Study reveals how regret shapes stock market decisions in real-time
The article explores how regret influences people's decisions to sell stocks as prices change. Participants in a stock market experiment were affected by regret about past high prices when they didn't know future prices. But when they did know future prices, they also avoided regret about expected high prices after selling. Participants switched between past and future regret depending on their sizes. This shows how different reference points affect sales decisions.