Abstract
This paper analyzes gender differences in the repurchase effect in an experiment based on Frydman and Camerer (2016). The results show that women exhibit a significantly higher repurchase effect than men. Specifically, women are more reluctant than men to repurchase a stock that increases in price following a prior sale. However, no significant gender difference in the repurchase of a sold stock that decreases in price is found. Furthermore, women are more strongly impacted than men by regret and disappointment from repurchasing a sold stock that increases in price, but no such impact exists from repurchasing a sold stock that decreases in price.
Original language | English (US) |
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Pages (from-to) | 134-140 |
Number of pages | 7 |
Journal | Journal of Behavioral and Experimental Economics |
Volume | 75 |
DOIs | |
State | Published - Aug 2018 |
Bibliographical note
Funding Information:This work was supported by the National Natural Science Foundation of China (Grant numbers: 71673152; 71533002 ).
Funding Information:
This work was supported by the National Natural Science Foundation of China (Grant numbers: 71673152; 71533002).
Publisher Copyright:
© 2018
Keywords
- Disappointment
- Gender
- Regret
- Repurchase effect