TY  - UNPD
A1  - Lee, Carmen
A1  - Kräussl, Roman
A1  - Paas, Leo
T1  - The effect of anticipated and experienced regret and pride on investors' future selling decisions : [Version November 2012]
T2  - Center for Financial Studies (Frankfurt am Main): CFS working paper series ; No. 2012,17
N2  - This paper investigates the effect of anticipated/experienced regret and pride on individual investors’ decisions to hold or sell a winning or losing investment, in the form of the disposition effect. As expected the results suggest that in the loss domain, low anticipated regret predicts a greater probability of selling a losing investment. While in the gain domain, high anticipated pride indicates a greater probability of selling a winning investment. The effects of high experienced regret/pride on the selling probability are found as well. An unexpected finding is that regret (pride) seems to be not only relevant for the loss (gain) domain, but also for the gain (loss) domain. In addition, this paper presents evidence of interconnectedness between anticipated and experienced emotions. The authors discuss the implications of these findings and possible avenues for further research.
T3  - CFS working paper series - 2012, 17 
KW  - Regret
KW  - Pride
KW  - Disposition Effect
KW  - Risky Decision
Y1  - 2012
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/28632
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-286329
N1  - Stand: November 2012
IS  - Version November 2012
PB  - Center for Financial Studies
CY  - Frankfurt, M.
ER  -