Can Myopic Loss Aversion Explain the Equity Premium Puzzle? Evidence from a Natural Field Experiment with Professional Traders
收藏NBER2016-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22605
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资源简介：
Behavioral economists have recently put forth a theoretical explanation for the equity premium puzzle based on combining myopia and loss aversion. Complementing the behavioral theory is evidence from laboratory experiments, which provide strong empirical support consistent with myopic loss aversion
提供机构：
美国国家经济研究局
创建时间：
2016-09-01
