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Disposition effect and gender

Da Costa Newton, Mineto Carlos and Sergio Da Silva

MPRA Paper from University Library of Munich, Germany

Abstract: 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.

JEL-codes: G11 (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-cbe
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Citations: View citations in EconPapers (4)

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Journal Article: Disposition effect and gender (2008) Downloads
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