Get quick answers to your questions about the article from our AI researcher chatbot
{'id': 'https://openalex.org/W1970195576', 'doi': 'https://doi.org/10.1002/fut.20398', 'title': 'The disposition effect and investment performance in the futures market', 'display_name': 'The disposition effect and investment performance in the futures market', 'publication_year': 2009, 'publication_date': '2009-04-01', 'ids': {'openalex': 'https://openalex.org/W1970195576', 'doi': 'https://doi.org/10.1002/fut.20398', 'mag': '1970195576'}, 'language': 'en', 'primary_location': {'is_oa': False, 'landing_page_url': 'https://doi.org/10.1002/fut.20398', 'pdf_url': None, 'source': {'id': 'https://openalex.org/S136612413', 'display_name': 'Journal of Futures Markets', 'issn_l': '0270-7314', 'issn': ['0270-7314', '1096-9934'], 'is_oa': False, 'is_in_doaj': False, 'is_core': True, 'host_organization': 'https://openalex.org/P4310320595', 'host_organization_name': 'Wiley', 'host_organization_lineage': ['https://openalex.org/P4310320595'], 'host_organization_lineage_names': ['Wiley'], 'type': 'journal'}, 'license': None, 'license_id': None, 'version': None, 'is_accepted': False, 'is_published': False}, 'type': 'article', 'type_crossref': 'journal-article', 'indexed_in': ['crossref'], 'open_access': {'is_oa': False, 'oa_status': 'closed', 'oa_url': None, 'any_repository_has_fulltext': False}, 'authorships': [{'author_position': 'first', 'author': {'id': 'https://openalex.org/A5046070551', 'display_name': 'Hyuk Choe', 'orcid': None}, 'institutions': [{'id': 'https://openalex.org/I139264467', 'display_name': 'Seoul National University', 'ror': 'https://ror.org/04h9pn542', 'country_code': 'KR', 'type': 'education', 'lineage': ['https://openalex.org/I139264467']}], 'countries': ['KR'], 'is_corresponding': False, 'raw_author_name': 'Hyuk Choe', 'raw_affiliation_strings': ['College of Business Administration, Seoul National University, Seoul, Korea'], 'affiliations': [{'raw_affiliation_string': 'College of Business Administration, Seoul National University, Seoul, Korea', 'institution_ids': ['https://openalex.org/I139264467']}]}, {'author_position': 'last', 'author': {'id': 'https://openalex.org/A5034222850', 'display_name': 'Yunsung Eom', 'orcid': None}, 'institutions': [{'id': 'https://openalex.org/I24214720', 'display_name': 'Hansung University', 'ror': 'https://ror.org/048m9x696', 'country_code': 'KR', 'type': 'education', 'lineage': ['https://openalex.org/I24214720']}], 'countries': ['KR'], 'is_corresponding': False, 'raw_author_name': 'Yunsung Eom', 'raw_affiliation_strings': ['Division of Management, Hansung University, Seoul, Korea'], 'affiliations': [{'raw_affiliation_string': 'Division of Management, Hansung University, Seoul, Korea', 'institution_ids': ['https://openalex.org/I24214720']}]}], 'institution_assertions': [], 'countries_distinct_count': 1, 'institutions_distinct_count': 2, 'corresponding_author_ids': [], 'corresponding_institution_ids': [], 'apc_list': {'value': 2940, 'currency': 'USD', 'value_usd': 2940, 'provenance': 'doaj'}, 'apc_paid': None, 'fwci': 4.182, 'has_fulltext': True, 'fulltext_origin': 'ngrams', 'cited_by_count': 108, 'citation_normalized_percentile': {'value': 0.999912, 'is_in_top_1_percent': True, 'is_in_top_10_percent': True}, 'cited_by_percentile_year': {'min': 97, 'max': 98}, 'biblio': {'volume': '29', 'issue': '6', 'first_page': '496', 'last_page': '522'}, 'is_retracted': False, 'is_paratext': False, 'primary_topic': {'id': 'https://openalex.org/T10047', 'display_name': 'Asset Pricing and Market Efficiency', 'score': 0.9997, 'subfield': {'id': 'https://openalex.org/subfields/2003', 'display_name': 'Finance'}, 'field': {'id': 'https://openalex.org/fields/20', 'display_name': 'Economics, Econometrics and Finance'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}, 'topics': [{'id': 'https://openalex.org/T10047', 'display_name': 'Asset Pricing and Market Efficiency', 'score': 0.9997, 'subfield': {'id': 'https://openalex.org/subfields/2003', 'display_name': 'Finance'}, 'field': {'id': 'https://openalex.org/fields/20', 'display_name': 'Economics, Econometrics and Finance'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}, {'id': 'https://openalex.org/T10019', 'display_name': 'Corporate Governance and Financial Performance', 'score': 0.9954, 'subfield': {'id': 'https://openalex.org/subfields/1402', 'display_name': 'Accounting'}, 'field': {'id': 'https://openalex.org/fields/14', 'display_name': 'Business, Management and Accounting'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}, {'id': 'https://openalex.org/T11059', 'display_name': 'Impact of Oil Price Shocks on Economy', 'score': 0.989, 'subfield': {'id': 'https://openalex.org/subfields/2002', 'display_name': 'Economics and Econometrics'}, 'field': {'id': 'https://openalex.org/fields/20', 'display_name': 'Economics, Econometrics and Finance'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}], 'keywords': [{'id': 'https://openalex.org/keywords/disposition-effect', 'display_name': 'Disposition effect', 'score': 0.96448684}, {'id': 'https://openalex.org/keywords/sophistication', 'display_name': 'Sophistication', 'score': 0.8230797}, {'id': 'https://openalex.org/keywords/dividend-policy', 'display_name': 'Dividend Policy', 'score': 0.517315}, {'id': 'https://openalex.org/keywords/disposition', 'display_name': 'Disposition', 'score': 0.51429814}, {'id': 'https://openalex.org/keywords/behavioral-finance', 'display_name': 'Behavioral Finance', 'score': 0.501441}, {'id': 'https://openalex.org/keywords/efficient-market-hypothesis', 'display_name': 'Efficient-market hypothesis', 'score': 0.4860542}, {'id': 'https://openalex.org/keywords/investment', 'display_name': 'Investment (military)', 'score': 0.43041503}, {'id': 'https://openalex.org/keywords/stock', 'display_name': 'Stock (firearms)', 'score': 0.41613543}], 'concepts': [{'id': 'https://openalex.org/C63134877', 'wikidata': 'https://www.wikidata.org/wiki/Q1229229', 'display_name': 'Disposition effect', 'level': 3, 'score': 0.96448684}, {'id': 'https://openalex.org/C168725872', 'wikidata': 'https://www.wikidata.org/wiki/Q991663', 'display_name': 'Sophistication', 'level': 2, 'score': 0.8230797}, {'id': 'https://openalex.org/C106306483', 'wikidata': 'https://www.wikidata.org/wiki/Q183984', 'display_name': 'Futures contract', 'level': 2, 'score': 0.65061927}, {'id': 'https://openalex.org/C162324750', 'wikidata': 'https://www.wikidata.org/wiki/Q8134', 'display_name': 'Economics', 'level': 0, 'score': 0.6358467}, {'id': 'https://openalex.org/C106159729', 'wikidata': 'https://www.wikidata.org/wiki/Q2294553', 'display_name': 'Financial economics', 'level': 1, 'score': 0.57863975}, {'id': 'https://openalex.org/C38022665', 'wikidata': 'https://www.wikidata.org/wiki/Q1149305', 'display_name': 'Disposition', 'level': 2, 'score': 0.51429814}, {'id': 'https://openalex.org/C29368100', 'wikidata': 'https://www.wikidata.org/wiki/Q724931', 'display_name': 'Efficient-market hypothesis', 'level': 4, 'score': 0.4860542}, {'id': 'https://openalex.org/C2780299701', 'wikidata': 'https://www.wikidata.org/wiki/Q475000', 'display_name': 'Stock market', 'level': 3, 'score': 0.46199253}, {'id': 'https://openalex.org/C2777382242', 'wikidata': 'https://www.wikidata.org/wiki/Q6017816', 'display_name': 'Index (typography)', 'level': 2, 'score': 0.44963664}, {'id': 'https://openalex.org/C27548731', 'wikidata': 'https://www.wikidata.org/wiki/Q88272', 'display_name': 'Investment (military)', 'level': 3, 'score': 0.43041503}, {'id': 'https://openalex.org/C204036174', 'wikidata': 'https://www.wikidata.org/wiki/Q909380', 'display_name': 'Stock (firearms)', 'level': 2, 'score': 0.41613543}, {'id': 'https://openalex.org/C2983622608', 'wikidata': 'https://www.wikidata.org/wiki/Q2298435', 'display_name': 'Futures market', 'level': 3, 'score': 0.4118774}, {'id': 'https://openalex.org/C15744967', 'wikidata': 'https://www.wikidata.org/wiki/Q9418', 'display_name': 'Psychology', 'level': 0, 'score': 0.11490533}, {'id': 'https://openalex.org/C17744445', 'wikidata': 'https://www.wikidata.org/wiki/Q36442', 'display_name': 'Political science', 'level': 0, 'score': 0.09321797}, {'id': 'https://openalex.org/C94625758', 'wikidata': 'https://www.wikidata.org/wiki/Q7163', 'display_name': 'Politics', 'level': 2, 'score': 0.085160464}, {'id': 'https://openalex.org/C77805123', 'wikidata': 'https://www.wikidata.org/wiki/Q161272', 'display_name': 'Social psychology', 'level': 1, 'score': 0.074893564}, {'id': 'https://openalex.org/C36289849', 'wikidata': 'https://www.wikidata.org/wiki/Q34749', 'display_name': 'Social science', 'level': 1, 'score': 0.0}, {'id': 'https://openalex.org/C2779343474', 'wikidata': 'https://www.wikidata.org/wiki/Q3109175', 'display_name': 'Context (archaeology)', 'level': 2, 'score': 0.0}, {'id': 'https://openalex.org/C199539241', 'wikidata': 'https://www.wikidata.org/wiki/Q7748', 'display_name': 'Law', 'level': 1, 'score': 0.0}, {'id': 'https://openalex.org/C2780762169', 'wikidata': 'https://www.wikidata.org/wiki/Q5905368', 'display_name': 'Horse', 'level': 2, 'score': 0.0}, {'id': 'https://openalex.org/C144024400', 'wikidata': 'https://www.wikidata.org/wiki/Q21201', 'display_name': 'Sociology', 'level': 0, 'score': 0.0}, {'id': 'https://openalex.org/C136764020', 'wikidata': 'https://www.wikidata.org/wiki/Q466', 'display_name': 'World Wide Web', 'level': 1, 'score': 0.0}, {'id': 'https://openalex.org/C41008148', 'wikidata': 'https://www.wikidata.org/wiki/Q21198', 'display_name': 'Computer science', 'level': 0, 'score': 0.0}, {'id': 'https://openalex.org/C127413603', 'wikidata': 'https://www.wikidata.org/wiki/Q11023', 'display_name': 'Engineering', 'level': 0, 'score': 0.0}, {'id': 'https://openalex.org/C86803240', 'wikidata': 'https://www.wikidata.org/wiki/Q420', 'display_name': 'Biology', 'level': 0, 'score': 0.0}, {'id': 'https://openalex.org/C151730666', 'wikidata': 'https://www.wikidata.org/wiki/Q7205', 'display_name': 'Paleontology', 'level': 1, 'score': 0.0}, {'id': 'https://openalex.org/C78519656', 'wikidata': 'https://www.wikidata.org/wiki/Q101333', 'display_name': 'Mechanical engineering', 'level': 1, 'score': 0.0}], 'mesh': [], 'locations_count': 1, 'locations': [{'is_oa': False, 'landing_page_url': 'https://doi.org/10.1002/fut.20398', 'pdf_url': None, 'source': {'id': 'https://openalex.org/S136612413', 'display_name': 'Journal of Futures Markets', 'issn_l': '0270-7314', 'issn': ['0270-7314', '1096-9934'], 'is_oa': False, 'is_in_doaj': False, 'is_core': True, 'host_organization': 'https://openalex.org/P4310320595', 'host_organization_name': 'Wiley', 'host_organization_lineage': ['https://openalex.org/P4310320595'], 'host_organization_lineage_names': ['Wiley'], 'type': 'journal'}, 'license': None, 'license_id': None, 'version': None, 'is_accepted': False, 'is_published': False}], 'best_oa_location': None, 'sustainable_development_goals': [{'score': 0.51, 'id': 'https://metadata.un.org/sdg/17', 'display_name': 'Partnerships for the goals'}], 'grants': [], 'datasets': [], 'versions': [], 'referenced_works_count': 35, 'referenced_works': ['https://openalex.org/W140385109', 'https://openalex.org/W180068945', 'https://openalex.org/W1909496887', 'https://openalex.org/W1935715103', 'https://openalex.org/W1977145788', 'https://openalex.org/W2030360026', 'https://openalex.org/W2108818539', 'https://openalex.org/W2110496272', 'https://openalex.org/W2117728121', 'https://openalex.org/W2125884277', 'https://openalex.org/W2126732402', 'https://openalex.org/W2133037631', 'https://openalex.org/W2133469585', 'https://openalex.org/W2136408930', 'https://openalex.org/W2153956119', 'https://openalex.org/W2157323155', 'https://openalex.org/W2163642917', 'https://openalex.org/W2165584372', 'https://openalex.org/W2170815702', 'https://openalex.org/W2202544003', 'https://openalex.org/W2997960800', 'https://openalex.org/W3011865677', 'https://openalex.org/W3013607665', 'https://openalex.org/W3023376117', 'https://openalex.org/W3121252329', 'https://openalex.org/W3121294955', 'https://openalex.org/W3121422576', 'https://openalex.org/W3121463206', 'https://openalex.org/W3122430187', 'https://openalex.org/W3124282819', 'https://openalex.org/W3124469043', 'https://openalex.org/W3125196503', 'https://openalex.org/W3125388642', 'https://openalex.org/W3125696892', 'https://openalex.org/W4251715887'], 'related_works': ['https://openalex.org/W3124083265', 'https://openalex.org/W3123973510', 'https://openalex.org/W3121656509', 'https://openalex.org/W3121464277', 'https://openalex.org/W2915013350', 'https://openalex.org/W2388888268', 'https://openalex.org/W2382172622', 'https://openalex.org/W2381512918', 'https://openalex.org/W2360900806', 'https://openalex.org/W1981541739'], 'abstract_inverted_index': {'Abstract': [0], 'This': [1, 114], 'study': [2], 'examines': [3], 'whether': [4], 'the': [5, 10, 22, 37, 50, 53, 73, 88, 91, 109, 152], 'disposition': [6, 54], 'effect': [7, 51], '(DE),': [8], 'i.e.,': [9], 'tendency': [11], 'of': [12, 44, 122, 135, 145], 'investors': [13, 67], 'to': [14, 72, 86], 'ride': [15], 'losses': [16], 'and': [17, 39, 77, 82, 111, 131], 'realize': [18], 'gains,': [19], 'exists': [20], 'in': [21, 42, 95, 99], 'Korean': [23], 'stock': [24], 'index': [25], 'futures': [26], 'market.': [27], 'Using': [28], 'a': [29, 105], 'unique': [30], 'database,': [31], 'we': [32], 'find': [33, 142], 'strong': [34], 'evidence': [35, 144], 'for': [36], 'DE': [38, 74, 92, 110], 'explain': [40], 'this': [41], 'terms': [43], 'investor': [45], 'characteristics.': [46], 'We': [47], 'also': [48], 'investigate': [49], 'that': [52], 'bias': [55], 'has': [56], 'on': [57], 'investment': [58, 112], 'performance.': [59, 113], 'There': [60], 'are': [61, 68], 'four': [62], 'main': [63], 'findings.': [64], 'First,': [65], 'individual': [66], 'much': [69], 'more': [70], 'susceptible': [71], 'than': [75, 98], 'institutional': [76], 'foreign': [78], 'investors.': [79], 'Second,': [80], 'sophistication': [81], 'trading': [83], 'experience': [84], 'tend': [85], 'reduce': [87], 'DE.': [89, 153], 'Third,': [90], 'is': [93, 104, 116], 'stronger': [94], 'long': [96], 'positions': [97], 'short': [100], 'positions.': [101], 'Finally,': [102], 'there': [103], 'negative': [106], 'relationship': [107], 'between': [108], 'result': [115], 'consistent': [117], 'with': [118, 129, 151], 'Odean': [119], '(1998,': [120], 'Journal': [121, 134], 'Finance': [123], ',': [124, 138], '53,': [125], '1775–1798),': [126], 'but': [127], 'contrasts': [128], 'Locke': [130], 'Mann': [132], '(2005,': [133], 'Financial': [136], 'Economics': [137], '76,': [139], '401–444)': [140], 'who': [141], 'no': [143], 'any': [146], 'contemporaneous': [147], 'measurable': [148], 'costs': [149], 'associated': [150], '©': [154], '2009': [155, 163], 'Wiley': [156], 'Periodicals,': [157], 'Inc.': [158], 'Jrl': [159], 'Fut': [160], 'Mark': [161], '29:496–522,': [162]}, 'cited_by_api_url': 'https://api.openalex.org/works?filter=cites:W1970195576', 'counts_by_year': [{'year': 2024, 'cited_by_count': 8}, {'year': 2023, 'cited_by_count': 10}, {'year': 2022, 'cited_by_count': 5}, {'year': 2021, 'cited_by_count': 6}, {'year': 2020, 'cited_by_count': 7}, {'year': 2019, 'cited_by_count': 11}, {'year': 2018, 'cited_by_count': 8}, {'year': 2017, 'cited_by_count': 9}, {'year': 2016, 'cited_by_count': 8}, {'year': 2015, 'cited_by_count': 5}, {'year': 2014, 'cited_by_count': 11}, {'year': 2013, 'cited_by_count': 4}, {'year': 2012, 'cited_by_count': 2}], 'updated_date': '2024-09-19T03:36:25.620370', 'created_date': '2016-06-24'}