Predicting Contemporary Volume with Historic Volume at Differential Price Level: Prospect Theory vs. Regret Aversion

QSpace/Manakin Repository

Predicting Contemporary Volume with Historic Volume at Differential Price Level: Prospect Theory vs. Regret Aversion

Show simple item record


dc.contributor.author El Khouri, Ritab en_US
dc.date.accessioned 2009-11-25T12:43:24Z
dc.date.available 2009-11-25T12:43:24Z
dc.date.issued 1995 en_US
dc.identifier.citation Journal of Administrative Sciences and Economics, 1995, Vol. 6, Pages 141-155. en_US
dc.identifier.uri http://hdl.handle.net/10576/6914
dc.description.abstract This paper studies the behaviour of investors in the Amman Stock Exchange (ASE) through emphasising two behavioural theories: prospect theory and regret aversion theory. Prospect theory predicts disposition to sell winner stocks and ride loser stocks. Regret aversion, on the other hand, explains why investors may have difficulty in realising gains as well as losses. A new methodology is used to examine the relationship between volume at a given point in time and volume that took place in the past at different stock price level. The results support the prospect theory that investors show an inclination to sell shares for which price increased and keep shares for which price decreased. en_US
dc.language.iso en en_US
dc.publisher Qatar University en_US
dc.subject Economics en_US
dc.title Predicting Contemporary Volume with Historic Volume at Differential Price Level: Prospect Theory vs. Regret Aversion en_US
dc.type Article en_US
dc.identifier.pagination 141-155 en_US
dc.identifier.volume 6 en_US

Files in this item

Files Size Format View
abstract.pdf 1.964Kb PDF View/Open
abstract.doc 20.5Kb Microsoft Word View/Open
049506-0013-fulltext.pdf 495.5Kb PDF View/Open

This item appears in the following Collection(s)

Show simple item record

Search QSpace


Advanced Search

Browse

My Account