loss-aversionprospect theoryrisk-takingsubjective well-beingFinancial well-being is distinct from income. Some people with high incomes suffer low financial well-being, as their incomes fall short of their aspirations. Such people feel propelled to reach their aspirations by taking risk and willing ...
loss aversionChinaThis study examines the effects of farmers' risk aversion and loss aversion on their climate change adaptation strategies. Farmers' risk aversion and loss aversion were elicited using incentive-compatible risk experiments. Face-to-face interviews were conducted to collect information on...
loss aversion 是指人们在面对损失的时候是risk seeking的，在面对收益的时候反而是risk averse，具体表现...
We also find that competitive and status-seeking people are less risk-averse than people who are less competitive and status-seeking, and that status-seeking people are less loss-averse than people who are not as status-seeking. 展开
摘要:This paper empirically analyzes how individual characteristics are associated with risk aversion, loss aversion, time discounting, and present bias. To this end, we conduct a large-scale demographically representative survey across eight European countries. We elicit preferences using incentivized multi...
No. Risk aversion is one's general attitude toward avoiding risk.Loss aversionis instead the asymmetric propensity to feel the pain of a loss more than the pleasure from an equivalent gain (e.g., losing $100 usually feels worse than gaining $100 feels good). Being risk averse can be comp...
摘要:This paper empirically analyzes how individual characteristics are associated with risk aversion, loss aversion, time discounting, and presentbias. To this end, we conduct a large-scale demographically representative survey across eight European countries. We elicit preferences using incentivized multipl...
An investment in equity crowdfunding could then be the sign of the low risk aversion of investors. Moreover, the risk of a partial or a total loss of the amount invested is significant. Turning to the Prospect theory, we wonder whether a participation in this market could also be the ...
The combination of loss aversion and narrow framing is a costly curse. Individual investors can avoid that curse, achieving the emotional benefits of broad framing whilealso saving time and agony, by reducing the frequency with which they check how well their investments are doing. Closely ...
内容提示: ORIGINAL PAPERRisk, Loss, and Ambiguity Aversionafter a Natural DisasterRobert Shupp 1 & Scott Loveridge 1 & Mark Skidmore 1 &Jungmin Lim 1 & Cynthia Rogers 2Received: 3 February 2017 /Accepted: 27 June 2017 /Published online: 10 July 2017# Springer International Publishing AG 2017...