The role of internet in stock market

This dissertation introduces the concept of Internet Information and highlights its crucial role in stock market. At the beginning, I discuss the intrinsic relations between market efficiency and Internet Information and argue that Internet Information serves as a way of complementing the “data” for...

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Detalles Bibliográficos
Autor: Shen, Dehua
Tipo de recurso: tesis doctoral
Estado:Versión publicada
Fecha de publicación:2016
País:España
Institución:CBUC, CESCA
Repositorio:TDR. Tesis Doctorales en Red
OAI Identifier:oai:www.tdx.cat:10803/403439
Acceso en línea:http://hdl.handle.net/10803/403439
http://dx.doi.org/10.6035/14102.2016.612910
Access Level:acceso abierto
Palabra clave:internet information
stock market
Bolsa
internet
Ciències socials, periodisme i documentació
339
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spelling The role of internet in stock marketShen, Dehuainternet informationstock marketBolsainternetCiències socials, periodisme i documentació339This dissertation introduces the concept of Internet Information and highlights its crucial role in stock market. At the beginning, I discuss the intrinsic relations between market efficiency and Internet Information and argue that Internet Information serves as a way of complementing the “data” for understanding the dynamics of stock market. In chapter 2, I give an overview of stock market predictions using Internet Information and put forward some research directions. Naturally, four short essays are presented to illustrate the utilization of Internet Information. In particular, Chapter 3 employs the news appeared in the Internet as the proxy for the rate of information flow and examines the nature of the information-volatility relations. Chapter 4 demonstrates that the familiarity-based investment is driven by information with a unique online information interactive channel. Chapter 5 shows that the investor sentiment constructed by investor’s searching behavior can explain the excess comovement of stock returns. Chapter 6 illustrates the impact of happiness sentiment extracted from social media on stock market performance. In general, this dissertation addresses a timely important issue presented to us in this revolutionary information environment and takes an important step in highlighting the role of Internet Information in stock market.Programa de Doctorat en Economia i EmpresaUniversitat Jaume ITeglio, AndreaCincotti, SilvanoUniversitat Jaume I. Escola de Doctorat201720172016info:eu-repo/semantics/doctoralThesisinfo:eu-repo/semantics/publishedVersion118 p.application/pdfapplication/pdfhttp://hdl.handle.net/10803/403439http://dx.doi.org/10.6035/14102.2016.612910TDX (Tesis Doctorals en Xarxa)reponame:TDR. Tesis Doctorales en Redinstname:CBUC, CESCAInglésADVERTIMENT. L'accés als continguts d'aquesta tesi doctoral i la seva utilització ha de respectar els drets de la persona autora. Pot ser utilitzada per a consulta o estudi personal, així com en activitats o materials d'investigació i docència en els termes establerts a l'art. 32 del Text Refós de la Llei de Propietat Intel·lectual (RDL 1/1996). Per altres utilitzacions es requereix l'autorització prèvia i expressa de la persona autora. En qualsevol cas, en la utilització dels seus continguts caldrà indicar de forma clara el nom i cognoms de la persona autora i el títol de la tesi doctoral. No s'autoritza la seva reproducció o altres formes d'explotació efectuades amb finalitats de lucre ni la seva comunicació pública des d'un lloc aliè al servei TDX. Tampoc s'autoritza la presentació del seu contingut en una finestra o marc aliè a TDX (framing). Aquesta reserva de drets afecta tant als continguts de la tesi com als seus resums i índexs.info:eu-repo/semantics/openAccessoai:www.tdx.cat:10803/4034392026-06-14T12:46:07Z
dc.title.none.fl_str_mv The role of internet in stock market
title The role of internet in stock market
spellingShingle The role of internet in stock market
Shen, Dehua
internet information
stock market
Bolsa
internet
Ciències socials, periodisme i documentació
339
title_short The role of internet in stock market
title_full The role of internet in stock market
title_fullStr The role of internet in stock market
title_full_unstemmed The role of internet in stock market
title_sort The role of internet in stock market
dc.creator.none.fl_str_mv Shen, Dehua
author Shen, Dehua
author_facet Shen, Dehua
author_role author
dc.contributor.none.fl_str_mv Teglio, Andrea
Cincotti, Silvano
Universitat Jaume I. Escola de Doctorat
dc.subject.none.fl_str_mv internet information
stock market
Bolsa
internet
Ciències socials, periodisme i documentació
339
topic internet information
stock market
Bolsa
internet
Ciències socials, periodisme i documentació
339
description This dissertation introduces the concept of Internet Information and highlights its crucial role in stock market. At the beginning, I discuss the intrinsic relations between market efficiency and Internet Information and argue that Internet Information serves as a way of complementing the “data” for understanding the dynamics of stock market. In chapter 2, I give an overview of stock market predictions using Internet Information and put forward some research directions. Naturally, four short essays are presented to illustrate the utilization of Internet Information. In particular, Chapter 3 employs the news appeared in the Internet as the proxy for the rate of information flow and examines the nature of the information-volatility relations. Chapter 4 demonstrates that the familiarity-based investment is driven by information with a unique online information interactive channel. Chapter 5 shows that the investor sentiment constructed by investor’s searching behavior can explain the excess comovement of stock returns. Chapter 6 illustrates the impact of happiness sentiment extracted from social media on stock market performance. In general, this dissertation addresses a timely important issue presented to us in this revolutionary information environment and takes an important step in highlighting the role of Internet Information in stock market.
publishDate 2016
dc.date.none.fl_str_mv 2016
2017
2017
dc.type.none.fl_str_mv info:eu-repo/semantics/doctoralThesis
info:eu-repo/semantics/publishedVersion
format doctoralThesis
status_str publishedVersion
dc.identifier.none.fl_str_mv http://hdl.handle.net/10803/403439
http://dx.doi.org/10.6035/14102.2016.612910
url http://hdl.handle.net/10803/403439
http://dx.doi.org/10.6035/14102.2016.612910
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv 118 p.
application/pdf
application/pdf
dc.publisher.none.fl_str_mv Universitat Jaume I
publisher.none.fl_str_mv Universitat Jaume I
dc.source.none.fl_str_mv TDX (Tesis Doctorals en Xarxa)
reponame:TDR. Tesis Doctorales en Red
instname:CBUC, CESCA
instname_str CBUC, CESCA
reponame_str TDR. Tesis Doctorales en Red
collection TDR. Tesis Doctorales en Red
repository.name.fl_str_mv
repository.mail.fl_str_mv
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