Why Losing Money May Be More Painful Than You Think
ScienceDaily (2007-05-02) -- Losing money may be intrinsically linked with fear and pain in the brain, scientists have discovered. In a recent study, researchers have shown that during a gambling task, losing money activated an area of the brain involved in responding to fear and pain. ... > read full article
A blog by Prof. Dante Pirouz, a consumer behavior researcher at the Ivey Business School - University of Western Ontario, who specializes in understanding why our brain and body drive us to consume what we do and what we consumers can do about it.
Saturday, May 3, 2008
Loss Aversion is Real
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