prevalent in people with high cognitive ability. Loss-tolerant individuals are more likely to report recent gambling and to have …We measure individual-level loss aversion using three incentivized, representative surveys of the U.S. population … (combined N = 3,000). We find that around 50% of the U.S. population is loss tolerant, with many participants accepting negative …

housing equity constraints and nominal loss aversion on household mobility. The analysis uses unique, detailed data from 1985 … differently to nominal housing losses than to gains. Second, nominal loss aversion is significantly less pronounced in … nominal loss aversion has a more dominant effect than equity constraints in restricting household mobility, roughly two and …