How prior realized outcomes affect portfolio decisions
(2012)
Journal Article
Duxbury, D., Hudson, R., Keasey, K., Yang, Z., & Yao, S. (2013). How prior realized outcomes affect portfolio decisions. Review of Quantitative Finance and Accounting, 41(4), 611-629. https://doi.org/10.1007/s11156-012-0325-9
Investors have been shown to have particular preferences when it comes to the characteristics of stock they hold in their portfolios, while prior gains and losses have been shown to impact on individuals' economic decisions, both in an investment con... Read More about How prior realized outcomes affect portfolio decisions.