- Original authors / creators
- Sumeet Lal; Trinh Xuan Thi Nguyen; Aliyu Ali Bawalle; Mostafa Saidur Rahim Khan; Yoshihiko Kadoya
- Original publication
- Behavioral Sciences · Multidisciplinary Digital Publishing Institute (MDPI) · 2024-09-09
- License & retained notices
- CC BY 4.0
© 2024 by the authors.
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- Evidence limits
- Adjacent research, not a directly sampled family-office study. Applicability to a family office requires separate assessment. Although this study provides valuable insights, it has some limitations. First, this study defines panic selling as the sale of all or a significant portion of holdings during the pandemic. However, this classification may not fully capture the nuances of investor behavior, as some sales may have been driven by factors other than panic. Additionally, due to the lack of data on whether these investors reentered the market, we cannot definitively confirm that these sales were made in a state of panic. Second, our data focused solely on internet-based customers, limiting the generalizability of our findings. Third, our analysis was based on panic selling data from a single wave, restricting the depth of longitudinal evidence available on panic selling behavior. Therefore, future research should employ broader data collection methods and longitudinal studies, exploring how panic selling behavior evolves among hyperbolic discounters as the pandemic situation improves gradually.
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- Preserved record
- Rights and full text checked 2026-11-05. Included in this volume on 2026-11-05. Original source dates remain unchanged.
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