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.
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页数：5
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