The Disposition Effect and Loss Aversion: Do Gender Differences Matter?
20 Pages Posted: 20 Sep 2013 Last revised: 17 Apr 2014
Date Written: January 19, 2014
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: Suggested Citation