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A psychological law of inertia and the illusion of loss aversion

The principle of loss aversion is thought to explain a wide range of anomalous phenomena involving tradeoffs between losses and gains. In this article, I show that the anomalies loss aversion was introduced to explain - the risky bet premium, the endowment effect, and the status-quo bias - are chara...

Whakaahuatanga katoa

I tiakina i:
Ngā taipitopito rārangi puna kōrero
Kaituhi matua: David Gal
Hōputu: Artigo
Reo:Inglês
I whakaputaina: Cambridge University Press 2006-07-01
Rangatū:Judgment and Decision Making
Ngā marau:
Urunga tuihono:https://www.cambridge.org/core/product/identifier/S1930297500000322/type/journal_article
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