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<p>In a previous study, Seaman et al., 2017, we found adult 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. </p> <p><strong>Hypothesis:</strong> Assuming an increase in loss aversion with age, we predicted that loss aversion would moderate the relationship between age and the acceptance of positively-skewed gambles.</p> <p><strong>Population:</strong> Adult life span population (21-82 years old)</p>
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