behavioral economics, loss aversion refers to a cognitive bias in which the same situation is perceived as worse if it is framed as a loss, rather than a gain...

describes how individuals assess their loss and gain perspectives in an asymmetric manner (see loss aversion). For example, for some individuals, the...

aversion Inequity aversion Loss aversion Risk aversion Taste aversion Work aversion Aversion may also refer to: Aversion therapy Aversion (film) Dvesha,...

can be defined as "an application of prospect theory positing that loss aversion associated with ownership explains observed exchange asymmetries." This...

they complement each other, starting with Kahneman's own research on loss aversion. From framing choices to people's tendency to replace a difficult question...

support theory; loss aversion and mental accounting. Loss aversion refers to the assumption that investors are more sensitive to losses than gains, and...

phenomena such as the status-quo bias and the endowment effect than loss aversion. The psychological inertia account asserts that the reason individuals...

gains. Panidi (2015) looked at the link between loss aversion and the ostrich effect - loss aversion was measured through lottery choices, and the ostrich...

of human decision-making is a strong aversion to potential loss. Under loss aversion, the perceived cost of loss is experienced more intensely than an...

In economics and finance, risk aversion is the tendency of people to prefer outcomes with low uncertainty to those outcomes with high uncertainty, even...

consumption dimension. According to the theory of loss aversion, that dimension which is considered a loss influences the decision stronger than that which...

intersects with other non-rational cognitive processes such as loss aversion, in which losses comparative to gains are weighed to a greater extent. Further...

concepts later popularized by modern Behavioral Economic theory, such as loss aversion. Jeremy Bentham, a Utilitarian philosopher in the 1700s conceptualized...

than being given a reward of equivalent value. This is known as loss aversion. A weight loss programme asked some participants to deposit money that would...

to find loss aversion in decision making. They wrote, "in particular, strict gain and loss of money does not reliably demonstrate loss aversion". This...

studies have found bias in non-human animals as well. For example, loss aversion has been shown in monkeys and hyperbolic discounting has been observed...

and in particular his critique of the behavioral economics concept of loss aversion. Gal received his Ph.D. from Stanford University in 2007. He joined...

Cognitive bias Conjunction fallacy Dictator game Framing (social sciences) Loss aversion Optimism bias Peak–end rule Planning fallacy Prospect theory Cumulative...

DSM-III-R. Other terms used to describe the phenomenon include sexual aversion and sexual apathy. More informal or colloquial terms are frigidity and...

researched loss aversion and how it might affect making decisions. The study suggests that depending on the circumstances and experiences loss aversion could...

Loss Aversion, and Status Quo Bias. Journal of Economic Perspectives, 5(1), pp. 193–206. Benartzi, S. and Thaler, R.H., 1995. Myopic Loss Aversion and...

the utility function. Economic biases such as reference points and loss aversion also violate the assumption of rational preferences by causing individuals...

(around $3). Kahneman attributed this result to loss aversion: owners were affected more by the loss of the mug compared to the effect of a buyer purchasing...

probabilities enhance the value of long-shots and amplify aversion to a small chance of a severe loss. Consequently, people are often risk seeking in dealing...

and ultimately reduce disease burden through interventions such as loss aversion, framing, defaults, nudges, and more. Other applied disciplines of behavioural...

quo. One result of loss aversion is that when gains and losses are symmetric or nearly so, risk aversion may set in. Loss aversion can be found in multiple...

non-linear (typically concave) function that mimics human loss aversion and risk aversion. As opposed to previous preference optimization algorithms...

conjunction fallacy framing behavioral finance clustering illusion loss aversion prospect theory cumulative prospect theory representativeness heuristic...

Weight loss, in the context of medicine, health, or physical fitness, refers to a reduction of the total body mass, by a mean loss of fluid, body fat...

almost rational equivalents. This result is consistent with the 'Myopic Loss Aversion theory'. Furthermore, the money illusion means nominal changes in price...