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My Loss Is Your Loss … Sometimes: Loss Aversion and the Effect of Motivational Biases

✍ Scribed by Robyn S. Wilson; Joseph L. Arvai; Hal R. Arkes

Book ID
109157766
Publisher
Springer
Year
2008
Tongue
English
Weight
111 KB
Volume
28
Category
Article
ISSN
1573-9147

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✍ Ido Erev; Eyal Ert; Eldad Yechiam 📂 Article 📅 2008 🏛 John Wiley and Sons 🌐 English ⚖ 193 KB 👁 1 views

## Abstract Three experiments are presented that explore the assertion that loss aversion and diminishing sensitivity drive the effect of experience on choice behavior. The experiments are focused on repeated choice tasks where decision makers choose repeatedly between alternatives and get feedback