Advanced search
Publication Cover
Applied Economics Letters Volume 26, 2019 - Issue 10
Submit an article Journal homepage
297
Views
0
CrossRef citations to date
0
Altmetric
Articles

The effect of investment and withdrawal horizons on myopic loss aversion

Michael GuillemetteDepartment of Personal Financial Planning, Texas Tech University, Lubbock, USACorrespondence[email protected]
,
David BlanchettHead of Retirement Research, Morningstar Investment Management, Chicago, USA
&
Michael FinkeThe American College, Bryn Mawr, USA
Pages 787-790 | Published online: 19 Jul 2018

References

  • Benartzi, S., and R. H. Thaler. 1995. “Myopic Loss Aversion and the Equity Premium Puzzle.” The Quarterly Journal of Economics 110 (1): 73–92. doi:10.2307/2118511.
  • Gneezy, U., and J. Potters. 1997. “An Experiment on Risk Taking and Evaluation Periods.” The Quarterly Journal of Economics 112 (2): 631–645. doi:10.1162/003355397555217.
  • Hardin, A. M., and C. A. Looney. 2012. “Myopic Loss Aversion: Demystifying the Key Factors Influencing Decision Problem Framing.” Organizational Behavior and Human Decision Processes 117 (2): 311–331. doi:10.1016/j.obhdp.2011.11.005.
  • Larson, F., J. A. List, and R. D. Metcalfe (2016). Can Myopic Loss Aversion Explain the Equity Premium Puzzle? Evidence from a natural field experiment with professional traders. National Bureau of Economic Research (No. w22605).
  • Lee, B., and Y. Veld-Merkoulova. 2016. “Myopic Loss Aversion and Stock Investments: An Empirical Study of Private Investors.” Journal of Banking & Finance 70: 235–246. doi:10.1016/j.jbankfin.2016.04.008.
  • Samuelson, P. A. 1963. Risk and Uncertainty: A Fallacy of Large Numbers. Scientia 57 (98):108.
  • Schmidt, U., and S. Traub. 2002. “An Experimental Test of Loss Aversion.” Journal of Risk and Uncertainty 25 (3): 233–249. doi:10.1023/A:1020923921649.
  • Tversky, A., and D. Kahneman. 1992. “Advances in Prospect Theory: Cumulative Representation of Uncertainty.” Journal of Risk and Uncertainty 5 (4): 297–323. doi:10.1007/BF00122574.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Supercharge Your Next Research Paper: Research and write your next paper with Jenni AI.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.