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Posts tagged "Loss Aversion"


Loss Aversion, Expectation, Entitlement, and the Story of Job

We’ve discussed loss aversion frequently – the behavioral psychology idea that losses hurt more than gains – and there’s a curious extension of it called anchoring.  Picture this scenario: someone doubles the size of an investment in the stock market over the span of ten years, and then she loses a quarter of it in […]

Loss Aversion and the Limits of Self-Knowledge

The Times recently hailed Nobel Prize-winning social psychologist Daniel Kahneman and his late research partner Amos Tversky as the “Lewis and Clark of the mind,” and they weren’t kidding around. Dr. Kahneman’s new book (posted on here, here and here) Thinking, Fast and Slow hits the nail resoundingly on the head in regard to one […]