search query: @indexterm utility theory / total: 246
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| Author: | Bateman, I. (et al.) |
| Title: | Testing competing models of loss aversion: an adversarial collaboration |
| Journal: | Journal of Public Economics
2005 : AUG, VOL. 89:8, p. 1561-1580 |
| Index terms: | Microeconomics Preferences Utility theory |
| Language: | eng |
| Abstract: | This article studies whether, when individuals consider giving up money in exchange for goods, they perceive money outlays as losses or as foregone gains. The findings based on an experiment indicate consistency with the hypothesis that money outlays are seen as losses. |
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