What Drives the Disposition Effect? An Analysis of a Long-Standing Preference-Based Explanation
收藏NBER2006-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w12397
下载链接
链接失效反馈官方服务:
资源简介:
One of the most striking portfolio puzzles is the "disposition effect": the tendency of individuals to sell stocks in their portfolios that have risen in value since purchase, rather than fallen in value. Perhaps the most prominent explanation for this puzzle is based on prospect theory. Despite its
提供机构:
美国国家经济研究局
创建时间:
2006-07-01



