Does Your Pension Fund Suffer From Myopic Loss Aversion

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Does Your Pension Fund Suffer from Myopic Loss Aversion
Robert Clarkson, City University London

Fiction in a quasi-academic journal about investment performance?  Why not? Professor Clarkson's entertainingly executed literary device allows us to evaluate the effects of risk-based decisions on investment returns by spiriting us directly into a very lifelike boardroom.  The only thing missing for the reader is Prof. Clarkson's stirring Scottish burr, which complements his vivid images with a passionate feast too rarely served up to financial audiences.

Does Your Pension Fund Suffer from Myopic Loss Aversion
Robert Clarkson, City University London