experiment, reduces evasion, as predicted by our theory. Loss aversion, risk aversion, and their interaction, are critical …

individuals are found to be more risk averse, in agreement with common findings. Unlike previous studies that ascribed gender … differences in risk attitudes solely to differences in the degree utility curvature, however, our results show that this finding …

Risk aversion (a 2nd order risk preference) is a time-proven concept in economic models of choice under risk. More … recently, the higher order risk preferences of prudence (3rd order) and temperance (4th order) also have been shown to be quite … important. While a majority of the population seems to exhibit both risk aversion and such higher-order risk preferences, a …

This study explores people's risk attitudes after having suffered large real-world losses following a natural disaster … finding is consistent with prospect theory predictions of the adoption of a risk-seeking attitude after a loss. …

this phenomenon focus on rational gamblers who overbet longshots due to risk-love. The competing behavioral explanations …

effect. We show that loss aversion, moral costs, mental accounting, and risk preferences play a key role in explaining key … that risk aversion strengthens the cautionary effect of loss aversion and risk loving behavior attenuates, or reverses, it …

Loss aversion, risk aversion, and the probability weighting function (PWF) are three central concepts in explaining … decisionmaking under risk. I examine interlinkages between these concepts in a model of decisionmaking that allows for loss averse … commonly observed shapes of PWF and to risk aversion. In particular, I establish a connection between loss aversion and both …