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.

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Year of publication:	2008
Authors:	Costa, Newton Da ; Mineto, Carlos ; Silva, Sergio Da
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 15.2008, 6, p. 411-416
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005468094