Exploring aversion loss: a theoretical perspective over behavioral positive and negative markers

In this article, we explore the phenomenon of loss aversion within the domain of behavioral economics, emphasizing the different perceptions individuals hold toward losses and gains. Loss aversion, a concept present in psychological literature, delineates why individuals manifest more intense emotional and psychological responses to losses than to gains of similar magnitude. By integrating contemporary research and empirical evidence, this study utilizes thematic analysis and narrative review to investigate the cognitive and affective processes that underlie loss aversion. This approach provides a theoretical understanding of how these processes affect decision-making and behavioral patterns. Furthermore, the study investigates the behavioral manifestations associated with both positive and negative outcomes within the context of loss aversion. This narrative review not only enhances our comprehension of human decision-making mechanisms but also presents insights with implications for both theoretical frameworks and practical interventions.

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Publication Details

Journal
Technium Social Sciences Journal
Published
2024-08-09
DOI
https://doi.org/10.47577/tssj.v60i1.11489
Citations
2
Primary Topic
Decision-Making and Behavioral Economics
Type
article
Field-Weighted Citation Impact
1.07
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article

Exploring aversion loss: a theoretical perspective over behavioral positive and negative markers

Radiana Marcu, Gavril Rad, Dana Rad
2 citations
Technium Social Sciences Journal
Decision-Making and Behavioral Economics
1.07
article

Exploring aversion loss: a theoretical perspective over behavioral positive and negative markers

Radiana Marcu, Gavril Rad, Dana Rad
article en
2 citations

Abstract

In this article, we explore the phenomenon of loss aversion within the domain of behavioral economics, emphasizing the different perceptions individuals hold toward losses and gains. Loss aversion, a concept present in psychological literature, delineates why individuals manifest more intense emotional and psychological responses to losses than to gains of similar magnitude. By integrating contemporary research and empirical evidence, this study utilizes thematic analysis and narrative review to investigate the cognitive and affective processes that underlie loss aversion. This approach provides a theoretical understanding of how these processes affect decision-making and behavioral patterns. Furthermore, the study investigates the behavioral manifestations associated with both positive and negative outcomes within the context of loss aversion. This narrative review not only enhances our comprehension of human decision-making mechanisms but also presents insights with implications for both theoretical frameworks and practical interventions.

Technium Social Sciences JournalVol. 60
Vasile Goldis Western University of Arad (RO), Aurel Vlaicu University of Arad (RO)
Peace, Justice and strong institutions
Openalex Percentile: Top 24%
Decision-Making and Behavioral Economics
1.07
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