The role of regret and disappointment in the repurchase effect: Does gender matter?

Jianbiao Li; Dahui Li; Qian Cao; Xiaofei Niu

doi:10.1016/j.socec.2018.06.005

The role of regret and disappointment in the repurchase effect: Does gender matter?

Jianbiao Li, Dahui Li, Qian Cao, Xiaofei Niu

Management Studies

Research output: Contribution to journal › Article › peer-review

4 Scopus citations

Abstract

This paper analyzes gender differences in the repurchase effect in an experiment based on Frydman and Camerer (2016). The results show that women exhibit a significantly higher repurchase effect than men. Specifically, women are more reluctant than men to repurchase a stock that increases in price following a prior sale. However, no significant gender difference in the repurchase of a sold stock that decreases in price is found. Furthermore, women are more strongly impacted than men by regret and disappointment from repurchasing a sold stock that increases in price, but no such impact exists from repurchasing a sold stock that decreases in price.

Original language	English (US)
Pages (from-to)	134-140
Number of pages	7
Journal	Journal of Behavioral and Experimental Economics
Volume	75
DOIs	https://doi.org/10.1016/j.socec.2018.06.005
State	Published - Aug 2018

Bibliographical note

Funding Information:
This work was supported by the National Natural Science Foundation of China (Grant numbers: 71673152; 71533002 ).

Funding Information:
This work was supported by the National Natural Science Foundation of China (Grant numbers: 71673152; 71533002).

Publisher Copyright:
© 2018

Keywords

Disappointment
Gender
Regret
Repurchase effect

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title = "The role of regret and disappointment in the repurchase effect: Does gender matter?",

abstract = "This paper analyzes gender differences in the repurchase effect in an experiment based on Frydman and Camerer (2016). The results show that women exhibit a significantly higher repurchase effect than men. Specifically, women are more reluctant than men to repurchase a stock that increases in price following a prior sale. However, no significant gender difference in the repurchase of a sold stock that decreases in price is found. Furthermore, women are more strongly impacted than men by regret and disappointment from repurchasing a sold stock that increases in price, but no such impact exists from repurchasing a sold stock that decreases in price.",

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AU - Cao, Qian

AU - Niu, Xiaofei

N1 - Funding Information: This work was supported by the National Natural Science Foundation of China (Grant numbers: 71673152; 71533002 ). Funding Information: This work was supported by the National Natural Science Foundation of China (Grant numbers: 71673152; 71533002). Publisher Copyright: © 2018

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N2 - This paper analyzes gender differences in the repurchase effect in an experiment based on Frydman and Camerer (2016). The results show that women exhibit a significantly higher repurchase effect than men. Specifically, women are more reluctant than men to repurchase a stock that increases in price following a prior sale. However, no significant gender difference in the repurchase of a sold stock that decreases in price is found. Furthermore, women are more strongly impacted than men by regret and disappointment from repurchasing a sold stock that increases in price, but no such impact exists from repurchasing a sold stock that decreases in price.

AB - This paper analyzes gender differences in the repurchase effect in an experiment based on Frydman and Camerer (2016). The results show that women exhibit a significantly higher repurchase effect than men. Specifically, women are more reluctant than men to repurchase a stock that increases in price following a prior sale. However, no significant gender difference in the repurchase of a sold stock that decreases in price is found. Furthermore, women are more strongly impacted than men by regret and disappointment from repurchasing a sold stock that increases in price, but no such impact exists from repurchasing a sold stock that decreases in price.

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The role of regret and disappointment in the repurchase effect: Does gender matter?

Abstract

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Keywords

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