The Loss of Loss Aversion: Will It Loom Larger Than Its Gain?

  title={The Loss of Loss Aversion: Will It Loom Larger Than Its Gain?},
  author={D. Gal and D. Rucker},
  journal={Anthropology & Archaeology Negative Results eJournal},
  • D. Gal, D. Rucker
  • Published 2017
  • Economics
  • Anthropology & Archaeology Negative Results eJournal
  • Loss aversion, the principle that losses loom larger than gains, is among the most widely accepted ideas in the social sciences. The first part of this article introduces and discusses the construct of loss aversion. The second part of this article reviews evidence in support of loss aversion. The upshot of this review is that current evidence does not support that losses, on balance, tend to be any more impactful than gains. The third part of this article aims to address the question of why… CONTINUE READING
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