메뉴 건너뛰기




Volumn 119, Issue 537, 2009, Pages 900-916

Causes, consequences, and cures of myopic loss aversion - An experimental investigation

Author keywords

[No Author keywords available]

Indexed keywords

EXPERIMENTAL STUDY; FEEDBACK MECHANISM; INVESTMENT LOCATION; RISK ASSESSMENT; THEORETICAL STUDY;

EID: 62749101201     PISSN: 00130133     EISSN: 14680297     Source Type: Journal    
DOI: 10.1111/j.1468-0297.2009.02251.x     Document Type: Article
Times cited : (58)

References (24)
  • 1
    • 0038458652 scopus 로고    scopus 로고
    • 'Small feedback-based decisions and their limited correspondence to description-based decisions'
    • Barron, G. and Erev, I. (2003). 'Small feedback-based decisions and their limited correspondence to description-based decisions', Journal of Behavioral Decision Making, vol. 16, pp. 215-33.
    • (2003) Journal of Behavioral Decision Making , vol.16 , pp. 215-233
    • Barron, G.1    Erev, I.2
  • 2
    • 18744370212 scopus 로고    scopus 로고
    • 'Myopic loss aversion: Information feedback vs. investment flexibility'
    • Bellemare, C., Krause, M., Kröger, S. and Zhang, C. (2005). 'Myopic loss aversion: Information feedback vs. investment flexibility', Economics Letters, vol. 87, pp. 319-24.
    • (2005) Economics Letters , vol.87 , pp. 319-324
    • Bellemare, C.1    Krause, M.2    Kröger, S.3    Zhang, C.4
  • 3
    • 84906006114 scopus 로고
    • 'Myopic loss aversion and the equity premium puzzle'
    • Benartzi, S. and Thaler, R. (1995). 'Myopic loss aversion and the equity premium puzzle', Quarterly Journal of Economics, vol. 110, pp. 73-92.
    • (1995) Quarterly Journal of Economics , vol.110 , pp. 73-92
    • Benartzi, S.1    Thaler, R.2
  • 4
    • 1842832021 scopus 로고    scopus 로고
    • 'Save more tomorrow: Using behavioral economics to increase employee savings'
    • Benartzi, S. and Thaler, R. (2004). 'Save more tomorrow: Using behavioral economics to increase employee savings', Journal of Political Economy, vol. 112, pp. 164-87.
    • (2004) Journal of Political Economy , vol.112 , pp. 164-187
    • Benartzi, S.1    Thaler, R.2
  • 7
    • 11144260866 scopus 로고    scopus 로고
    • 'For better or worse: Default effects and 401(k) savings behaviour'
    • in (D. Wise, ed.) Chicago: University of Chicago Press
    • Choi, J.J., Laibson, D., Madrian, B. and Metrick, A. (2004). 'For better or worse: Default effects and 401(k) savings behaviour', in (D. Wise, ed.), Perspectives in the Economics of Aging, pp. 81-126, Chicago: University of Chicago Press.
    • (2004) Perspectives in the Economics of Aging , pp. 81-126
    • Choi, J.J.1    Laibson, D.2    Madrian, B.3    Metrick, A.4
  • 8
    • 0001688806 scopus 로고
    • 'The "gambler's fallacy" in lottery play'
    • Clotfelter, C.T. and Cook, P.J. (1993). 'The "gambler's fallacy" in lottery play', Management Science, vol. 39, pp. 1521-5.
    • (1993) Management Science , vol.39 , pp. 1521-1525
    • Clotfelter, C.T.1    Cook, P.J.2
  • 9
    • 34248161108 scopus 로고    scopus 로고
    • 'z-Tree: Zurich toolbox for ready-made economic experiments'
    • Fischbacher, U. (2007). 'z-Tree: Zurich toolbox for ready-made economic experiments', Experimental Economics, vol. 10, pp. 171-8.
    • (2007) Experimental Economics , vol.10 , pp. 171-178
    • Fischbacher, U.1
  • 10
    • 0142219271 scopus 로고    scopus 로고
    • 'Evaluation periods and asset prices in a market experiment'
    • Gneezy, U., Kapteyn, A. and Potters, J. (2003). 'Evaluation periods and asset prices in a market experiment', Journal of Finance, vol. 58, pp. 821-37.
    • (2003) Journal of Finance , vol.58 , pp. 821-837
    • Gneezy, U.1    Kapteyn, A.2    Potters, J.3
  • 11
    • 0039054523 scopus 로고    scopus 로고
    • 'An experiment on risk taking and evaluation periods'
    • Gneezy, U. and Potters, J. (1997). 'An experiment on risk taking and evaluation periods', Quarterly Journal of Economics, vol. 112, pp. 631-45.
    • (1997) Quarterly Journal of Economics , vol.112 , pp. 631-645
    • Gneezy, U.1    Potters, J.2
  • 12
    • 34247632380 scopus 로고    scopus 로고
    • 'An online recruitment system for economic experiments'
    • in (K. Kremer and V. Macho, eds.) GWDG Bericht 63. Gesellschaft für Wissenschaftliche Datenverarbeitung Göttingen: Klartext
    • Greiner, B. (2004). 'An online recruitment system for economic experiments', in (K. Kremer and V. Macho, eds.), Forschung und wissenschaftliches Rechnen 2003. GWDG Bericht 63. Gesellschaft für Wissenschaftliche Datenverarbeitung, pp. 79-93, Göttingen: Klartext.
    • (2004) Forschung Und Wissenschaftliches Rechnen 2003 , pp. 79-93
    • Greiner, B.1
  • 13
    • 12344333862 scopus 로고    scopus 로고
    • 'Do professional traders exhibit myopic loss aversion?'
    • Haigh, M. and List, J.A. (2005). 'Do professional traders exhibit myopic loss aversion?', Journal of Finance, vol. 60, pp. 523-34.
    • (2005) Journal of Finance , vol.60 , pp. 523-534
    • Haigh, M.1    List, J.A.2
  • 14
    • 0000125532 scopus 로고
    • 'Prospect theory: An analysis of decision under risk'
    • Kahneman, D. and Tversky, A. (1979). 'Prospect theory: An analysis of decision under risk', Econometrica, vol. 47, pp. 263-91.
    • (1979) Econometrica , vol.47 , pp. 263-291
    • Kahneman, D.1    Tversky, A.2
  • 15
    • 0041906967 scopus 로고
    • 'Choices, values and frames'
    • Kahneman, D. and Tversky, A. (1984). 'Choices, values and frames', American Psychologist, vol. 39, pp. 341-50.
    • (1984) American Psychologist , vol.39 , pp. 341-350
    • Kahneman, D.1    Tversky, A.2
  • 16
    • 49049101335 scopus 로고    scopus 로고
    • 'Does commitment or feedback influence myopic loss aversion? An experimental analysis'
    • Langer, T. and Weber, M. (2008). 'Does commitment or feedback influence myopic loss aversion? An experimental analysis', Journal of Economic Behavior and Organization, vol. 67, pp. 810-19.
    • (2008) Journal of Economic Behavior and Organization , vol.67 , pp. 810-819
    • Langer, T.1    Weber, M.2
  • 18
    • 62749092246 scopus 로고    scopus 로고
    • 'How behavioral finance can inform retirement plan design'
    • Mitchell, O.S. and Utkus, S.P. (2006). 'How behavioral finance can inform retirement plan design', Journal of Applied Corporate Finance, vol. 18, pp. 82-94.
    • (2006) Journal of Applied Corporate Finance , vol.18 , pp. 82-94
    • Mitchell, O.S.1    Utkus, S.P.2
  • 19
    • 0342642164 scopus 로고
    • 'Knee-deep in the big muddy: A study of escalating commitment to a chosen course of action'
    • Staw, B. (1976). 'Knee-deep in the big muddy: A study of escalating commitment to a chosen course of action', Organizational Behavior and Human Decision Processes, vol. 16, pp. 27-44.
    • (1976) Organizational Behavior and Human Decision Processes , vol.16 , pp. 27-44
    • Staw, B.1
  • 20
    • 34548480938 scopus 로고    scopus 로고
    • 'Are teams prone to myopic loss aversion? An experimental study on individual versus team investment behavior'
    • Sutter, M. (2007). 'Are teams prone to myopic loss aversion? An experimental study on individual versus team investment behavior', Economics Letters, vol. 97, pp. 128-32.
    • (2007) Economics Letters , vol.97 , pp. 128-132
    • Sutter, M.1
  • 21
    • 0000538440 scopus 로고
    • 'Mental accounting and consumer choice'
    • Thaler, R. (1985). 'Mental accounting and consumer choice', Marketing Science, vol. 4, pp. 199-214.
    • (1985) Marketing Science , vol.4 , pp. 199-214
    • Thaler, R.1
  • 22
    • 0000630111 scopus 로고
    • 'Gambling with the house money and trying to break even: The effect of prior outcomes on risky choice'
    • Thaler, R. and Johnson, E. J. (1990). 'Gambling with the house money and trying to break even: The effect of prior outcomes on risky choice', Management Science, vol. 36, pp. 643-60.
    • (1990) Management Science , vol.36 , pp. 643-660
    • Thaler, R.1    Johnson, E.J.2
  • 23
    • 0040833096 scopus 로고    scopus 로고
    • 'The effect of myopia and loss aversion on risk taking: An experimental test'
    • Thaler, R.H., Tversky, A., Kahneman, D. and Schwartz, A. (1997). 'The effect of myopia and loss aversion on risk taking: An experimental test', Quarterly Journal of Economics, vol. 112, pp. 647-61.
    • (1997) Quarterly Journal of Economics , vol.112 , pp. 647-661
    • Thaler, R.H.1    Tversky, A.2    Kahneman, D.3    Schwartz, A.4
  • 24
    • 31744450082 scopus 로고
    • 'Advances in prospect theory cumulative representation of uncertainty'
    • Tversky, A and Kahneman, D. (1992). 'Advances in prospect theory cumulative representation of uncertainty', Journal of Risk and Uncertainty, vol. 5, pp. 297-323.
    • (1992) Journal of Risk and Uncertainty , vol.5 , pp. 297-323
    • Tversky, A.1    Kahneman, D.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.