Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

Impact of Investors’ Loss Aversion and Overconfidence on Market Performance Evidence from China Stock Markets

Authors
Hu Yiwen
Rocky Hill Country Day School, 530 Ives Road, East Greenwich, Rhode Island, 02818, USA
*Corresponding author. Email:cynthiahuyw@gmail.com
Corresponding Author
Hu Yiwen
Available Online 15 December 2021.
DOI
10.2991/assehr.k.211209.330How to use a DOI?
Keywords
Loss-aversion; overconfidence; stock market; behavioral finance
Abstract

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.

Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
978-94-6239-483-4
ISSN
2352-5428
DOI
10.2991/assehr.k.211209.330How to use a DOI?
Copyright
© 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  -