Loss aversion is a cognitive bias that means we're affected more deeply by losing than gaining something. For example, if you lose 50 dollars, the pain will be far more than the joy you experience if you win the same amount.This concept is part of the prospect theory, developed in 1979...
参照依赖和损失厌恶 Reference Dependence and Loss Aversion: 切嗣困境 患得/患失?。听TED演讲,看国内、国际名校好课,就在网易公开课
How to Overcome Loss Aversion Loss Aversion Bias Example: Stock Investing What is Loss Aversion? Loss Aversion refers to the cognitive bias in behavioral finance where a potential or realized loss is perceived as more psychologically impactful relative to a gain of equivalent value. The psychologica...
Kahneman, D., Knetsch, J. L., & Thaler, R. H. ( 1991 ) . Anomalies: The endowment effect, loss aversion, and status quo bias. Journal of Economic Perspectives, 5 ( 1 ) , 193-206. Levin, I. P., Schneider, S. L., & Gaeth, G. J. ( 1998 ) . All frames are not created...
it. The endowment effect is a kind of loss aversion where your arbitrary reference point — as in your value for snozzwobbits — is however many you currently own. And the Allais paradox example shows that literal endowment/ownership isn’t required for this cognitive bias to appear...
RISK aversionCOGNITIVE psychologyGOLFERSPSYCHOLOGYLoss-aversion is a type of conservative mindset that can negatively impact performance. In this study, we systematically surveyed a pool of golfers. We then analyzed, in detail, the relationships among participants' attributes and the degree of loss...
Loss Aversion Bias is the human tendency to prefer avoiding losses above acquiring gains. Loss aversion was first convincingly demonstrated by Amos Tversky and Daniel Kahneman. This form of Cognitive Bias may lead managers to risk aversion when they evaluate a possible business proposition; people pre...
Understanding Loss Aversion Nobody likes to lose, especially when it could result in losing money. The fear of realizing a loss can cripple an investor, prompting them to hold onto a losing investment long after it should have been sold or to offload winning stocks too soon—a cognitivebiaskn...
Losses were found to improve cognitive performance, and this has been commonly explained by increased weighting of losses compared to gains (i.e., loss aversion). We examine whether effects of losses on performance could be modulated by two alternative processes: an attentional effect leading to ...
A Bias toward Loss Aversion in the Choice to Enter Risky Cooperative Games This article shows how insights from cognitive psychology, namely loss aversion, omission bias and status quo bias, explain the intuitive appeal of a stand... T Johnson,M Myagkov,J. Orbell 被引量: 1发表: 2005年 ...