2. Why is that human beings feel loses so much more than they do gains?
2. Why is that human beings feel loses so much more than they do gains?
Homework Answers
Humans value loss more than gain because of Loss aversion phenomenon. It is a human characteristic that explains the intrinsic fear of loss among people. People have natural tendency to avoid loss and have equivalent gain.Thus losses appear larger than gains.
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2. Why is that human beings feel loses so much more
than they do gains?
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