Question: Problem 9 - 6 ( Static ) Required: Jill Davis tells her broker that she does not want to sell her stocks that are below

Problem

9 - 6 (

Static

)

Required:

Jill Davis tells her broker that she does not want to sell her stocks that are below the price she paid for them. She believes that if she just holds on to them a littie longer, they will recover, at which time she will sell them. What behavioral characteristic does Davis display?

Loss aversion

Conservatism

Disposition effect

Problem 9-6(Static) Required: Jill Davis tells her broker that she does

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