Economic decision biases and fundamental motivations
How mating and self-protection alter loss aversion
Bibliographic Data
| ID | 6206085 |
|---|---|
| Authors | Yexin Jessica Li (Arizona State University), Douglas T Kenrick (0000-0001-8906-2758, Arizona State University), Vladas Griskevicius (University of Minnesota), Steven L Neuberg (0000-0001-6870-896X, Arizona State University) |
| Year | 2012 |
| Volume | 102 |
| Issue | 3 |
| Pages | 550-561 |
| Publication date | 2012-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Personality and Social Psychology (JOURNAL) |
| Journal identifiers | ISSN: 0022-3514 • E-ISSN: 1939-1315 |
| Publisher | American Psychological Association (APA) (PUBLISHER) |
| DOI | 10.1037/a0025844 |
| PMID | 22003837 |
| OpenAlex | W2116152209 |
| Language | EN |
| Citations received | 32 |
| References cited | 39 |
Much research shows that people are loss averse, meaning that they weigh losses more heavily than gains. Drawing on an evolutionary perspective, we propose that although loss aversion might have been adaptive for solving challenges in the domain of self-protection, this may not be true for men in the domain of mating. Three experiments examine how loss aversion is influenced by mating and self-protection motives. Findings reveal that mating motives selectively erased loss aversion in men. In contrast, self-protective motives led both men and women to become more loss averse. Overall, loss aversion appears to be sensitive to evolutionarily important motives, suggesting that it may be a domain-specific bias operating according to an adaptive logic of recurring threats and opportunities in different evolutionary domains
Biology · Domain (mathematical analysis) · Economics · Evolutionary psychology · Loss aversion · Mating · Microeconomics · Perspective (graphical) · Behavioral Health and Interventions · Computer Science · Ecology · Evolutionary Psychology and Human Behavior · Psychology · Psychology of Moral and Emotional Judgment · Social Psychology
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| Unique citing works | 32 |
|---|---|
| Citations per year | 2,13 |
| Citation span | 2011 - 2026 (16) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 28 |