Loss aversion - Deepstash

Loss aversion

It's our tendency o focus on losses rather than gains. 

That makes people who are more prone to feel regret less likely to take risks.

155

304 reads

CURATED FROM

IDEAS CURATED BY

bentley_a

Nothing lasts forever, not even your problems. Stay positive.

The idea is part of this collection:

Managing Perfectionism

Learn more about personaldevelopment with this collection

How to manage anxiety and self-doubt

Strategies for setting realistic goals

The importance of self-compassion and self-care

Related collections

Similar ideas to Loss aversion

Loss Aversion

A backwards technique of motivation is exploiting the preference to avoid losses over acquiring gains. Making people aware that they will lose something if the activity isn’t completed is a fear-based but effective method of external motivation.

Example: Making people pay a fine if the...

Loss Aversion

Loss Aversion

..is a principle which makes people do things so that they don't feel regretful later. 

People are panic-buying for the same reason too, with social media and news media amplifying the sense of scarcity.

Dieting and social behaviors

  • Chronic dieters seem to be more prone to ego depletion as they apply their limited willpower on controlling their food intake, therefore being more likely to lose their self-control when temptation strikes.
  • Ego depletion makes people feel less guilty, making them less likely to be ...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates