Loss Aversion
From Cognitive Attack Taxonomy
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:
Closely Related Concepts:
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:
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Example(s) From The Wild: