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 …

a low-risk to a high-risk lottery can be used to infer the degree of risk aversion. A between-subjects experiment of …Lottery-choice experiments are conducted to compare risk preferences revealed by three-person groups versus isolated … individuals. A lottery-choice experiment consists of a menu of paired lottery choices structured so that the crossover point from …

individual, reaction times (Experiment 1) and event-related brain potentials (Experiment 2) were recorded as participants played …

There is evidence that risk-taking behavior is influenced by prior monetary gains and losses. When endowed with house … money, people become more risk taking. This paper is the first to report a house money effect in a dynamic, financial …

In this study we report the results of an experiment that examines how relatively sophisticated financial statement … income statement recognition than when management chooses footnote disclosure. We find no difference in investment amounts …

In this study we report the results of an experiment that examines how relatively sophisticated financial statement … income statement recognition than when management chooses footnote disclosure. We find no difference in investment amounts …