Loss aversion

DOI10.1007/S00199-009-0504-7MaRDI QIDQ617351zbMATH OpenOpenAlexFDO

Authors Pavlo R. Blavatskyy

Publication date 21 January 2011

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00199-009-0504-7

zbMATH Keywords

loss aversionprobabilistic choicerank-dependent utility theorymore loss averse thannonmonetary outcomes

Mathematics Subject Classification ID

Utility theory (91B16) Stochastic models in economics (91B70)

Recommendations

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Cites work

• scientific article; zbMATH DE number 3152611 (Why is no real title available?)
• scientific article; zbMATH DE number 3847328 (Why is no real title available?)
• scientific article; zbMATH DE number 3106184 (Why is no real title available?)
• Advances in prospect theory: cumulative representation of uncertainty
• An index of loss aversion
• Investigating Generalizations of Expected Utility Theory Using Experimental Data
• Loss aversion and seller behavior: Evidence from the housing market
• Myopic Loss Aversion and the Equity Premium Puzzle
• Prospect Theory: An Analysis of Decision under Risk
• Stochastic expected utility theory
• Stochastic utility theorem
• The Predictive Utility of Generalized Expected Utility Theories
• What is loss aversion?
• `Stochastically more risk averse': a contextual theory of stochastic discrete choice under risk

Cited in

(20)

• Expected utility theory and inner and outer measures of loss aversion
• Shortfall aversion
• Risk aversion for losses and the Nash bargaining solution
• Quantifying loss-averse tax manipulation
• Comparing uncertainty aversion towards different sources
• Probabilistic choice and stochastic dominance
• Loss Aversion and Inefficient Renegotiation
• Anticipated regret as an explanation of uncertainty aversion
• An experimental test of loss aversion
• Loss Aversion with a State-Dependent Reference Point
• What is loss aversion?
• A simple non-parametric method for eliciting prospect theory's value function and measuring loss aversion under risk and ambiguity
• Probability weighting and L-moments
• Probabilistic risk aversion with an arbitrary outcome set
• A behavioral definition of loss aversion
• A revealed reference point for prospect theory
• Loss aversion and scale compatibility in two-attribute trade-offs
• Loss averse behavior
• A preference foundation for constant loss aversion
• Loss aversion equilibrium

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