Open AccessLoss aversion, the endowment effect, and gain-loss framing shape preferences for noninstrumental information
Author(s) -
Yana Litovsky,
George Loewenstein,
Samantha Horn,
Christopher Y. Olivola
Publication year - 2022
Publication title -
proceedings of the national academy of sciences of the united states of america
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 5.011
H-Index - 771
eISSN - 1091-6490
pISSN - 0027-8424
DOI - 10.1073/pnas.2202700119
Subject(s) - loss aversion , endowment effect , framing (construction) , framing effect , valuation (finance) , prospect theory , economics , microeconomics , endowment , value of information , information good , value (mathematics) , social psychology , positive economics , psychology , computer science , epistemology , philosophy , structural engineering , finance , mathematical economics , persuasion , engineering , the internet , machine learning , world wide web