Arbeitspapier

No myopic loss aversion in adolescents? An experimental note

Myopic loss aversion (MLA) has been found to play a persistent role for investment behavior under risk. We study whether MLA is already present during adolescence. Quite surprisingly, we find no evidence of MLA in a sample of 755 adolescents. This finding is at odds with previous findings, and it might be explained by self-selection effects. In other dimensions, however, we are able to replicate stylized findings in our pool of adolescents, such that teams invest higher amounts than individuals and that women invest less than men.

Language
Englisch

Bibliographic citation
Series: Working Papers in Economics and Statistics ; No. 2013-07

Classification
Wirtschaft
Design of Experiments: Laboratory, Individual
Subject
myopic loss aversion
experiment
adolescents
team-decision making

Event
Geistige Schöpfung
(who)
Glätzle-Rützler, Daniela
Sutter, Matthias
Zeileis, Achim
Event
Veröffentlichung
(who)
University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon)
(where)
Innsbruck
(when)
2013

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Glätzle-Rützler, Daniela
  • Sutter, Matthias
  • Zeileis, Achim
  • University of Innsbruck, Research Platform Empirical and Experimental Economics (eeecon)

Time of origin

  • 2013

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