Do Investor Sophistication and Trading Experience Eliminate Behavioral Biases in Financial Markets?
Top Cited Papers
- 1 January 2005
- journal article
- research article
- Published by Oxford University Press (OUP) in European Finance Review
- Vol. 9 (3) , 305-351
- https://doi.org/10.1007/s10679-005-2262-0
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 theKeywords
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