Essays about: "Myopic Loss Aversion"

Found 2 essays containing the words Myopic Loss Aversion.

1. 1. Sudden Death Aversion: Does It Exist and Can Something Be Done About It?

   University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

   Author : Patrik Räty; [2020]
   Keywords : Sudden Death Aversion; Decision Making Under Risk; Perceived Risk; Myopic Loss Aversion; Preregistered Experiment;

   Abstract : This thesis investigates a bias termed sudden death aversion, focusing on the existence of the bias and dealing with the problems it causes. Sudden death aversion is defined as the tendency to avoid options which include a higher likelihood of immediate loss, e.g. READ MORE

3. 2. Risk Attitudes and the Equity Premium Puzzle: empirical tests in a cross-country setting

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Max Rylander; [2015]
   Keywords : Equity Premium Puzzle; Myopic Loss Aversion; Ambiguity Aversion; Cultural dimensions; Cultural stationarity;

   Abstract : This study utilises panel data, Equity Home Bias measurements and a two-stage estimation process incorporating one version of the international CAPM to extract comparable input data and test country-scores for risk preferences, risk aversion and time discounting as well as country scores on broader cultural dimensions, on country-estimates of the Equity Risk Premia. The risk attitude scores, which just recently have been made available, are such that they may proxy for irrational behaviours which have been theorized to explain the Equity Premium Puzzle, and enable a rigorous way to empirically test such an effect. READ MORE