Myopic loss aversion revisited

In this paper we reexamine several experimental papers on myopic loss aversion by analyzing individual rather than aggregate choice patterns. We find that the behavior of the majority of subjects is inconsistent with the hypothesis of myopic loss aversion.

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Year of publication:	2009
Authors:	Blavatskyy, Pavlo ; Pogrebna, Ganna
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 104.2009, 1, p. 43-45
Publisher:	Elsevier
Keywords:	Myopic loss aversion Evaluation period Prospect theory Random error

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005023463