Individual-level loss aversion in riskless and risky choices

DOI10.1007/S11238-021-09839-8MaRDI QIDQ2125253zbMATH OpenOpenAlexFDO

Authors S. Gächter, Eric J. Johnson, Andreas Herrmann

Publication date 13 April 2022

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

Copyright license Creative Commons Attribution 4.0 International

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)

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Cites work

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Cited in

(18)

• Decisions under uncertainty in social contexts
• Strive to be first or avoid being last: an experiment on relative performance incentives
• Decision making for others: the case of loss aversion
• Incomplete risk attitudes and random choice behavior: an elicitation mechanism
• Loss aversion in taste-based employee discrimination: evidence from a choice experiment
• A behavioral definition of loss aversion
• Loss aversion and seller behavior: Evidence from the housing market
• An experimental test of loss aversion
• On loss aversion, level-1 reasoning, and betting
• Risk preferences and development revisited
• Peace in an unequal world? Experimental evidence on the relationship between inequality and conflict in a guns-vs-butter setting
• Individual vs. couple behavior: an experimental investigation of risk preferences
• Gain versus loss contracts: does contract framing affect agents' reciprocity?
• Loss averse behavior
• Aversion to risk of regret and preference for positively skewed risks
• Injurers versus victims: (a)symmetric reactions to symmetric risks
• Influence modeling: mathematical programming representations of persuasion under either risk or uncertainty
• Loss aversion and the price of risk

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