Loss Aversion - Deepstash
Loss Aversion

Loss Aversion

We feel the pain of a loss more strongly than the pleasure of an equivalent gain.

 This asymmetry in how we perceive gains and losses can lead to risk-averse behavior, even when taking a risk would be statistically beneficial. Understanding loss aversion can help us make more rational choices in situations involving risk and uncertainty.

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dimitryaujour

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A very interesting book that helps us understand the way we think and how we can improve on it.

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