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Loss Aversion and Skewed Financial Risk Taking across Adulthood
- Kendra Leigh Seaman
- Gregory Samanez-Larkin
- Mikella Green
- Stephen Shu
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Description: In a previous study, we found age differences in the tendency to accept more positively-skewed gambles (with a small chance of a large win) than other equivalent risks, or an age-related positive-skew bias. In the present study, we examined whether loss aversion explained this bias.
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