This paper presents the results of an experimental study aimed to understand how the past stock performance affects investor’s desire to buy or sell the stock. It shows that people prefer to buy stocks that performed well in the past. However, when investors must sell one of the stocks they already own, their desire to have their funds invested into the past winner significantly diminishes, which may be due to their reluctance to realize their losses
publisher[Abstract] In this note, we critically survey the literature on one of the most puzzling ph...
Investors are often inclined to keep losing stocks too long, despite this being irrational. This phe...
Abstract Background: The disposition effect is a well-documented effect in behavioral finance, firs...
We examine how investor preferences and beliefs affect trading in relation to past gains and losses....
Purpose: This article analyzes the influence of familiarity bias on respondents’ decision-making pro...
This study provides new insights on how investors form beliefs about future asset prices and how the...
This study examines experimentally, the role of emotions of regret on investors ’ disposition error ...
Investors\u27 previous experiences with a stock affect their willingness to repurchase that stock. U...
Recent studies have documented a strong tendency for individual investors to delay realizing capital...
The fundamental assumptions in financial theory that markets are efficient and investors are fully r...
This paper documents that strategies which buy stocks that have performed well in the past and sell ...
Behavioral finance studies have examined the link between behavioral biases and asset prices and one...
Investors are often inclined to keep losing stocks too long, despite this being irrational. This phe...
This dissertation consists of three empirical papers on investor behavior and nancial markets. The r...
The disposition effect (greater realization of winners than losers) is often taken as proof that inv...
publisher[Abstract] In this note, we critically survey the literature on one of the most puzzling ph...
Investors are often inclined to keep losing stocks too long, despite this being irrational. This phe...
Abstract Background: The disposition effect is a well-documented effect in behavioral finance, firs...
We examine how investor preferences and beliefs affect trading in relation to past gains and losses....
Purpose: This article analyzes the influence of familiarity bias on respondents’ decision-making pro...
This study provides new insights on how investors form beliefs about future asset prices and how the...
This study examines experimentally, the role of emotions of regret on investors ’ disposition error ...
Investors\u27 previous experiences with a stock affect their willingness to repurchase that stock. U...
Recent studies have documented a strong tendency for individual investors to delay realizing capital...
The fundamental assumptions in financial theory that markets are efficient and investors are fully r...
This paper documents that strategies which buy stocks that have performed well in the past and sell ...
Behavioral finance studies have examined the link between behavioral biases and asset prices and one...
Investors are often inclined to keep losing stocks too long, despite this being irrational. This phe...
This dissertation consists of three empirical papers on investor behavior and nancial markets. The r...
The disposition effect (greater realization of winners than losers) is often taken as proof that inv...
publisher[Abstract] In this note, we critically survey the literature on one of the most puzzling ph...
Investors are often inclined to keep losing stocks too long, despite this being irrational. This phe...
Abstract Background: The disposition effect is a well-documented effect in behavioral finance, firs...