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Loss Aversion and Consumption Choice: Theory and Experimental Evidence
16 references·16 citing·33 second hopsampled
Loss Aversion and Consumption Choice: Theory and Experimental Evidence (2015)Loss Aversion and Consumption Choice: The…Risk aversion and expected-utility theory: A calibration theorem (2013)Risk aversion and expected-ut…A Structural Analysis of Disappointment Aversion in a Real Effort Competition (2012)A Structural Analysis of Disa…Reference Points and Effort Provision (2011)Reference Points and Effort P…Family Violence and Football: The Effect of Unexpected Emotional Cues on Violent Behavior* (2011)Family Violence and Football:…Reference-Dependent Consumption Plans (2009)Reference-Dependent Consumpti…Reference-Dependent Risk Attitudes (2007)Reference-Dependent Risk Atti…A Model of Reference-Dependent Preferences (2006)A Model of Reference-Dependen…Reference Price Research: Review and Propositions (2005)Reference Price Research: Rev…Risk Aversion and Expected-utility Theory: A Calibration Theorem (2000)Risk Aversion and Expected-ut…Labor Supply of New York City Cabdrivers: One Day at a Time (1997)Labor Supply of New York City…Empirical Generalizations from Reference Price Research (1995)Empirical Generalizations fro…Modeling Loss Aversion and Reference Dependence Effects on Brand Choice (1993)Modeling Loss Aversion and Re…Advances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …A Theory of Disappointment Aversion (1991)A Theory of Disappointment Av…Disappointment and Dynamic Consistency in Choice under Uncertainty (1986)Disappointment and Dynamic Co…Disappointment in Decision Making Under Uncertainty (1985)Disappointment in Decision Ma…Student performance and loss aversion* (2022)Student performance and loss …Learning with misattribution of reference dependence (2022)Learning with misattribution …Fully Closed: Individual Responses to Realized Gains and Losses (2022)Fully Closed: Individual Resp…Intertemporal preference with loss aversion: Consumption and risk-attitude (2021)Intertemporal preference with…Quality Disclosure Under Consumer Loss Aversion (2020)Quality Disclosure Under Cons…SELLING IN ADVANCE TO LOSS AVERSE CONSUMERS (2019)SELLING IN ADVANCE TO LOSS AV…Intertemporal incentives under loss aversion (2018)Intertemporal incentives unde…Preferred personal equilibrium and simple choices (2017)Preferred personal equilibriu…Expectation-based loss aversion and strategic interaction (2017)Expectation-based loss aversi…Advertising and attachment: exploiting loss aversion through prepurchase information (2017)Advertising and attachment: e…The Price of Gold: Dowry and Death in India (2016)The Price of Gold: Dowry and …Team Incentives and Reference‐Dependent Preferences (2016)Team Incentives and Reference…Selling substitute goods to loss‐averse consumers: limited availability, bargains, and rip‐offs (2016)Selling substitute goods to l…A theory of price adjustment under loss aversion (2016)A theory of price adjustment …Expected prices as reference points—Theory and experiments (2015)Expected prices as reference …Competition under consumer loss aversion (2014)Competition under consumer lo…Prospect Theory: An Analysis of Decision under Risk (1979)Golden Eggs and Hyperbolic Discounting (1997)A perspective on judgment and choice: Mapping bounded rationality. (2003)Psychology and Economics: Evidence from the Field (2009)Salience Theory of Choice Under Risk (2012)Thirty Years of Prospect Theory in Economics: A Review and Assessment (2013)Prospect theory: An analysis of decision under risk (1988)Dynamic Asset Pricing Theory. (1993)Investor Psychology and Asset Pricing (2001)The jump-risk premia implicit in options: evidence from an integrated time-series study (2002)Judgment under Uncertainty: Heuristics and Biases (1975)Individual differences in reasoning: Implications for the rationality debate? (2000)Le Comportement de l'Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l'Ecole Americaine (1953)The Framing of Decisions and the Psychology of Choice (1981)Handbook of Emotions (1993)Emotion, cognition, and decision making (2000)Choices, values, and frames. (1984)Risk, Ambiguity, and the Savage Axioms (1961)Risk Aversion in the Small and in the Large (1976)Norm theory: Comparing reality to its alternatives. (1986)Time-inconsistent Preferences and Consumer Self-Control (1991)On the Shape of the Probability Weighting Function (1999)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Psychological foundations of incentives (2002)Large Stakes and Big Mistakes (2009)Judgment under Uncertainty: Heuristics and Biases (1974)Education and Human Capital Externalities: Evidence from Colonial Benin * (2014)Poverty and Aspirations Failure (2014)SERVQUAL: review, critique, research agenda (1996)Consumer Choice between Hedonic and Utilitarian Goods (2000)The Neural Basis of Loss Aversion in Decision-Making Under Risk (2007)Risk Aversion and Incentive Effects (2002)Cognitive Reflection and Decision Making (2005)
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References

  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 2006A Model of Reference-Dependent Preferences2,726 cited
  • 2000Risk Aversion and Expected-utility Theory: A Calibration Theorem1,623 cited
  • 1991A Theory of Disappointment Aversion1,343 cited
  • 1985Disappointment in Decision Making Under Uncertainty1,260 cited
  • 1997Labor Supply of New York City Cabdrivers: One Day at a Time1,204 cited
  • 2007Reference-Dependent Risk Attitudes1,028 cited
  • 1993Modeling Loss Aversion and Reference Dependence Effects on Brand Choice903 cited
  • 1986Disappointment and Dynamic Consistency in Choice under Uncertainty859 cited
  • 2011Reference Points and Effort Provision848 cited
  • 2005Reference Price Research: Review and Propositions845 cited
  • 1995Empirical Generalizations from Reference Price Research793 cited
  • 2013Risk aversion and expected-utility theory: A calibration theorem692 cited
  • 2012A Structural Analysis of Disappointment Aversion in a Real Effort Competition674 cited
  • 2011Family Violence and Football: The Effect of Unexpected Emotional Cues on Violent Behavior*672 cited

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2009
Reference-Dependent Consumption Plans
590 cited

Cited by

  • 2016The Price of Gold: Dowry and Death in India144 cited
  • 2016Selling substitute goods to loss‐averse consumers: limited availability, bargains, and rip‐offs89 cited
  • 2020Quality Disclosure Under Consumer Loss Aversion88 cited
  • 2014Competition under consumer loss aversion82 cited
  • 2016Team Incentives and Reference‐Dependent Preferences35 cited
  • 2017Advertising and attachment: exploiting loss aversion through prepurchase information35 cited
  • 2022Fully Closed: Individual Responses to Realized Gains and Losses34 cited
  • 2018Intertemporal incentives under loss aversion33 cited
  • 2022Learning with misattribution of reference dependence32 cited
  • 2015Expected prices as reference points—Theory and experiments32 cited
  • 2016A theory of price adjustment under loss aversion32 cited
  • 2021Intertemporal preference with loss aversion: Consumption and risk-attitude29 cited
  • 2017Expectation-based loss aversion and strategic interaction28 cited
  • 2019SELLING IN ADVANCE TO LOSS AVERSE CONSUMERS27 cited
  • 2017Preferred personal equilibrium and simple choices20 cited
  • 2022Student performance and loss aversion*17 cited