A bibliometric analysis of the disposition effect: Origins and future research avenues

Begoña Gutiérrez-Nieto, Cristina Ortiz and Luis Vicente

Journal of Behavioral and Experimental Finance, 2023, vol. 37, issue C

Abstract: This paper develops a comprehensive bibliometric analysis of a well-known bias in behavioral finance: the disposition effect. Since the term was coined in 1985, the tendency for investors to sell winners too soon and hold losers in the portfolio has been amply studied. Based on data from Web of Science and the tool VOSviewer, we obtain a complete picture of the evolution of the research on the disposition effect from citation and co-citation perspectives. The research topic has intensely increased the number of publications during the last years, and we also analyze the evolution of the lines of research. The analysis includes the yearly impact factors of the journals analyzed to ensure that the quality of publications remains. A temporal overlay visualization map shows the most used terms through time to explore future venues; disposition effect seems to be less studied alone, whereas researchers try to find interrelations with other behavioral biases.

Keywords: Disposition effect; Behavioral finance; Literature review; Bibliometrics; Scientometrics (search for similar items in EconPapers)
JEL-codes: G11 G40 G41 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S221463502200096X

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:beexfi:v:37:y:2023:i:c:s221463502200096x

DOI: 10.1016/j.jbef.2022.100774

Access Statistics for this article

Journal of Behavioral and Experimental Finance is currently edited by Michael Dowling and Jürgen Huber

More articles in Journal of Behavioral and Experimental Finance from Elsevier
Bibliographic data for series maintained by Catherine Liu ().