Newton, Da Costa Jr; Carlos, Mineto and Sergio, Da Silva (2006): Disposition effect and gender. Forthcoming in: Applied Economics Letters
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Investors 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.
| Item Type: | MPRA Paper |
|---|---|
| Institution: | Federal University of Santa Catarina |
| Language: | English |
| Subjects: | G - Financial Economics > G1 - General Financial Markets > G11 - Portfolio Choice; Investment Decisions |
| ID Code: | 1848 |
| Deposited By: | Sergio Da Silva |
| Deposited On: | 20. Feb 2007 |
| Last Modified: | 07. Nov 2007 02:03 |
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