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.

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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

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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.

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Loss Aversion

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..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

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