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 …

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 …

during investment processes. This paper presents an alternate view on the drivers behind entrepreneurs’ risk-taking behavior …This paper presents evidence on the role of the endowment effect in shaping the risk-taking behavior of entrepreneurs …

between financial wealth and participation as well as conditional stock share. With respect to these investment behaviors and … to consumption pattern, assuming common preference parameters and the high historical equity risk premium, the results …

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 … MLA. Longer investment horizons and less frequent feedback lead to higher investments. However, when given the choice …

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 … MLA. Longer investment horizons and less frequent feedback lead to higher investments. However, when given the choice …

This chapter surveys the rapidly growing literature in which risk preferences are measured and manipulated in … laboratory and field experiments. The most commonly used measurement instruments are: an investment task for allocations between … menus. Applications involve using inferred risk preferences to document demographic effects, e.g. gender, and to explain the …

We report the results of a laboratory experiment testing for the existence of loss aversion in a standard risk aversion … protocol (Holt and Laury, 2002). In our experiment, participants earn and retain money for a week before using it in an … incentivized risk preference elicitation task. We find loss aversion, distinct from risk aversion, has a significant effect on …