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Losers, Winners, and Biased Trades
16 references·16 citing·30 second hopsampled
Losers, Winners, and Biased Trades (2005)Losers, Winners, and Biased TradesAre Investors Reluctant to Realize Their Losses? (1998)Are Investors Reluctant to Re…A model of investor sentiment1We are grateful to the NSF for financial support, and to Oliver Blanchard, Alon Brav, John Campbell (a referee), John Cochrane, Edward Glaeser, J.B. Heaton, Danny Kahneman, David Laibson, Owen Lamont, Drazen Prelec, Jay Ritter (a referee), Ken Singleton, Dick Thaler, an anonymous referee, and the editor, Bill Schwert, for comments.1 (1998)A model of investor sentiment…Market Efficiency, Long-Term Returns, and Behavioral Finance (1997)Market Efficiency, Long-Term …Valuation and Clean Surplus Accounting for Operating and Financial Activities* (1995)Valuation and Clean Surplus A…Contrarian Investment, Extrapolation, and Risk (1994)Contrarian Investment, Extrap…Hot Hands in Mutual Funds: Short-Run Persistence of Relative Performance, 1974-1988 (1993)Hot Hands in Mutual Funds: Sh…Efficient Capital Markets: II (1991)Efficient Capital Markets: IIThe hot hand in basketball: On the misperception of random sequences (1985)The hot hand in basketball: O…The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence (1985)The Disposition to Sell Winne…Mental Accounting and Consumer Choice (1985)Mental Accounting and Consume…Mental Accounting and Consumer Choice / Теория ментального учета и потребительский выбор (1985)Mental Accounting and Consume…Does the Stock Market Overreact? (1985)Does the Stock Market Overrea…Subjective probability: A judgment of representativeness (1972)Subjective probability: A jud…Belief in the law of small numbers. (1971)Belief in the law of small nu…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)EFFICIENT CAPITAL MARKETS: A …Efficient Capital Markets: A Review of Theory and Empirical Work (1970)Efficient Capital Markets: A …Toward a theory of spirals: the dynamic relationship between organizational pride and customer-oriented behavior (2020)Toward a theory of spirals: t…Justice in inter-organizational relationships: A literature review and future research agenda (2020)Justice in inter-organization…Feeling Is Believing? Evidence From Earthquake Shaking Experience and Insurance Demand (2019)Feeling Is Believing? Evidenc…Employee satisfaction trajectories and their effect on customer satisfaction and repatronage intentions (2019)Employee satisfaction traject…Behavioral biases in marketing (2019)Behavioral biases in marketingThe importance of CSR in forming customer–company identification and long-term loyalty (2017)The importance of CSR in form…How return and risk experiences shape investor beliefs and preferences (2015)How return and risk experienc…Self-attribution bias in consumer financial decision-making: How investment returns affect individuals’ belief in skill (2014)Self-attribution bias in cons…Pathological Choice: The Neuroscience of Gambling and Gambling Addiction (2013)Pathological Choice: The Neur…Understanding investors' decisions to purchase innovative products: Drivers of adoption timing and range (2010)Understanding investors' deci…The newsvendor problem with unknown distribution (2009)The newsvendor problem with u…The Long and Short of It: Why Are Stocks with Shorter Runs Preferred? (2009)The Long and Short of It: Why…Flow Signals: How Patterns over Time Affect the Acceptance of Start-Up Firms (2008)Flow Signals: How Patterns ov…Beyond conjoint analysis: Advances in preference measurement (2008)Beyond conjoint analysis: Adv…Decision-making and the newsvendor problem: an experimental study (2007)Decision-making and the newsv…Blowing Bubbles: Heuristics and Biases in the Run-Up of Stock Prices (2005)Blowing Bubbles: Heuristics a…Comparison of Bayesian and regression approaches to the study of information processing in judgment (1971)Availability: A heuristic for judging frequency and probability (1973)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Capital markets research in accounting (2001)The Behavior of Stock-Market Prices (1965)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Users of the world, unite! The challenges and opportunities of Social Media (2009)The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)The General Theory of Employment, Interest and Money. (1936)Judgment Under Uncertainty: Heuristics and Biases. (1984)Multifactor Explanations of Asset Pricing Anomalies (1996)Prospect Theory: An Analysis of Decision under Risk (1979)Toward a positive theory of consumer choice (1980)Prospect theory: An analysis of decision under risk (1988)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)Risk, Return, and Equilibrium: Empirical Tests (1973)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Judgment under Uncertainty: Heuristics and Biases (1974)Judgment under Uncertainty: Heuristics and Biases (1975)A perspective on judgment and choice: Mapping bounded rationality. (2003)Instructional manipulation checks: Detecting satisficing to increase statistical power (2009)Investor Psychology and Asset Pricing (2001)
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References

  • 1970EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK*15,723 cited
  • 1970Efficient Capital Markets: A Review of Theory and Empirical Work13,616 cited
  • 1985Does the Stock Market Overreact?7,569 cited
  • 1991Efficient Capital Markets: II5,346 cited
  • 1972Subjective probability: A judgment of representativeness4,876 cited
  • 1985Mental Accounting and Consumer Choice4,875 cited
  • 1994Contrarian Investment, Extrapolation, and Risk4,198 cited
  • 1998Are Investors Reluctant to Realize Their Losses?3,721 cited
  • 1985The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence3,550 cited
  • 1971Belief in the law of small numbers.3,244 cited
  • 1998A model of investor sentiment1We are grateful to the NSF for financial support, and to Oliver Blanchard, Alon Brav, John Campbell (a referee), John Cochrane, Edward Glaeser, J.B. Heaton, Danny Kahneman, David Laibson, Owen Lamont, Drazen Prelec, Jay Ritter (a referee), Ken Singleton, Dick Thaler, an anonymous referee, and the editor, Bill Schwert, for comments.12,865 cited
  • 1995Valuation and Clean Surplus Accounting for Operating and Financial Activities*2,224 cited
  • 1985The hot hand in basketball: On the misperception of random sequences1,648 cited
  • 1997Market Efficiency, Long-Term Returns, and Behavioral Finance

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

1,278 cited
  • 1985Mental Accounting and Consumer Choice / Теория ментального учета и потребительский выбор1,250 cited
  • 1993Hot Hands in Mutual Funds: Short-Run Persistence of Relative Performance, 1974-19881,219 cited
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    • 2015How return and risk experiences shape investor beliefs and preferences112 cited
    • 2017The importance of CSR in forming customer–company identification and long-term loyalty104 cited
    • 2019Behavioral biases in marketing98 cited
    • 2020Justice in inter-organizational relationships: A literature review and future research agenda89 cited
    • 2008Flow Signals: How Patterns over Time Affect the Acceptance of Start-Up Firms77 cited
    • 2014Self-attribution bias in consumer financial decision-making: How investment returns affect individuals’ belief in skill74 cited
    • 2019Employee satisfaction trajectories and their effect on customer satisfaction and repatronage intentions70 cited
    • 2009The Long and Short of It: Why Are Stocks with Shorter Runs Preferred?67 cited
    • 2019Feeling Is Believing? Evidence From Earthquake Shaking Experience and Insurance Demand64 cited
    • 2010Understanding investors' decisions to purchase innovative products: Drivers of adoption timing and range59 cited
    • 2005Blowing Bubbles: Heuristics and Biases in the Run-Up of Stock Prices52 cited
    • 2020Toward a theory of spirals: the dynamic relationship between organizational pride and customer-oriented behavior48 cited
    • 2009The newsvendor problem with unknown distribution46 cited