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Studies on stress and decision-making usually address acute and artificial stressors. However, COVID-19 outbreak set the perfect scenario to address how decision-making, and specifically loss aversion, could be affected by a real and persistent stressor,
Francisco Molins, Miguel Angel Serrano
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Are individual differences in loss aversion related to ADHD symptomatology?
Loss aversion, or the greater sensitivity to losses than equivalent gains, has been shown to vary across individuals, but has yet to be thoroughly examined in relation to Attention-Deficit/Hyperactivity Disorder (ADHD) symptomatology.
Tara E. McKee, Kerry Reilly
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Loss Aversion and Labor Supply [PDF]
In many occupations workers labor supply choices are constrained by institutional rulesregulating labor time and effort provision. This renders explicit tests of the neoclassical theoryof labor supply difficult. Here we present evidence from studies examining labor supplyresponses in neoclassical environments in which workers are free to choose when
Götte, Lorenz +2 more
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Loss aversion is traditionally defined in the context of lotteries over monetary payoffs. This paper extends the notion of loss aversion to a more general setup where outcomes (consequences) may not be measurable in monetary terms and people may have fuzzy preferences over lotteries, i.e. they may choose in a probabilistic manner.
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School Choice and Loss Aversion [PDF]
Evidence suggests that participants in direct student-proposing deferred-acceptance mechanisms (DSPDA) play dominated strategies. To explain the observed data, we introduce expectation-based loss aversion into a school-choice setting and characterize choice-acclimating personal equilibria in DSPDA.
Meisner, Vincent, von Wangenheim, Jonas
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Myopic loss aversion revisited [PDF]
In this paper we reexamine several experimental papers on myopic loss aversion by analyzing individual rather than aggregate choice patterns. We find that the behavior of the majority of subjects is inconsistent with the hypothesis of myopic loss ...
Blavatskyy, Pavlo +2 more
core +1 more source
Decision-Making in Suicidal Behavior: The Protective Role of Loss Aversion
BackgroundLoss aversion is a central and well operationalized trait behavior that describes the tendency for humans to strongly prefer avoiding losses to making equivalent gains.
Gergö Hadlaczky +12 more
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To date, the studies on managerial loss aversion have produced contradictory findings, making it impossible to: (i) identify the ultimate impact of managerial loss aversion on the value that organisations create for themselves and for their stakeholders,
Riccardo Camilli +3 more
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Loss Aversion Reflects Information Accumulation, Not Bias: A Drift-Diffusion Model Study
Defined as increased sensitivity to losses, loss aversion is often conceptualized as a cognitive bias. However, findings that loss aversion has an attentional or emotional regulation component suggest that it may instead reflect differences in ...
Summer N. Clay +5 more
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Credibilistic Loss Aversion Nash Equilibrium for Bimatrix Games with Triangular Fuzzy Payoffs
Inspired by Shalev’s model of loss aversion, we investigate the effect of loss aversion on a bimatrix game where the payoffs in the bimatrix game are characterized by triangular fuzzy variables.
Chunsheng Cui +2 more
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