Stephens, Thomas Alexander, Tyran, Jean-Robert. 2013. Nominal Loss Aversion and Individual Investment Decisions. Regional ESA Conference (North America), Santa Cruz, California, Vereinigte Staaten/USA, 24.10-26.10.

RIS

@CONFERENCE{Stephens2013,
title = {Nominal Loss Aversion and Individual Investment Decisions},
author = {Thomas Alexander Stephens and Jean-Robert Tyran},
year = {2013},
address = {Santa Cruz, California},
url = {http://leeps.ucsc.edu/misc/page/ESA/},
language = {EN},
misc = {Regional ESA Conference (North America)},
abstract = {We investigate the role of nominal loss aversion in individual investment decisions. As part of a large-scale internet experiment, we present a large, heterogeneous sample of subjects with a series of financial investment decisions. Each decision combines a real and a nominal environment. Subjects choose how much to invest, and how to allocate their investment between a relatively safe and a relatively risky option. The real scenarios include both gains and losses, with each real scenario presented as a nominal gain and a nominal loss. This design allows us to distinguish between aversion to real and aversion to nominal losses.},
}