Individual differences in loss aversion: conscientiousness predicts how life satisfaction responds to losses versus gains in income
Loss aversion is considered a general pervasive bias occurring regardless of context or person making the decision. We hypothesized that conscientiousness would predict an aversion to losses in the financial domain. We index loss aversion by the relative impact of income losses and gains on life sat...
| Main Authors: | Boyce, Christopher J., Wood, Alex M., Ferguson, Eamonn |
|---|---|
| Format: | Article |
| Published: |
SAGE
2016
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/33092/ |
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