Loss aversion, a concept consistent with prospect theory, causes investors to experience losses more intensely than gains, which leads to the irrational holding of underperforming stocks.

Authors

• Person: Not available Organization: Journal of Management and Strategy Research
  The Influence of Behavioral Biases on Investment Decisions

Sources

• The Influence of Behavioral Biases on Investment Decisions jmsr-online.com Journal of Management and Strategy Research via serper

Referenced by nodes (4)

• investor concept
• stocks concept
• Loss aversion concept
• Prospect Theory concept