The Disposition Effect and Loss Aversion: Do Gender Differences Matter?

20 Pages Posted: 20 Sep 2013 Last revised: 17 Apr 2014

Holger Andreas Rau

University of Göttingen

Date Written: January 19, 2014

Abstract

This paper analyzes gender differences in the disposition effect in an experiment based on Weber and Camerer (1998). The results emphasize that female investors realize less capital losses, have significantly higher disposition effects and are more loss averse than men.

Keywords: Disposition Effect, Experiment, Gender Differences, Loss Aversion

JEL Classification: C91, D81, G11, J16

Suggested Citation

Rau, Holger Andreas, The Disposition Effect and Loss Aversion: Do Gender Differences Matter? (January 19, 2014). In Economics Letters 123, 2014, 33-36.. Available at SSRN: https://ssrn.com/abstract=2327813 or http://dx.doi.org/10.2139/ssrn.2327813

Holger Andreas Rau (Contact Author)

University of Göttingen ( email )

Platz der Göttinger Sieben 3
Göttingen, Niedersachsen 37073
Germany

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