Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5060771 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠We test the effects of a justification requirement on decisions under responsibility. ⺠Loss aversion is found to decrease with the justification requirement. ⺠Choices in the pure gain and pure loss domains are unaffected. ⺠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
Julius Pahlke, Sebastian Strasser, Ferdinand M. Vieider,