Law, psychology, and morality : the role of loss aversion /

Prospect theory posits that people do not perceive outcomes as final states of wealth or welfare, but rather as gains or losses in relation to some reference point. People are generally loss averse: the disutility generated by a loss is greater than the utility produced by a commensurate gain. Loss...

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Bibliographic Details
Main Author: Zamir, Eyal
Format: eBook
Language:English
Language Notes:English.
Published: New York : Oxford University Press, 2015.
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Call Number: K487.E3 Z367 2015
 
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