Myopic loss aversion and market experience.

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Title: Myopic loss aversion and market experience.
Authors: Mayhew, Brian W.1, Vitalis, Adam2 adam.vitalis@scheller.gatech.edu
Source: Journal of Economic Behavior & Organization. Jan2014, Vol. 97, p113-125. 13p.
Subjects: Loss aversion, Market potential, Investments, Information services, Merton Model, Knowledge transfer
Abstract: Highlights: [•] We explore the extent to which markets and experience mitigate the effects of MLA. [•] Our market settings separate investment commitment from information frequency. [•] We attempt to mitigate MLA by displaying a running average asset value and utilizing experienced participants. [•] We find that, while market experience mitigates MLA, participants do not transfer these results to other settings. [ABSTRACT FROM AUTHOR]
Copyright of Journal of Economic Behavior & Organization is the property of Elsevier B.V. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Engineering Source
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Header DbId: egs
DbLabel: Engineering Source
An: 93589010
AccessLevel: 6
PubType: Academic Journal
PubTypeId: academicJournal
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  Data: Myopic loss aversion and market experience.
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  Data: <searchLink fieldCode="AR" term="%22Mayhew%2C+Brian+W%2E%22">Mayhew, Brian W.</searchLink><relatesTo>1</relatesTo><br /><searchLink fieldCode="AR" term="%22Vitalis%2C+Adam%22">Vitalis, Adam</searchLink><relatesTo>2</relatesTo><i> adam.vitalis@scheller.gatech.edu</i>
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  Data: <searchLink fieldCode="JN" term="%22Journal+of+Economic+Behavior+%26+Organization%22">Journal of Economic Behavior & Organization</searchLink>. Jan2014, Vol. 97, p113-125. 13p.
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  Data: <searchLink fieldCode="DE" term="%22Loss+aversion%22">Loss aversion</searchLink><br /><searchLink fieldCode="DE" term="%22Market+potential%22">Market potential</searchLink><br /><searchLink fieldCode="DE" term="%22Investments%22">Investments</searchLink><br /><searchLink fieldCode="DE" term="%22Information+services%22">Information services</searchLink><br /><searchLink fieldCode="DE" term="%22Merton+Model%22">Merton Model</searchLink><br /><searchLink fieldCode="DE" term="%22Knowledge+transfer%22">Knowledge transfer</searchLink>
– Name: Abstract
  Label: Abstract
  Group: Ab
  Data: Highlights: [•] We explore the extent to which markets and experience mitigate the effects of MLA. [•] Our market settings separate investment commitment from information frequency. [•] We attempt to mitigate MLA by displaying a running average asset value and utilizing experienced participants. [•] We find that, while market experience mitigates MLA, participants do not transfer these results to other settings. [ABSTRACT FROM AUTHOR]
– Name: AbstractSuppliedCopyright
  Label:
  Group: Ab
  Data: <i>Copyright of Journal of Economic Behavior & Organization is the property of Elsevier B.V. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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RecordInfo BibRecord:
  BibEntity:
    Identifiers:
      – Type: doi
        Value: 10.1016/j.jebo.2013.10.007
    Languages:
      – Code: eng
        Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 13
        StartPage: 113
    Subjects:
      – SubjectFull: Loss aversion
        Type: general
      – SubjectFull: Market potential
        Type: general
      – SubjectFull: Investments
        Type: general
      – SubjectFull: Information services
        Type: general
      – SubjectFull: Merton Model
        Type: general
      – SubjectFull: Knowledge transfer
        Type: general
    Titles:
      – TitleFull: Myopic loss aversion and market experience.
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            NameFull: Mayhew, Brian W.
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            NameFull: Vitalis, Adam
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          Dates:
            – D: 01
              M: 01
              Text: Jan2014
              Type: published
              Y: 2014
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              Value: 97
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            – TitleFull: Journal of Economic Behavior & Organization
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