Behavioral Finance and the COVID-19 Pandemic

Call for papers for: Review of Behavioral Finance

Special Call for papers for the Review of Behavioral Finance

The global pandemic of COVID-19 has created dramatic and unprecedented challenges for individuals, economies, financial markets, financial institutions and governments. As well as the great human cost in deaths and illness the virus has given rise to huge economic disruption across the world partly caused by its own effects and partly by the actions of governments to control its spread. We have seen sudden and large scale unemployment and reductions in economic activity and violent price movements in many financial markets of a scale at least comparable to any previous financial crisis. In this special call for papers we aim to see how insights from behavioral finance can help researchers and policymakers to understand the movements of financial and economic markets and the actions of their diverse participants in response to the Covid-19 crisis.

Given the unprecedented nature of the crisis associated with the pandemic and the possibility of it generating new insights we do not wish to be too prescriptive about research topics and approached as long as they fall within the broad area of behavioral finance. Specific topics may, however, include:
- Market efficiency in times of extreme crisis
- Incorporation of virus related news into market prices
- Effectiveness of asset-allocation models
- Over-reaction and under-reaction in markets
- Herding and Spillovers effects
- Sentiment in financial markets
- Concepts of risk and uncertainty
- Effects of government interventions in markets
- Interaction between company business models and financial markets
- Behavior of financial institutions
- Behavior of financial analysts
- Behavior of individual investors
- Attitudes of individual investors
- Lessons from previous financial crises.

Submission Procedure
Prospective authors are invited to submit papers for this special call on Behavioral Finance and the Covid-19 pandemic on or before 31st August 2020. All submissions must be original and may not be under review by another publication. Interested authors should consult the journal's guidelines for manuscript submissions at: 
Submissions must be made through the journal's ScholarOne site: and ensure the correct special issue is selected during the submission process. 

Authors and potential authors may direct any questions to the Special issue Guest Editors: Professor Gulnur Muradoglu, Queen Mary University of London ([email protected]) and Professor Robert Hudson, University of Hull ([email protected]