paper we address two issues related to the effects of MLA on risky investment decisions. First, we assess the relative … impact of feedback frequency and investment flexibility (via the investment horizon) on risky investments. Second, given that … we observe higher investments with a longer investment horizon, we examine conditions under which investors might …

increases investment levels. -- myopic loss aversion ; risk ; investment ; experiment …We examine in an experiment the causes, consequences and possible cures of myopic loss aversion (MLA) for investment … behaviour under risk. We find that both, investment horizons and feedback frequency contribute almost equally to the effects of …

Narrow bracketing in combination with loss aversion has been shown to reduce individual risk-taking. This is known as … investment environments, we systematically modified the seminal study design by Gneezy and Potters (1997) to include five key … adjustments. These involved realistic, down-scaled returns, return compounding, and extended investment horizons. Contrary to some …

We present results from a highly powered online experiment with 937 participants on Amazon Mechanical Turk (MTurk) that … examined whether MTurkers exhibit myopic loss aversion (MLA). The experiment consisted of measuring MLA-compliant behavior in … two between-subjects treatments that differed only regarding the risk profile of the risky asset employed. We found no …

investment decisions, but obtain help from financial investment advisors on how to allocate their wealth. The preferences and … choices of financial advisors are thus important for understanding investment behavior. In this paper we make use of 50 …

I exploit a natural experiment to show that household investment decisions depend on the manner in which information is …

increases in investors' risk aversion which in turn increases investors' proneness to familiarity bias. I hypothesize that …