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- Make hay while the sun shines: an empirical study of maximum price . . .
We nd that investors are more likely to sell a stock in a moment closer in time to maximum occurrence and at a price further from running maximum price of the investment episode Keywords: Regret Theory, Trading, Threshold, Maximum Price JEL Codes: C55, D90, G40 We would like to thank Terrance Odean for making the data available
- Asymmetric impacts of individual investor sentiment on the time-varying . . .
More specifically, the study detects whether there are asymmetric effects of investor sentiments on the time-varying risk-return tradeoff under different conditional distributions and whether different categories of investor sentiments have different effects on time-varying risk-return tradeoff
- Asymmetric impacts of individual investor sentiment on the time-varying . . .
The study aims to examine the influences of investor sentiments on the time-varying risk-return tradeoff, and the basic equation including the potential control variables is as follows
- Neural Evidence of Regret and Its Implications for Investor Behavior
Shefrin and Statman (1984) provide one of the earliest discussions of regret in finance by proposing that firms pay dividends because investors are regret averse
- Managing Regret Risk | Performance Perspectives April 2025 | TSG
Traditional investment theory assumes that investors behave rationally, using logic and information to make optimal decisions But anyone who’s worked with actual clients knows better: regret, emotion, and fear often govern decision-making far more than spreadsheets and models In Managing and Evaluating Regret Risk , Stephen Campisi challenges conventional wisdom with a compelling new
- After - iaeng. org
Abstract—The portfolio problem focuses on efficiently allocating securities to maximize profits and minimize risk The classic mean-variance model is based on investors’ rational assumption However, psychological research indicates that emotions significantly influence investment behavior This paper establishes a portfolio model considering disappointment and regret emotions Firstly
- HKU Scholars Hub: A regret theory of investment timing under asymmetric . . .
Article: A regret theory of investment timing under asymmetric information Show simple item record Show full item record Export item record
- A model of regret, investor behavior, and market turbulence
This study examines the effects of regret on investor behavior and market turbulence by using a model where investors not only regret wrong actions but also regret inaction We demonstrate that regret aversion can cause investors to ride a bubble, exit and reenter the market, or choose not to trade Further, herds and partial herds can occur in the market, and we show that the stronger regret
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