The effect of short-term information on long-term investment: An experimental study

Uri Benzion; Lena Krupalnik; Ahron Rosenfeld; Shosh Shahrabani; Tal Shavit

doi:10.1016/j.econlet.2012.01.003

The effect of short-term information on long-term investment: An experimental study

Uri Benzion, Lena Krupalnik, Ahron Rosenfeld, Shosh Shahrabani, Tal Shavit

Department of Management

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

We present a multi-trial experiment that extends the classic experiment of Thaler etal. (1997) by adding short-term information to long-term investment. The allocation to the risky asset is reduced in the long-term, when we add short-term information.

Original language	English
Pages (from-to)	20-22
Number of pages	3
Journal	Economics Letters
Volume	116
Issue number	1
DOIs	https://doi.org/10.1016/j.econlet.2012.01.003
State	Published - 1 Jul 2012

Keywords

Multi-periods
Myopic loss aversion
Regret

ASJC Scopus subject areas

Finance
Economics and Econometrics

Access to Document

10.1016/j.econlet.2012.01.003

Cite this

@article{80096e85ff3f4a879287a060a818306a,

title = "The effect of short-term information on long-term investment: An experimental study",

abstract = "We present a multi-trial experiment that extends the classic experiment of Thaler etal. (1997) by adding short-term information to long-term investment. The allocation to the risky asset is reduced in the long-term, when we add short-term information.",

keywords = "Multi-periods, Myopic loss aversion, Regret",

author = "Uri Benzion and Lena Krupalnik and Ahron Rosenfeld and Shosh Shahrabani and Tal Shavit",

year = "2012",

month = jul,

day = "1",

doi = "10.1016/j.econlet.2012.01.003",

language = "English",

volume = "116",

pages = "20--22",

journal = "Economics Letters",

issn = "0165-1765",

publisher = "Elsevier",

number = "1",

}

TY - JOUR

T1 - The effect of short-term information on long-term investment

T2 - An experimental study

AU - Benzion, Uri

AU - Krupalnik, Lena

AU - Rosenfeld, Ahron

AU - Shahrabani, Shosh

AU - Shavit, Tal

PY - 2012/7/1

Y1 - 2012/7/1

N2 - We present a multi-trial experiment that extends the classic experiment of Thaler etal. (1997) by adding short-term information to long-term investment. The allocation to the risky asset is reduced in the long-term, when we add short-term information.

AB - We present a multi-trial experiment that extends the classic experiment of Thaler etal. (1997) by adding short-term information to long-term investment. The allocation to the risky asset is reduced in the long-term, when we add short-term information.

KW - Multi-periods

KW - Myopic loss aversion

KW - Regret

UR - http://www.scopus.com/inward/record.url?scp=84856587295&partnerID=8YFLogxK

U2 - 10.1016/j.econlet.2012.01.003

DO - 10.1016/j.econlet.2012.01.003

M3 - Article

AN - SCOPUS:84856587295

SN - 0165-1765

VL - 116

SP - 20

EP - 22

JO - Economics Letters

JF - Economics Letters

IS - 1

ER -

The effect of short-term information on long-term investment: An experimental study

Abstract

Keywords

ASJC Scopus subject areas

Access to Document

Other files and links

Fingerprint

Cite this