Artikel

The disposition effect and admiration seeking

This paper examines the relationship between the disposition effect and personality traits and aims to find an additional explanation of this bias in a willingness to pay for admiration. We conduct a personality assessment, a stock trading game and a sealed‐bid English auction for 84 individual investors. The gathered data correspond with the literature on a descriptive level; however, even though admiration‐seeking behavior is an important part of social interaction, there is no significant willingness to pay for it. Furthermore, we do not see any influence of personality on the disposition effect. Our findings add to the ongoing discussion of personality traits in connection with behavioral biases.

Sprache
Englisch

Erschienen in
Journal: Review of Financial Economics ; ISSN: 1873-5924 ; Volume: 40 ; Year: 2021 ; Issue: 2 ; Pages: 200-234 ; Hoboken, USA: Wiley Periodicals, Inc.

Klassifikation
Wirtschaft
Thema
admiration
big five
dark triad
disposition effect
personality traits

Ereignis
Geistige Schöpfung
(wer)
Max, Suchanek
Liêu, Minh‐Lý
Ereignis
Veröffentlichung
(wer)
Wiley Periodicals, Inc.
(wo)
Hoboken, USA
(wann)
2021

DOI
doi:10.1002/rfe.1146
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Max, Suchanek
  • Liêu, Minh‐Lý
  • Wiley Periodicals, Inc.

Entstanden

  • 2021

Ähnliche Objekte (12)