Keith Jacks Gamble
Middle Tennessee State University
Weatherford Chair of Finance
Professor of Finance
Effectiveness of Personal Finance Standards: Insights from Tennessee’s Teachers (with Patricia Hummel)
This study evaluates the effectiveness of standards for personal finance education using insights from a survey of Tennessee's personal finance teachers.
The Role of Technology in Human Resource Management in a Post-Pandemic World: Reflecting on Artificial Intelligence, Analytics, and Diversity, Equity, and Inclusion (with Kristie Abston and Murat Arik)
This panel explores how human resource management professionals are using technology to respond and adapt to generative artificial intelligence, analytics, and diversity, equity, and inclusion strategies.
Too Much or Too Little Information: How Unknown Uncertainty Fuels Time Inconsistency (with Inhwa Kim)
This study aims to understand the role of subjective probabilistic inference in updating information for decision-making procedures under uncertainty.
Implications of Short Selling for Corporate Finance (with Sanjay Deshmukh and Keith Howe)
This article summarizes evidence of informed short selling by linking it to changes in corporate fundamentals.
A perspective piece on new research on cognitive decline and household financial decisions at older ages.
Challenges for Financial Decision Making at Older Ages
I describe recent research findings on financial decision making at older ages enabled by the Rush Memory and Aging Project, a large cohort study of aging.
Informed Short Selling Around SEO Announcements (with Sanjay Deshmukh and Keith Howe)
Large increases in short selling around SEOs are predictive of worse announcement returns, long run operating performance, and long run returns.
Informed Retail Investors: Evidence from Retail Short Sales (with Wei Xu)
Our study suggests that the recent evidence of informed retail order flow is driven by few informed retail trades.
Aging and Financial Decision Making (with Patricia Boyle, Lei Yu, and David Bennett)
This study examines how cognitive changes associated with aging impact the financial decision making capability of older Americans.
Short Selling and Firm Operating Performance (with Sanjay Deshmukh and Keith Howe)
Large increases in short interest are associated with a 21% decline in operating performance in subsequent years.
How Prior Outcomes Affect Individual Investors' Subsequent Risk Taking (with Bjorn Johnson)
We present empirical evidence of how prior outcomes affect individual investors' subsequent risk taking.
The Information Content of Investors' Expectations for Risk and Return (with Thomas Berry)
This study reveals the information content of individual investors' risk-adjusted return expectations.
Does Presenting Investment Results Asset by Asset Lower Risk Taking? (with Santosh Anagol)
Segregating investment results by asset decreases subsequent risk taking.
Informed Local Trading Prior to Earnings Announcements (with Thomas Berry)
Large trading imbalances by investors living close to a firm’s headquarters predict the stock’s earnings announcement return.
Temporal Discounting is Associated with an Increased Risk of Mortality (with Patricia A. Boyle, Lei Yu, and David Bennett)
A person with the greatest preference for smaller immediate rewards over larger but delayed ones was about twice more likely to die over the study period.
Poor Decision Making is a Consequence of Cognitive Decline (with Patricia A. Boyle, Lei Yu, Robert S. Wilson, Aron S. Buchman, and David Bennett)
Shows that even very subtle age-related changes in cognition have detrimental effects on decision making.
