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oss aversion has become accepted wisdom on how people make decisions under conditions of uncertainty
Challenge to Biggest Idea in Behavioral Finance: Barry Ritholtz
published Aug 9, 2018, 8:00:08 AM, by Barry Ritholtz (Bloomberg Opinion) — A recent paper summarized in Scientific American raises an intriguing question: Is one of the founding theories of behavioral finance known as loss aversion — the idea that people place more weight on avoiding losses than gains —