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Loss aversion tells us that gains and losses have different emotional impact. In particular, perceived losses supposedly have a strong negative impact on people
by ajayjain 7y ago
Loss aversion tells us that gains and losses have different emotional impact. In particular, perceived losses supposedly have a strong negative impact on people. [1] If Lyft employees value their shares at the IPO price, they might be feeling a loss all the way from 72 to 61.
[1] https://link.springer.com/chapter/10.1057/9781137544254_13 https://link.springer.com/chapter/10.1057/9781137544254_13
- c1b 7y agoYou’re just arguing for the sake of arguing. It’s a net positive. Positive is good.
- mrnobody_67 7y agoBut anchoring.... people anchor to the all time high.
- Bajeezus 7y agoHe's got an extremely valid point, and morale at Lyft IS low, largely because of the reason above. Definitely not arguing for the sake of arguing.