The Pitch Rather Than the Pit: Investor Inattention, Trading Activity, and FIFA World Cup Matches
研究2010和2014年世界杯期间15个国家的股市交易，发现国家队比赛时交易量下降高达48%，价格暂时脱离全球市场，说明重大体育赛事可用来研究投资者注意力不足。
This paper analyzes stock market trading in 15 countries during the 2010 and 2014 soccer FIFA World Cups. We find evidence for substantial investor inattention during these major sporting events. The lack of attention for the trading pit is particularly large when the national soccer team is competing, with traded volumes declining by as much as 48%. During national team matches, prices on local stock markets can temporarily decouple from global financial market developments. These findings suggest that major sporting events can act as a laboratory in which to investigate investor inattention.