haku: @journal_id 4452 / yhteensä: 26
viite: 15 / 26
Tekijä: | Chui, P. M. W. |
Otsikko: | An Experimental Study of the Disposition Effect: Evidence From Macau |
Lehti: | Journal of Psychology and Financial Markets
2001 : VOL. 2:4, p. 216-222 |
Asiasana: | EXPERIENCE CASE STUDIES RESEARCH ANALYTICAL REVIEW |
Kieli: | eng |
Tiivistelmä: | The author studies the existence of disposition effect in Macau. The disposition effect is the tendency to sell winning transactions too soon and hold losing transactions too long-is examined experimentally in Macau. The author's findings show that the disposition effect exists strongly under the modified version of the experiment designed by Weber and Camerer [1998]. This author of the article also states that the study also points out that a psychological factor, the locus of control, can partly explain the disposition effect observed in this experiment. The author of the article provides a substantial list of references on this subject. |
SCIMA