Article ID Journal Published Year Pages File Type
5060771 Economics Letters 2012 4 Pages PDF
Abstract
► We test the effects of a justification requirement on decisions under responsibility. ► Loss aversion is found to decrease with the justification requirement. ► Choices in the pure gain and pure loss domains are unaffected. ► This points to a de-biasing mechanism for (myopic) loss aversion.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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