Loss Aversion: Difference between revisions

From Cognitive Attack Taxonomy
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'''Subcategory:'''  Cognitive Vulnerability <br>
'''Subcategory:'''  Cognitive Vulnerability <br>


'''Also Known As:''' Prospect theory <br>
'''Also Known As:''' Prospect Theory <br>


== '''Description:''' ==
== '''Description:''' ==

Revision as of 13:48, 7 August 2024

Loss Aversion

Short Description: Value of a loss is weighed more heavily than the value of a gain.

CAT ID: CAT-2022-079

Layer: 8

Operational Scale: Tactical

Level of Maturity: Well-Established

Category: Vulnerability

Subcategory: Cognitive Vulnerability

Also Known As: Prospect Theory

Description:

Brief Description: Losses inflict greater significance

Closely Related Concepts: Prospect Theory

Mechanism:

Multipliers:

Detailed Description: The lost value of a thing (object, opportunity) is perceived to be greater than the gained value would be of that same thing. *Losing $20 hurts more than finding $20 feels good.

INTERACTIONS [VETs]:

Examples:

Use Case Example(s):

Example(s) From The Wild:

Comments:

References: