Browsing by Author "Loos, Benjamin"

Now showing items 1-3 of 3

    • Smart (Phone) Investing? A Within Investor-Time Analysis of New Technologies and Trading Behavior 

      Kalda, Ankit; Loos, Benjamin; Previtero, Alessandro; Hackethal, Andreas (2021-02-02)
      Using transaction-level data from two German banks, we study the effects of smartphones on investor behavior. Comparing trades by the same investor in the same month across different platforms, we find that smartphones ...

    • The Disposition Effect in Boom and Bust Markets 

      Bernard, Sabine; Loos, Benjamin; Weber, Martin (2021-02-05)
      The disposition effect is implicitly assumed to be constant over time. However, drivers of the disposition effect (preferences and beliefs) are rather countercyclical. We use individual investor trading data covering several ...

    • The Trading Response of Individual Investors to Local Bankruptcies 

      Laudenbach, Christine; Loos, Benjamin; Pirschel, Jenny; Wohlfart, Johannes (2020-03-20)
      We use data from a German online brokerage and a survey to show that retail investors sharply reduce risk-taking in response to nearby firm bankruptcies, which are not predictive of returns. The effects on trading are ...