Loss aversion, overconfidence of investors and their impact on market performance evidence from the US stock markets

@article{Bouteska2020LossAO,
  title={Loss aversion, overconfidence of investors and their impact on market performance evidence from the US stock markets},
  author={Ahmed Bouteska and Boutheina Regaieg},
  journal={Journal of Economics, Finance and Administrative Science},
  year={2020}
}
Purpose The current study aims to investigate the impacts of two behavioral biases, namely, loss aversion and overconfidence on the performance of US companies. First, the impact of loss aversion on the economic performance of companies was assessed. Second, the impact of overconfidence on market performance was discussed. Design/methodology/approach This study used around 6,777 quarterly observations on the population of US-insured industrial and services companies over the 2006-2016 period… 
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