Showing 1 - 10 of 286
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 …
Persistent link: https://www.econbiz.de/10010293429
In this paper we experimentally test skewness preferences at the individual level. Several prospects that can be … ordered with respect to the third-degree stochastic dominance (3SD) criterion are ranked by the participants of the experiment …
Persistent link: https://www.econbiz.de/10010294775
We study portfolio diversification in an experimental decision task, where asset returns depend on a draw from an ambiguous urn. Holding other information identical and controlling for the level of ambiguity, we find that labeling assets as being familiar or from the homeland of subjects...
Persistent link: https://www.econbiz.de/10010397190
Myopic loss aversion (MLA) has been found to play a persistent role for investment behavior under risk. We study …
Persistent link: https://www.econbiz.de/10010312240
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 …
Persistent link: https://www.econbiz.de/10012614674
belief about the own rank in a real effort task, and subjects' risk preferences. In this paper I am able to replicate these …
Persistent link: https://www.econbiz.de/10010397176
We study the influence of gender and gender pairing on economic decision making in an experimental two-person bargaining game where the other party's gender is known to both actors. We find that (1) gender per se has no significant effect on behavior, whereas (2) gender pairing systematically...
Persistent link: https://www.econbiz.de/10010293381
We examine gender differences in trust in another party's cooperation (CC) or its ability (AC). While men and women do not differ concerning trust in cooperation, gender has a strong influence when trust in another subject's ability is required.
Persistent link: https://www.econbiz.de/10010293426
decisions in an experimental dictator game. In our experiment teams are more selfish than individuals, and the most selfish team …
Persistent link: https://www.econbiz.de/10010293433
inefficiencies, such as under- and overtreatment or market break-down. We study in a large experiment with 936 participants the …
Persistent link: https://www.econbiz.de/10010294835