The disposition effect is the tendency among investors to sell stock market winners too soon and hold on to losers too long, as defined by Shefrin and Statman (1985).

Authors

• Person: Not available Organization: Frontiers in Psychology
  The Impact of Cognitive Biases on Professionals' Decision-Making

Sources

• The Impact of Cognitive Biases on Professionals' Decision-Making www.frontiersin.org Frontiers in Psychology via serper

Referenced by nodes (1)

• disposition effect concept