Why is losing $10 worse than winning $10 is good?

1972 No Comments »

Losses loom larger than gains. This useful mnemonic describes an odd experimental finding: if you have people rate on a scale of 1 to 10 how unhappy they would be to lose $100, that rating will be higher than if you ask them how happy they would be to win $100.
read more
Popularity: 2% [?]

Original post by coglanglab

Popularity: 5% [?]

Copyright: 2008 Research4u.net & Powred by Eternalbizlinks
Entries RSS Comments RSS Login