Paraschiv, C.

utility loss aversion aversion prospect prospect theory theory subject value function tversky probability utility function domain kahneman method loss domain gain domain wakker elicitation definition finition study table power outcome abdellaoui indifference measurement choice ficient weighting bleichrodt coefficient probability weighting response response error decision question management midpoint probability weighting function power function figure error result level loss aversion coefficient 0.58 measure loss aversion measure difference science 0.60 evidence procedure utility midpoints point uncertainty experiment utility midpoint indifference value assumption trade-off method preference journal display reference point estimation neilson iteration curvature estimate 0.56 paper money classi fied effect camerer utility curvature 0.61