Framing Effects, Selective Information and Market Behavior - An Experimental Analysis

(...) We provide support for the disposition effect. Participants who experience a gain sell their assets more rapidly than participants who experience a loss, and positively framed subjects generally sell their assets later than negatively framed subjects.

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Year of publication:	2004-02-01
Authors:	Kirchler, Erich ; Maciejovsky, Boris ; Weber, Martin
Published in:	Universität Mannheim - Lehrstuhl für ABWL und Finanzwirtschaft, insbesondere Bankbetriebslehre - Veröffentlichungen Journal of Behavioral Finance ; 6 (2005) ; S. 90-100
Publisher:	Universität <Mannheim> / Lehrstuhl für Allgemeine Betriebswirtschaftslehre, Finanzwirtschaft, insbesondere Bankbetriebslehre
Subject:	Kapitalmarkt \| Anlageverhalten \| Prospect-Theorie

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Extent:	470016 bytes 36 p. application/pdf
Type of publication:	Article
Language:	English
Classification:	C90 - Design of Experiments. General ; D44 - Auctions ; D80 - Information and Uncertainty. General ; G12 - Asset Pricing ; Financial theory ; Individual Articles ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005844862