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psychology

Loss aversion

Where to encounter it

Read about Loss aversion in Thinking, Fast and Slow by Daniel Kahneman — the primary source in the Read Stacks library.

Get the book: Thinking, Fast and Slow on Amazon

Kahneman presents prospect theory, the work with Amos Tversky that earned the Nobel Prize and supplied the reference point Bernoulli's model lacked.

Related concepts

Cross-reference·Loss aversion on Wikipedia