Shefrin-and-Statman，1985-行为金融学经典文献导读.pdf

American Finance Association The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence Author(s): Hersh Shefrin and Meir Statman Source: The Journal of Finance, Vol. 40, No. 3, Papers and Proceedings of the Forty-Third Annual Meeting American Finance Association, Dallas, Texas, December 28-30, 1984 (Jul., 1985), pp. 777-790 Published by: Blackwell Publishing for the American Finance Association Stable URL: /stable/2327802 Accessed: 04/11/2009 20:44 Your use of the JSTOR archive indicates your acceptance of JSTORs Terms and Conditions of Use, available at /page/info/about/policies/terms.jsp. JSTORs Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at /action/showPublisher?publisherCode=black. Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@. Blackwell Publishing and American Finance Association are collaborating with JSTOR to digitize, preserve and extend access to The Journal of Finance. THE JOURNALOF FINANCE * VOL. XL, NO. 3 * JULY 1985 The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence