Individual-level loss aversion in riskless and risky choices

DOI10.1007/s11238-021-09839-8zbMath1484.91126OpenAlexW3184561033MaRDI QIDQ2125253

Eric J. Johnson, Simon Gächter, Andreas Herrmann

Publication date: 13 April 2022

Published in: Theory and Decision (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11238-021-09839-8

zbMATH Keywords

loss aversionendowment effectreference-dependent preferenceslab-in-the-field experiments

Mathematics Subject Classification ID

Decision theory (91B06) Experimental work for problems pertaining to game theory, economics, and finance (91-05)

Related Items (6)

Risk preferences and development revisited ⋮ Strive to be first or avoid being last: an experiment on relative performance incentives ⋮ Influence modeling: mathematical programming representations of persuasion under either risk or uncertainty ⋮ A behavioral definition of loss aversion ⋮ Decisions under uncertainty in social contexts ⋮ Gain versus loss contracts: does contract framing affect agents' reciprocity?

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