{"id":"https://openalex.org/W2104970912","doi":"https://doi.org/10.2139/ssrn.892336","title":"Exploring the Nature of Loss Aversion","display_name":"Exploring the Nature of Loss Aversion","publication_year":2006,"publication_date":"2006-01-01","ids":{"openalex":"https://openalex.org/W2104970912","doi":"https://doi.org/10.2139/ssrn.892336","mag":"2104970912"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.892336","doi":"https://doi.org/10.2139/ssrn.892336","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.892336","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.892336","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5032996798","display_name":"Eric J. Johnson","orcid":"https://orcid.org/0000-0001-7797-8347","observed_orcids":["https://orcid.org/0000-0001-7797-8347","https://orcid.org/0000-0003-0703-3801"]},"institutions":[{"id":"https://openalex.org/I78577930","display_name":"Columbia University","ror":"https://ror.org/00hj8s172","country_code":"US","type":"education","lineage":["https://openalex.org/I78577930"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Eric J. Johnson","raw_affiliation_strings":["Columbia University - Columbia Business School, Marketing, New York, NY 10027, United States","Columbia Business School - Marketing"],"raw_orcid":"https://orcid.org/0000-0001-7797-8347","affiliations":[{"raw_affiliation_string":"Columbia University - Columbia Business School, Marketing, New York, NY 10027, United States","institution_ids":["https://openalex.org/I78577930"]},{"raw_affiliation_string":"Columbia Business School - Marketing","institution_ids":["https://openalex.org/I78577930"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5109907907","display_name":"Simon G\u00e4chter","orcid":"https://orcid.org/0000-0002-7182-8505","observed_orcids":["https://orcid.org/0000-0002-7182-8505"]},"institutions":[{"id":"https://openalex.org/I1340728805","display_name":"Ifo Institute for Economic Research","ror":"https://ror.org/045495t75","country_code":"DE","type":"facility","lineage":["https://openalex.org/I1340728805","https://openalex.org/I315704651"]},{"id":"https://openalex.org/I142263535","display_name":"University of Nottingham","ror":"https://ror.org/01ee9ar58","country_code":"GB","type":"education","lineage":["https://openalex.org/I142263535"]},{"id":"https://openalex.org/I197518295","display_name":"IZA - Institute of Labor Economics","ror":"https://ror.org/029s44460","country_code":"DE","type":"nonprofit","lineage":["https://openalex.org/I197518295"]}],"countries":["DE","GB"],"is_corresponding":false,"raw_author_name":"Simon Gachter","raw_affiliation_strings":["CESifo (Center for Economic Studies and Ifo Institute)","IZA Institute of Labor Economics","University of Nottingham"],"raw_orcid":"https://orcid.org/0000-0002-7182-8505","affiliations":[{"raw_affiliation_string":"CESifo (Center for Economic Studies and Ifo Institute)","institution_ids":["https://openalex.org/I1340728805"]},{"raw_affiliation_string":"IZA Institute of Labor Economics","institution_ids":["https://openalex.org/I197518295"]},{"raw_affiliation_string":"University of Nottingham","institution_ids":["https://openalex.org/I142263535"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5056889851","display_name":"Andreas Peter Herrmann","orcid":"https://orcid.org/0000-0002-8886-0894","observed_orcids":["https://orcid.org/0000-0002-8886-0894"]},"institutions":[{"id":"https://openalex.org/I202963720","display_name":"University of St.Gallen","ror":"https://ror.org/0561a3s31","country_code":"CH","type":"education","lineage":["https://openalex.org/I202963720"]}],"countries":["CH"],"is_corresponding":false,"raw_author_name":"Andreas Herrmann","raw_affiliation_strings":["University of St. Gallen - MCM Institute, Blumenbergplatz 9, CH-9000 St. Gallen, Switzerland","University of St. Gallen - MCM Institute"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of St. Gallen - MCM Institute, Blumenbergplatz 9, CH-9000 St. Gallen, Switzerland","institution_ids":["https://openalex.org/I202963720"]},{"raw_affiliation_string":"University of St. Gallen - MCM Institute","institution_ids":["https://openalex.org/I202963720"]}]}],"institutions":[],"countries_distinct_count":4,"institutions_distinct_count":5,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":79,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.0010000000474974513,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10841","display_name":"Economic and Environmental Valuation","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/loss-aversion","display_name":"loss aversion","score":1.0},{"id":"https://openalex.org/keywords/framing-effects","display_name":"framing effects","score":0.4779999852180481},{"id":"https://openalex.org/keywords/individual-differences","display_name":"individual differences","score":0.5130000114440918},{"id":"https://openalex.org/keywords/attribute-importance","display_name":"attribute importance","score":0.609000027179718},{"id":"https://openalex.org/keywords/price-setting","display_name":"price setting","score":0.4320000112056732},{"id":"https://openalex.org/keywords/consumer-choice","display_name":"consumer choice","score":0.6129999756813049},{"id":"https://openalex.org/keywords/age-effects","display_name":"age effects","score":0.47200000286102295},{"id":"https://openalex.org/keywords/knowledge-effects","display_name":"knowledge effects","score":0.4650000035762787}],"concepts":[{"id":"https://openalex.org/C2778174566","wikidata":"https://www.wikidata.org/wiki/Q2874240","display_name":"Loss aversion","level":2,"score":0.9469649791717529},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5844305157661438},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5765210390090942},{"id":"https://openalex.org/C2780801425","wikidata":"https://www.wikidata.org/wiki/Q5164392","display_name":"Construct (python library)","level":2,"score":0.5714113712310791},{"id":"https://openalex.org/C129915516","wikidata":"https://www.wikidata.org/wiki/Q17083550","display_name":"Risk aversion (psychology)","level":3,"score":0.5310419201850891},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5013866424560547},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.46295174956321716},{"id":"https://openalex.org/C177264268","wikidata":"https://www.wikidata.org/wiki/Q1514741","display_name":"Set (abstract data type)","level":2,"score":0.45450669527053833},{"id":"https://openalex.org/C339426","wikidata":"https://www.wikidata.org/wiki/Q1151839","display_name":"Prospect theory","level":2,"score":0.4451344907283783},{"id":"https://openalex.org/C189950617","wikidata":"https://www.wikidata.org/wiki/Q937228","display_name":"Property (philosophy)","level":2,"score":0.4386471211910248},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.4357434809207916},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.22884362936019897},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.17865103483200073},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.15746086835861206},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.15211105346679688},{"id":"https://openalex.org/C205706631","wikidata":"https://www.wikidata.org/wiki/Q2319304","display_name":"Expected utility hypothesis","level":2,"score":0.15069866180419922},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0}],"mesh":[],"locations_count":7,"locations":[{"id":"doi:10.2139/ssrn.892336","doi":"https://doi.org/10.2139/ssrn.892336","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.892336","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:RePEc:cdx:dpaper:2006-02","doi":null,"is_oa":false,"landing_page_url":"http://www.nottingham.ac.uk/cedex/documents/papers/2006-02.pdf","pdf_url":"http://www.nottingham.ac.uk/cedex/documents/papers/2006-02.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:iza:izadps:dp2015","doi":null,"is_oa":false,"landing_page_url":"https://docs.iza.org/dp2015.pdf","pdf_url":"https://docs.iza.org/dp2015.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:not:notcdx:2006-02","doi":null,"is_oa":false,"landing_page_url":"https://www.nottingham.ac.uk/cedex/documents/papers/2006-02.pdf","pdf_url":"https://www.nottingham.ac.uk/cedex/documents/papers/2006-02.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:econstor.eu:10419/33324","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/33324","pdf_url":"http://hdl.handle.net/10419/33324","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},{"id":"pmh:oai:econstor.eu:10419/67972","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/67972","pdf_url":"http://hdl.handle.net/10419/67972","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},{"id":"mag:3125705782","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:iza:izadps:dp2015","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":{"id":"doi:10.2139/ssrn.892336","doi":"https://doi.org/10.2139/ssrn.892336","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.892336","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[{"id":"https://openalex.org/G6903732001","display_name":"Preferences as Memory","funder_award_id":"0352062","funder_id":"https://openalex.org/F4320306076","funder_display_name":"National Science Foundation"}],"funders":[{"id":"https://openalex.org/F4320306076","display_name":"National Science Foundation","ror":"https://ror.org/021nxhr62"},{"id":"https://openalex.org/F4320324900","display_name":"Rheinische Friedrich-Wilhelms-Universit\u00e4t Bonn","ror":"https://ror.org/041nas322"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":39,"referenced_works":["https://openalex.org/W1562368000","https://openalex.org/W1859836455","https://openalex.org/W1945136601","https://openalex.org/W1976162738","https://openalex.org/W1980911127","https://openalex.org/W1986218606","https://openalex.org/W1991805901","https://openalex.org/W1993320970","https://openalex.org/W1997972727","https://openalex.org/W1999943693","https://openalex.org/W2011603960","https://openalex.org/W2016557596","https://openalex.org/W2030360026","https://openalex.org/W2030480672","https://openalex.org/W2030874315","https://openalex.org/W2037506918","https://openalex.org/W2039306680","https://openalex.org/W2043527309","https://openalex.org/W2052265620","https://openalex.org/W2060690739","https://openalex.org/W2062468784","https://openalex.org/W2064624825","https://openalex.org/W2069798206","https://openalex.org/W2074270109","https://openalex.org/W2086670988","https://openalex.org/W2088085451","https://openalex.org/W2099032493","https://openalex.org/W2101995379","https://openalex.org/W2104171182","https://openalex.org/W2107566558","https://openalex.org/W2108414166","https://openalex.org/W2108860923","https://openalex.org/W2114806482","https://openalex.org/W2150526511","https://openalex.org/W2165584372","https://openalex.org/W2170411204","https://openalex.org/W2172136185","https://openalex.org/W2487523824","https://openalex.org/W2891190930"],"related_works":["https://openalex.org/W3210757099","https://openalex.org/W2996480632","https://openalex.org/W2615081998","https://openalex.org/W2058559675","https://openalex.org/W1498400308","https://openalex.org/W2167349616","https://openalex.org/W2982582145","https://openalex.org/W7038610041","https://openalex.org/W2016707006","https://openalex.org/W4401464846"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":3},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":5},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":5}],"updated_date":"2026-10-27T15:51:10.671819","created_date":"2016-06-24T00:00:00"}
