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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Main Author: Monika Czerwonka
Format: Article
Language:English
Published: Nicolaus Copernicus University in Toruń 2015-12-01
Series:Copernican Journal of Finance & Accounting
Subjects:
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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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
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AT monikaczerwonka explorationofdispositioneffectamongbusinessundergraduatesinpoland