Para garantizarle una navegación por nuestra web segura y de calidad, le informamos que utilizamos Cookies. Si está de acuerdo clique ACEPTAR. Puede bloquear o eliminar las cookies instaladas en su equipo mediante la configuración de las opciones del navegador. Para más información consulte nuestra Política de Cookies
Acepto
Instituto Valenciano de Investigaciones Económicas

Publications

Myopic Loss Aversion under Ambiguity and Gender Effects
WP-AD 2013-05
Myopic Loss Aversion under Ambiguity and Gender Effects
Iturbe-Ormaetxe, I., Ponti, G. and Tomás, J.
Year of publication: 2013
Keywords: Myopic loss aversion, evaluation periods, ambiguity, gender effects
JEL Classification: C91, D81, D14
Abstract
Experimental evidence suggests that the frequency with which individuals get feedback information on their investments has an effect on risk-taking behavior. In particular, when they are given information sufficiently often, they take fewer risks compared with a situation in which they are informed less frequently. In this paper we find that this result still holds when subjects do not know the probabilities of the lotteries they are betting upon. We also detect significant gender effects, in that the frequency with which information is disclosed mostly affects men’s betting behavior, rather than women’s, and that men are much more risk-seeking after experiencing a loss.