The exploration of disposition effect among business undergraduates in Poland
In this article the author attempts to explore the phenomena of disposition effect among Polish undergraduate students. The study shows that under experimental conditions participants do show disposition “to sell winners too early and ride losers too long”. Such disposition stands in opposition to...
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Format: | Article |
Language: | English |
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Nicolaus Copernicus University in Toruń
2015-12-01
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Series: | Copernican Journal of Finance & Accounting |
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Online Access: | https://apcz.umk.pl/CJFA/article/view/8197 |
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author | Monika Czerwonka |
author_facet | Monika Czerwonka |
author_sort | Monika Czerwonka |
collection | DOAJ |
description |
In this article the author attempts to explore the phenomena of disposition effect among Polish undergraduate students. The study shows that under experimental conditions participants do show disposition “to sell winners too early and ride losers too long”. Such disposition stands in opposition to rationale behavior which induces to hold stocks during the whole period of experiment. The research provides important insights into the field of behavioral finance and in particular into the global analysis of disposition effect.
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first_indexed | 2024-03-12T09:25:34Z |
format | Article |
id | doaj.art-ae49135f04e449a68da749ed5d3a9017 |
institution | Directory Open Access Journal |
issn | 2300-1240 2300-3065 |
language | English |
last_indexed | 2024-03-12T09:25:34Z |
publishDate | 2015-12-01 |
publisher | Nicolaus Copernicus University in Toruń |
record_format | Article |
series | Copernican Journal of Finance & Accounting |
spelling | doaj.art-ae49135f04e449a68da749ed5d3a90172023-09-02T14:15:56ZengNicolaus Copernicus University in ToruńCopernican Journal of Finance & Accounting2300-12402300-30652015-12-0142The exploration of disposition effect among business undergraduates in PolandMonika Czerwonka0Institute of Finance, Warsaw School of Economics, Al. Niepodległości 164, 02-554 Warszawa In this article the author attempts to explore the phenomena of disposition effect among Polish undergraduate students. The study shows that under experimental conditions participants do show disposition “to sell winners too early and ride losers too long”. Such disposition stands in opposition to rationale behavior which induces to hold stocks during the whole period of experiment. The research provides important insights into the field of behavioral finance and in particular into the global analysis of disposition effect. https://apcz.umk.pl/CJFA/article/view/8197behavioral financedisposition effectexperimental study |
spellingShingle | Monika Czerwonka The exploration of disposition effect among business undergraduates in Poland Copernican Journal of Finance & Accounting behavioral finance disposition effect experimental study |
title | The exploration of disposition effect among business undergraduates in Poland |
title_full | The exploration of disposition effect among business undergraduates in Poland |
title_fullStr | The exploration of disposition effect among business undergraduates in Poland |
title_full_unstemmed | The exploration of disposition effect among business undergraduates in Poland |
title_short | The exploration of disposition effect among business undergraduates in Poland |
title_sort | exploration of disposition effect among business undergraduates in poland |
topic | behavioral finance disposition effect experimental study |
url | https://apcz.umk.pl/CJFA/article/view/8197 |
work_keys_str_mv | AT monikaczerwonka theexplorationofdispositioneffectamongbusinessundergraduatesinpoland AT monikaczerwonka explorationofdispositioneffectamongbusinessundergraduatesinpoland |