کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
884643 1471687 2008 10 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Does commitment or feedback influence myopic loss aversion?: An experimental analysis
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Does commitment or feedback influence myopic loss aversion?: An experimental analysis
چکیده انگلیسی

Empirical research has demonstrated that a lower feedback frequency combined with a longer period of commitment decreases myopia and thereby increases the willingness to invest in a risky asset. In an experimental study, we disentangle the intertwined manipulation of feedback frequency and commitment to analyze how each individual variable contributes to the change in myopia and how they interact. We find that the period of commitment exerts a substantial impact and the feedback frequency a far less pronounced impact. There is a strong interaction between both variables. The results have significant implications for real world intertemporal decision making.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Behavior & Organization - Volume 67, Issues 3–4, September 2008, Pages 810–819
نویسندگان
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