Eriksen, Kristoffer; Kvaløy, Ola - Handelshøgskolen, Universitetet i Stavanger - 2012
There is a common notion that incentive schemes in the financial industry trigger myopia and risk-taking. In some sense this contrasts with the concept of myopic loss aversion (MLA), which implies that myopia mitigates risk-taking. A number of experimental studies support the MLA-hypothesis by...