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Table 1.

Descriptive statistics for the sample.

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Table 1 Expand

Table 2.

Disposition coefficients for distinct groups.

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Table 2 Expand

Table 3.

The disposition effect for return intervals.

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Table 3 Expand

Table 4.

Variables explaining selling behavior.

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Table 4 Expand

Table 5.

Propensity to sell for each return interval.

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Table 5 Expand

Fig 1.

A. Students versus professionals: the propensity to sell stocks is not stable across the return intervals when particular groups are considered. B. Males versus females: the propensity to sell stocks is not stable across the return intervals when particular groups are considered.

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Fig 1 Expand

Table 6.

Propensity to sell for negative and positive return intervals, by group.

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Table 6 Expand