Essays on the effects of past gains on subsequent risk-taking and stock returns
Abstract This dissertation contributes to the research on behavioral biases among individual investors by demonstrating how investors increase their portfolio volatility, i.e., risk, following favorable outcomes. This work also shows the influence of the first investment on subsequent risk-taking p...
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| Format: | Doctoral Thesis |
| Language: | English |
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Oulun yliopisto
2018
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| Online Access: | http://urn.fi/urn:isbn:9789526220055 http://nbn-resolving.de/urn:isbn:9789526220055 |