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- W3164133041 abstract "It has been widely documented in laboratory experiments that subjects act more risk-averse when they make their decisions frequently (e.g., one as opposed to several decisions at a time), a phenomenon dubbed myopic loss by Benartzi and Thaler (1995). The present paper uses two new experiments to show that this standard pattern of behavior can be reversed. The results cannot be explained by mental accounting or loss aversion but are consistent with the hypothesis that behavior is less random when the stakes are higher." @default.
- W3164133041 created "2021-06-07" @default.
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- W3164133041 date "2017-01-01" @default.
- W3164133041 modified "2023-09-27" @default.
- W3164133041 title "Myopic Loss Aversion or Randomness in Choice? An Experimental Investigation" @default.
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- W3164133041 doi "https://doi.org/10.2139/ssrn.2849067" @default.
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