The DOI matches its Crossref record; 38 of the 41 references it cites were found in a registry or an index.
Patterns of behavior of professionally managed and independent investors
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“It could be shown that professionally-managed portfolios are better diversified (Bluethgen et al. 2008;Gerhardt and Hackethal 2009) and exhibit weaker disposition effects (Shapira and Venezia 2001) than portfolios of self-directed retail investors.”
From Financial literacy, financial advice, and financial behavior (2017) · cites this paper as Shapira and Venezia 2001
Citations
Cites
Prospect Theory: An Analysis of Decision under Risk
Kahneman, D., & Tversky, A. (1979) · Econometrica · doi:10.2307/1914185 · Cited by 48,524
Prospect theory: An analysis of decision under risk
Kahneman, D. J., & Tversky, A. (1988) · Cambridge University Press eBooks · doi:10.1017/cbo9780511609220.014 · Cited by 32,720
Advances in prospect theory: Cumulative representation of uncertainty
Tversky, A., & Kahneman, D. (1992) · Journal of Risk and Uncertainty · doi:10.1007/bf00122574 · Cited by 15,467
Kahneman, D., & Tversky, A. (1984) · American Psychologist · doi:10.1037/0003-066x.39.4.341 · Cited by 6,544
Status quo bias in decision making
Samuelson, W., & Zeckhauser, R. (1988) · Journal of Risk and Uncertainty · doi:10.1007/bf00055564 · Cited by 5,897
Kahneman, D. J., & Tversky, A. (2013) · World Scientific handbook in financial economic series · doi:10.1142/9789814417358_0016 · Cited by 5,379
Are Investors Reluctant to Realize Their Losses?
Terrance Odean, B. (1998) · The Journal of Finance · doi:10.1111/0022-1082.00072 · Cited by 3,886
The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence
SHEFRIN, H., & STATMAN, M. (1985) · The Journal of Finance · doi:10.1111/j.1540-6261.1985.tb05002.x · Cited by 3,553
Myopic Loss Aversion and the Equity Premium Puzzle
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Volume, Volatility, Price, and Profit When All Traders Are Above Average
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Research works printed but not linked: 3
- Constantinides, 1985, The disposition to sell winners too early and ride losers too long: Theory and evidence: Discussion, Journal of Finance, 40, 791, 10.2307/2327803 · DOI
- Heisler, 1994, Loss aversion in a futures market: An empirical analysis, The Review of Futures Markets, 13, 793
- Ross, S.A., 1998. Samuelson’s fallacy of large numbers revisited, Working Paper. MIT, Cambridge, MA
Cited by
Sorted by citations
Barber, B. M., & Odean, T. (2008) · Review of Financial Studies · doi:10.1093/rfs/hhm079 · Cited by 4,556
Loss Aversion and Seller Behavior: Evidence from the Housing Market
Genesove, D., & Mayer, C. (2001) · The Quarterly Journal of Economics · doi:10.1162/003355301753265561 · Cited by 1,628
Grinblatt, M., & Keloharju, M. (2001) · The Journal of Finance · doi:10.1111/0022-1082.00338 · Cited by 1,298
Does Market Experience Eliminate Market Anomalies?
List, J. A. (2003) · The Quarterly Journal of Economics · doi:10.1162/00335530360535144 · Cited by 1,183
Prospect theory, mental accounting, and momentum
Grinblatt, M. S., & Han, B. (2005) · Journal of Financial Economics · doi:10.1016/j.jfineco.2004.10.006 · Cited by 1,076
Metadata
- Authors
- Shapira, Z., & Venezia, I.
- Affiliations
- New York University (US)
- University of Southern California (US)
- Corresponding author
- Venezia, Itzhak
- ORCID
- Venezia, Itzhak
- Venue
- Journal of Banking & Finance
- Publisher
- Elsevier BV
- Published
- 2001-08
- Volume
- 25
- Issue
- 8
- Pages
- 1573-1587
- ISSN
- 0378-4266 (ISSN-L)
- OpenAlex
- W3121422576
- Cited by
- 699
- References
- 41
- Citations by year
- 2026: 10 · 2025: 17 · 2024: 52 · 2023: 28 · 2022: 21 · 2021: 25 · 2020: 25 · 2019: 34 · 2018: 44 · 2017: 23 · 2016: 31 · 2015: 33 · 2014: 29 · 2013: 23 · 2012: 47
- FWCI
- 22.14
- Type
- journal article
- Language
- en
- Open access
- green
- doi.org
- Locations
- Journal of Banking & Finance (publishedVersion)
- SSRN Electronic Journal (acceptedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Finance › Financial Markets and Investment Strategies
- Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
- Social Sciences › Economics, Econometrics and Finance › Finance › Corporate Finance and Governance
- Keywords
- disposition effect, investor behavior, trading frequency, trading volume, trading profitability, portfolio diversification, round trips, brokerage accounts
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