Disposition effect and gender
AbstractInvestors seem to hold on to their losing stocks to a greater extent than they hold on to their winning stocks. This well-document behavioral regularity is termed disposition effect (Shefrin and Statman 1985). We set an experiment to replicate results from a previous study of the disposition effect (Weber and Camerer 1998), and further show that a subject’s gender may interfere with the effect’s detection.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 1848.
Date of creation: 2006
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- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
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