In this paper, we match data on student performance in a multiple-choice exam with data on student risk preferences … that are extracted from a classroom experiment. We find that more-loss-averse students leave more questions unanswered and … evidence that loss aversion parameters extracted from lottery choices in a controlled experiment have predictive power in a …

effect. We show that loss aversion, moral costs, mental accounting, and risk preferences play a key role in explaining key … that risk aversion strengthens the cautionary effect of loss aversion and risk loving behavior attenuates, or reverses, it …

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 …

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 …

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 …

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 …

two-asset problem of the PT investor for one risk-free and one risky asset and find that loss aversion and the reference … aversion and compare their portfolio performance with the performance of investors under CVaR, risk neutral, linear loss averse … investment outperforms MV investment in the US. Similar results, however, can not be observed in Europe. Finally, we analyze …

Although the link between risk aversion and diminishing marginal utility of wealth is academically well established …

, overconfidence bias, and regret aversion bias) and investment decisions through a meta-analysis approach. Design … at how emotional biases (loss aversion bias, regret aversion bias, and overconfidence bias) affect investment decisions … analysed 31 empirical studies and found a significant positive correlation between emotional biases and investment decisions …