Browsing Journal Articles by Author "Joshy, Jacob"
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Influence of endogenous reference points on the selling decisions of retail investors
Joshy, Jacob; Pandey, Ajay; Bansal, Avijit (John Wiley & Sons, Inc., 2021-12-03)Using trader-level data, we examine the impact of the stock-specific endogenous reference points, the ‘realized-return’ and the ‘peak-return’ of the prior round on the selling propensity in a subsequent investment round ...