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Behavioral Economics - Loss Aversion and the Value Function

YouTube
7
0

This video explains Loss Aversion and the Value Function within Prospect Theory, illustrating why losses loom larger than gains and discussing applications related to perceived value and status degradation.

Subjects Covered:

Behavioral Economics
Psychology
Entrepreneurship
Marketing

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Duration: 7

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Resource Details

Platform:YouTube
Duration:7
Price:0
Category:Resources