Results 31 to 40 of about 2,647,105 (283)
Subgame Perfect Equilibrium in the Rubinstein Bargaining Game with Loss Aversion
Complexity, 2019 Rubinstein bargaining game is extended to incorporate loss aversion, where the initial reference points are not zero. Under the assumption that the highest rejected proposal of the opponent last periods is regarded as the associated reference point, we ...
Zhongwei Feng, Chunqiao Tan
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Green Supply Chain Management with Nash Bargaining Loss-Averse Reference Dependence
Mathematics, 2021 This paper investigates a two-echelon green supply chain (GSC) with a single loss-averse manufacturer and a single loss-averse retailer. Since the Nash bargaining solution exactly characterizes endogenous power and the contribution of the GSC members, it
Wentao Yi +3 more
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Uncertain Demand, Consumer Loss Aversion, and Flat-Rate Tariffs [PDF]
, 2010 The so called flat-rate bias is a well documented phenomenon caused by consumers' desire to be insured against fluctuations in their billing amounts. This paper shows that expectation-based loss aversion provides a formal explanation for this bias.
Herweg, Fabian
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Impact of Consumer Loss Aversion on Operations in the Context of Remanufacturing
Complexity, 2020 Loss aversion is an important psychological characteristic that has become well supported in finance and marketing. This paper introduces consumer loss aversion into the game model with two substitutable products in a remanufacturing system.
Bi-feng Liao, Bing-zhang Wang
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Loss aversion and hypoxia: less loss aversion in oxygen-depleted environment
Stress, 2014 Hypoxia, the deprivation of adequate oxygen supply, constitutes a direct threat to survival by disrupting cardiovascular or respiratory homeostasis and eliciting a respiratory distress. Although hypoxia has been shown to increase brain vulnerability and impair basic cognitive functions, only one study has examined its effect on decision-making.
Pighin, Stefania +4 more
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Loss aversion and 5HTT gene variants in adolescent anxiety
Developmental Cognitive Neuroscience, 2014 Loss aversion, a well-documented behavioral phenomenon, characterizes decisions under risk in adult populations. As such, loss aversion may provide a reliable measure of risky behavior.
Monique Ernst +5 more
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Frontiers in Sustainable Food Systems, 2023 Agricultural products have the characteristics of high perishability, short life cycles, and low salvage, and agricultural production is easily affected by uncontrollable natural conditions.
Shifeng Han, Shifeng Han, Yijie Cheng
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Loss AversionLoss aversion postulates that people prefer avoiding losses over acquiring gains of equal size. It is a central part of prospect theory and, according to Daniel Kahneman, "the most significant contribution of psychology to behavioral economics" (Kahneman, 2011, p. 300). It has powerful implications for decision theory and has been fruitfully applied in
Imai, Taisuke, Schmidt, Klaus
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Predicting loss aversion behavior with machine-learning methods
Humanities & Social Sciences Communications, 2023 This paper proposes to forecast an important cognitive phenomenon called the Loss Aversion Bias via Hybrid Machine Learning Models. One of the unique aspects of this study is using the reaction time (milliseconds), psychological factors (self-confidence ...
Ömür Saltık +4 more
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Exploring the Nature of Loss Aversion [PDF]
SSRN Electronic Journal, 2006 Loss aversion, the fact that losses have a greater impact than gains, is a fundamental property of behavioral accounts of choice. In this paper, we suggest four possible characterizations of the relative impact of losses and gains: (1) It could be a constant, such as the much cited value of 2, as in losses have twice the impact of gains.
Eric Johnson +2 more
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