Noussair, Charles; Breaban, A. - Tilburg University, Center for Economic Research - 2014
fundamental value trajectories. Before the market begins, risk aversion, loss aversion, and cognitive reflection protocols are … prices. The greater the level of loss aversion of the trader cohort, the lower the quantity traded. The greater the average … groups in risk aversion, loss aversion, and CRT score, explains an additional 44% and 18% of the cohort-level variation in …