Myopic Loss Aversion: Information Feedback vs. Investment Flexibility

descriptionPublicationkeyboard_double_arrow_right Article , Research , Other literature type , Preprint 01 Jan 2004 Netherlands English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Bellemare, C.; Krause, M.; Kroger, S.; Zhang, C.;

doi: 10.2139/ssrn.557822 , 10.1016/j.econlet.2004.12.011

Myopic Loss Aversion: Information Feedback vs. Investment Flexibility

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Abstract

We experimentally disentangle the effect of information feedback from the effect of investment flexibility on the investment behavior of a myopically loss averse investor.Our findings show that varying the information condition alone suffices to induce behavior that is in line with the hypothesis of Myopic Loss Aversion.

Country

Netherlands

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Keywords

information; investment, information;investment, investment, information, jel: jel:D81, jel: jel:C91

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