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Myopic loss aversion revisited

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  • Blavatskyy, Pavlo
  • Pogrebna, Ganna

Abstract

In this paper we reexamine several experimental papers on myopic loss aversion by analyzing individual rather than aggregate choice patterns. We find that the behavior of the majority of subjects is inconsistent with the hypothesis of myopic loss aversion.

Suggested Citation

  • Blavatskyy, Pavlo & Pogrebna, Ganna, 2009. "Myopic loss aversion revisited," Economics Letters, Elsevier, vol. 104(1), pages 43-45, July.
    • Handle: RePEc:eee:ecolet:v:104:y:2009:i:1:p:43-45
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    Cited by:

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    2. Umara Noreen & Attayah Shafique & Usman Ayub & Syed Kashif Saeed, 2022. "Does the Adaptive Market Hypothesis Reconcile the Behavioral Finance and the Efficient Market Hypothesis?," Risks, MDPI, vol. 10(9), pages 1-14, August.
    3. Lu, Zheng & Liang, Yanzi & Hu, Yanglin & Liu, Yang, 2024. "Is managerial myopia detrimental to corporate ESG performance?," International Review of Economics & Finance, Elsevier, vol. 92(C), pages 998-1015.
    4. Iñigo Iturbe-Ormaetxe & Giovanni Ponti & Josefa Tomás, 2016. "Myopic Loss Aversion under Ambiguity and Gender Effects," PLOS ONE, Public Library of Science, vol. 11(12), pages 1-11, December.
    5. Yan Tian & Yuan Li & Zelong Wei, 2013. "Managerial Incentive and External Knowledge Acquisition Under Technological Uncertainty: A Nested System Perspective," Systems Research and Behavioral Science, Wiley Blackwell, vol. 30(3), pages 214-228, May.
    6. Pavlo R. Blavatskyy, 2016. "Risk preferences of Australian academics: where retirement funds are invested tells the story," Theory and Decision, Springer, vol. 80(3), pages 411-426, March.
    7. Morais, Marcleiton Ribeiro & Schoti, Camila & Resende, José Guilherme de Lara & Tabak, Benjamin Miranda, 2023. "Limits to Myopic loss aversion and learning," Economics Letters, Elsevier, vol. 229(C).

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