The Effect of Wealth Shocks on Loss Aversion: Behavior and Neural Correlates

Kahneman and Tversky (1979) first demonstrated that when individuals decide whether or not to accept a gamble, potential losses receive more weight than possible gains in the decision. This phenomenon is referred to as loss aversion. We investigated how loss aversion in risky financial decisions is...

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Bibliographic Details
Main Authors: V. S. Chandrasekhar Pammi, Ranganatha Sitaram, Sergio Ruiz, Sangkyun Lee, Charles N. Noussair
Format: Article
Language:English
Published: Frontiers Media S.A. 2017-04-01
Series:Frontiers in Neuroscience
Subjects:
Online Access:http://journal.frontiersin.org/article/10.3389/fnins.2017.00237/full