Effects of Trend and of Profit or Loss on the Tendency to Sell Stock
Effects of Trend and of Profit or Loss on the Tendency to Sell Stock
复制标题
趋势和损益对卖出股票倾向的影响
DOI:
10.1207/s15324834basp0804_1
复制
发表时间:
1987
影响因子:
2.4
通讯作者:
W. Gerin
中科院分区:
文献类型:
--
作者:
S. Schachter;R. Ouellette;Barry Whittle;W. Gerin
The effects of price trend and of profit or loss on the tendency to sell stock are examined by the use of questionnaires that simulate a variety of stock market situations. The tendency to sell is weakest when recent price trend is up and strongest when trend is down. Holding trend constant—when compared with a no-gain situation—a loss has no impact on selling behavior, whereas a profit markedly increases selling.