Results 11 to 20 of about 750,066 (346)
The Disposition Effect and Momentum [PDF]
, 2001 Prior experimental and empirical research documents that many investors have a lower propensity to sell those stocks on which they have a capital loss. This behavioral phenomenon, known as 'the disposition effect,' has implications for equilibrium prices.
Bing Han, Mark Grinblatt
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The Impact of Anchoring Bias and Disposition Effect on Momentum Profit: The Role of Stock Liquidity [PDF]
Iranian Journal of Finance, 2022 Researchers examined anomalies in the market to understand the market dimensions. Prior studies considered the effects of biases on momentum strategy. Stock liquidity as one of the risk factors for assets was also considered by researchers.
Fatemeh Soltani +2 more
doaj +1 more source
Decomposing the Disposition Effect [PDF]
SSRN Electronic Journal, 2021 We theoretically show that there is a fundamental disconnect between the disposition effect, i.e., investors tendency to sell winning assets too early and losing assets too late, and its common empirical measure, namely a positive difference between the proportion of gains and losses realized. While its common measure cannot identify the disposition
Maier, Johannes K. +1 more
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An individual level analysis of the disposition effect : empirical and experimental evidence [PDF]
, 2007 We test empirically and experimentally for individual differences, stability, and learning in individual level disposition effects. While we observe the disposition effect on aggregate, the extent to which a single decision maker is affected varies ...
Matthias Weber, Frank Welfens
openalex +2 more sources
The Effect of Price Path on Satisfaction and Future Behavior of Investors [PDF]
فصلنامه بورس اوراق بهادار, 2022 Investor behavior and factors affecting investment decisions are important issues that researchers have been seeking to provide a comprehensive model for interpreting in recent years. In this regard, the present study with the behavioral finance approach
Mohammad Mahdi Bahrololoum +2 more
doaj +1 more source
Disposition effect, demographics and risk taking [PDF]
RAUSP Management Journal, 2021 Purpose – This study aims to investigate the association of demographic characteristics, market conditions and risk taking with the disposition effect using data on Brazilian individual investors.
Mariana Oreng +2 more
doaj +1 more source
Behavioral Bias, Abnormal Volume, and Abnormal Return [PDF]
Journal of Asset Management and Financing, 2019 Objectives: This research evaluates the effects of overconfidence, disposition effect and investors’ attention on the abnormal volume and abnormal returns of stocks through Interruption in independent variables.
Mohammad Osoolian, Mozhgan Bazchi
doaj +1 more source
Measuring the disposition effect [PDF]
Journal of Behavioral and Experimental Finance, 2020 Despite hundreds of papers confirming the existence of the disposition effect, too little attention has been devoted to the prevailing arguments on the choice of a given method to measure it. This paper fills this gap and compares different measurement approaches. First, based on empirical and simulation-based data, I show how results may differ across
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Investigation of the Effects of Types of Ownershipon Disposition effect of Mutual funds in Tehran Stock Exchange [PDF]
تحقیقات مالی, 2017 This paper examines the relationship between mutual fund managers' ownership and the disposition effect, by using the 24 accepted mutual funds in the Tehran Stock Exchange for the period of 2011 to 2015, we investigate the effect of mutual funds’s types ...
Shahabeddin Shams +1 more
doaj +1 more source
The exploration of disposition effect among business undergraduates in Poland
Copernican Journal of Finance & Accounting, 2015 In this article the author attempts to explore the phenomena of disposition effect among Polish undergraduate students. The study shows that under experimental conditions participants do show disposition “to sell winners too early and ride losers too ...
Monika Czerwonka
doaj +3 more sources