The disposition effect in the absence of taxes
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DOI: 10.1016/j.econlet.2015.08.025
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References listed on IDEAS
- Nicholas Barberis & Wei Xiong, 2009.
"What Drives the Disposition Effect? An Analysis of a Long‐Standing Preference‐Based Explanation,"
Journal of Finance, American Finance Association, vol. 64(2), pages 751-784, April.
- Nicholas Barberis & Wei Xiong, 2006. "What Drives the Disposition Effect? An Analysis of a Long-Standing Preference-Based Explanation," NBER Working Papers 12397, National Bureau of Economic Research, Inc.
- Itzhak Ben-David & David Hirshleifer, 2012. "Are Investors Really Reluctant to Realize Their Losses? Trading Responses to Past Returns and the Disposition Effect," The Review of Financial Studies, Society for Financial Studies, vol. 25(8), pages 2485-2532.
- Ravi Dhar & Ning Zhu, 2006. "Up Close and Personal: Investor Sophistication and the Disposition Effect," Management Science, INFORMS, vol. 52(5), pages 726-740, May.
- repec:bla:jfinan:v:53:y:1998:i:5:p:1775-1798 is not listed on IDEAS
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Cited by:
- Cafferata, Alessia & Tramontana, Fabio, 2022. "Disposition Effect and its outcome on endogenous price fluctuations," MPRA Paper 113904, University Library of Munich, Germany.
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More about this item
Keywords
Disposition effect; Tax distortions; December effect;All these keywords.
JEL classification:
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- G02 - Financial Economics - - General - - - Behavioral Finance: Underlying Principles
- H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
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