Fellner, Gerlinde; Sutter, Matthias - Wirtschaftswissenschaftliche Fakultät, … - 2008
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 …