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Loss aversion was the most useful contribution of the prospect theory work to the study of decision making
Drawn from what Daniel Kahneman said
What Daniel Kahneman actually said
- Daniel Kahneman Psychologist and Nobel laureate (1934 to 2024)
The concept of loss aversion was, I believe, our most useful contribution to the study of decision making.
Where this was said
↗Daniel Kahneman – Biographical, Part 2: Eulogy for Amos Tversky (June 5, 1996)nobelprize.org
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