Thaler, Richard H, et al - In: The Quarterly Journal of Economics 112 (1997) 2, pp. 647-61
Myopic loss aversion is the combination of a greater sensitivity to losses than to gains and a tendency to evaluate … outcomes frequently. Two implications of myopic loss aversion are tested experimentally. 1. Investors who display myopic loss … predictions are supported. The investors who got the most frequent feedback (and thus the most information) took the least risk …