Myopic loss aversion: Potential causes of replication failures – ERRATUM
Judgment and Decision Making, 2023 Alexander Klos
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Do Professional Traders Exhibit Myopic Loss Aversion? An Experimental Analysis [PDF]
Two behavioral concepts, loss aversion and mental accounting, have been combined to provide a theoretical explanation of the equity premium puzzle. Recent experimental evidence supports the theory, as students-behavior has been found to be consistent ...
John A. List, Michael Haigh
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EXPLAINING DIFFERENCES IN PRICES RECEIVED BY FARMERS: TESTING THEORY BASED ON ACTUAL FARMER TRANSACTIONS [PDF]
There has been considerable normative research about how farmers should make marketing decisions, but little positive research on what farmers really do.
Anderson, Kim B. +2 more
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Information Aggregation in Exponential Family Markets
, 2014 We consider the design of prediction market mechanisms known as automated market makers. We show that we can design these mechanisms via the mold of \emph{exponential family distributions}, a popular and well-studied probability distribution template ...
Chen Yiling +8 more
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Investors Facing Risk II: Loss Aversion and Wealth Allocation When Utility Is Derived From Consumption and Narrowly Framed Financial Investments [PDF]
This paper studies the attitude of non-professional investors towards financial losses and their decisions concerning wealth allocation among consumption, risky, and risk-free financial assets.
Rengifo, Erick W., Trifan, Emanuela
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The impact of feedback frequency on risk taking : how general ist the phenomenon? [PDF]
, 2000 In a recent QJE-article, Gneezy and Potters (1997) present experimental evidence for the impact of feedback frequency on individual risk taking behavior in repeated investment decisions.
Langer, Thomas, Weber, Martin
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The Impact of Feedback Frequency on Risk Taking: How general is the Phenomenon? [PDF]
In a recent QJE-article, Gneezy and Potters (1997) present experimental evidence for the impact of feedback frequency on individual risk taking behavior in repeated investment decisions.
Langer, Thomas, Weber, Martin
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Evaluation Periods and Asset Prices in a Market Experiment [PDF]
We test whether the frequency of feedback information about the performance of an investment portfolio and the flexibility with which the investor can change it influence her risk attitude in markets.In line with the prediction of Myopic Loss Aversion ...
Gneezy, U., Kapteyn, A., Potters, J.J.M.
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Does Aggregated Returns Disclosure Increase Portfolio Risk-Taking? [PDF]
Many previous experiments have found that, consistent with myopic loss aversion, subjects invest more in risky assets if they are given less frequent feedback about their returns, are shown their aggregated portfolio-level (rather than separate asset-by ...
Brigitte C. Madrian +3 more
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Disposition Effect on Two Classical Expected Utility Models:\ud Exponential and Power [PDF]
, 2009 A disposition effect is the observation that investors tend to sell winning stocks too early and hold losing stocks too long. In this paper, we investigate whether expected utility theory explains the disposition effect.
Cao, Bo
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