Results 81 to 90 of about 2,812,788 (283)
Loss Aversion as a Potential Factor in the Sunk-Cost Fallacy
International Journal of Psychological Research, 2019 The sunk-cost fallacy (SCF) occurs when an individual makes an investment with a low probability of a payoff because an earlier investment was made. The investments may be time, effort, or money.
Veronika Tait, Harold L. Miller
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PENDEKATAN PERILAKU KEUANGAN TERHADAP KEPUTUSAN INVESTASI EMAS
Profit: Jurnal Administrasi Bisnis, 2020 This research aims to analyze the influence of representativeness, overconfidence, anchoring, loss aversion, and regret aversion towards gold investment decision. Sample of this study are gold investors in Batam.
Johny Budiman, Ervina
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To answer or not to answer? A field test of loss aversion [PDF]
This study is a field experiment on loss aversion. The framing of scoring rules was differentiated in two exams at the University of Warsaw, with only half the students facing explicit penalty points in the case of giving an incorrect answer.
Michał Krawczyk
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The Expectation-Based Loss-Averse Newsvendor [PDF]
, 2012 We modify the classic single-period inventory management problem by assuming that the newsvendor is expectation-based loss averse according to Köszegi and Rabin (2006, 2007).
Herweg, Fabian
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Applied Economic Perspectives and Policy, EarlyView.ABSTRACT We conducted two framed field economic experiments with citrus farmers in Florida, United States and soybean farmers in Argentina to investigate their willingness to coordinate pest and weed management efforts. Despite the contrast between these two agricultural contexts, we find striking behavioral commonalities.
Ariel Singerman, Sergio H. Lence
wiley +1 more source
Omission matters: Reframing omission as action reduces apparent loss aversion
Judgment and Decision MakingLoss aversion is considered a fundamental principle explaining risk-averse behavior in small-stakes gambling. However, this interpretation confounds loss aversion, with a preference for inaction over action.
Kazuhisa Nagaya +2 more
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Low Participation and Risk Reduction Potential of Supplemental Crop Insurance in the United States
Applied Economic Perspectives and Policy, EarlyView.ABSTRACT Federally subsidized crop insurance is a cornerstone of U.S. farm risk management, yet policies with the greatest share of participation only trigger indemnities after losses exceed 15%. Supplemental insurance was introduced to cover part of this deductible, but participation remains largely unchanged.
Francis Tsiboe +2 more
wiley +1 more source
Loss aversion and duration of residence
Demographic Research, 2016 Background: Studies of internal migration ask who moves, why they move, and what are the consequences - to themselves, their origin, and their destination.
Philip S. Morrison, William A.V. Clark
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The Optimality of Simple Contracts: Moral Hazard and Loss Aversion [PDF]
This paper extends the standard principal-agent model with moral hazard to allow for agents having reference- dependent preferences according to Köszegi and Rabin (2006, 2007). The main finding is that loss aversion leads to fairly simple contracts.
Fabian Herweg +2 more
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Delaying the Inevitable? U.S. Screwworm Closures and Feeder Cattle Market Dynamics
Applied Economic Perspectives and Policy, EarlyView.ABSTRACT Biosecurity trade restrictions are commonly framed as preventive measures, yet in many settings they function primarily as policies of delay: they impose immediate market costs while only postponing the arrival of biological risks. This paper evaluates that intertemporal tradeoff using the 2024–2025 US suspension of live cattle imports from ...
Shelby Sumner +3 more
wiley +1 more source