Loss aversion (simply) does not materialize for smaller losses

Loss aversion, the argument that losses are given more weight than gains, has been recently shown to be absent in small losses. However, a series of studies by Mrkva et al. (2020) appear to demonstrate the existence of loss aversion even for smaller losses. We re-ran Mrkva et al.’s decision tasks af...

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Bibliographic Details
Main Authors: Dana Zeif, Eldad Yechiam
Format: Article
Language:English
Published: Cambridge University Press 2022-09-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S193029750000930X/type/journal_article