Do Investor Sophistication and Trading Experience Eliminate Behavioral Biases in Financial Markets?
Work
Year: 2005
Type: article
Abstract: This paper provides an in depth analysis of an investor's reluctance to realize losses and his propensity to realize gains – a behavior known as the disposition effect. Together, sophistication (stati... more
Source: European Finance Review
Authors Lei Feng, Mark S. Seasholes
Institutions Bear Valley, University of California, Berkeley
Cites: 30
Cited by: 794
Related to: 10
FWCI: 15.77
Citation percentile (by year/subfield): 99.99
Subfield: Finance
Domain: Social Sciences
Open Access status: bronze