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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| Main Authors: | , |
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| Format: | Article |
| Published: |
2018
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| Online Access: | https://repository.li.mahidol.ac.th/handle/123456789/29050 |
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| Institution: | Mahidol University |
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