Examination of the Sampling Origin and the Range Hypothesis of Loss Aversion in 50-50 Gamble Settings

Abstract

We examined the relative sensitivities toward financial losses and gains in 50-50 gamble decision-makings. People are relatively more sensitive to losses when they actively engage with relatively higher gain values by rejecting/accepting them. However, merely seeing, actively thinking about, or subjectively evaluating them does not influence the loss aversion ratio

    Similar works