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 study time preferences in a real-effort experiment with a one-month horizon. We report that two thirds of choices …

explained by avoiding cognitive dissonance as in Konow (2000). Our experiment's choice data is in line with this approach. In …

model based on cognitive dissonance that focuses on the importance of self-image. An experiment (a dictator game variant …

We study time preferences in a real-effort experiment with a one-month horizon. We report that two thirds of choices …

We examine in an experiment the causes, consequences and possible cures ofmyopic loss aversion (MLA) for investment … behaviour under risk. We find thatboth, investment horizons and feedback frequency contribute almost equally tothe effects of … MLA. Longer investment horizons and less frequent feedbacklead to higher investments. However, when given the choice …

Preference for control affects investment behavior. Participants of laboratory experiments invest different amount of …. Participants increase their investment when their preferred method of control is used. Participants who prefer to control more … reduce their investment more strongly when face with less control. Preference for control has larger effect on investment …

, therefore, invest more in such stocks'. We conducted an experiment in Jena, Germany to test whether subjects show local bias and … more in recognized and familiar but not local stocks. Our experiment shows no evidence that familiarity is a reason for …