The Disposition Effect and Momentum
收藏NBER2002-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8734
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资源简介：
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. We investigate the temporal pattern of stock
提供机构：
美国国家经济研究局
创建时间：
2002-01-01
