1) Clarification: Overstates the case, and illustrate difference between economists (demonstrated preferences at scale) and psych (individual differences in experiments). “LA vs DAF” merely states that the individual’s prediction of possible outcomes determines expression.
Source date (UTC): 2019-12-04 13:23:49 UTC
Original post: https://twitter.com/i/web/status/1202216939864637441
Reply addressees: @DegenRolf
Replying to: https://twitter.com/i/web/status/1202096406217003008
IN REPLY TO:
@DegenRolf
Loss aversion, “losses loom larger than gains”, is the most basic tenet of behavioral economics. And it’s anything but an established fact. https://t.co/DSQ28iearx https://t.co/EZ6wHTrZrJ
Original post: https://twitter.com/i/web/status/1202096406217003008
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