| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28730 |
| 来源ID | Working Paper 28730 |
| Myopic Loss Aversion and Investment Decisions: from the Laboratory to the Field | |
| Kazi Iqbal; Asadul Islam; John A. List; Vy Nguyen | |
| 发表日期 | 2021-05-03 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Whether, and to what extent, behavioral anomalies uncovered in the lab manifest themselves in the field remains of first order importance in finance and economics. We begin by examining behavior of retail traders/investors making investment decisions in constructed laboratory markets. Our results show that the behaviors of the traders are consistent with myopic loss aversion. We combine the lab results with a unique individual-level matched dataset on daily stock market transactions and portfolio positions over a two year period. We find that lab behaviors help to predict, but do not fully capture, the essential real-world trading analogs of retail traders. |
| 主题 | Econometrics ; Experimental Design ; Microeconomics ; Behavioral Economics ; History ; Other History |
| URL | https://www.nber.org/papers/w28730 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586404 |
| 推荐引用方式 GB/T 7714 | Kazi Iqbal,Asadul Islam,John A. List,et al. Myopic Loss Aversion and Investment Decisions: from the Laboratory to the Field. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28730.pdf（438KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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