Disposition effect : a study of NTU undergraduates.

• Main Authors: Ng, Wee Hong., Phang, Kay Heng., Tan, Shi Cong.
• Other Authors: Chen, Geraldine Yee Fong
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::Finance::Investments
• Online Access: http://hdl.handle.net/10356/8554
• Institution: Nanyang Technological University

We investigate using NTU undergraduates as our sample, the disposition effect, which is the tendency to sell “winners” too early and hold “losers” too long. We also introduced the use of respondents’ reference prices as another avenue to evaluate the stocks, apart from using the purchase price. Ove...