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Loss Aversion | Concepts Unwrapped
6:36
YouTubeMcCombs School of Business
Loss Aversion | Concepts Unwrapped
We hate losses about twice as much as we enjoy gains, meaning we are more likely to act unethically to avoid a “loss” than to secure a “gain.” This phenomenon is known as loss aversion. For free teaching and learning resources related to this topic, visit http://bit.ly/1QE93Dy. This video is a part of Ethics Unwrapped, a free online ...
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