Disposition effect and gender
Investors seem to hold on to their losing stocks to a greater extent than they hold on to their winning stocks. This well-documented behavioural 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.
Volume (Year): 15 (2008)
Issue (Month): 6 ()
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- Mark Grinblatt & Bing Han, 2002.
"The Disposition Effect and Momentum,"
NBER Working Papers
8734, National Bureau of Economic Research, Inc.
- Grinblatt, Mark & Han, Bing, 2003. "The Disposition Effect and Momentum," Working Paper Series 2004-3, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
- Bing NMI1 Han & Mark Grinblatt, 2001. "The Disposition Effect and Momentum," Yale School of Management Working Papers ysm239, Yale School of Management.
- Grinblatt, Mark & Han, Bing, 2001. "The Disposition Effect and Momentum," University of California at Los Angeles, Anderson Graduate School of Management qt6qg5d62p, Anderson Graduate School of Management, UCLA.
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Levine's Working Paper Archive
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