Limits to Myopic loss aversion and learning

被引：0

作者：

Morais, Marcleiton Ribeiro ^{[1
]}

Schoti, Camila ^{[2
]}

Resende, Jose Guilherme de Lara ^{[3
]}

Tabak, Benjamin Miranda ^{[4
]}

机构：

[1] Univ Fed Tocantins, Dept Econ, Quadra 109 Norte, ALCNO-14, Ave NS-15, Plano Diret, Palmas, TO, Brazil

[2] Eneva, Praia Botafogo 501, Torre Corcovado, Sala 404 B, Rio De Janeiro, RJ, Brazil

[3] Univ Brasilia, Dept Econ, Predio FACE,Campus Darci Ribeiro, Brasilia, DF, Brazil

[4] Fundacao Getulio Vargas FGV EPPG, Sch Publ Policy & Govt, SGAN Quadra 602,Modulos A, B e C Asa Norte, Brasilia, DF, Brazil

来源：

ECONOMICS LETTERS | 2023年 / 229卷

关键词：

Myopic loss aversion; Prospect theory; Aggregation of results;

D O I：

10.1016/j.econlet.2023.111190

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper investigates the effects of limiting the evaluation period in a typical experiment to measure myopic loss aversion (MLA). We corroborate previous results and found that the aggregation effect had diminishing returns. This indicates that there is a point where limiting investor access to the results of the portfolio ceases to yield a significant MLA. We also found evidence of a learning process occurring during the experiment.& COPY; 2023 Elsevier B.V. All rights reserved.

引用

页数：5

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