No myopic loss aversion in adolescents? – An experimental note
Daniela Glätzle-Rützler,
Matthias Sutter and
Achim Zeileis ()
Journal of Economic Behavior & Organization, 2015, vol. 111, issue C, 169-176
Abstract:
Myopic loss aversion (MLA) has been found to play a persistent role for investment behavior under risk. We study whether MLA is already present during adolescence. Quite surprisingly, we find no evidence of MLA in a sample of 755 adolescents. This finding is at odds with previous findings, and it might be explained by self-selection effects. In other dimensions, however, we are able to replicate stylized findings in our pool of adolescents, such that teams invest higher amounts than individuals and that women invest less than men.
Keywords: Myopic loss aversion; Experiment; Adolescents; Team-decision making (search for similar items in EconPapers)
JEL-codes: C91 D03 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0167268114003345
Full text for ScienceDirect subscribers only
Related works:
Working Paper: No myopic loss aversion in adolescents? - An experimental note (2013) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:111:y:2015:i:c:p:169-176
DOI: 10.1016/j.jebo.2014.12.021
Access Statistics for this article
Journal of Economic Behavior & Organization is currently edited by Houser, D. and Puzzello, D.
More articles in Journal of Economic Behavior & Organization from Elsevier
Bibliographic data for series maintained by Catherine Liu ().