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Myopic Loss Aversion under Ambiguity and Gender Effects

Experimental evidence suggests that the frequency with which individuals get feedback information on their investments has an effect on their risk-taking behavior. In particular, when they are given information sufficiently often, they take less risks compared with a situation in which they are info...

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Detalles Bibliográficos
Autores principales: Iturbe-Ormaetxe, Iñigo, Ponti, Giovanni, Tomás, Josefa
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2016
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5156393/
https://www.ncbi.nlm.nih.gov/pubmed/27973545
http://dx.doi.org/10.1371/journal.pone.0161477
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author Iturbe-Ormaetxe, Iñigo
Ponti, Giovanni
Tomás, Josefa
author_facet Iturbe-Ormaetxe, Iñigo
Ponti, Giovanni
Tomás, Josefa
author_sort Iturbe-Ormaetxe, Iñigo
collection PubMed
description Experimental evidence suggests that the frequency with which individuals get feedback information on their investments has an effect on their risk-taking behavior. In particular, when they are given information sufficiently often, they take less risks compared with a situation in which they are informed less frequently. 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 male betting behavior, and that males become more risk-seeking after experiencing a loss.
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spelling pubmed-51563932016-12-28 Myopic Loss Aversion under Ambiguity and Gender Effects Iturbe-Ormaetxe, Iñigo Ponti, Giovanni Tomás, Josefa PLoS One Research Article Experimental evidence suggests that the frequency with which individuals get feedback information on their investments has an effect on their risk-taking behavior. In particular, when they are given information sufficiently often, they take less risks compared with a situation in which they are informed less frequently. 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 male betting behavior, and that males become more risk-seeking after experiencing a loss. Public Library of Science 2016-12-14 /pmc/articles/PMC5156393/ /pubmed/27973545 http://dx.doi.org/10.1371/journal.pone.0161477 Text en © 2016 Iturbe-Ormaetxe et al http://creativecommons.org/licenses/by/4.0/ This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
spellingShingle Research Article
Iturbe-Ormaetxe, Iñigo
Ponti, Giovanni
Tomás, Josefa
Myopic Loss Aversion under Ambiguity and Gender Effects
title Myopic Loss Aversion under Ambiguity and Gender Effects
title_full Myopic Loss Aversion under Ambiguity and Gender Effects
title_fullStr Myopic Loss Aversion under Ambiguity and Gender Effects
title_full_unstemmed Myopic Loss Aversion under Ambiguity and Gender Effects
title_short Myopic Loss Aversion under Ambiguity and Gender Effects
title_sort myopic loss aversion under ambiguity and gender effects
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5156393/
https://www.ncbi.nlm.nih.gov/pubmed/27973545
http://dx.doi.org/10.1371/journal.pone.0161477
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