Myopic Loss Aversion or Randomness in Choice? An Experimental Investigation

2017 ◽  
Author(s):  
Piotr Evdokimov
Keyword(s):  
Experimental Investigation ◽  
Loss Aversion ◽  
Myopic Loss Aversion

scholarly journals The 2D:4D ratio and Myopic Loss Aversion (MLA): An experimental investigation

2015 ◽  
Vol 5 ◽  
pp. 81-84 ◽  
Author(s):  
Anderson M. Teixeira ◽  
Benjamin M. Tabak ◽  
Daniel O. Cajueiro
Keyword(s):  
Experimental Investigation ◽  
Loss Aversion ◽  
Myopic Loss Aversion

Transgenerational Succession and R&D Investment: A Myopic Loss Aversion Perspective

2021 ◽  
pp. 104225872110384
Author(s):  
Weiwen Li ◽  
Garry D. Bruton ◽  
Xinchun Li ◽  
Shuang Wang
Keyword(s):  
Loss Aversion ◽  
Family Firms ◽  
Empirical Support ◽  
Leadership Transition ◽  
Short Term ◽  
Difference In Differences ◽  
Myopic Loss Aversion ◽  
Negative Effect ◽  
The Difference ◽  
D Investment

A transgenerational leadership transition is one of the most critical events in the life cycle of family firms. Drawing upon the myopic loss aversion (MLA) perspective, we argue that outgoing leaders and other company stakeholders tend to closely watch the later-generation successors immediately after a transgenerational succession, and thus the successors will focus on short-term developments and invest less in R&D activities. Employing the difference-in-differences approach, we find empirical support for our argument that transgenerational succession decreases R&D intensity. The negative effect of transgenerational succession is more pronounced when the later-generation successors suffer from a higher level of MLA.

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