A new study suggests that framing work as a potential loss can spur employees to speak up and act—when leaders use it ...

The idea of loss aversion—that, to an irrational degree, individuals avoid losses more than they pursue gains—has been influential in the field of behavioral finance. It has been imputed to drive ...

Farmers face challenges in volatile markets. Understanding loss aversion and biases can improve financial decisions.

“Sometimes it’s best to cut your losses and move on.” I remember reading this in management textbooks in college, and it seems like a cliché that is echoed in all the current management literature.

Citations: Gal, David. 2006. A Psychological Law of Inertia and the Illusion of Loss Aversion. Judgment and Decision Making. (1)23-32.

One of the foundational ideas in behavioral economics is that psychologically, the “pain of losing something is about twice as powerful as the pleasure of gaining,” according to ...

We are excited to announce the publication of the first article on the KeAi journal, Risk Sciences, by renowned experts on cyber risk management, Martin Eling from University of St. Gallen and ...

We're all hardwired to value something we own twice what it's worth. But 'selling the position' is an extraordinary way of combating it. This little behavior is paralyzing your startup ...