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The psychological literature in the area of sale con~sgt is voluminious and may be examined in *ma of the different theories pertaining to its canceptuali- zation, the methods of meiiaurement used in indexing it as well aa in respect to the various e
difficult to compare the speed of price adjustment between the same set of shares with and without short selling constraints. The only study by Chen and Rhee (2010) can deal with such difficulty. In their study, only a group of stocks (i.e., called t
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