This paper investigates how framing manipulations affect the quantity and quality of decisions. In a field experiment … answered questions - seek more risk - pupils in the Negative Treatment seem to increase the quality of answers - answer more …

psychological channels underlying such a bias is scarce. We present a laboratory experiment designed to investigate the sunk cost …-stage investment task in which an initial investment needs to be made to start a project. In the initial investment stage, the size of … the investment and the responsibility of the investor are exogenously varied. In the second investment stage, participants …

Loss aversion has been shown to be an important driver of people’s investment decisions. Encouraged by regulators …, financial institutions are in search of ways to incorporate clients’ loss aversion in their risk classifications. The most … risk-profiling application of an established financial institution. In total, we elicit loss aversion for 1,040 employees …

, however, in discussion of the practical relevance and the generalizability of the phenomenon. We designed an experiment that …

attractive attracted under risk conditions. …

experiment to compare the betting behavior under the information feedback frequency and investment flexibility. According to the …The prospect theory proposed by (Kahneman and Tversky, 1979) stated that people are risk-averse when faced with profits … and risk-loving when faced with loss. Benartzi and Thaler (1995) combined the Myopic Loss Aversion and Mental Accounting …

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 …