Waning vigilance and the disposition effect: Evidence from Thailand on individual investor decision making

We argue that existing explanations for the stock-market investor's disposition to "ride losers too long" are unsatisfactory because they abstract from any role for information processing. We propose instead that the disposition effect is a special case of "waning vigilance:"...

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Bibliographic Details
Main Authors: Mark A. DeWeaver, Randall Shannon
Other Authors: Quantrarian Capital Management, LLC
Format: Article
Published: 2018
Subjects:
Online Access:https://repository.li.mahidol.ac.th/handle/123456789/29050
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Institution: Mahidol University