CRITICAL THINKING - Cognitive Biases: Reference Dependence and Loss Aversion [HD]

Laurie Santos, a psychologist at Yale University, explains two of our classic economic biases: reference dependence and loss aversion. Using a classic scenario from Kahneman and Tversky’s studies, she explores how these two biases violate economic rationality and how they affect the choices we make every day. Help us caption

• #تحصیلات_و_یادگیری
• #loss_aversion
• #critical_thinking_literature_subject
• #risk_aversion_literature_subject