No myopic loss aversion in adolescents ? An experimental note

  title={No myopic loss aversion in adolescents ? An experimental note},
  author={Rudolf Kerschbamer and Wolfgang J. Luhan and Matthias Sutter},
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 adole scents. This finding is at odds with previous findings, and it might be explained by sel fection 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… CONTINUE READING


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