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Copernican Journal of Finance & Accounting

The exploration of disposition effect among business undergraduates in Poland
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The exploration of disposition effect among business undergraduates in Poland

Authors

  • Monika Czerwonka Institute of Finance, Warsaw School of Economics, Al. Niepodległości 164, 02-554 Warszawa

DOI:

https://doi.org/10.12775/CJFA.2015.017

Keywords

behavioral finance, disposition effect, experimental study

Abstract

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.

References

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Copernican Journal of Finance & Accounting

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Published

2015-12-17

How to Cite

1.
CZERWONKA, Monika. The exploration of disposition effect among business undergraduates in Poland. Copernican Journal of Finance & Accounting [online]. 17 December 2015, T. 4, nr 2, s. 79–89. [accessed 26.3.2023]. DOI 10.12775/CJFA.2015.017.
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