12	stock	stock	NOUN
ajfa-10605	132	13	while	while	SCONJ
ajfa-10605	132	14	it	it	PRON
ajfa-10605	132	15	prices	price	NOUN
ajfa-10605	132	16	decline	decline	VERB
ajfa-10605	132	17	.	.	PUNCT
ajfa-10605	133	1	4	4	NUM
ajfa-10605	133	2	informants	informant	NOUN
ajfa-10605	133	3	invest	invest	VERB
ajfa-10605	133	4	in	in	ADP
ajfa-10605	133	5	companies	company	NOUN
ajfa-10605	133	6	that	that	SCONJ
ajfa-10605	133	7	they	they	PRON
ajfa-10605	133	8	are	be	AUX
ajfa-10605	133	9	familiar	familiar	ADJ
ajfa-10605	133	10	with	with	ADP
ajfa-10605	133	11	or	or	CCONJ
ajfa-10605	133	12	have	have	VERB
ajfa-10605	133	13	much	much	ADJ
ajfa-10605	133	14	information	information	NOUN
ajfa-10605	133	15	about	about	ADP
ajfa-10605	133	16	.	.	PUNCT
ajfa-10605	134	1	this	this	DET
ajfa-10605	134	2	statement	statement	NOUN
ajfa-10605	134	3	reveals	reveal	VERB
ajfa-10605	134	4	their	their	PRON
ajfa-10605	134	5	cautiousness	cautiousness	NOUN
ajfa-10605	134	6	and	and	CCONJ
ajfa-10605	134	7	fear	fear	NOUN
ajfa-10605	134	8	of	of	ADP
ajfa-10605	134	9	risk	risk	NOUN
ajfa-10605	134	10	or	or	CCONJ
ajfa-10605	134	11	preference	preference	NOUN
ajfa-10605	134	12	of	of	ADP
ajfa-10605	134	13	familiarity	familiarity	NOUN
ajfa-10605	134	14	.	.	PUNCT
ajfa-10605	135	1	4	4	NUM
ajfa-10605	135	2	individuals	individual	NOUN
ajfa-10605	135	3	invest	invest	VERB
ajfa-10605	135	4	in	in	ADP
ajfa-10605	135	5	companies	company	NOUN
ajfa-10605	135	6	paying	pay	VERB
ajfa-10605	135	7	steady	steady	ADJ
ajfa-10605	135	8	dividend	dividend	NOUN
ajfa-10605	135	9	.	.	PUNCT
ajfa-10605	136	1	their	their	PRON
ajfa-10605	136	2	common	common	ADJ
ajfa-10605	136	3	choices	choice	NOUN
ajfa-10605	136	4	are	be	AUX
ajfa-10605	136	5	stocks	stock	NOUN
ajfa-10605	136	6	of	of	ADP
ajfa-10605	136	7	powerful	powerful	ADJ
ajfa-10605	136	8	companies	company	NOUN
ajfa-10605	136	9	in	in	ADP
ajfa-10605	136	10	thailand	thailand	PROPN
ajfa-10605	136	11	such	such	ADJ
ajfa-10605	136	12	as	as	ADP
ajfa-10605	136	13	cp	cp	PROPN
ajfa-10605	136	14	all	all	PRON
ajfa-10605	136	15	,	,	PUNCT
ajfa-10605	136	16	ptt	ptt	NOUN
ajfa-10605	136	17	,	,	PUNCT
ajfa-10605	136	18	true	true	ADJ
ajfa-10605	136	19	or	or	CCONJ
ajfa-10605	136	20	ais	ais	PROPN
ajfa-10605	136	21	(	(	PUNCT
ajfa-10605	136	22	bluechip	bluechip	NOUN
ajfa-10605	136	23	stocks	stock	NOUN
ajfa-10605	136	24	)	)	PUNCT
ajfa-10605	136	25	.	.	PUNCT
ajfa-10605	137	1	relevant	relevant	ADJ
ajfa-10605	137	2	comments	comment	NOUN
ajfa-10605	137	3	made	make	VERB
ajfa-10605	137	4	by	by	ADP
ajfa-10605	137	5	informants	informant	NOUN
ajfa-10605	137	6	are	be	AUX
ajfa-10605	137	7	quoted	quote	VERB
ajfa-10605	137	8	as	as	SCONJ
ajfa-10605	137	9	follows	follow	VERB
ajfa-10605	137	10	:	:	PUNCT
ajfa-10605	137	11	“	"	PUNCT
ajfa-10605	137	12	the	the	DET
ajfa-10605	137	13	current	current	ADJ
ajfa-10605	137	14	fluctuation	fluctuation	NOUN
ajfa-10605	137	15	in	in	ADP
ajfa-10605	137	16	the	the	DET
ajfa-10605	137	17	stock	stock	NOUN
ajfa-10605	137	18	market	market	NOUN
ajfa-10605	137	19	is	be	AUX
ajfa-10605	137	20	the	the	DET
ajfa-10605	137	21	chance	chance	NOUN
ajfa-10605	137	22	to	to	PART
ajfa-10605	137	23	make	make	VERB
ajfa-10605	137	24	profit	profit	NOUN
ajfa-10605	137	25	.	.	PUNCT
ajfa-10605	138	1	i	i	PRON
ajfa-10605	138	2	track	track	VERB
ajfa-10605	138	3	my	my	PRON
ajfa-10605	138	4	stock	stock	NOUN
ajfa-10605	138	5	more	more	ADV
ajfa-10605	138	6	frequently	frequently	ADV
ajfa-10605	138	7	when	when	SCONJ
ajfa-10605	138	8	the	the	DET
ajfa-10605	138	9	market	market	NOUN
ajfa-10605	138	10	declines	decline	VERB
ajfa-10605	138	11	.	.	PUNCT
ajfa-10605	139	1	i	i	PRON
ajfa-10605	139	2	estimate	estimate	VERB
ajfa-10605	139	3	the	the	DET
ajfa-10605	139	4	time	time	NOUN
ajfa-10605	139	5	when	when	SCONJ
ajfa-10605	139	6	my	my	PRON
ajfa-10605	139	7	stock	stock	NOUN
ajfa-10605	139	8	will	will	AUX
ajfa-10605	139	9	bound	bind	VERB
ajfa-10605	139	10	back	back	ADP
ajfa-10605	139	11	based	base	VERB
ajfa-10605	139	12	on	on	ADP
ajfa-10605	139	13	my	my	PRON
ajfa-10605	139	14	knowledge	knowledge	NOUN
ajfa-10605	139	15	and	and	CCONJ
ajfa-10605	139	16	experiences	experience	NOUN
ajfa-10605	139	17	.	.	PUNCT
ajfa-10605	140	1	sometime	sometime	ADV
ajfa-10605	140	2	i	i	PRON
ajfa-10605	140	3	buy	buy	VERB
ajfa-10605	140	4	more	more	ADJ
ajfa-10605	140	5	declining	decline	VERB
ajfa-10605	140	6	stocks	stock	NOUN
ajfa-10605	140	7	if	if	SCONJ
ajfa-10605	140	8	i	i	PRON
ajfa-10605	140	9	see	see	VERB
ajfa-10605	140	10	the	the	DET
ajfa-10605	140	11	chance	chance	NOUN
ajfa-10605	140	12	of	of	ADP
ajfa-10605	140	13	profit	profit	NOUN
ajfa-10605	140	14	”	"	PUNCT
ajfa-10605	140	15	;	;	PUNCT
ajfa-10605	140	16	asian	asian	ADJ
ajfa-10605	140	17	journal	journal	NOUN
ajfa-10605	140	18	of	of	ADP
ajfa-10605	140	19	finance	finance	PROPN
ajfa-10605	140	20	&	&	CCONJ
ajfa-10605	140	21	accounting	accounting	PROPN
ajfa-10605	140	22	issn	issn	PROPN
ajfa-10605	140	23	1946	1946	NUM
ajfa-10605	140	24	-	-	PUNCT
ajfa-10605	140	25	052x	052x	PROPN
ajfa-10605	140	26	2017	2017	NUM
ajfa-10605	140	27	,	,	PUNCT
ajfa-10605	140	28	vol	vol	NOUN
ajfa-10605	140	29	.	.	NOUN
ajfa-10605	140	30	9	9	NUM
ajfa-10605	140	31	,	,	PUNCT
ajfa-10605	140	32	no	no	INTJ
ajfa-10605	140	33	.	.	NOUN
ajfa-10605	140	34	1	1	NUM
ajfa-10605	140	35	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-10605	140	36	162	162	NUM
ajfa-10605	140	37	“	"	PUNCT
ajfa-10605	140	38	i	i	PRON
ajfa-10605	140	39	invest	invest	VERB
ajfa-10605	140	40	in	in	ADP
ajfa-10605	140	41	companies	company	NOUN
ajfa-10605	140	42	with	with	ADP
ajfa-10605	140	43	high	high	ADJ
ajfa-10605	140	44	prestige	prestige	NOUN
ajfa-10605	140	45	in	in	ADP
ajfa-10605	140	46	the	the	DET
ajfa-10605	140	47	market	market	NOUN
ajfa-10605	140	48	such	such	ADJ
ajfa-10605	140	49	as	as	ADP
ajfa-10605	140	50	the	the	DET
ajfa-10605	140	51	ones	one	NOUN
ajfa-10605	140	52	in	in	ADP
ajfa-10605	140	53	natural	natural	ADJ
ajfa-10605	140	54	resources	resource	NOUN
ajfa-10605	140	55	exploitation	exploitation	NOUN
ajfa-10605	140	56	,	,	PUNCT
ajfa-10605	140	57	electricity	electricity	NOUN
ajfa-10605	140	58	or	or	CCONJ
ajfa-10605	140	59	telecommunication	telecommunication	NOUN
ajfa-10605	140	60	since	since	SCONJ
ajfa-10605	140	61	they	they	PRON
ajfa-10605	140	62	very	very	ADV
ajfa-10605	140	63	often	often	ADV
ajfa-10605	140	64	have	have	VERB
ajfa-10605	140	65	a	a	DET
ajfa-10605	140	66	stable	stable	ADJ
ajfa-10605	140	67	business	business	NOUN
ajfa-10605	140	68	”	"	PUNCT
ajfa-10605	140	69	;	;	PUNCT
ajfa-10605	140	70	“	"	PUNCT
ajfa-10605	140	71	even	even	ADV
ajfa-10605	140	72	when	when	SCONJ
ajfa-10605	140	73	stock	stock	NOUN
ajfa-10605	140	74	price	price	NOUN
ajfa-10605	140	75	goes	go	VERB
ajfa-10605	140	76	down	down	ADV
ajfa-10605	140	77	,	,	PUNCT
ajfa-10605	140	78	i	i	PRON
ajfa-10605	140	79	do	do	AUX
ajfa-10605	140	80	not	not	PART
ajfa-10605	140	81	hasten	hasten	VERB
ajfa-10605	140	82	to	to	PART
ajfa-10605	140	83	sell	sell	VERB
ajfa-10605	140	84	my	my	PRON
ajfa-10605	140	85	stock	stock	NOUN
ajfa-10605	140	86	immediately	immediately	ADV
ajfa-10605	140	87	as	as	SCONJ
ajfa-10605	140	88	the	the	DET
ajfa-10605	140	89	price	price	NOUN
ajfa-10605	140	90	fluctuation	fluctuation	NOUN
ajfa-10605	140	91	is	be	AUX
ajfa-10605	140	92	just	just	ADV
ajfa-10605	140	93	temporary	temporary	ADJ
ajfa-10605	140	94	based	base	VERB
ajfa-10605	140	95	on	on	ADP
ajfa-10605	140	96	my	my	PRON
ajfa-10605	140	97	experience	experience	NOUN
ajfa-10605	140	98	”	"	PUNCT
ajfa-10605	140	99	;	;	PUNCT
ajfa-10605	140	100	“	"	PUNCT
ajfa-10605	140	101	i	i	PRON
ajfa-10605	140	102	do	do	AUX
ajfa-10605	140	103	not	not	PART
ajfa-10605	140	104	want	want	VERB
ajfa-10605	140	105	to	to	PART
ajfa-10605	140	106	sell	sell	VERB
ajfa-10605	140	107	my	my	PRON
ajfa-10605	140	108	stock	stock	NOUN
ajfa-10605	140	109	at	at	ADP
ajfa-10605	140	110	loss	loss	NOUN
ajfa-10605	140	111	but	but	CCONJ
ajfa-10605	140	112	keep	keep	VERB
ajfa-10605	140	113	it	it	PRON
ajfa-10605	140	114	for	for	ADP
ajfa-10605	140	115	a	a	DET
ajfa-10605	140	116	while	while	NOUN
ajfa-10605	140	117	for	for	ADP
ajfa-10605	140	118	better	well	ADJ
ajfa-10605	140	119	future	future	ADJ
ajfa-10605	140	120	chance	chance	NOUN
ajfa-10605	140	121	”	"	PUNCT
ajfa-10605	140	122	;	;	PUNCT
ajfa-10605	140	123	“	"	PUNCT
ajfa-10605	140	124	when	when	SCONJ
ajfa-10605	140	125	joining	join	VERB
ajfa-10605	140	126	the	the	DET
ajfa-10605	140	127	stock	stock	NOUN
ajfa-10605	140	128	market	market	NOUN
ajfa-10605	140	129	,	,	PUNCT
ajfa-10605	140	130	i	i	PRON
ajfa-10605	140	131	am	be	AUX
ajfa-10605	140	132	aware	aware	ADJ
ajfa-10605	140	133	that	that	SCONJ
ajfa-10605	140	134	it	it	PRON
ajfa-10605	140	135	is	be	AUX
ajfa-10605	140	136	a	a	DET
ajfa-10605	140	137	risky	risky	ADJ
ajfa-10605	140	138	market	market	NOUN
ajfa-10605	141	1	but	but	CCONJ
ajfa-10605	141	2	i	i	PRON
ajfa-10605	141	3	still	still	ADV
ajfa-10605	141	4	want	want	VERB
ajfa-10605	141	5	to	to	PART
ajfa-10605	141	6	try	try	VERB
ajfa-10605	141	7	because	because	SCONJ
ajfa-10605	141	8	“	"	PUNCT
ajfa-10605	141	9	high	high	ADJ
ajfa-10605	141	10	risk	risk	NOUN
ajfa-10605	141	11	goes	go	VERB
ajfa-10605	141	12	with	with	ADP
ajfa-10605	141	13	big	big	ADJ
ajfa-10605	141	14	profit	profit	NOUN
ajfa-10605	141	15	”	"	PUNCT
ajfa-10605	141	16	;	;	PUNCT
ajfa-10605	141	17	olsen	olsen	NOUN
ajfa-10605	141	18	(	(	PUNCT
ajfa-10605	141	19	2007	2007	NUM
ajfa-10605	141	20	)	)	PUNCT
ajfa-10605	141	21	states	state	VERB
ajfa-10605	141	22	that	that	SCONJ
ajfa-10605	141	23	risk	risk	NOUN
ajfa-10605	141	24	is	be	AUX
ajfa-10605	141	25	perceived	perceive	VERB
ajfa-10605	141	26	from	from	ADP
ajfa-10605	141	27	both	both	DET
ajfa-10605	141	28	emotion	emotion	NOUN
ajfa-10605	141	29	and	and	CCONJ
ajfa-10605	141	30	cognition	cognition	NOUN
ajfa-10605	141	31	and	and	CCONJ
ajfa-10605	141	32	the	the	DET
ajfa-10605	141	33	two	two	NUM
ajfa-10605	141	34	main	main	ADJ
ajfa-10605	141	35	psychological	psychological	ADJ
ajfa-10605	141	36	moods	mood	NOUN
ajfa-10605	141	37	which	which	PRON
ajfa-10605	141	38	are	be	AUX
ajfa-10605	141	39	risk	risk	NOUN
ajfa-10605	141	40	aversion	aversion	NOUN
ajfa-10605	141	41	and	and	CCONJ
ajfa-10605	141	42	risk	risk	NOUN
ajfa-10605	141	43	seeking	seeking	NOUN
ajfa-10605	141	44	can	can	AUX
ajfa-10605	141	45	exist	exist	VERB
ajfa-10605	141	46	in	in	ADP
ajfa-10605	141	47	individuals	individual	NOUN
ajfa-10605	141	48	under	under	ADP
ajfa-10605	141	49	different	different	ADJ
ajfa-10605	141	50	conditions	condition	NOUN
ajfa-10605	141	51	and	and	CCONJ
ajfa-10605	141	52	contexts	contexts	NOUN
ajfa-10605	141	53	.	.	PUNCT
ajfa-10605	142	1	therefore	therefore	ADV
ajfa-10605	142	2	,	,	PUNCT
ajfa-10605	142	3	comments	comment	NOUN
ajfa-10605	142	4	made	make	VERB
ajfa-10605	142	5	by	by	ADP
ajfa-10605	142	6	the	the	DET
ajfa-10605	142	7	investors	investor	NOUN
ajfa-10605	142	8	show	show	VERB
ajfa-10605	142	9	that	that	SCONJ
ajfa-10605	142	10	although	although	SCONJ
ajfa-10605	142	11	they	they	PRON
ajfa-10605	142	12	are	be	AUX
ajfa-10605	142	13	risk	risk	NOUN
ajfa-10605	142	14	-	-	PUNCT
ajfa-10605	142	15	adverse	adverse	ADJ
ajfa-10605	142	16	but	but	CCONJ
ajfa-10605	142	17	when	when	SCONJ
ajfa-10605	142	18	the	the	DET
ajfa-10605	142	19	losses	loss	NOUN
ajfa-10605	142	20	increase	increase	VERB
ajfa-10605	142	21	,	,	PUNCT
ajfa-10605	142	22	they	they	PRON
ajfa-10605	142	23	tend	tend	VERB
ajfa-10605	142	24	to	to	PART
ajfa-10605	142	25	assume	assume	VERB
ajfa-10605	142	26	more	more	ADJ
ajfa-10605	142	27	risks	risk	NOUN
ajfa-10605	142	28	for	for	ADP
ajfa-10605	142	29	making	make	VERB
ajfa-10605	142	30	up	up	ADP
ajfa-10605	142	31	the	the	DET
ajfa-10605	142	32	losses	loss	NOUN
ajfa-10605	142	33	while	while	SCONJ
ajfa-10605	142	34	they	they	PRON
ajfa-10605	142	35	still	still	ADV
ajfa-10605	142	36	perceive	perceive	VERB
ajfa-10605	142	37	themselves	themselves	PRON
ajfa-10605	142	38	as	as	ADP
ajfa-10605	142	39	risk	risk	NOUN
ajfa-10605	142	40	-	-	PUNCT
ajfa-10605	142	41	averse	averse	ADJ
ajfa-10605	142	42	investors	investor	NOUN
ajfa-10605	142	43	.	.	PUNCT
ajfa-10605	143	1	4.4	4.4	NUM
ajfa-10605	143	2	herding	herd	VERB
ajfa-10605	143	3	behavior	behavior	NOUN
ajfa-10605	143	4	herding	herding	NOUN
ajfa-10605	143	5	effect	effect	NOUN
ajfa-10605	143	6	in	in	ADP
ajfa-10605	143	7	financial	financial	ADJ
ajfa-10605	143	8	market	market	NOUN
ajfa-10605	143	9	is	be	AUX
ajfa-10605	143	10	identified	identify	VERB
ajfa-10605	143	11	as	as	ADP
ajfa-10605	143	12	tendency	tendency	NOUN
ajfa-10605	143	13	of	of	ADP
ajfa-10605	143	14	investors	investor	NOUN
ajfa-10605	143	15	’	’	PART
ajfa-10605	143	16	behaviors	behavior	NOUN
ajfa-10605	143	17	to	to	PART
ajfa-10605	143	18	follow	follow	VERB
ajfa-10605	143	19	the	the	DET
ajfa-10605	143	20	others	other	NOUN
ajfa-10605	143	21	’	’	PART
ajfa-10605	143	22	actions	action	NOUN
ajfa-10605	143	23	.	.	PUNCT
ajfa-10605	144	1	the	the	DET
ajfa-10605	144	2	investors	investor	NOUN
ajfa-10605	144	3	’	’	PART
ajfa-10605	144	4	reliance	reliance	NOUN
ajfa-10605	144	5	on	on	ADP
ajfa-10605	144	6	crowding	crowd	VERB
ajfa-10605	144	7	information	information	NOUN
ajfa-10605	144	8	rather	rather	ADV
ajfa-10605	144	9	than	than	ADP
ajfa-10605	144	10	their	their	PRON
ajfa-10605	144	11	own	own	ADJ
ajfa-10605	144	12	private	private	ADJ
ajfa-10605	144	13	information	information	NOUN
ajfa-10605	144	14	can	can	AUX
ajfa-10605	144	15	result	result	VERB
ajfa-10605	144	16	the	the	DET
ajfa-10605	144	17	price	price	NOUN
ajfa-10605	144	18	deviation	deviation	NOUN
ajfa-10605	144	19	of	of	ADP
ajfa-10605	144	20	the	the	DET
ajfa-10605	144	21	securities	security	NOUN
ajfa-10605	144	22	from	from	ADP
ajfa-10605	144	23	fundamental	fundamental	ADJ
ajfa-10605	144	24	value	value	NOUN
ajfa-10605	144	25	and	and	CCONJ
ajfa-10605	144	26	may	may	AUX
ajfa-10605	144	27	trigger	trigger	VERB
ajfa-10605	144	28	a	a	DET
ajfa-10605	144	29	chain	chain	NOUN
ajfa-10605	144	30	of	of	ADP
ajfa-10605	144	31	irrational	irrational	ADJ
ajfa-10605	144	32	buy	buy	NOUN
ajfa-10605	144	33	-	-	PUNCT
ajfa-10605	144	34	out	out	NOUN
ajfa-10605	144	35	or	or	CCONJ
ajfa-10605	144	36	sell	sell	NOUN
ajfa-10605	144	37	-	-	PUNCT
ajfa-10605	144	38	off	off	NOUN
ajfa-10605	144	39	.	.	PUNCT
ajfa-10605	145	1	herding	herd	VERB
ajfa-10605	145	2	impacts	impact	NOUN
ajfa-10605	145	3	on	on	ADP
ajfa-10605	145	4	stock	stock	NOUN
ajfa-10605	145	5	price	price	NOUN
ajfa-10605	145	6	changes	change	NOUN
ajfa-10605	145	7	can	can	AUX
ajfa-10605	145	8	influence	influence	VERB
ajfa-10605	145	9	the	the	DET
ajfa-10605	145	10	parameters	parameter	NOUN
ajfa-10605	145	11	of	of	ADP
ajfa-10605	145	12	risk	risk	NOUN
ajfa-10605	145	13	and	and	CCONJ
ajfa-10605	145	14	return	return	NOUN
ajfa-10605	145	15	models	model	NOUN
ajfa-10605	145	16	in	in	ADP
ajfa-10605	145	17	asset	asset	NOUN
ajfa-10605	145	18	pricing	pricing	NOUN
ajfa-10605	145	19	implementation	implementation	NOUN
ajfa-10605	145	20	of	of	ADP
ajfa-10605	145	21	institutional	institutional	ADJ
ajfa-10605	145	22	investors	investor	NOUN
ajfa-10605	145	23	.	.	PUNCT
ajfa-10605	146	1	bikhchandani	bikhchandani	PROPN
ajfa-10605	146	2	and	and	CCONJ
ajfa-10605	146	3	sharma	sharma	PROPN
ajfa-10605	146	4	(	(	PUNCT
ajfa-10605	146	5	2000	2000	NUM
ajfa-10605	146	6	)	)	PUNCT
ajfa-10605	146	7	give	give	VERB
ajfa-10605	146	8	many	many	ADJ
ajfa-10605	146	9	examples	example	NOUN
ajfa-10605	146	10	and	and	CCONJ
ajfa-10605	146	11	cases	case	NOUN
ajfa-10605	146	12	that	that	PRON
ajfa-10605	146	13	investors	investor	NOUN
ajfa-10605	146	14	usually	usually	ADV
ajfa-10605	146	15	imitate	imitate	VERB
ajfa-10605	146	16	the	the	DET
ajfa-10605	146	17	others	other	NOUN
ajfa-10605	146	18	or	or	CCONJ
ajfa-10605	146	19	the	the	DET
ajfa-10605	146	20	market	market	NOUN
ajfa-10605	146	21	movement	movement	NOUN
ajfa-10605	146	22	in	in	ADP
ajfa-10605	146	23	stead	stead	NOUN
ajfa-10605	146	24	of	of	ADP
ajfa-10605	146	25	following	follow	VERB
ajfa-10605	146	26	his	his	PRON
ajfa-10605	146	27	/	/	SYM
ajfa-10605	146	28	her	her	PRON
ajfa-10605	146	29	source	source	NOUN
ajfa-10605	146	30	of	of	ADP
ajfa-10605	146	31	information	information	NOUN
ajfa-10605	146	32	and	and	CCONJ
ajfa-10605	146	33	strategy	strategy	NOUN
ajfa-10605	146	34	.	.	PUNCT
ajfa-10605	147	1	investors	investor	NOUN
ajfa-10605	147	2	do	do	AUX
ajfa-10605	147	3	not	not	PART
ajfa-10605	147	4	always	always	ADV
ajfa-10605	147	5	make	make	VERB
ajfa-10605	147	6	lucid	lucid	ADJ
ajfa-10605	147	7	and	and	CCONJ
ajfa-10605	147	8	reasonable	reasonable	ADJ
ajfa-10605	147	9	decisions	decision	NOUN
ajfa-10605	147	10	as	as	SCONJ
ajfa-10605	147	11	expected	expect	VERB
ajfa-10605	147	12	.	.	PUNCT
ajfa-10605	148	1	their	their	PRON
ajfa-10605	148	2	behaviors	behavior	NOUN
ajfa-10605	148	3	,	,	PUNCT
ajfa-10605	148	4	in	in	ADP
ajfa-10605	148	5	stead	stead	NOUN
ajfa-10605	148	6	,	,	PUNCT
ajfa-10605	148	7	are	be	AUX
ajfa-10605	148	8	also	also	ADV
ajfa-10605	148	9	led	lead	VERB
ajfa-10605	148	10	by	by	ADP
ajfa-10605	148	11	emotions	emotion	NOUN
ajfa-10605	148	12	as	as	ADV
ajfa-10605	148	13	well	well	ADV
ajfa-10605	148	14	as	as	ADP
ajfa-10605	148	15	psychological	psychological	ADJ
ajfa-10605	148	16	mood	mood	NOUN
ajfa-10605	148	17	of	of	ADP
ajfa-10605	148	18	other	other	ADJ
ajfa-10605	148	19	investors	investor	NOUN
ajfa-10605	148	20	.	.	PUNCT
ajfa-10605	149	1	results	result	NOUN
ajfa-10605	149	2	from	from	ADP
ajfa-10605	149	3	the	the	DET
ajfa-10605	149	4	interviews	interview	NOUN
ajfa-10605	149	5	so	so	SCONJ
ajfa-10605	149	6	that	that	SCONJ
ajfa-10605	149	7	6	6	NUM
ajfa-10605	149	8	out	out	ADP
ajfa-10605	149	9	of	of	ADP
ajfa-10605	149	10	8	8	NUM
ajfa-10605	149	11	investors	investor	NOUN
ajfa-10605	149	12	claim	claim	VERB
ajfa-10605	149	13	that	that	SCONJ
ajfa-10605	149	14	they	they	PRON
ajfa-10605	149	15	usually	usually	ADV
ajfa-10605	149	16	refer	refer	VERB
ajfa-10605	149	17	to	to	ADP
ajfa-10605	149	18	others	other	NOUN
ajfa-10605	149	19	’	’	PART
ajfa-10605	149	20	opinion	opinion	NOUN
ajfa-10605	149	21	before	before	ADP
ajfa-10605	149	22	making	make	VERB
ajfa-10605	149	23	any	any	DET
ajfa-10605	149	24	investment	investment	NOUN
ajfa-10605	149	25	decisions	decision	NOUN
ajfa-10605	149	26	.	.	PUNCT
ajfa-10605	150	1	all	all	DET
ajfa-10605	150	2	the	the	DET
ajfa-10605	150	3	informants	informant	NOUN
ajfa-10605	150	4	say	say	VERB
ajfa-10605	150	5	that	that	SCONJ
ajfa-10605	150	6	they	they	PRON
ajfa-10605	150	7	would	would	AUX
ajfa-10605	150	8	consider	consider	VERB
ajfa-10605	150	9	referring	refer	VERB
ajfa-10605	150	10	to	to	ADP
ajfa-10605	150	11	movements	movement	NOUN
ajfa-10605	150	12	on	on	ADP
ajfa-10605	150	13	the	the	DET
ajfa-10605	150	14	digital	digital	PROPN
ajfa-10605	150	15	stock	stock	PROPN
ajfa-10605	150	16	board	board	NOUN
ajfa-10605	150	17	to	to	PART
ajfa-10605	150	18	make	make	VERB
ajfa-10605	150	19	their	their	PRON
ajfa-10605	150	20	own	own	ADJ
ajfa-10605	150	21	investment	investment	NOUN
ajfa-10605	150	22	decision	decision	NOUN
ajfa-10605	150	23	.	.	PUNCT
ajfa-10605	151	1	this	this	PRON
ajfa-10605	151	2	shows	show	VERB
ajfa-10605	151	3	a	a	DET
ajfa-10605	151	4	tendency	tendency	NOUN
ajfa-10605	151	5	among	among	ADP
ajfa-10605	151	6	individuals	individual	NOUN
ajfa-10605	151	7	to	to	ADP
ajfa-10605	151	8	observing	observe	VERB
ajfa-10605	151	9	others	other	NOUN
ajfa-10605	151	10	’	’	PART
ajfa-10605	151	11	behavior	behavior	NOUN
ajfa-10605	151	12	when	when	SCONJ
ajfa-10605	151	13	making	make	VERB
ajfa-10605	151	14	investment	investment	NOUN
ajfa-10605	151	15	decision	decision	NOUN
ajfa-10605	151	16	.	.	PUNCT
ajfa-10605	152	1	in	in	ADP
ajfa-10605	152	2	other	other	ADJ
ajfa-10605	152	3	words	word	NOUN
ajfa-10605	152	4	,	,	PUNCT
ajfa-10605	152	5	it	it	PRON
ajfa-10605	152	6	is	be	AUX
ajfa-10605	152	7	the	the	DET
ajfa-10605	152	8	act	act	NOUN
ajfa-10605	152	9	of	of	ADP
ajfa-10605	152	10	mutual	mutual	ADJ
ajfa-10605	152	11	imitation	imitation	NOUN
ajfa-10605	152	12	among	among	ADP
ajfa-10605	152	13	investors	investor	NOUN
ajfa-10605	152	14	hwang	hwang	PROPN
ajfa-10605	152	15	and	and	CCONJ
ajfa-10605	152	16	salmon	salmon	NOUN
ajfa-10605	152	17	(	(	PUNCT
ajfa-10605	152	18	2004	2004	NUM
ajfa-10605	152	19	)	)	PUNCT
ajfa-10605	152	20	.	.	PUNCT
ajfa-10605	153	1	in	in	ADP
ajfa-10605	153	2	the	the	DET
ajfa-10605	153	3	study	study	NOUN
ajfa-10605	153	4	conducted	conduct	VERB
ajfa-10605	153	5	in	in	ADP
ajfa-10605	153	6	1992	1992	NUM
ajfa-10605	153	7	,	,	PUNCT
ajfa-10605	153	8	banerjee	banerjee	PROPN
ajfa-10605	153	9	explained	explain	VERB
ajfa-10605	153	10	that	that	SCONJ
ajfa-10605	153	11	herd	herd	NOUN
ajfa-10605	153	12	behavior	behavior	NOUN
ajfa-10605	153	13	as	as	ADP
ajfa-10605	153	14	acting	act	VERB
ajfa-10605	153	15	following	follow	VERB
ajfa-10605	153	16	what	what	PRON
ajfa-10605	153	17	other	other	ADJ
ajfa-10605	153	18	people	people	NOUN
ajfa-10605	153	19	are	be	AUX
ajfa-10605	153	20	doing	do	VERB
ajfa-10605	153	21	,	,	PUNCT
ajfa-10605	153	22	even	even	ADV
ajfa-10605	153	23	when	when	SCONJ
ajfa-10605	153	24	their	their	PRON
ajfa-10605	153	25	private	private	ADJ
ajfa-10605	153	26	source	source	NOUN
ajfa-10605	153	27	of	of	ADP
ajfa-10605	153	28	information	information	NOUN
ajfa-10605	153	29	proves	prove	VERB
ajfa-10605	153	30	that	that	SCONJ
ajfa-10605	153	31	they	they	PRON
ajfa-10605	153	32	should	should	AUX
ajfa-10605	153	33	act	act	VERB
ajfa-10605	153	34	differently	differently	ADV
ajfa-10605	153	35	banerjee	banerjee	PROPN
ajfa-10605	153	36	(	(	PUNCT
ajfa-10605	153	37	1992	1992	NUM
ajfa-10605	153	38	)	)	PUNCT
ajfa-10605	153	39	.	.	PUNCT
ajfa-10605	154	1	however	however	ADV
ajfa-10605	154	2	,	,	PUNCT
ajfa-10605	154	3	5	5	NUM
ajfa-10605	154	4	out	out	ADP
ajfa-10605	154	5	of	of	ADP
ajfa-10605	154	6	8	8	NUM
ajfa-10605	154	7	informants	informant	NOUN
ajfa-10605	154	8	confirm	confirm	VERB
ajfa-10605	154	9	that	that	SCONJ
ajfa-10605	154	10	they	they	PRON
ajfa-10605	154	11	will	will	AUX
ajfa-10605	154	12	stay	stay	VERB
ajfa-10605	154	13	on	on	ADP
ajfa-10605	154	14	their	their	PRON
ajfa-10605	154	15	ground	ground	NOUN
ajfa-10605	154	16	of	of	ADP
ajfa-10605	154	17	decision	decision	NOUN
ajfa-10605	154	18	when	when	SCONJ
ajfa-10605	154	19	they	they	PRON
ajfa-10605	154	20	are	be	AUX
ajfa-10605	154	21	asked	ask	VERB
ajfa-10605	154	22	“	"	PUNCT
ajfa-10605	154	23	what	what	PRON
ajfa-10605	154	24	do	do	AUX
ajfa-10605	154	25	you	you	PRON
ajfa-10605	154	26	do	do	VERB
ajfa-10605	154	27	if	if	SCONJ
ajfa-10605	154	28	you	you	PRON
ajfa-10605	154	29	see	see	VERB
ajfa-10605	154	30	that	that	SCONJ
ajfa-10605	154	31	market	market	NOUN
ajfa-10605	154	32	make	make	VERB
ajfa-10605	154	33	opposite	opposite	ADJ
ajfa-10605	154	34	trading	trading	NOUN
ajfa-10605	154	35	compare	compare	VERB
ajfa-10605	154	36	to	to	ADP
ajfa-10605	154	37	yours	yours	PRON
ajfa-10605	154	38	,	,	PUNCT
ajfa-10605	154	39	given	give	VERB
ajfa-10605	154	40	all	all	DET
ajfa-10605	154	41	the	the	DET
ajfa-10605	154	42	private	private	ADJ
ajfa-10605	154	43	information	information	NOUN
ajfa-10605	154	44	you	you	PRON
ajfa-10605	154	45	have	have	VERB
ajfa-10605	154	46	at	at	ADP
ajfa-10605	154	47	hand	hand	NOUN
ajfa-10605	154	48	”	"	PUNCT
ajfa-10605	154	49	.	.	PUNCT
ajfa-10605	155	1	the	the	DET
ajfa-10605	155	2	other	other	ADJ
ajfa-10605	155	3	three	three	NUM
ajfa-10605	155	4	informants	informant	NOUN
ajfa-10605	155	5	state	state	NOUN
ajfa-10605	155	6	that	that	SCONJ
ajfa-10605	155	7	they	they	PRON
ajfa-10605	155	8	will	will	AUX
ajfa-10605	155	9	carefully	carefully	ADV
ajfa-10605	155	10	revise	revise	VERB
ajfa-10605	155	11	their	their	PRON
ajfa-10605	155	12	decision	decision	NOUN
ajfa-10605	155	13	.	.	PUNCT
ajfa-10605	156	1	this	this	DET
ajfa-10605	156	2	result	result	NOUN
ajfa-10605	156	3	proves	prove	VERB
ajfa-10605	156	4	that	that	SCONJ
ajfa-10605	156	5	investors	investor	NOUN
ajfa-10605	156	6	do	do	AUX
ajfa-10605	156	7	not	not	PART
ajfa-10605	156	8	entirely	entirely	ADV
ajfa-10605	156	9	base	base	VERB
ajfa-10605	156	10	on	on	ADP
ajfa-10605	156	11	market	market	NOUN
ajfa-10605	156	12	movements	movement	NOUN
ajfa-10605	156	13	to	to	PART
ajfa-10605	156	14	decide	decide	VERB
ajfa-10605	156	15	;	;	PUNCT
ajfa-10605	156	16	in	in	ADP
ajfa-10605	156	17	fact	fact	NOUN
ajfa-10605	156	18	,	,	PUNCT
ajfa-10605	156	19	it	it	PRON
ajfa-10605	156	20	can	can	AUX
ajfa-10605	156	21	be	be	AUX
ajfa-10605	156	22	seen	see	VERB
ajfa-10605	156	23	as	as	ADP
ajfa-10605	156	24	an	an	DET
ajfa-10605	156	25	illustration	illustration	NOUN
ajfa-10605	156	26	of	of	ADP
ajfa-10605	156	27	overconfidence	overconfidence	NOUN
ajfa-10605	156	28	when	when	SCONJ
ajfa-10605	156	29	individuals	individual	NOUN
ajfa-10605	156	30	consider	consider	VERB
ajfa-10605	156	31	their	their	PRON
ajfa-10605	156	32	information	information	NOUN
ajfa-10605	156	33	of	of	ADP
ajfa-10605	156	34	great	great	ADJ
ajfa-10605	156	35	value	value	NOUN
ajfa-10605	156	36	.	.	PUNCT
ajfa-10605	157	1	on	on	ADP
ajfa-10605	157	2	the	the	DET
ajfa-10605	157	3	other	other	ADJ
ajfa-10605	157	4	hand	hand	NOUN
ajfa-10605	157	5	,	,	PUNCT
ajfa-10605	157	6	6	6	NUM
ajfa-10605	157	7	out	out	ADP
ajfa-10605	157	8	of	of	ADP
ajfa-10605	157	9	8	8	NUM
ajfa-10605	157	10	also	also	ADV
ajfa-10605	157	11	claim	claim	VERB
ajfa-10605	157	12	that	that	SCONJ
ajfa-10605	157	13	they	they	PRON
ajfa-10605	157	14	will	will	AUX
ajfa-10605	157	15	decide	decide	VERB
ajfa-10605	157	16	to	to	PART
ajfa-10605	157	17	sell	sell	VERB
ajfa-10605	157	18	or	or	CCONJ
ajfa-10605	157	19	buy	buy	VERB
ajfa-10605	157	20	certain	certain	ADJ
ajfa-10605	157	21	stocks	stock	NOUN
ajfa-10605	157	22	following	follow	VERB
ajfa-10605	157	23	the	the	DET
ajfa-10605	157	24	crowd	crowd	NOUN
ajfa-10605	157	25	if	if	SCONJ
ajfa-10605	157	26	they	they	PRON
ajfa-10605	157	27	do	do	AUX
ajfa-10605	157	28	not	not	PART
ajfa-10605	157	29	have	have	VERB
ajfa-10605	157	30	any	any	DET
ajfa-10605	157	31	information	information	NOUN
ajfa-10605	157	32	about	about	ADP
ajfa-10605	157	33	such	such	ADJ
ajfa-10605	157	34	stocks	stock	NOUN
ajfa-10605	157	35	.	.	PUNCT
ajfa-10605	158	1	this	this	PRON
ajfa-10605	158	2	is	be	AUX
ajfa-10605	158	3	also	also	ADV
ajfa-10605	158	4	the	the	DET
ajfa-10605	158	5	time	time	NOUN
ajfa-10605	158	6	when	when	SCONJ
ajfa-10605	158	7	they	they	PRON
ajfa-10605	158	8	often	often	ADV
ajfa-10605	158	9	listen	listen	VERB
ajfa-10605	158	10	to	to	ADP
ajfa-10605	158	11	market	market	NOUN
ajfa-10605	158	12	analysts	analyst	NOUN
ajfa-10605	158	13	and	and	CCONJ
ajfa-10605	158	14	researchers	researcher	NOUN
ajfa-10605	158	15	.	.	PUNCT
ajfa-10605	159	1	barber	barber	PROPN
ajfa-10605	159	2	et	et	PROPN
ajfa-10605	159	3	al	al	PROPN
ajfa-10605	159	4	.	.	PROPN
ajfa-10605	160	1	(	(	PUNCT
ajfa-10605	160	2	2009	2009	NUM
ajfa-10605	160	3	)	)	PUNCT
ajfa-10605	160	4	argues	argue	VERB
ajfa-10605	160	5	that	that	SCONJ
ajfa-10605	160	6	individual	individual	ADJ
ajfa-10605	160	7	investors	investor	NOUN
ajfa-10605	160	8	asian	asian	PROPN
ajfa-10605	160	9	journal	journal	PROPN
ajfa-10605	160	10	of	of	ADP
ajfa-10605	160	11	finance	finance	PROPN
ajfa-10605	160	12	&	&	CCONJ
ajfa-10605	160	13	accounting	accounting	PROPN
ajfa-10605	160	14	issn	issn	PROPN
ajfa-10605	160	15	1946	1946	NUM
ajfa-10605	160	16	-	-	PUNCT
ajfa-10605	160	17	052x	052x	PROPN
ajfa-10605	160	18	2017	2017	NUM
ajfa-10605	160	19	,	,	PUNCT
ajfa-10605	160	20	vol	vol	NOUN
ajfa-10605	160	21	.	.	NOUN
ajfa-10605	160	22	9	9	NUM
ajfa-10605	160	23	,	,	PUNCT
ajfa-10605	160	24	no	no	INTJ
ajfa-10605	160	25	.	.	NOUN
ajfa-10605	160	26	1	1	NUM
ajfa-10605	160	27	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-10605	160	28	163	163	NUM
ajfa-10605	160	29	tend	tend	VERB
ajfa-10605	160	30	to	to	PART
ajfa-10605	160	31	make	make	VERB
ajfa-10605	160	32	similar	similar	ADJ
ajfa-10605	160	33	deviation	deviation	NOUN
ajfa-10605	160	34	at	at	ADP
ajfa-10605	160	35	or	or	CCONJ
ajfa-10605	160	36	around	around	ADP
ajfa-10605	160	37	a	a	DET
ajfa-10605	160	38	certain	certain	ADJ
ajfa-10605	160	39	point	point	NOUN
ajfa-10605	160	40	of	of	ADP
ajfa-10605	160	41	time	time	NOUN
ajfa-10605	160	42	.	.	PUNCT
ajfa-10605	161	1	such	such	ADJ
ajfa-10605	161	2	investors	investor	NOUN
ajfa-10605	161	3	do	do	AUX
ajfa-10605	161	4	not	not	PART
ajfa-10605	161	5	necessarily	necessarily	ADV
ajfa-10605	161	6	reject	reject	VERB
ajfa-10605	161	7	each	each	DET
ajfa-10605	161	8	other	other	ADJ
ajfa-10605	161	9	’s	’s	PART
ajfa-10605	161	10	actions	action	NOUN
ajfa-10605	161	11	;	;	PUNCT
ajfa-10605	161	12	in	in	ADP
ajfa-10605	161	13	fact	fact	NOUN
ajfa-10605	161	14	,	,	PUNCT
ajfa-10605	161	15	their	their	PRON
ajfa-10605	161	16	actions	action	NOUN
ajfa-10605	161	17	share	share	VERB
ajfa-10605	161	18	overall	overall	ADJ
ajfa-10605	161	19	potential	potential	NOUN
ajfa-10605	161	20	.	.	PUNCT
ajfa-10605	162	1	comments	comment	NOUN
ajfa-10605	162	2	revealing	reveal	VERB
ajfa-10605	162	3	herd	herd	NOUN
ajfa-10605	162	4	behavior	behavior	NOUN
ajfa-10605	162	5	made	make	VERB
ajfa-10605	162	6	by	by	ADP
ajfa-10605	162	7	the	the	DET
ajfa-10605	162	8	informants	informant	NOUN
ajfa-10605	162	9	are	be	AUX
ajfa-10605	162	10	quoted	quote	VERB
ajfa-10605	162	11	as	as	ADP
ajfa-10605	162	12	below	below	ADV
ajfa-10605	162	13	:	:	PUNCT
ajfa-10605	162	14	“	"	PUNCT
ajfa-10605	162	15	when	when	SCONJ
ajfa-10605	162	16	i	i	PRON
ajfa-10605	162	17	am	be	AUX
ajfa-10605	162	18	unsure	unsure	ADJ
ajfa-10605	162	19	of	of	ADP
ajfa-10605	162	20	which	which	DET
ajfa-10605	162	21	stock	stock	NOUN
ajfa-10605	162	22	to	to	PART
ajfa-10605	162	23	invest	invest	VERB
ajfa-10605	162	24	,	,	PUNCT
ajfa-10605	162	25	i	i	PRON
ajfa-10605	162	26	asked	ask	VERB
ajfa-10605	162	27	for	for	ADP
ajfa-10605	162	28	relevant	relevant	ADJ
ajfa-10605	162	29	information	information	NOUN
ajfa-10605	162	30	from	from	ADP
ajfa-10605	162	31	friends	friend	NOUN
ajfa-10605	162	32	and	and	CCONJ
ajfa-10605	162	33	informal	informal	ADJ
ajfa-10605	162	34	sources	source	NOUN
ajfa-10605	162	35	of	of	ADP
ajfa-10605	162	36	information	information	NOUN
ajfa-10605	162	37	in	in	ADP
ajfa-10605	162	38	stock	stock	NOUN
ajfa-10605	162	39	market	market	NOUN
ajfa-10605	162	40	.	.	PUNCT
ajfa-10605	163	1	such	such	ADJ
ajfa-10605	163	2	information	information	NOUN
ajfa-10605	163	3	has	have	VERB
ajfa-10605	163	4	a	a	DET
ajfa-10605	163	5	rather	rather	ADV
ajfa-10605	163	6	high	high	ADJ
ajfa-10605	163	7	impact	impact	NOUN
ajfa-10605	163	8	on	on	ADP
ajfa-10605	163	9	my	my	PRON
ajfa-10605	163	10	investment	investment	NOUN
ajfa-10605	163	11	decision	decision	NOUN
ajfa-10605	163	12	”	"	PUNCT
ajfa-10605	163	13	;	;	PUNCT
ajfa-10605	163	14	“	"	PUNCT
ajfa-10605	163	15	it	it	PRON
ajfa-10605	163	16	is	be	AUX
ajfa-10605	163	17	the	the	DET
ajfa-10605	163	18	fact	fact	NOUN
ajfa-10605	163	19	that	that	SCONJ
ajfa-10605	163	20	information	information	NOUN
ajfa-10605	163	21	in	in	ADP
ajfa-10605	163	22	the	the	DET
ajfa-10605	163	23	thailand	thailand	PROPN
ajfa-10605	163	24	stock	stock	NOUN
ajfa-10605	163	25	market	market	NOUN
ajfa-10605	163	26	is	be	AUX
ajfa-10605	163	27	still	still	ADV
ajfa-10605	163	28	neither	neither	CCONJ
ajfa-10605	163	29	clear	clear	ADJ
ajfa-10605	163	30	nor	nor	CCONJ
ajfa-10605	163	31	timely	timely	ADJ
ajfa-10605	163	32	,	,	PUNCT
ajfa-10605	163	33	hence	hence	ADV
ajfa-10605	163	34	i	i	PRON
ajfa-10605	163	35	mainly	mainly	ADV
ajfa-10605	163	36	rely	rely	VERB
ajfa-10605	163	37	on	on	ADP
ajfa-10605	163	38	informal	informal	ADJ
ajfa-10605	163	39	sources	source	NOUN
ajfa-10605	163	40	of	of	ADP
ajfa-10605	163	41	information	information	NOUN
ajfa-10605	163	42	to	to	PART
ajfa-10605	163	43	make	make	VERB
ajfa-10605	163	44	decision	decision	NOUN
ajfa-10605	163	45	.	.	PUNCT
ajfa-10605	164	1	i	i	PRON
ajfa-10605	164	2	do	do	AUX
ajfa-10605	164	3	not	not	PART
ajfa-10605	164	4	believe	believe	VERB
ajfa-10605	164	5	the	the	DET
ajfa-10605	164	6	market	market	NOUN
ajfa-10605	164	7	is	be	AUX
ajfa-10605	164	8	efficient	efficient	ADJ
ajfa-10605	164	9	”	"	PUNCT
ajfa-10605	164	10	;	;	PUNCT
ajfa-10605	164	11	“	"	PUNCT
ajfa-10605	164	12	there	there	PRON
ajfa-10605	164	13	is	be	VERB
ajfa-10605	164	14	a	a	DET
ajfa-10605	164	15	lack	lack	NOUN
ajfa-10605	164	16	of	of	ADP
ajfa-10605	164	17	formal	formal	ADJ
ajfa-10605	164	18	information	information	NOUN
ajfa-10605	164	19	in	in	ADP
ajfa-10605	164	20	the	the	DET
ajfa-10605	164	21	thailand	thailand	PROPN
ajfa-10605	164	22	stock	stock	NOUN
ajfa-10605	164	23	market	market	NOUN
ajfa-10605	164	24	,	,	PUNCT
ajfa-10605	164	25	which	which	PRON
ajfa-10605	164	26	is	be	AUX
ajfa-10605	164	27	actually	actually	ADV
ajfa-10605	164	28	a	a	DET
ajfa-10605	164	29	barrier	barrier	NOUN
ajfa-10605	164	30	to	to	ADP
ajfa-10605	164	31	people	people	NOUN
ajfa-10605	164	32	’s	’s	PART
ajfa-10605	164	33	investment	investment	NOUN
ajfa-10605	164	34	decision	decision	NOUN
ajfa-10605	164	35	.	.	PUNCT
ajfa-10605	165	1	i	i	PRON
ajfa-10605	165	2	myself	myself	PRON
ajfa-10605	165	3	often	often	ADV
ajfa-10605	165	4	consult	consult	VERB
ajfa-10605	165	5	analysts	analyst	NOUN
ajfa-10605	165	6	,	,	PUNCT
ajfa-10605	165	7	market	market	NOUN
ajfa-10605	165	8	researchers	researcher	NOUN
ajfa-10605	165	9	or	or	CCONJ
ajfa-10605	165	10	foreign	foreign	ADJ
ajfa-10605	165	11	investors	investor	NOUN
ajfa-10605	165	12	’	'	PUNCT
ajfa-10605	165	13	decision	decision	NOUN
ajfa-10605	165	14	”	"	PUNCT
ajfa-10605	165	15	;	;	PUNCT
ajfa-10605	165	16	“	"	PUNCT
ajfa-10605	165	17	the	the	DET
ajfa-10605	165	18	trading	trading	NOUN
ajfa-10605	165	19	floor	floor	NOUN
ajfa-10605	165	20	is	be	AUX
ajfa-10605	165	21	really	really	ADV
ajfa-10605	165	22	interesting	interesting	ADJ
ajfa-10605	165	23	with	with	ADP
ajfa-10605	165	24	a	a	DET
ajfa-10605	165	25	lot	lot	NOUN
ajfa-10605	165	26	of	of	ADP
ajfa-10605	165	27	people	people	NOUN
ajfa-10605	165	28	and	and	CCONJ
ajfa-10605	165	29	a	a	DET
ajfa-10605	165	30	lot	lot	NOUN
ajfa-10605	165	31	of	of	ADP
ajfa-10605	165	32	noises	noise	NOUN
ajfa-10605	165	33	.	.	PUNCT
ajfa-10605	166	1	those	those	DET
ajfa-10605	166	2	people	people	NOUN
ajfa-10605	166	3	may	may	AUX
ajfa-10605	166	4	have	have	VERB
ajfa-10605	166	5	inside	inside	ADJ
ajfa-10605	166	6	information	information	NOUN
ajfa-10605	166	7	i	i	PRON
ajfa-10605	166	8	do	do	AUX
ajfa-10605	166	9	not	not	PART
ajfa-10605	166	10	have	have	VERB
ajfa-10605	166	11	.	.	PUNCT
ajfa-10605	167	1	collectively	collectively	ADV
ajfa-10605	167	2	,	,	PUNCT
ajfa-10605	167	3	they	they	PRON
ajfa-10605	167	4	are	be	AUX
ajfa-10605	167	5	the	the	DET
ajfa-10605	167	6	signal	signal	NOUN
ajfa-10605	167	7	of	of	ADP
ajfa-10605	167	8	the	the	DET
ajfa-10605	167	9	market	market	NOUN
ajfa-10605	167	10	.	.	PUNCT
ajfa-10605	168	1	i	i	PRON
ajfa-10605	168	2	can	can	AUX
ajfa-10605	168	3	not	not	PART
ajfa-10605	168	4	deny	deny	VERB
ajfa-10605	168	5	their	their	PRON
ajfa-10605	168	6	influence	influence	NOUN
ajfa-10605	168	7	on	on	ADP
ajfa-10605	168	8	me	i	PRON
ajfa-10605	168	9	”	"	PUNCT
ajfa-10605	168	10	.	.	PUNCT
ajfa-10605	169	1	herding	herd	VERB
ajfa-10605	169	2	behavior	behavior	NOUN
ajfa-10605	169	3	has	have	VERB
ajfa-10605	169	4	a	a	DET
ajfa-10605	169	5	great	great	ADJ
ajfa-10605	169	6	impact	impact	NOUN
ajfa-10605	169	7	on	on	ADP
ajfa-10605	169	8	investment	investment	NOUN
ajfa-10605	169	9	decision	decision	NOUN
ajfa-10605	169	10	made	make	VERB
ajfa-10605	169	11	by	by	ADP
ajfa-10605	169	12	individuals	individual	NOUN
ajfa-10605	169	13	in	in	ADP
ajfa-10605	169	14	the	the	DET
ajfa-10605	169	15	thailand	thailand	PROPN
ajfa-10605	169	16	stock	stock	NOUN
ajfa-10605	169	17	market	market	NOUN
ajfa-10605	169	18	especially	especially	ADV
ajfa-10605	169	19	when	when	SCONJ
ajfa-10605	169	20	people	people	NOUN
ajfa-10605	169	21	have	have	VERB
ajfa-10605	169	22	to	to	PART
ajfa-10605	169	23	make	make	VERB
ajfa-10605	169	24	decision	decision	NOUN
ajfa-10605	169	25	in	in	ADP
ajfa-10605	169	26	an	an	DET
ajfa-10605	169	27	environment	environment	NOUN
ajfa-10605	169	28	where	where	SCONJ
ajfa-10605	169	29	information	information	NOUN
ajfa-10605	169	30	is	be	AUX
ajfa-10605	169	31	inefficient	inefficient	ADJ
ajfa-10605	169	32	,	,	PUNCT
ajfa-10605	169	33	information	information	NOUN
ajfa-10605	169	34	accuracy	accuracy	NOUN
ajfa-10605	169	35	is	be	AUX
ajfa-10605	169	36	not	not	PART
ajfa-10605	169	37	reliable	reliable	ADJ
ajfa-10605	169	38	and	and	CCONJ
ajfa-10605	169	39	information	information	NOUN
ajfa-10605	169	40	transparency	transparency	NOUN
ajfa-10605	169	41	is	be	AUX
ajfa-10605	169	42	limited	limited	ADJ
ajfa-10605	169	43	.	.	PUNCT
ajfa-10605	170	1	when	when	SCONJ
ajfa-10605	170	2	individual	individual	ADJ
ajfa-10605	170	3	investors	investor	NOUN
ajfa-10605	170	4	do	do	AUX
ajfa-10605	170	5	not	not	PART
ajfa-10605	170	6	have	have	VERB
ajfa-10605	170	7	faith	faith	NOUN
ajfa-10605	170	8	in	in	ADP
ajfa-10605	170	9	the	the	DET
ajfa-10605	170	10	quality	quality	NOUN
ajfa-10605	170	11	and	and	CCONJ
ajfa-10605	170	12	transparency	transparency	NOUN
ajfa-10605	170	13	of	of	ADP
ajfa-10605	170	14	information	information	NOUN
ajfa-10605	170	15	in	in	ADP
ajfa-10605	170	16	combination	combination	NOUN
ajfa-10605	170	17	with	with	ADP
ajfa-10605	170	18	limited	limited	ADJ
ajfa-10605	170	19	information	information	NOUN
ajfa-10605	170	20	analysis	analysis	NOUN
ajfa-10605	170	21	ability	ability	NOUN
ajfa-10605	170	22	,	,	PUNCT
ajfa-10605	170	23	they	they	PRON
ajfa-10605	170	24	tend	tend	VERB
ajfa-10605	170	25	to	to	PART
ajfa-10605	170	26	imitate	imitate	VERB
ajfa-10605	170	27	others	other	NOUN
ajfa-10605	170	28	in	in	ADP
ajfa-10605	170	29	the	the	DET
ajfa-10605	170	30	market	market	NOUN
ajfa-10605	170	31	(	(	PUNCT
ajfa-10605	170	32	chiang	chiang	PROPN
ajfa-10605	170	33	&	&	CCONJ
ajfa-10605	170	34	zheng	zheng	PROPN
ajfa-10605	170	35	,	,	PUNCT
ajfa-10605	170	36	2010	2010	NUM
ajfa-10605	170	37	)	)	PUNCT
ajfa-10605	170	38	.	.	PUNCT
ajfa-10605	171	1	5	5	X
ajfa-10605	171	2	.	.	X
ajfa-10605	171	3	conclusion	conclusion	NOUN
ajfa-10605	171	4	this	this	DET
ajfa-10605	171	5	research	research	NOUN
ajfa-10605	171	6	determines	determine	VERB
ajfa-10605	171	7	four	four	NUM
ajfa-10605	171	8	prominent	prominent	ADJ
ajfa-10605	171	9	behavioral	behavioral	ADJ
ajfa-10605	171	10	biases	bias	NOUN
ajfa-10605	171	11	of	of	ADP
ajfa-10605	171	12	individual	individual	ADJ
ajfa-10605	171	13	investors	investor	NOUN
ajfa-10605	171	14	in	in	ADP
ajfa-10605	171	15	the	the	DET
ajfa-10605	171	16	thailand	thailand	PROPN
ajfa-10605	171	17	stock	stock	NOUN
ajfa-10605	171	18	market	market	NOUN
ajfa-10605	171	19	including	include	VERB
ajfa-10605	171	20	overconfidence	overconfidence	NOUN
ajfa-10605	171	21	,	,	PUNCT
ajfa-10605	171	22	excessive	excessive	ADJ
ajfa-10605	171	23	optimism	optimism	NOUN
ajfa-10605	171	24	,	,	PUNCT
ajfa-10605	171	25	psychology	psychology	NOUN
ajfa-10605	171	26	of	of	ADP
ajfa-10605	171	27	risk	risk	NOUN
ajfa-10605	171	28	and	and	CCONJ
ajfa-10605	171	29	herding	herding	NOUN
ajfa-10605	171	30	behavior	behavior	NOUN
ajfa-10605	171	31	.	.	PUNCT
ajfa-10605	172	1	it	it	PRON
ajfa-10605	172	2	sends	send	VERB
ajfa-10605	172	3	them	they	PRON
ajfa-10605	172	4	a	a	DET
ajfa-10605	172	5	caution	caution	NOUN
ajfa-10605	172	6	about	about	ADP
ajfa-10605	172	7	influence	influence	NOUN
ajfa-10605	172	8	of	of	ADP
ajfa-10605	172	9	behavioral	behavioral	ADJ
ajfa-10605	172	10	biases	bias	NOUN
ajfa-10605	172	11	in	in	ADP
ajfa-10605	172	12	decision	decision	NOUN
ajfa-10605	172	13	-	-	PUNCT
ajfa-10605	172	14	marking	mark	VERB
ajfa-10605	172	15	process	process	NOUN
ajfa-10605	172	16	.	.	PUNCT
ajfa-10605	173	1	therefore	therefore	ADV
ajfa-10605	173	2	,	,	PUNCT
ajfa-10605	173	3	investors	investor	NOUN
ajfa-10605	173	4	should	should	AUX
ajfa-10605	173	5	have	have	VERB
ajfa-10605	173	6	knowledge	knowledge	NOUN
ajfa-10605	173	7	in	in	ADP
ajfa-10605	173	8	behavioral	behavioral	ADJ
ajfa-10605	173	9	finance	finance	NOUN
ajfa-10605	173	10	,	,	PUNCT
ajfa-10605	173	11	to	to	PART
ajfa-10605	173	12	realize	realize	VERB
ajfa-10605	173	13	behavioral	behavioral	ADJ
ajfa-10605	173	14	biases	bias	NOUN
ajfa-10605	173	15	which	which	DET
ajfa-10605	173	16	ones	one	NOUN
ajfa-10605	173	17	influence	influence	VERB
ajfa-10605	173	18	them	they	PRON
ajfa-10605	173	19	.	.	PUNCT
ajfa-10605	174	1	research	research	NOUN
ajfa-10605	174	2	result	result	NOUN
ajfa-10605	174	3	can	can	AUX
ajfa-10605	174	4	be	be	AUX
ajfa-10605	174	5	considered	consider	VERB
ajfa-10605	174	6	as	as	ADP
ajfa-10605	174	7	basis	basis	NOUN
ajfa-10605	174	8	for	for	ADP
ajfa-10605	174	9	the	the	DET
ajfa-10605	174	10	next	next	ADJ
ajfa-10605	174	11	deep	deep	ADJ
ajfa-10605	174	12	researches	research	NOUN
ajfa-10605	174	13	in	in	ADP
ajfa-10605	174	14	behavioral	behavioral	ADJ
ajfa-10605	174	15	finance	finance	NOUN
ajfa-10605	174	16	in	in	ADP
ajfa-10605	174	17	thailand	thailand	PROPN
ajfa-10605	174	18	.	.	PUNCT
ajfa-10605	175	1	the	the	DET
ajfa-10605	175	2	psychological	psychological	ADJ
ajfa-10605	175	3	factors	factor	NOUN
ajfa-10605	175	4	including	include	VERB
ajfa-10605	175	5	overconfidence	overconfidence	NOUN
ajfa-10605	175	6	,	,	PUNCT
ajfa-10605	175	7	excessive	excessive	ADJ
ajfa-10605	175	8	optimism	optimism	NOUN
ajfa-10605	175	9	,	,	PUNCT
ajfa-10605	175	10	attitude	attitude	NOUN
ajfa-10605	175	11	towards	towards	ADP
ajfa-10605	175	12	risk	risk	NOUN
ajfa-10605	175	13	and	and	CCONJ
ajfa-10605	175	14	herd	herd	NOUN
ajfa-10605	175	15	behavior	behavior	NOUN
ajfa-10605	175	16	are	be	AUX
ajfa-10605	175	17	likely	likely	ADJ
ajfa-10605	175	18	to	to	PART
ajfa-10605	175	19	exist	exist	VERB
ajfa-10605	175	20	naturally	naturally	ADV
ajfa-10605	175	21	that	that	SCONJ
ajfa-10605	175	22	people	people	NOUN
ajfa-10605	175	23	can	can	AUX
ajfa-10605	175	24	not	not	PART
ajfa-10605	175	25	realize	realize	VERB
ajfa-10605	175	26	them	they	PRON
ajfa-10605	175	27	.	.	PUNCT
ajfa-10605	176	1	nevertheless	nevertheless	ADV
ajfa-10605	176	2	,	,	PUNCT
ajfa-10605	176	3	they	they	PRON
ajfa-10605	176	4	have	have	VERB
ajfa-10605	176	5	a	a	DET
ajfa-10605	176	6	profound	profound	ADJ
ajfa-10605	176	7	impact	impact	NOUN
ajfa-10605	176	8	on	on	ADP
ajfa-10605	176	9	making	make	VERB
ajfa-10605	176	10	investment	investment	NOUN
ajfa-10605	176	11	decisions	decision	NOUN
ajfa-10605	176	12	of	of	ADP
ajfa-10605	176	13	investors	investor	NOUN
ajfa-10605	176	14	.	.	PUNCT
ajfa-10605	177	1	research	research	NOUN
ajfa-10605	177	2	result	result	NOUN
ajfa-10605	177	3	can	can	AUX
ajfa-10605	177	4	also	also	ADV
ajfa-10605	177	5	give	give	VERB
ajfa-10605	177	6	some	some	DET
ajfa-10605	177	7	useful	useful	ADJ
ajfa-10605	177	8	information	information	NOUN
ajfa-10605	177	9	to	to	ADP
ajfa-10605	177	10	financial	financial	ADJ
ajfa-10605	177	11	advisors	advisor	NOUN
ajfa-10605	177	12	.	.	PUNCT
ajfa-10605	178	1	they	they	PRON
ajfa-10605	178	2	can	can	AUX
ajfa-10605	178	3	diagnose	diagnose	VERB
ajfa-10605	178	4	behavioral	behavioral	ADJ
ajfa-10605	178	5	biases	bias	NOUN
ajfa-10605	178	6	which	which	DET
ajfa-10605	178	7	ones	one	NOUN
ajfa-10605	178	8	can	can	AUX
ajfa-10605	178	9	affect	affect	VERB
ajfa-10605	178	10	their	their	PRON
ajfa-10605	178	11	clients	client	NOUN
ajfa-10605	178	12	in	in	ADP
ajfa-10605	178	13	order	order	NOUN
ajfa-10605	178	14	that	that	SCONJ
ajfa-10605	178	15	they	they	PRON
ajfa-10605	178	16	can	can	AUX
ajfa-10605	178	17	issue	issue	VERB
ajfa-10605	178	18	good	good	ADJ
ajfa-10605	178	19	advices	advice	NOUN
ajfa-10605	178	20	the	the	DET
ajfa-10605	178	21	limitation	limitation	NOUN
ajfa-10605	178	22	of	of	ADP
ajfa-10605	178	23	this	this	DET
ajfa-10605	178	24	research	research	NOUN
ajfa-10605	178	25	is	be	AUX
ajfa-10605	178	26	that	that	SCONJ
ajfa-10605	178	27	it	it	PRON
ajfa-10605	178	28	is	be	AUX
ajfa-10605	178	29	just	just	ADV
ajfa-10605	178	30	an	an	DET
ajfa-10605	178	31	investigation	investigation	NOUN
ajfa-10605	178	32	into	into	ADP
ajfa-10605	178	33	individual	individual	ADJ
ajfa-10605	178	34	investors	investor	NOUN
ajfa-10605	178	35	,	,	PUNCT
ajfa-10605	178	36	not	not	PART
ajfa-10605	178	37	institutional	institutional	ADJ
ajfa-10605	178	38	investors	investor	NOUN
ajfa-10605	178	39	.	.	PUNCT
ajfa-10605	179	1	the	the	DET
ajfa-10605	179	2	research	research	NOUN
ajfa-10605	179	3	just	just	ADV
ajfa-10605	179	4	chose	choose	VERB
ajfa-10605	179	5	sample	sample	NOUN
ajfa-10605	179	6	randomly	randomly	ADV
ajfa-10605	179	7	in	in	ADP
ajfa-10605	179	8	thailand	thailand	PROPN
ajfa-10605	179	9	stock	stock	NOUN
ajfa-10605	179	10	market	market	NOUN
ajfa-10605	179	11	.	.	PUNCT
ajfa-10605	180	1	it	it	PRON
ajfa-10605	180	2	is	be	AUX
ajfa-10605	180	3	necessary	necessary	ADJ
ajfa-10605	180	4	to	to	PART
ajfa-10605	180	5	have	have	VERB
ajfa-10605	180	6	further	further	ADJ
ajfa-10605	180	7	research	research	NOUN
ajfa-10605	180	8	studies	study	NOUN
ajfa-10605	180	9	to	to	PART
ajfa-10605	180	10	confirm	confirm	VERB
ajfa-10605	180	11	the	the	DET
ajfa-10605	180	12	findings	finding	NOUN
ajfa-10605	180	13	of	of	ADP
ajfa-10605	180	14	this	this	DET
ajfa-10605	180	15	research	research	NOUN
ajfa-10605	180	16	with	with	ADP
ajfa-10605	180	17	the	the	DET
ajfa-10605	180	18	larger	large	ADJ
ajfa-10605	180	19	sample	sample	NOUN
ajfa-10605	180	20	size	size	NOUN
ajfa-10605	180	21	and	and	CCONJ
ajfa-10605	180	22	the	the	DET
ajfa-10605	180	23	more	more	ADJ
ajfa-10605	180	24	diversity	diversity	NOUN
ajfa-10605	180	25	of	of	ADP
ajfa-10605	180	26	respondents	respondent	NOUN
ajfa-10605	180	27	.	.	PUNCT
ajfa-10605	181	1	further	further	ADJ
ajfa-10605	181	2	research	research	NOUN
ajfa-10605	181	3	studies	study	NOUN
ajfa-10605	181	4	are	be	AUX
ajfa-10605	181	5	also	also	ADV
ajfa-10605	181	6	suggested	suggest	VERB
ajfa-10605	181	7	to	to	PART
ajfa-10605	181	8	apply	apply	VERB
ajfa-10605	181	9	behavioral	behavioral	ADJ
ajfa-10605	181	10	finance	finance	NOUN
ajfa-10605	181	11	to	to	PART
ajfa-10605	181	12	explore	explore	VERB
ajfa-10605	181	13	the	the	DET
ajfa-10605	181	14	behavioral	behavioral	ADJ
ajfa-10605	181	15	factors	factor	NOUN
ajfa-10605	181	16	of	of	ADP
ajfa-10605	181	17	institutional	institutional	ADJ
ajfa-10605	181	18	investors	investor	NOUN
ajfa-10605	181	19	at	at	ADP
ajfa-10605	181	20	the	the	DET
ajfa-10605	181	21	thailand	thailand	PROPN
ajfa-10605	181	22	stock	stock	PROPN
ajfa-10605	181	23	exchange	exchange	PROPN
ajfa-10605	181	24	.	.	PUNCT
ajfa-10605	182	1	ethics	ethic	NOUN
ajfa-10605	182	2	should	should	AUX
ajfa-10605	182	3	asian	asian	ADJ
ajfa-10605	182	4	journal	journal	NOUN
ajfa-10605	182	5	of	of	ADP
ajfa-10605	182	6	finance	finance	PROPN
ajfa-10605	182	7	&	&	CCONJ
ajfa-10605	182	8	accounting	accounting	PROPN
ajfa-10605	182	9	issn	issn	PROPN
ajfa-10605	182	10	1946	1946	NUM
ajfa-10605	182	11	-	-	PUNCT
ajfa-10605	182	12	052x	052x	PROPN
ajfa-10605	182	13	2017	2017	NUM
ajfa-10605	182	14	,	,	PUNCT
ajfa-10605	182	15	vol	vol	NOUN
ajfa-10605	182	16	.	.	NOUN
ajfa-10605	182	17	9	9	NUM
ajfa-10605	182	18	,	,	PUNCT
ajfa-10605	182	19	no	no	INTJ
ajfa-10605	182	20	.	.	NOUN
ajfa-10605	182	21	1	1	NUM
ajfa-10605	182	22	ajfa.macrothink.org	ajfa.macrothink.org	NOUN
ajfa-10605	182	23	164	164	NUM
ajfa-10605	182	24	also	also	ADV
ajfa-10605	182	25	be	be	AUX
ajfa-10605	182	26	included	include	VERB
ajfa-10605	182	27	into	into	ADP
ajfa-10605	182	28	behavioral	behavioral	ADJ
ajfa-10605	182	29	factors	factor	NOUN
ajfa-10605	182	30	of	of	ADP
ajfa-10605	182	31	institutional	institutional	ADJ
ajfa-10605	182	32	investors	investor	NOUN
ajfa-10605	182	33	,	,	PUNCT
ajfa-10605	182	34	especially	especially	ADV
ajfa-10605	182	35	those	those	PRON
ajfa-10605	182	36	in	in	ADP
ajfa-10605	182	37	industries	industry	NOUN
ajfa-10605	182	38	in	in	ADP
ajfa-10605	182	39	which	which	PRON
ajfa-10605	182	40	ethics	ethic	NOUN
ajfa-10605	182	41	of	of	ADP
ajfa-10605	182	42	stakeholders	stakeholder	NOUN
ajfa-10605	182	43	play	play	VERB
ajfa-10605	182	44	a	a	DET
ajfa-10605	182	45	crucial	crucial	ADJ
ajfa-10605	182	46	role	role	NOUN
ajfa-10605	182	47	such	such	ADJ
ajfa-10605	182	48	as	as	ADP
ajfa-10605	182	49	healthcare	healthcare	NOUN
ajfa-10605	182	50	services	service	NOUN
ajfa-10605	182	51	.	.	PUNCT
ajfa-10605	183	1	the	the	DET
ajfa-10605	183	2	impact	impact	NOUN
ajfa-10605	183	3	of	of	ADP
ajfa-10605	183	4	corporate	corporate	ADJ
ajfa-10605	183	5	governance	governance	NOUN
ajfa-10605	183	6	and	and	CCONJ
ajfa-10605	183	7	corporate	corporate	ADJ
ajfa-10605	183	8	social	social	ADJ
ajfa-10605	183	9	responsibility	responsibility	NOUN
ajfa-10605	183	10	on	on	ADP
ajfa-10605	183	11	behavioral	behavioral	ADJ
ajfa-10605	183	12	factors	factor	NOUN
ajfa-10605	183	13	of	of	ADP
ajfa-10605	183	14	institutional	institutional	ADJ
ajfa-10605	183	15	investors	investor	NOUN
ajfa-10605	183	16	can	can	AUX
ajfa-10605	183	17	attract	attract	VERB
ajfa-10605	183	18	researchers	researcher	NOUN
ajfa-10605	183	19	as	as	ADV
ajfa-10605	183	20	well	well	ADV
ajfa-10605	183	21	.	.	PUNCT
ajfa-10605	184	1	the	the	DET
ajfa-10605	184	2	relationship	relationship	NOUN
ajfa-10605	184	3	between	between	ADP
ajfa-10605	184	4	behavioral	behavioral	ADJ
ajfa-10605	184	5	factors	factor	NOUN
ajfa-10605	184	6	of	of	ADP
ajfa-10605	184	7	institutional	institutional	ADJ
ajfa-10605	184	8	investors	investor	NOUN
ajfa-10605	184	9	and	and	CCONJ
ajfa-10605	184	10	marketing	marketing	NOUN
ajfa-10605	184	11	effectiveness	effectiveness	NOUN
ajfa-10605	184	12	and	and	CCONJ
ajfa-10605	184	13	brand	brand	NOUN
ajfa-10605	184	14	performance	performance	NOUN
ajfa-10605	184	15	can	can	AUX
ajfa-10605	184	16	be	be	AUX
ajfa-10605	184	17	another	another	DET
ajfa-10605	184	18	interesting	interesting	ADJ
ajfa-10605	184	19	research	research	NOUN
ajfa-10605	184	20	avenue	avenue	PROPN
ajfa-10605	184	21	.	.	PUNCT
ajfa-10605	185	1	behaviors	behavior	NOUN
ajfa-10605	185	2	of	of	ADP
ajfa-10605	185	3	institutional	institutional	ADJ
ajfa-10605	185	4	investors	investor	NOUN
ajfa-10605	185	5	as	as	ADP
ajfa-10605	185	6	an	an	DET
ajfa-10605	185	7	important	important	ADJ
ajfa-10605	185	8	stakeholder	stakeholder	NOUN
ajfa-10605	185	9	group	group	NOUN
ajfa-10605	185	10	also	also	ADV
ajfa-10605	185	11	can	can	AUX
ajfa-10605	185	12	create	create	VERB
ajfa-10605	185	13	sense	sense	NOUN
ajfa-10605	185	14	of	of	ADP
ajfa-10605	185	15	urgency	urgency	NOUN
ajfa-10605	185	16	for	for	ADP
ajfa-10605	185	17	higher	high	ADJ
ajfa-10605	185	18	level	level	NOUN
ajfa-10605	185	19	of	of	ADP
ajfa-10605	185	20	organizational	organizational	ADJ
ajfa-10605	185	21	changes	change	NOUN
ajfa-10605	185	22	and	and	CCONJ
ajfa-10605	185	23	learning	learning	NOUN
ajfa-10605	185	24	.	.	PUNCT
ajfa-10605	186	1	references	reference	NOUN
ajfa-10605	186	2	banerjee	banerjee	PROPN
ajfa-10605	186	3	,	,	PUNCT
ajfa-10605	186	4	a.	a.	NOUN
ajfa-10605	186	5	v.	v.	PROPN
ajfa-10605	186	6	(	(	PUNCT
ajfa-10605	186	7	1992	1992	NUM
ajfa-10605	186	8	)	)	PUNCT
ajfa-10605	186	9	.	.	PUNCT
ajfa-10605	187	1	a	a	DET
ajfa-10605	187	2	simple	simple	ADJ
ajfa-10605	187	3	model	model	NOUN
ajfa-10605	187	4	of	of	ADP
ajfa-10605	187	5	herd	herd	NOUN
ajfa-10605	187	6	behavior	behavior	NOUN
ajfa-10605	187	7	.	.	PUNCT
ajfa-10605	188	1	the	the	DET
ajfa-10605	188	2	quarterly	quarterly	ADJ
ajfa-10605	188	3	journal	journal	NOUN
ajfa-10605	188	4	of	of	ADP
ajfa-10605	188	5	economics	economic	NOUN
ajfa-10605	188	6	,	,	PUNCT
ajfa-10605	188	7	797	797	NUM
ajfa-10605	188	8	-	-	SYM
ajfa-10605	188	9	817	817	NUM
ajfa-10605	188	10	.	.	PUNCT
ajfa-10605	189	1	https://doi.org/10.2307/2118364	https://doi.org/10.2307/2118364	NOUN
ajfa-10605	189	2	barber	barber	PROPN
ajfa-10605	189	3	,	,	PUNCT
ajfa-10605	189	4	b.	b.	PROPN
ajfa-10605	189	5	m.	m.	PROPN
ajfa-10605	189	6	,	,	PUNCT
ajfa-10605	189	7	&	&	CCONJ
ajfa-10605	189	8	odean	odean	ADJ
ajfa-10605	189	9	,	,	PUNCT
ajfa-10605	189	10	t.	t.	PROPN
ajfa-10605	189	11	(	(	PUNCT
ajfa-10605	189	12	2001	2001	NUM
ajfa-10605	189	13	)	)	PUNCT
ajfa-10605	189	14	.	.	PUNCT
ajfa-10605	190	1	boys	boy	NOUN
ajfa-10605	190	2	will	will	AUX
ajfa-10605	190	3	be	be	AUX
ajfa-10605	190	4	boys	boy	NOUN
ajfa-10605	190	5	:	:	PUNCT
ajfa-10605	190	6	gender	gender	NOUN
ajfa-10605	190	7	,	,	PUNCT
ajfa-10605	190	8	overconfidence	overconfidence	NOUN
ajfa-10605	190	9	,	,	PUNCT
ajfa-10605	190	10	and	and	CCONJ
ajfa-10605	190	11	common	common	ADJ
ajfa-10605	190	12	stock	stock	NOUN
ajfa-10605	190	13	investment	investment	NOUN
ajfa-10605	190	14	.	.	PUNCT
ajfa-10605	191	1	quarterly	quarterly	ADJ
ajfa-10605	191	2	journal	journal	NOUN
ajfa-10605	191	3	of	of	ADP
ajfa-10605	191	4	economics	economic	NOUN
ajfa-10605	191	5	,	,	PUNCT
ajfa-10605	191	6	261	261	NUM
ajfa-10605	191	7	-	-	SYM
ajfa-10605	191	8	292	292	NUM
ajfa-10605	191	9	.	.	PUNCT
ajfa-10605	192	1	https://doi.org/10.1162/003355301556400	https://doi.org/10.1162/003355301556400	NOUN
ajfa-10605	192	2	barber	barber	PROPN
ajfa-10605	192	3	,	,	PUNCT
ajfa-10605	192	4	b.	b.	PROPN
ajfa-10605	192	5	m.	m.	PROPN
ajfa-10605	192	6	,	,	PUNCT
ajfa-10605	192	7	odean	odean	ADJ
ajfa-10605	192	8	,	,	PUNCT
ajfa-10605	192	9	t.	t.	PROPN
ajfa-10605	192	10	,	,	PUNCT
ajfa-10605	192	11	&	&	CCONJ
ajfa-10605	192	12	zhu	zhu	PROPN
ajfa-10605	192	13	,	,	PUNCT
ajfa-10605	192	14	n.	n.	PROPN
ajfa-10605	192	15	(	(	PUNCT
ajfa-10605	192	16	2009	2009	NUM
ajfa-10605	192	17	)	)	PUNCT
ajfa-10605	192	18	.	.	PUNCT
ajfa-10605	193	1	do	do	AUX
ajfa-10605	193	2	retail	retail	ADJ
ajfa-10605	193	3	trades	trade	NOUN
ajfa-10605	193	4	move	move	VERB
ajfa-10605	193	5	markets	market	NOUN
ajfa-10605	193	6	?	?	PUNCT
ajfa-10605	193	7	,	,	PUNCT
ajfa-10605	193	8	review	review	NOUN
ajfa-10605	193	9	of	of	ADP
ajfa-10605	193	10	financial	financial	ADJ
ajfa-10605	193	11	studies	study	NOUN
ajfa-10605	193	12	,	,	PUNCT
ajfa-10605	193	13	22(1	22(1	NUM
ajfa-10605	193	14	)	)	PUNCT
ajfa-10605	193	15	,	,	PUNCT
ajfa-10605	193	16	151	151	NUM
ajfa-10605	193	17	-	-	SYM
ajfa-10605	193	18	186	186	NUM
ajfa-10605	193	19	.	.	PUNCT
ajfa-10605	194	1	https://doi.org/10.1093/rfs/hhn035	https://doi.org/10.1093/rfs/hhn035	PROPN
ajfa-10605	194	2	barberis	barberis	PROPN
ajfa-10605	194	3	,	,	PUNCT
ajfa-10605	194	4	n.	n.	NOUN
ajfa-10605	194	5	,	,	PUNCT
ajfa-10605	194	6	&	&	CCONJ
ajfa-10605	194	7	huang	huang	PROPN
ajfa-10605	194	8	,	,	PUNCT
ajfa-10605	194	9	m.	m.	NOUN
ajfa-10605	194	10	(	(	PUNCT
ajfa-10605	194	11	2001	2001	NUM
ajfa-10605	194	12	)	)	PUNCT
ajfa-10605	194	13	.	.	PUNCT
ajfa-10605	195	1	mental	mental	ADJ
ajfa-10605	195	2	accounting	accounting	NOUN
ajfa-10605	195	3	,	,	PUNCT
ajfa-10605	195	4	loss	loss	NOUN
ajfa-10605	195	5	aversion	aversion	NOUN
ajfa-10605	195	6	,	,	PUNCT
ajfa-10605	195	7	and	and	CCONJ
ajfa-10605	195	8	individual	individual	ADJ
ajfa-10605	195	9	stock	stock	NOUN
ajfa-10605	195	10	returns	return	NOUN
ajfa-10605	195	11	.	.	PUNCT
ajfa-10605	196	1	the	the	DET
ajfa-10605	196	2	journal	journal	NOUN
ajfa-10605	196	3	of	of	ADP
ajfa-10605	196	4	finance	finance	NOUN
ajfa-10605	196	5	,	,	PUNCT
ajfa-10605	196	6	56(4	56(4	NOUN
ajfa-10605	196	7	)	)	PUNCT
ajfa-10605	196	8	,	,	PUNCT
ajfa-10605	196	9	1247	1247	NUM
ajfa-10605	196	10	-	-	SYM
ajfa-10605	196	11	1292	1292	NUM
ajfa-10605	196	12	.	.	PUNCT
ajfa-10605	197	1	https://doi.org/10.1111/0022-1082.00367	https://doi.org/10.1111/0022-1082.00367	PROPN
ajfa-10605	197	2	barberis	barberis	PROPN
ajfa-10605	197	3	,	,	PUNCT
ajfa-10605	197	4	n.	n.	NOUN
ajfa-10605	197	5	,	,	PUNCT
ajfa-10605	197	6	&	&	CCONJ
ajfa-10605	197	7	thaler	thaler	PROPN
ajfa-10605	197	8	,	,	PUNCT
ajfa-10605	197	9	r.	r.	PROPN
ajfa-10605	197	10	(	(	PUNCT
ajfa-10605	197	11	2003	2003	NUM
ajfa-10605	197	12	)	)	PUNCT
ajfa-10605	197	13	.	.	PUNCT
ajfa-10605	198	1	a	a	DET
ajfa-10605	198	2	survey	survey	NOUN
ajfa-10605	198	3	of	of	ADP
ajfa-10605	198	4	behavioral	behavioral	ADJ
ajfa-10605	198	5	finance	finance	NOUN
ajfa-10605	198	6	.	.	PUNCT
ajfa-10605	199	1	handbook	handbook	NOUN
ajfa-10605	199	2	of	of	ADP
ajfa-10605	199	3	the	the	DET
ajfa-10605	199	4	economics	economic	NOUN
ajfa-10605	199	5	of	of	ADP
ajfa-10605	199	6	finance	finance	NOUN
ajfa-10605	199	7	,	,	PUNCT
ajfa-10605	199	8	1	1	NUM
ajfa-10605	199	9	,	,	PUNCT
ajfa-10605	199	10	1053	1053	NUM
ajfa-10605	199	11	-	-	SYM
ajfa-10605	199	12	1128	1128	NUM
ajfa-10605	199	13	.	.	PUNCT
ajfa-10605	200	1	https://doi.org/10.1016/s1574-0102(03)01027-6	https://doi.org/10.1016/s1574-0102(03)01027-6	PROPN
ajfa-10605	200	2	bikhchandani	bikhchandani	PROPN
ajfa-10605	200	3	,	,	PUNCT
ajfa-10605	200	4	s.	s.	PROPN
ajfa-10605	200	5	,	,	PUNCT
ajfa-10605	200	6	&	&	CCONJ
ajfa-10605	200	7	sharma	sharma	PROPN
ajfa-10605	200	8	,	,	PUNCT
ajfa-10605	200	9	s.	s.	PROPN
ajfa-10605	200	10	(	(	PUNCT
ajfa-10605	200	11	2000	2000	NUM
ajfa-10605	200	12	)	)	PUNCT
ajfa-10605	200	13	.	.	PUNCT
ajfa-10605	201	1	herd	herd	NOUN
ajfa-10605	201	2	behavior	behavior	NOUN
ajfa-10605	201	3	in	in	ADP
ajfa-10605	201	4	financial	financial	ADJ
ajfa-10605	201	5	markets	market	NOUN
ajfa-10605	201	6	.	.	PUNCT
ajfa-10605	202	1	imf	imf	PROPN
ajfa-10605	202	2	economic	economic	PROPN
ajfa-10605	202	3	review	review	PROPN
ajfa-10605	202	4	,	,	PUNCT
ajfa-10605	202	5	47(3	47(3	NOUN
ajfa-10605	202	6	)	)	PUNCT
ajfa-10605	202	7	,	,	PUNCT
ajfa-10605	202	8	279	279	NUM
ajfa-10605	202	9	-	-	SYM
ajfa-10605	202	10	310	310	NUM
ajfa-10605	202	11	.	.	PUNCT
ajfa-10605	203	1	chiang	chiang	PROPN
ajfa-10605	203	2	,	,	PUNCT
ajfa-10605	203	3	t.	t.	PROPN
ajfa-10605	203	4	c.	c.	PROPN
ajfa-10605	203	5	,	,	PUNCT
ajfa-10605	203	6	&	&	CCONJ
ajfa-10605	203	7	zheng	zheng	PROPN
ajfa-10605	203	8	,	,	PUNCT
ajfa-10605	203	9	d.	d.	PROPN
ajfa-10605	203	10	(	(	PUNCT
ajfa-10605	203	11	2010	2010	NUM
ajfa-10605	203	12	)	)	PUNCT
ajfa-10605	203	13	.	.	PUNCT
ajfa-10605	204	1	an	an	DET
ajfa-10605	204	2	empirical	empirical	ADJ
ajfa-10605	204	3	analysis	analysis	NOUN
ajfa-10605	204	4	of	of	ADP
ajfa-10605	204	5	herd	herd	NOUN
ajfa-10605	204	6	behavior	behavior	NOUN
ajfa-10605	204	7	in	in	ADP
ajfa-10605	204	8	global	global	ADJ
ajfa-10605	204	9	stock	stock	NOUN
ajfa-10605	204	10	markets	market	NOUN
ajfa-10605	204	11	.	.	PUNCT
ajfa-10605	205	1	journal	journal	NOUN
ajfa-10605	205	2	of	of	ADP
ajfa-10605	205	3	banking	banking	NOUN
ajfa-10605	205	4	&	&	CCONJ
ajfa-10605	205	5	finance	finance	PROPN
ajfa-10605	205	6	,	,	PUNCT
ajfa-10605	205	7	34(8	34(8	NUM
ajfa-10605	205	8	)	)	PUNCT
ajfa-10605	205	9	,	,	PUNCT
ajfa-10605	205	10	1911	1911	NUM
ajfa-10605	205	11	-	-	SYM
ajfa-10605	205	12	1921	1921	NUM
ajfa-10605	205	13	.	.	PUNCT
ajfa-10605	206	1	https://doi.org/10.1016/j.jbankfin.2009.12.014	https://doi.org/10.1016/j.jbankfin.2009.12.014	NOUN
ajfa-10605	206	2	de	de	X
ajfa-10605	206	3	bondt	bondt	PROPN
ajfa-10605	206	4	,	,	PUNCT
ajfa-10605	206	5	w.	w.	PROPN
ajfa-10605	206	6	f.	f.	PROPN
ajfa-10605	206	7	,	,	PUNCT
ajfa-10605	206	8	&	&	CCONJ
ajfa-10605	206	9	thaler	thaler	PROPN
ajfa-10605	206	10	,	,	PUNCT
ajfa-10605	206	11	r.	r.	PROPN
ajfa-10605	206	12	h.	h.	PROPN
ajfa-10605	206	13	(	(	PUNCT
ajfa-10605	206	14	1995	1995	NUM
ajfa-10605	206	15	)	)	PUNCT
ajfa-10605	206	16	.	.	PUNCT
ajfa-10605	207	1	financial	financial	ADJ
ajfa-10605	207	2	decision	decision	NOUN
ajfa-10605	207	3	-	-	PUNCT
ajfa-10605	207	4	making	making	NOUN
ajfa-10605	207	5	in	in	ADP
ajfa-10605	207	6	markets	market	NOUN
ajfa-10605	207	7	and	and	CCONJ
ajfa-10605	207	8	firms	firm	NOUN
ajfa-10605	207	9	:	:	PUNCT
ajfa-10605	207	10	a	a	DET
ajfa-10605	207	11	behavioral	behavioral	ADJ
ajfa-10605	207	12	perspective	perspective	NOUN
ajfa-10605	207	13	.	.	PUNCT
ajfa-10605	208	1	handbooks	handbook	NOUN
ajfa-10605	208	2	in	in	ADP
ajfa-10605	208	3	operations	operation	NOUN
ajfa-10605	208	4	research	research	NOUN
ajfa-10605	208	5	and	and	CCONJ
ajfa-10605	208	6	management	management	NOUN
ajfa-10605	208	7	science	science	NOUN
ajfa-10605	208	8	,	,	PUNCT
ajfa-10605	208	9	9	9	NUM
ajfa-10605	208	10	,	,	PUNCT
ajfa-10605	208	11	385	385	NUM
ajfa-10605	208	12	-	-	SYM
ajfa-10605	208	13	410	410	NUM
ajfa-10605	208	14	.	.	PUNCT
ajfa-10605	209	1	https://doi.org/10.1016/s0927-0507(05)80057-x	https://doi.org/10.1016/s0927-0507(05)80057-x	PROPN
ajfa-10605	209	2	evans	evans	PROPN
ajfa-10605	209	3	,	,	PUNCT
ajfa-10605	209	4	d.	d.	PROPN
ajfa-10605	209	5	a.	a.	PROPN
ajfa-10605	209	6	(	(	PUNCT
ajfa-10605	209	7	2006	2006	NUM
ajfa-10605	209	8	)	)	PUNCT
ajfa-10605	209	9	.	.	PUNCT
ajfa-10605	210	1	subject	subject	ADJ
ajfa-10605	210	2	perceptions	perception	NOUN
ajfa-10605	210	3	of	of	ADP
ajfa-10605	210	4	confidence	confidence	NOUN
ajfa-10605	210	5	and	and	CCONJ
ajfa-10605	210	6	predictive	predictive	ADJ
ajfa-10605	210	7	validity	validity	NOUN
ajfa-10605	210	8	in	in	ADP
ajfa-10605	210	9	financial	financial	ADJ
ajfa-10605	210	10	information	information	NOUN
ajfa-10605	210	11	cues	cue	NOUN
ajfa-10605	210	12	.	.	PUNCT
ajfa-10605	211	1	the	the	DET
ajfa-10605	211	2	journal	journal	NOUN
ajfa-10605	211	3	of	of	ADP
ajfa-10605	211	4	behavioral	behavioral	ADJ
ajfa-10605	211	5	finance	finance	NOUN
ajfa-10605	211	6	,	,	PUNCT
ajfa-10605	211	7	7(1	7(1	NUM
ajfa-10605	211	8	)	)	PUNCT
ajfa-10605	211	9	,	,	PUNCT
ajfa-10605	211	10	12	12	NUM
ajfa-10605	211	11	-	-	SYM
ajfa-10605	211	12	28	28	NUM
ajfa-10605	211	13	.	.	PUNCT
ajfa-10605	212	1	https://doi.org/10.1207/s15427579jpfm0701_3	https://doi.org/10.1207/s15427579jpfm0701_3	ADJ
ajfa-10605	212	2	fromlet	fromlet	NOUN
ajfa-10605	212	3	,	,	PUNCT
ajfa-10605	212	4	h.	h.	PROPN
ajfa-10605	212	5	(	(	PUNCT
ajfa-10605	212	6	2001	2001	NUM
ajfa-10605	212	7	)	)	PUNCT
ajfa-10605	212	8	.	.	PUNCT
ajfa-10605	213	1	behavioral	behavioral	ADJ
ajfa-10605	213	2	finance	finance	NOUN
ajfa-10605	213	3	-	-	PUNCT
ajfa-10605	213	4	theory	theory	NOUN
ajfa-10605	213	5	and	and	CCONJ
ajfa-10605	213	6	practical	practical	ADJ
ajfa-10605	213	7	application	application	NOUN
ajfa-10605	213	8	:	:	PUNCT
ajfa-10605	213	9	systematic	systematic	ADJ
ajfa-10605	213	10	analysis	analysis	NOUN
ajfa-10605	213	11	of	of	ADP
ajfa-10605	213	12	departures	departure	NOUN
ajfa-10605	213	13	from	from	ADP
ajfa-10605	213	14	the	the	DET
ajfa-10605	213	15	homo	homo	NOUN
ajfa-10605	213	16	oeconomicus	oeconomicus	NOUN
ajfa-10605	213	17	paradigm	paradigm	NOUN
ajfa-10605	213	18	are	be	AUX
ajfa-10605	213	19	essential	essential	ADJ
ajfa-10605	213	20	for	for	ADP
ajfa-10605	213	21	realistic	realistic	ADJ
ajfa-10605	213	22	financial	financial	ADJ
ajfa-10605	213	23	research	research	NOUN
ajfa-10605	213	24	and	and	CCONJ
ajfa-10605	213	25	analysis	analysis	NOUN
ajfa-10605	213	26	.	.	PUNCT
ajfa-10605	214	1	business	business	NOUN
ajfa-10605	214	2	economics	economic	NOUN
ajfa-10605	214	3	,	,	PUNCT
ajfa-10605	214	4	63	63	NUM
ajfa-10605	214	5	-	-	SYM
ajfa-10605	214	6	69	69	NUM
ajfa-10605	214	7	.	.	PUNCT
ajfa-10605	215	1	gervais	gervais	PROPN
ajfa-10605	215	2	,	,	PUNCT
ajfa-10605	215	3	s.	s.	PROPN
ajfa-10605	215	4	,	,	PUNCT
ajfa-10605	215	5	heaton	heaton	PROPN
ajfa-10605	215	6	,	,	PUNCT
ajfa-10605	215	7	j.	j.	PROPN
ajfa-10605	215	8	,	,	PUNCT
ajfa-10605	215	9	&	&	CCONJ
ajfa-10605	215	10	odean	odean	ADJ
ajfa-10605	215	11	,	,	PUNCT
ajfa-10605	215	12	t.	t.	PROPN
ajfa-10605	215	13	(	(	PUNCT
ajfa-10605	215	14	2002	2002	NUM
ajfa-10605	215	15	)	)	PUNCT
ajfa-10605	215	16	.	.	PUNCT
ajfa-10605	216	1	the	the	DET
ajfa-10605	216	2	positive	positive	ADJ
ajfa-10605	216	3	role	role	NOUN
ajfa-10605	216	4	of	of	ADP
ajfa-10605	216	5	overconfidence	overconfidence	NOUN
ajfa-10605	216	6	and	and	CCONJ
ajfa-10605	216	7	optimism	optimism	NOUN
ajfa-10605	216	8	in	in	ADP
ajfa-10605	216	9	investment	investment	NOUN
ajfa-10605	216	10	policy	policy	NOUN
ajfa-10605	216	11	.	.	PUNCT
ajfa-10605	217	1	rodney	rodney	PROPN
ajfa-10605	217	2	l	l	PROPN
ajfa-10605	217	3	white	white	PROPN
ajfa-10605	217	4	center	center	PROPN
ajfa-10605	217	5	for	for	ADP
ajfa-10605	217	6	financial	financial	ADJ
ajfa-10605	217	7	research	research	NOUN
ajfa-10605	217	8	-	-	PUNCT
ajfa-10605	217	9	working	work	VERB
ajfa-10605	217	10	papers	paper	NOUN
ajfa-10605	217	11	.	.	PUNCT
ajfa-10605	218	1	asian	asian	ADJ
ajfa-10605	218	2	journal	journal	PROPN
ajfa-10605	218	3	of	of	ADP
ajfa-10605	218	4	finance	finance	PROPN
ajfa-10605	218	5	&	&	CCONJ
ajfa-10605	218	6	accounting	accounting	PROPN
ajfa-10605	218	7	issn	issn	PROPN
ajfa-10605	218	8	1946	1946	NUM
ajfa-10605	218	9	-	-	PUNCT
ajfa-10605	218	10	052x	052x	PROPN
ajfa-10605	218	11	2017	2017	NUM
ajfa-10605	218	12	,	,	PUNCT
ajfa-10605	218	13	vol	vol	NOUN
ajfa-10605	218	14	.	.	NOUN
ajfa-10605	218	15	9	9	NUM
ajfa-10605	218	16	,	,	PUNCT
ajfa-10605	218	17	no	no	INTJ
ajfa-10605	218	18	.	.	NOUN
ajfa-10605	218	19	1	1	NUM
ajfa-10605	218	20	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-10605	218	21	165	165	NUM
ajfa-10605	218	22	grinblatt	grinblatt	NOUN
ajfa-10605	218	23	,	,	PUNCT
ajfa-10605	218	24	m.	m.	NOUN
ajfa-10605	218	25	,	,	PUNCT
ajfa-10605	218	26	&	&	CCONJ
ajfa-10605	218	27	han	han	PROPN
ajfa-10605	218	28	,	,	PUNCT
ajfa-10605	218	29	b.	b.	PROPN
ajfa-10605	218	30	(	(	PUNCT
ajfa-10605	218	31	2002	2002	NUM
ajfa-10605	218	32	)	)	PUNCT
ajfa-10605	218	33	.	.	PUNCT
ajfa-10605	219	1	the	the	DET
ajfa-10605	219	2	disposition	disposition	NOUN
ajfa-10605	219	3	effect	effect	NOUN
ajfa-10605	219	4	and	and	CCONJ
ajfa-10605	219	5	momentum	momentum	NOUN
ajfa-10605	219	6	.	.	PUNCT
ajfa-10605	220	1	retrieved	retrieve	VERB
ajfa-10605	220	2	from	from	ADP
ajfa-10605	220	3	lai	lai	PROPN
ajfa-10605	220	4	,	,	PUNCT
ajfa-10605	220	5	m.-m	m.-m	PROPN
ajfa-10605	220	6	.	.	PROPN
ajfa-10605	220	7	,	,	PUNCT
ajfa-10605	220	8	low	low	ADJ
ajfa-10605	220	9	,	,	PUNCT
ajfa-10605	220	10	k.	k.	PROPN
ajfa-10605	220	11	,	,	PUNCT
ajfa-10605	220	12	&	&	CCONJ
ajfa-10605	220	13	lai	lai	PROPN
ajfa-10605	220	14	,	,	PUNCT
ajfa-10605	220	15	m.-l	m.-l	PROPN
ajfa-10605	220	16	.	.	PUNCT
ajfa-10605	221	1	(	(	PUNCT
ajfa-10605	221	2	2001	2001	NUM
ajfa-10605	221	3	)	)	PUNCT
ajfa-10605	221	4	.	.	PUNCT
ajfa-10605	222	1	are	be	AUX
ajfa-10605	222	2	malaysian	malaysian	ADJ
ajfa-10605	222	3	investors	investor	NOUN
ajfa-10605	222	4	rational	rational	ADJ
ajfa-10605	222	5	?	?	PUNCT
ajfa-10605	223	1	the	the	DET
ajfa-10605	223	2	journal	journal	NOUN
ajfa-10605	223	3	of	of	ADP
ajfa-10605	223	4	psychology	psychology	NOUN
ajfa-10605	223	5	and	and	CCONJ
ajfa-10605	223	6	financial	financial	ADJ
ajfa-10605	223	7	markets	market	NOUN
ajfa-10605	223	8	,	,	PUNCT
ajfa-10605	223	9	2(4	2(4	NUM
ajfa-10605	223	10	)	)	PUNCT
ajfa-10605	223	11	,	,	PUNCT
ajfa-10605	223	12	210	210	NUM
ajfa-10605	223	13	-	-	SYM
ajfa-10605	223	14	215	215	NUM
ajfa-10605	223	15	.	.	PUNCT
ajfa-10605	224	1	hwang	hwang	PROPN
ajfa-10605	224	2	,	,	PUNCT
ajfa-10605	224	3	s.	s.	PROPN
ajfa-10605	224	4	,	,	PUNCT
ajfa-10605	224	5	&	&	CCONJ
ajfa-10605	224	6	salmon	salmon	PROPN
ajfa-10605	224	7	,	,	PUNCT
ajfa-10605	224	8	m.	m.	NOUN
ajfa-10605	224	9	(	(	PUNCT
ajfa-10605	224	10	2004	2004	NUM
ajfa-10605	224	11	)	)	PUNCT
ajfa-10605	224	12	.	.	PUNCT
ajfa-10605	225	1	market	market	NOUN
ajfa-10605	225	2	stress	stress	NOUN
ajfa-10605	225	3	and	and	CCONJ
ajfa-10605	225	4	herding	herding	NOUN
ajfa-10605	225	5	.	.	PUNCT
ajfa-10605	226	1	journal	journal	PROPN
ajfa-10605	226	2	of	of	ADP
ajfa-10605	226	3	empirical	empirical	ADJ
ajfa-10605	226	4	finance	finance	NOUN
ajfa-10605	226	5	,	,	PUNCT
ajfa-10605	226	6	11(4	11(4	NUM
ajfa-10605	226	7	)	)	PUNCT
ajfa-10605	226	8	,	,	PUNCT
ajfa-10605	226	9	585	585	NUM
ajfa-10605	226	10	-	-	SYM
ajfa-10605	226	11	616	616	NUM
ajfa-10605	226	12	.	.	PUNCT
ajfa-10605	227	1	https://doi.org/10.1016/j.jempfin.2004.04.003	https://doi.org/10.1016/j.jempfin.2004.04.003	PROPN
ajfa-10605	227	2	kahneman	kahneman	NOUN
ajfa-10605	227	3	,	,	PUNCT
ajfa-10605	227	4	d.	d.	PROPN
ajfa-10605	227	5	,	,	PUNCT
ajfa-10605	227	6	&	&	CCONJ
ajfa-10605	227	7	tversky	tversky	PROPN
ajfa-10605	227	8	,	,	PUNCT
ajfa-10605	227	9	a.	a.	NOUN
ajfa-10605	227	10	(	(	PUNCT
ajfa-10605	227	11	1979	1979	NUM
ajfa-10605	227	12	)	)	PUNCT
ajfa-10605	227	13	.	.	PUNCT
ajfa-10605	228	1	prospect	prospect	PROPN
ajfa-10605	228	2	theory	theory	NOUN
ajfa-10605	228	3	:	:	PUNCT
ajfa-10605	228	4	an	an	DET
ajfa-10605	228	5	analysis	analysis	NOUN
ajfa-10605	228	6	of	of	ADP
ajfa-10605	228	7	decision	decision	NOUN
ajfa-10605	228	8	under	under	ADP
ajfa-10605	228	9	risk	risk	NOUN
ajfa-10605	228	10	.	.	PUNCT
ajfa-10605	229	1	econometrica	econometrica	PROPN
ajfa-10605	229	2	:	:	PUNCT
ajfa-10605	229	3	journal	journal	NOUN
ajfa-10605	229	4	of	of	ADP
ajfa-10605	229	5	the	the	DET
ajfa-10605	229	6	econometric	econometric	ADJ
ajfa-10605	229	7	society	society	NOUN
ajfa-10605	229	8	,	,	PUNCT
ajfa-10605	229	9	263	263	NUM
ajfa-10605	229	10	-	-	SYM
ajfa-10605	229	11	291	291	NUM
ajfa-10605	229	12	.	.	PUNCT
ajfa-10605	230	1	https://doi.org/10.2307/1914185	https://doi.org/10.2307/1914185	NOUN
ajfa-10605	230	2	lehenkari	lehenkari	NOUN
ajfa-10605	230	3	,	,	PUNCT
ajfa-10605	230	4	m.	m.	NOUN
ajfa-10605	230	5	,	,	PUNCT
ajfa-10605	230	6	&	&	CCONJ
ajfa-10605	230	7	perttunen	perttunen	NOUN
ajfa-10605	230	8	,	,	PUNCT
ajfa-10605	230	9	j.	j.	PROPN
ajfa-10605	230	10	(	(	PUNCT
ajfa-10605	230	11	2004	2004	NUM
ajfa-10605	230	12	)	)	PUNCT
ajfa-10605	230	13	.	.	PUNCT
ajfa-10605	231	1	holding	hold	VERB
ajfa-10605	231	2	on	on	ADP
ajfa-10605	231	3	to	to	ADP
ajfa-10605	231	4	the	the	DET
ajfa-10605	231	5	losers	loser	NOUN
ajfa-10605	231	6	:	:	PUNCT
ajfa-10605	231	7	finnish	finnish	ADJ
ajfa-10605	231	8	evidence	evidence	NOUN
ajfa-10605	231	9	.	.	PUNCT
ajfa-10605	232	1	the	the	DET
ajfa-10605	232	2	journal	journal	NOUN
ajfa-10605	232	3	of	of	ADP
ajfa-10605	232	4	behavioral	behavioral	ADJ
ajfa-10605	232	5	finance	finance	NOUN
ajfa-10605	232	6	,	,	PUNCT
ajfa-10605	232	7	5(2	5(2	NUM
ajfa-10605	232	8	)	)	PUNCT
ajfa-10605	232	9	,	,	PUNCT
ajfa-10605	232	10	116	116	NUM
ajfa-10605	232	11	-	-	SYM
ajfa-10605	232	12	126	126	NUM
ajfa-10605	232	13	.	.	PUNCT
ajfa-10605	233	1	https://doi.org/10.1207/s15427579jpfm0502_5	https://doi.org/10.1207/s15427579jpfm0502_5	PROPN
ajfa-10605	233	2	oberlechner	oberlechner	NOUN
ajfa-10605	233	3	,	,	PUNCT
ajfa-10605	233	4	t.	t.	PROPN
ajfa-10605	233	5	,	,	PUNCT
ajfa-10605	233	6	&	&	CCONJ
ajfa-10605	233	7	osler	osler	PROPN
ajfa-10605	233	8	,	,	PUNCT
ajfa-10605	233	9	c.	c.	PROPN
ajfa-10605	233	10	l.	l.	PROPN
ajfa-10605	233	11	(	(	PUNCT
ajfa-10605	233	12	2008	2008	NUM
ajfa-10605	233	13	)	)	PUNCT
ajfa-10605	233	14	.	.	PUNCT
ajfa-10605	234	1	overconfidence	overconfidence	NOUN
ajfa-10605	234	2	in	in	ADP
ajfa-10605	234	3	currency	currency	NOUN
ajfa-10605	234	4	markets	market	NOUN
ajfa-10605	234	5	.	.	PUNCT
ajfa-10605	235	1	available	available	ADJ
ajfa-10605	235	2	at	at	ADP
ajfa-10605	235	3	ssrn	ssrn	PROPN
ajfa-10605	235	4	1108787	1108787	NUM
ajfa-10605	235	5	.	.	PUNCT
ajfa-10605	236	1	https://doi.org/10.2139/ssrn.1108787	https://doi.org/10.2139/ssrn.1108787	PROPN
ajfa-10605	236	2	odean	odean	PROPN
ajfa-10605	236	3	,	,	PUNCT
ajfa-10605	236	4	t.	t.	PROPN
ajfa-10605	236	5	(	(	PUNCT
ajfa-10605	236	6	1998	1998	NUM
ajfa-10605	236	7	)	)	PUNCT
ajfa-10605	236	8	.	.	PUNCT
ajfa-10605	237	1	are	be	AUX
ajfa-10605	237	2	investors	investor	NOUN
ajfa-10605	237	3	reluctant	reluctant	ADJ
ajfa-10605	237	4	to	to	PART
ajfa-10605	237	5	realize	realize	VERB
ajfa-10605	237	6	their	their	PRON
ajfa-10605	237	7	losses	loss	NOUN
ajfa-10605	237	8	?	?	PUNCT
ajfa-10605	238	1	the	the	DET
ajfa-10605	238	2	journal	journal	NOUN
ajfa-10605	238	3	of	of	ADP
ajfa-10605	238	4	finance	finance	NOUN
ajfa-10605	238	5	,	,	PUNCT
ajfa-10605	238	6	53(5	53(5	NUM
ajfa-10605	238	7	)	)	PUNCT
ajfa-10605	238	8	,	,	PUNCT
ajfa-10605	238	9	1775	1775	NUM
ajfa-10605	238	10	-	-	SYM
ajfa-10605	238	11	1798	1798	NUM
ajfa-10605	238	12	.	.	PUNCT
ajfa-10605	239	1	https://doi.org/10.1111/0022-1082.00072	https://doi.org/10.1111/0022-1082.00072	PROPN
ajfa-10605	239	2	olsen	olsen	PROPN
ajfa-10605	239	3	,	,	PUNCT
ajfa-10605	239	4	r.	r.	PROPN
ajfa-10605	239	5	a.	a.	PROPN
ajfa-10605	239	6	(	(	PUNCT
ajfa-10605	239	7	2007	2007	NUM
ajfa-10605	239	8	)	)	PUNCT
ajfa-10605	239	9	.	.	PUNCT
ajfa-10605	240	1	investors	investor	NOUN
ajfa-10605	240	2	'	'	PART
ajfa-10605	240	3	predisposition	predisposition	NOUN
ajfa-10605	240	4	for	for	ADP
ajfa-10605	240	5	annuities	annuity	NOUN
ajfa-10605	240	6	:	:	PUNCT
ajfa-10605	240	7	a	a	DET
ajfa-10605	240	8	psychological	psychological	ADJ
ajfa-10605	240	9	perspective	perspective	NOUN
ajfa-10605	240	10	.	.	PUNCT
ajfa-10605	241	1	journal	journal	NOUN
ajfa-10605	241	2	of	of	ADP
ajfa-10605	241	3	financial	financial	ADJ
ajfa-10605	241	4	service	service	NOUN
ajfa-10605	241	5	professionals	professional	NOUN
ajfa-10605	241	6	,	,	PUNCT
ajfa-10605	241	7	61(5	61(5	NUM
ajfa-10605	241	8	)	)	PUNCT
ajfa-10605	241	9	.	.	PUNCT
ajfa-10605	242	1	ritter	ritter	PROPN
ajfa-10605	242	2	,	,	PUNCT
ajfa-10605	242	3	j.	j.	PROPN
ajfa-10605	242	4	r.	r.	PROPN
ajfa-10605	242	5	(	(	PUNCT
ajfa-10605	242	6	2003	2003	NUM
ajfa-10605	242	7	)	)	PUNCT
ajfa-10605	242	8	.	.	PUNCT
ajfa-10605	243	1	behavioral	behavioral	ADJ
ajfa-10605	243	2	finance	finance	NOUN
ajfa-10605	243	3	.	.	PUNCT
ajfa-10605	244	1	pacific	pacific	ADJ
ajfa-10605	244	2	-	-	PUNCT
ajfa-10605	244	3	basin	basin	NOUN
ajfa-10605	244	4	finance	finance	NOUN
ajfa-10605	244	5	journal	journal	NOUN
ajfa-10605	244	6	,	,	PUNCT
ajfa-10605	244	7	11(4	11(4	NUM
ajfa-10605	244	8	)	)	PUNCT
ajfa-10605	244	9	,	,	PUNCT
ajfa-10605	244	10	429	429	NUM
ajfa-10605	244	11	-	-	SYM
ajfa-10605	244	12	437	437	NUM
ajfa-10605	244	13	.	.	PUNCT
ajfa-10605	245	1	https://doi.org/10.1016/s0927-538x(03)00048-9	https://doi.org/10.1016/s0927-538x(03)00048-9	ADJ
ajfa-10605	245	2	shefrin	shefrin	NOUN
ajfa-10605	245	3	,	,	PUNCT
ajfa-10605	245	4	h.	h.	PROPN
ajfa-10605	245	5	(	(	PUNCT
ajfa-10605	245	6	2000	2000	NUM
ajfa-10605	245	7	)	)	PUNCT
ajfa-10605	245	8	.	.	PUNCT
ajfa-10605	246	1	beyond	beyond	ADP
ajfa-10605	246	2	greed	greed	NOUN
ajfa-10605	246	3	and	and	CCONJ
ajfa-10605	246	4	fear	fear	VERB
ajfa-10605	246	5	harvard	harvard	PROPN
ajfa-10605	246	6	business	business	PROPN
ajfa-10605	246	7	school	school	PROPN
ajfa-10605	246	8	press	press	NOUN
ajfa-10605	246	9	:	:	PUNCT
ajfa-10605	246	10	boston	boston	PROPN
ajfa-10605	246	11	.	.	PROPN
ajfa-10605	246	12	shleifer	shleifer	PROPN
ajfa-10605	246	13	,	,	PUNCT
ajfa-10605	246	14	a.	a.	NOUN
ajfa-10605	246	15	(	(	PUNCT
ajfa-10605	246	16	2000	2000	NUM
ajfa-10605	246	17	)	)	PUNCT
ajfa-10605	246	18	.	.	PUNCT
ajfa-10605	247	1	inefficient	inefficient	ADJ
ajfa-10605	247	2	markets	market	NOUN
ajfa-10605	247	3	:	:	PUNCT
ajfa-10605	247	4	an	an	DET
ajfa-10605	247	5	introduction	introduction	NOUN
ajfa-10605	247	6	to	to	ADP
ajfa-10605	247	7	behavioural	behavioural	ADJ
ajfa-10605	247	8	finance	finance	NOUN
ajfa-10605	247	9	:	:	PUNCT
ajfa-10605	247	10	oup	oup	PROPN
ajfa-10605	247	11	oxford	oxford	PROPN
ajfa-10605	247	12	.	.	PUNCT
ajfa-10605	248	1	taylor	taylor	PROPN
ajfa-10605	248	2	,	,	PUNCT
ajfa-10605	248	3	s.	s.	PROPN
ajfa-10605	248	4	,	,	PUNCT
ajfa-10605	248	5	&	&	CCONJ
ajfa-10605	248	6	brown	brown	PROPN
ajfa-10605	248	7	,	,	PUNCT
ajfa-10605	248	8	j.	j.	PROPN
ajfa-10605	248	9	(	(	PUNCT
ajfa-10605	248	10	1988	1988	NUM
ajfa-10605	248	11	)	)	PUNCT
ajfa-10605	248	12	.	.	PUNCT
ajfa-10605	249	1	illusion	illusion	NOUN
ajfa-10605	249	2	and	and	CCONJ
ajfa-10605	249	3	well	well	ADV
ajfa-10605	249	4	-	-	PUNCT
ajfa-10605	249	5	being	being	NOUN
ajfa-10605	249	6	:	:	PUNCT
ajfa-10605	249	7	a	a	DET
ajfa-10605	249	8	social	social	ADJ
ajfa-10605	249	9	psychological	psychological	ADJ
ajfa-10605	249	10	perspective	perspective	NOUN
ajfa-10605	249	11	on	on	ADP
ajfa-10605	249	12	mental	mental	ADJ
ajfa-10605	249	13	health	health	NOUN
ajfa-10605	249	14	.	.	PUNCT
ajfa-10605	250	1	psychological	psychological	ADJ
ajfa-10605	250	2	bulletin	bulletin	NOUN
ajfa-10605	250	3	,	,	PUNCT
ajfa-10605	250	4	103(2	103(2	NUM
ajfa-10605	250	5	)	)	PUNCT
ajfa-10605	250	6	,	,	PUNCT
ajfa-10605	250	7	193	193	NUM
ajfa-10605	250	8	.	.	PUNCT
ajfa-10605	251	1	https://doi.org/10.1037/0033-2909.103.2.193	https://doi.org/10.1037/0033-2909.103.2.193	NOUN
ajfa-10605	251	2	tversky	tversky	NOUN
ajfa-10605	251	3	,	,	PUNCT
ajfa-10605	251	4	a.	a.	NOUN
ajfa-10605	251	5	,	,	PUNCT
ajfa-10605	251	6	&	&	CCONJ
ajfa-10605	251	7	kahneman	kahneman	PROPN
ajfa-10605	251	8	,	,	PUNCT
ajfa-10605	251	9	d.	d.	PROPN
ajfa-10605	251	10	(	(	PUNCT
ajfa-10605	251	11	1975	1975	NUM
ajfa-10605	251	12	)	)	PUNCT
ajfa-10605	251	13	.	.	PUNCT
ajfa-10605	252	1	judgment	judgment	NOUN
ajfa-10605	252	2	under	under	ADP
ajfa-10605	252	3	uncertainty	uncertainty	NOUN
ajfa-10605	252	4	:	:	PUNCT
ajfa-10605	252	5	heuristics	heuristic	NOUN
ajfa-10605	252	6	and	and	CCONJ
ajfa-10605	252	7	biases	bias	NOUN
ajfa-10605	252	8	,	,	PUNCT
ajfa-10605	252	9	utility	utility	NOUN
ajfa-10605	252	10	,	,	PUNCT
ajfa-10605	252	11	probability	probability	NOUN
ajfa-10605	252	12	,	,	PUNCT
ajfa-10605	252	13	and	and	CCONJ
ajfa-10605	252	14	human	human	ADJ
ajfa-10605	252	15	decision	decision	NOUN
ajfa-10605	252	16	making	making	NOUN
ajfa-10605	252	17	(	(	PUNCT
ajfa-10605	252	18	pp	pp	ADJ
ajfa-10605	252	19	.	.	PUNCT
ajfa-10605	253	1	141	141	NUM
ajfa-10605	253	2	-	-	SYM
ajfa-10605	253	3	162	162	NUM
ajfa-10605	253	4	):	):	PUNCT
ajfa-10605	253	5	springer	springer	NOUN
ajfa-10605	253	6	.	.	PUNCT
ajfa-10605	254	1	https://doi.org/10.1007/978-94-010-1834-0_8	https://doi.org/10.1007/978-94-010-1834-0_8	PROPN
ajfa-10605	254	2	wameryd	wameryd	PROPN
ajfa-10605	254	3	,	,	PUNCT
ajfa-10605	254	4	k.-e	k.-e	PROPN
ajfa-10605	254	5	.	.	PUNCT
ajfa-10605	255	1	(	(	PUNCT
ajfa-10605	255	2	2001	2001	NUM
ajfa-10605	255	3	)	)	PUNCT
ajfa-10605	255	4	.	.	PUNCT
ajfa-10605	256	1	stock	stock	NOUN
ajfa-10605	256	2	-	-	PUNCT
ajfa-10605	256	3	market	market	NOUN
ajfa-10605	256	4	psychology	psychology	NOUN
ajfa-10605	256	5	:	:	PUNCT
ajfa-10605	256	6	how	how	SCONJ
ajfa-10605	256	7	people	people	NOUN
ajfa-10605	256	8	value	value	VERB
ajfa-10605	256	9	and	and	CCONJ
ajfa-10605	256	10	trade	trade	NOUN
ajfa-10605	256	11	stocks	stock	NOUN
ajfa-10605	256	12	.	.	PUNCT
ajfa-10605	257	1	northampton	northampton	PROPN
ajfa-10605	257	2	.	.	PUNCT
ajfa-10605	258	1	usa	usa	PROPN
ajfa-10605	258	2	:	:	PUNCT
ajfa-10605	258	3	ma	ma	PROPN
ajfa-10605	258	4	:	:	PUNCT
ajfa-10605	258	5	edward	edward	PROPN
ajfa-10605	258	6	elgar	elgar	PROPN
ajfa-10605	258	7	.	.	PUNCT
ajfa-10605	259	1	waweru	waweru	PROPN
ajfa-10605	259	2	,	,	PUNCT
ajfa-10605	259	3	n.	n.	PROPN
ajfa-10605	259	4	m.	m.	NOUN
ajfa-10605	259	5	,	,	PUNCT
ajfa-10605	259	6	munyoki	munyoki	PROPN
ajfa-10605	259	7	,	,	PUNCT
ajfa-10605	259	8	e.	e.	PROPN
ajfa-10605	259	9	,	,	PUNCT
ajfa-10605	259	10	&	&	CCONJ
ajfa-10605	259	11	uliana	uliana	PROPN
ajfa-10605	259	12	,	,	PUNCT
ajfa-10605	259	13	e.	e.	PROPN
ajfa-10605	259	14	(	(	PUNCT
ajfa-10605	259	15	2008	2008	NUM
ajfa-10605	259	16	)	)	PUNCT
ajfa-10605	259	17	.	.	PUNCT
ajfa-10605	260	1	the	the	DET
ajfa-10605	260	2	effects	effect	NOUN
ajfa-10605	260	3	of	of	ADP
ajfa-10605	260	4	behavioural	behavioural	ADJ
ajfa-10605	260	5	factors	factor	NOUN
ajfa-10605	260	6	in	in	ADP
ajfa-10605	260	7	investment	investment	NOUN
ajfa-10605	260	8	decision	decision	NOUN
ajfa-10605	260	9	-	-	PUNCT
ajfa-10605	260	10	making	making	NOUN
ajfa-10605	260	11	:	:	PUNCT
ajfa-10605	260	12	a	a	DET
ajfa-10605	260	13	survey	survey	NOUN
ajfa-10605	260	14	of	of	ADP
ajfa-10605	260	15	institutional	institutional	ADJ
ajfa-10605	260	16	investors	investor	NOUN
ajfa-10605	260	17	operating	operate	VERB
ajfa-10605	260	18	at	at	ADP
ajfa-10605	260	19	the	the	DET
ajfa-10605	260	20	nairobi	nairobi	PROPN
ajfa-10605	260	21	stock	stock	PROPN
ajfa-10605	260	22	exchange	exchange	PROPN
ajfa-10605	260	23	.	.	PUNCT
ajfa-10605	261	1	international	international	ADJ
ajfa-10605	261	2	journal	journal	PROPN
ajfa-10605	261	3	of	of	ADP
ajfa-10605	261	4	business	business	NOUN
ajfa-10605	261	5	and	and	CCONJ
ajfa-10605	261	6	emerging	emerge	VERB
ajfa-10605	261	7	markets	market	NOUN
ajfa-10605	261	8	,	,	PUNCT
ajfa-10605	261	9	1(1	1(1	NUM
ajfa-10605	261	10	)	)	PUNCT
ajfa-10605	261	11	,	,	PUNCT
ajfa-10605	261	12	24	24	NUM
ajfa-10605	261	13	-	-	SYM
ajfa-10605	261	14	41	41	NUM
ajfa-10605	261	15	.	.	PUNCT
ajfa-10605	262	1	https://doi.org/10.1504/ijbem.2008.019243	https://doi.org/10.1504/ijbem.2008.019243	PROPN
ajfa-10605	262	2	copyright	copyright	NOUN
ajfa-10605	262	3	disclaimer	disclaimer	ADJ
ajfa-10605	262	4	copyright	copyright	NOUN
ajfa-10605	262	5	for	for	ADP
ajfa-10605	262	6	this	this	DET
ajfa-10605	262	7	article	article	NOUN
ajfa-10605	262	8	is	be	AUX
ajfa-10605	262	9	retained	retain	VERB
ajfa-10605	262	10	by	by	ADP
ajfa-10605	262	11	the	the	DET
ajfa-10605	262	12	author(s	author(s	PROPN
ajfa-10605	262	13	)	)	PUNCT
ajfa-10605	262	14	,	,	PUNCT
ajfa-10605	262	15	with	with	ADP
ajfa-10605	262	16	first	first	ADJ
ajfa-10605	262	17	publication	publication	NOUN
ajfa-10605	262	18	rights	right	NOUN
ajfa-10605	262	19	granted	grant	VERB
ajfa-10605	262	20	to	to	ADP
ajfa-10605	262	21	the	the	DET
ajfa-10605	262	22	journal	journal	NOUN
ajfa-10605	262	23	.	.	PUNCT
ajfa-10605	263	1	this	this	PRON
ajfa-10605	263	2	is	be	AUX
ajfa-10605	263	3	an	an	DET
ajfa-10605	263	4	open	open	ADJ
ajfa-10605	263	5	-	-	PUNCT
ajfa-10605	263	6	access	access	NOUN
ajfa-10605	263	7	article	article	NOUN
ajfa-10605	263	8	distributed	distribute	VERB
ajfa-10605	263	9	under	under	ADP
ajfa-10605	263	10	the	the	DET
ajfa-10605	263	11	terms	term	NOUN
ajfa-10605	263	12	and	and	CCONJ
ajfa-10605	263	13	conditions	condition	NOUN
ajfa-10605	263	14	of	of	ADP
ajfa-10605	263	15	the	the	DET
ajfa-10605	263	16	creative	creative	ADJ
ajfa-10605	263	17	commons	common	NOUN
ajfa-10605	263	18	attribution	attribution	NOUN
ajfa-10605	263	19	license	license	NOUN
ajfa-10605	263	20	(	(	PUNCT
ajfa-10605	263	21	http://creativecommons.org/licenses/by/3.0/	http://creativecommons.org/licenses/by/3.0/	PROPN
ajfa-10605	263	22	)	)	PUNCT
ajfa-10605	263	23	.	.	PUNCT