Realization Utility
收藏NBER2008-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14440
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资源简介：
A number of authors have suggested that investors derive utility from realizing gains and losses on assets that they own. We present a model of this "realization utility," analyze its predictions, and show that it can shed light on a number of puzzling facts. These include the disposition effect,
提供机构：
美国国家经济研究局
创建时间：
2008-10-01
