A behavioral definition of loss aversion


A behavioral definition of loss aversion is a scholarly work, published in 2024 in ''Economics Letters''. The main subjects of the publication include certainty, prospect theory, econometrics, mathematical economics, asset pricing, ambiguity, behavioral economics, risk aversion, economics, ambiguity aversion, expected utility hypothesis, loss aversion, Cumulative prospect theory, Housing market, and microeconomics. The paper proposes a minor modification of the definition of loss aversion as disliking of mixed lotteries that have symmetric certainty equivalents of their gain and loss parts.

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