Market-Wide Impact of the Disposition Effect: Evidence from Ipo Trading Volume

By Markku Kaustia. 2004

131 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/03cb660505b8888ed5b0a48bef1acb2f01b07089

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Samuli Knüpfer
2. Markku Kaustia
3. Brad M. Barber
4. Terrance Odean
5. Paolo Sodini
6. Luigi Guiso

In Finance

1. Samuli Knüpfer
2. Markku Kaustia
3. Terrance Odean
4. Brad M. Barber
5. Paolo Sodini
6. Luigi Guiso

In Strategy and Management

1. Samuli Knüpfer
2. Markku Kaustia

Citations in the corpus

• The Reach of the Disposition Effect: Large Sample Evidence Across Investor Classes* (2006, unknown): “Investigations in experimental settings (Weber and Camerer 1998) and market settings (Ferris et al. 1988; Odean 1998; Kaustia 2004; Brown et al. 2001; Grinblatt and Keloharju 2001) have yielded findings consistent with the implications of prospect theory.”
• Do Investors Overweight Personal Experience? Evidence from IPO Subscriptions (2008, background): “In addition to actual market liquidity, there could also be a personal liquidity effect due to reluctance to realize losses (Odean, 1998; see also Kaustia, 2004, for the impact on IPO stock trading).”
• Behavioural Finance: A Review and Synthesis (2007, unknown): “Studies of these and other issues should keep the field alive and vibrant for many years to come.”