Most people are taught to hunt for the highest possible return, yet the real determinant of long term wealth is how well you ...

We don’t like to lose things that we own. We tend to become extremely attracted to objects in our possession, and feel anxious to give them up. Ironically, the more we have, the more vulnerable we are ...

Loss aversion, one of the major behavioral finance biases, is often defined as the pain of losing an amount of money exceeding the pleasure of gaining that same amount of money. It also refers to the ...

A recent study posted to the bioRxiv* preprint server evaluates how people with anxiety respond to a gambling decision-making task. Study: Risk and Loss Aversion and Attitude to COVID and Vaccines in ...