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PREDICTING CONTEMPORARY VOLUME WITH HISTORIC VOLUME AT DIFFERENTIAL PRICE LEVELS: EVIDENCE SUPPORTING THE DISPOSITION EFFECT
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PREDICTING CONTEMPORARY VOLUME WITH HISTORIC VOLUME AT DIFFERENTIAL PRICE LEVELS: EVIDENCE SUPPORTING THE DISPOSITION EFFECT (1987)PREDICTING CONTEMPORARY VOLUME WITH HISTO…Theory of games and economic behavior (2019)Theory of games and economic …Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …The psychology of sunk cost (1985)The psychology of sunk costThe Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence (1985)The Disposition to Sell Winne…Volume and turn-of-the-year behavior (1984)Volume and turn-of-the-year b…The anomalous stock market behavior of small firms in January (1983)The anomalous stock market be…Capital Market Equilibrium with Personal Tax (1983)Capital Market Equilibrium wi…Regret in Decision Making under Uncertainty (1982)Regret in Decision Making und…"Expected Utility" Analysis without the Independence Axiom (1982)"Expected Utility" Analysis w…Realized Returns on Common Stock Investments: The Experience of Individual Investors (1978)Realized Returns on Common St…CAPITAL GAINS TAXATION AND YEAR‐END STOCK MARKET BEHAVIOR (1977)CAPITAL GAINS TAXATION AND YE…Behavioral Models of Risk Taking in Business Decisions: A Survey and Evaluation (1977)Behavioral Models of Risk Tak…A Tax Loss Trading Rule (1977)A Tax Loss Trading RuleKnee-deep in the big muddy: a study of escalating commitment to a chosen course of action (1976)Knee-deep in the big muddy: a…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…The Information Content of Annual Earnings Announcements (1968)The Information Content of An…Taxing the Disposition Effect: The Impact of Tax Awareness on Investor Behavior (2019)Taxing the Disposition Effect…Aspectos neuroeconômicos da tomada de decisão na BM&FBovespa (2014)Aspectos neuroeconômicos da t…Does the Consciousness of the Disposition Effect Increase the Equity Premium? (2009)Does the Consciousness of the…Are All Individual Investors Equally Prone to the Disposition Effect All the Time? New Evidences from a Small Market (2007)Are All Individual Investors …Misspecification of capital asset pricing (1981)The relationship between return and market value of common stocks (1981)Size-related anomalies and stock return seasonality (1983)Measuring abnormal performance (1992)Performance Measurement without Benchmarks: An Examination of Mutual Fund Returns (1993)Stock prices and the Wall Street weather (1993)Judgment under Uncertainty: Heuristics and Biases (1975)Prospect Theory: An Analysis of Decision under Risk (1979)Individual differences in reasoning: Implications for the rationality debate? (2000)Heuristics and Biases: The Psychology of Intuitive Judgment (2004)Instructional manipulation checks: Detecting satisficing to increase statistical power (2009)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)The Presentation of Self in Everyday Life. (1956)A Theory of Cognitive Dissonance (1957)Judgment in Managerial Decision Making (1986)Self-Regulation Failure: An Overview (1996)A Theory of Cognitive Dissonance (2017)Risk, Ambiguity, and the Savage Axioms (1961)The Framing of Decisions and the Psychology of Choice (1981)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Risk Aversion in the Small and in the Large (1976)Status quo bias in decision making (1988)Risk as feelings. (2001)Toward a positive theory of consumer choice (1980)Are Investors Reluctant to Realize Their Losses? (1998)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Using daily stock returns (1985)Capital markets research in accounting (2001)Theory of Financial Decision Making. (1988)Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework (1989)Non-cooperative games (1989)
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References

  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 2019Theory of games and economic behavior16,630 cited
  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1985The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence3,550 cited
  • 1982Regret in Decision Making under Uncertainty2,990 cited
  • 1968The Information Content of Annual Earnings Announcements2,739 cited
  • 1985The psychology of sunk cost2,579 cited
  • 1976Knee-deep in the big muddy: a study of escalating commitment to a chosen course of action2,065 cited
  • 1982"Expected Utility" Analysis without the Independence Axiom1,518 cited
  • 1983The anomalous stock market behavior of small firms in January848 cited
  • 1983Capital Market Equilibrium with Personal Tax472 cited
  • 1977CAPITAL GAINS TAXATION AND YEAR‐END STOCK MARKET BEHAVIOR262 cited
  • 1977Behavioral Models of Risk Taking in Business Decisions: A Survey and Evaluation257 cited
  • 1977A Tax Loss Trading Rule239 cited
  • 1978Realized Returns on Common Stock Investments: The Experience of Individual Investors175 cited

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1984
Volume and turn-of-the-year behavior
160 cited

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  • 2019Taxing the Disposition Effect: The Impact of Tax Awareness on Investor Behavior41 cited
  • 2009Does the Consciousness of the Disposition Effect Increase the Equity Premium?33 cited
  • 2007Are All Individual Investors Equally Prone to the Disposition Effect All the Time? New Evidences from a Small Market24 cited
  • 2014Aspectos neuroeconômicos da tomada de decisão na BM&FBovespa1 cited