Construct · 1 fields · 1 citations

trading as entertainment: a standalone construct

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Behavioral finance

stock trading driven by the enjoyment of gambling and excitement rather than by expected profit, linked to higher portfolio turnover.

In behavioral finance, trading as entertainment refers to stock trading driven by the enjoyment of gambling and excitement rather than by expected profit, linked to higher portfolio turnover. This meaning comes from Dorn (2009) in Management Science.[1]

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Nearby constructs

portfolio3 fields · 3 citationsjingle · one word, three constructs stock2 fields · 2 citationsjingle · one word, two constructs turnover4 fields · 4 citationsjingle · one word, four constructs

References

Dorn, D., & Sengmueller, P. (2009). Trading as Entertainment? Management Science, 55(4), 591-603. https://doi.org/10.1287/mnsc.1080.0962

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