Limits to Myopic Loss Aversion and Learning

This paper investigates the effects of limiting the evaluation period in a typical experiment to measure myopic loss aversion (MLA). We corroborate previous results and found that the aggregation effect had diminishing returns. This indicates that there is a point where limiting investor access to the results of the portfolio ceases to yield a significant MLA. We also found evidence of a learning process occurring during the experiment

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Year of publication:	[2023]
Authors:	Morais, Marcleiton ; Schoti, Camila ; Resende, José Guilherme de Lara ; Tabak, Benjamin Miranda
Publisher:	[S.l.] : SSRN
Subject:	Risikoaversion \| Risk aversion \| Lernprozess \| Learning process \| Prospect Theory \| Prospect theory \| Experiment

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Extent:	1 Online-Ressource (9 p)
Type of publication:	Book / Working Paper
Language:	English
Other identifiers:	10.2139/ssrn.4415042 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

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