So as I always advise the youth, "Surround yourselves with marrying types of friends, hahaha!" Exhibit B: "Sayang naman ang pinagsamahan" The other way loss
aversion affects our love life is when we continue to cling on to an unhealthy relationship.
This finding has been interpreted by behavioural economists as evidence for loss
aversion: The loss of the mug was anticipated to be more painful than its gain was anticipated to be pleasurable.
The resulting pricing model accounts for a number of interesting properties, such as time-varying risk
aversion, small relative risk
aversion and an equity premium that is compatible to the actual equity premium, among others, while relying on an admissible range of local relative risk
aversion.
Loss
aversion implies that individuals dislike losses more than they like a similarly sized gain.
Subsequently, this paper analyses the application of an agent based model to analyse M&A pricing using prospect theory (specifically loss
aversion) and cumulative prospect theory (analysing differential biases to low and high probability gains and losses).
Existing methods measure risk
aversion very imprecisely.
People are simply loss averse and that loss
aversion dates back to the time of the cavemen when every day was a matter of survival.
In prospect theory, outcomes are valued as gains or losses relative to a current reference point instead of final levels of wealth and suggest that the utility of an equivalent gain is less than the disutility of a loss, which is referred to as loss
aversion. Also, they present the concept of certainty effect which contributes to risk
aversion over gains and to risk seeking over losses.
Si el emprendimiento esta vinculado a rasgos y habilidades especificas, tales como una actitud activa, audaz y resolutiva, entonces se trataria mas bien de aspectos inmodificables, relacionados con los talentos intrinsecos y con el grado de la
aversion personal al riesgo (quod natura non dat, salmantica non prwstat).
This process of conditioning as taste
aversion can be a useful behavioral tool to train livestock to avoid some toxic plants (RALPHS & PROVENZA, 1999).