Impact of Investors’ Loss Aversion and Overconfidence on Market Performance Evidence from China Stock Markets
- 10.2991/assehr.k.211209.330How to use a DOI?
- Loss-aversion; overconfidence; stock market; behavioral finance
This paper proposes a research that aims to answer how the loss-aversion and overconfidence treated as potential investor biases can potentially affect the performance of the listed companies operating in the market. This paper examines how loss aversion of investors influences the companies’ performance and how overconfidence of investors impacts on the companies’ performance. The research proposes a potential econometric model to represent the impact of investors’ loss aversion and overconfidence on market performance and does a solid analysis on the behavioral economics especially in China stock market. Many studies have been done on the relationship of biases and investment decision making but still there is a gap to bring in new moderators and mediators in it. With the empirical model built in this research, more information about behavioral economics could be revealed.
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Hu Yiwen PY - 2021 DA - 2021/12/15 TI - Impact of Investors’ Loss Aversion and Overconfidence on Market Performance Evidence from China Stock Markets BT - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021) PB - Atlantis Press SP - 2022 EP - 2025 SN - 2352-5428 UR - https://doi.org/10.2991/assehr.k.211209.330 DO - 10.2991/assehr.k.211209.330 ID - Yiwen2021 ER -