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Are teams prone to myopic loss aversion? An experimental study on individual versus team investment behavior

Article ID Journal Published Year Pages File Type
5062236 Economics Letters 2007 5 Pages PDF
Abstract

Myopic loss aversion (MLA) has been found to have a persistent influence on individual decision making under risk. In this paper I show that team decision making attenuates MLA, but that teams are also prone to MLA.

Keywords
C91C92D80ExperimentMyopic loss aversionTeam decision makingRisk
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Are teams prone to myopic loss aversion? An experimental study on individual versus team investment behavior
Authors
Matthias Sutter,
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Journal
Economics Letters
Journal: Economics Letters
Related Categories
C91
C92
D80
Experiment
Myopic loss aversion
Team decision making
Risk
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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