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08-112/2 - A Dynamic Model of Investor Decision-Making: How Adaptation to Losses affects Future Selling Decisions


  • Authors
    Carmen Lee, Marketing Department, VU University Amsterdam; Roman Kraeussl, Finance Dept., VU University Amsterdam; André Lucas, Finance Dept., VU University Amsterdam; Leonard J. Paas, Marketing Dept., VU University Amsterdam
  • Publication date
    November 17, 2008
  • Keywords
    adaptation, capitulation, selling decisions, investment
  • JEL
    C91, D03, D81