Acceptable losses: the debatable origins of loss aversion
Acceptable losses: the debatable origins of loss aversion
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可接受的损失：损失厌恶的有争议的起源
DOI：
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发表时间：
2018
期刊：
影响因子：
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通讯作者：
E. Yechiam
中科院分区：
文献类型：
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作者：
E. Yechiam
人们常说，消极事件比积极事件更重要。损失厌恶是这一论点在货币结果中的表现。在这篇综述中，我们考察了收益和损失效用函数的早期研究，特别是Kahneman和Tversky（Econometrica 47：263-291，1979）报道的损失厌恶的原始证据。我们认为，损失厌恶的支持者过度解释了这些发现。具体来说，早期对效用函数的研究表明，虽然非常大的损失被过度加权，但较小的损失通常不会。此外，这些研究中的一些结果被系统地歪曲，以反映损失厌恶，虽然他们没有发现它。这些发现揭示了现代研究无法复制损失厌恶以及第二个文献强烈支持它。
It is often claimed that negative events carry a larger weight than positive events. Loss aversion is the manifestation of this argument in monetary outcomes. In this review, we examine early studies of the utility function of gains and losses, and in particular the original evidence for loss aversion reported by Kahneman and Tversky (Econometrica 47:263–291, 1979). We suggest that loss aversion proponents have over-interpreted these findings. Specifically, the early studies of utility functions have shown that while very large losses are overweighted, smaller losses are often not. In addition, the findings of some of these studies have been systematically misrepresented to reflect loss aversion, though they did not find it. These findings shed light both on the inability of modern studies to reproduce loss aversion as well as a second literature arguing strongly for it.
影响因子：
4.1
作者：
Wang, X. T.;Johnson, Joseph G.
通讯作者：
Johnson, Joseph G.