Loss aversion attenuates under time pressure

Publication Type:
Conference Proceeding
Citation:
Advances in Consumer Research, 2013, 41 pp. 426 - 427 (2)
Issue Date:
2013
Full metadata record
Four experiments demonstrate that loss aversion attenuates under time pressure. We posit a value function-based explanation: the loss of time under time pressure places people on the locally-convex portion of the value function, from which they consider the hedonic impact of losses to be similar to that of gains.
Please use this identifier to cite or link to this item: