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.
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Similar ideas to 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...
..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.
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