↓ Skip to main content

Deciding for Future Selves Reduces Loss Aversion

Overview of attention for article published in Frontiers in Psychology, September 2017
Altmetric Badge

About this Attention Score

  • In the top 25% of all research outputs scored by Altmetric
  • High Attention Score compared to outputs of the same age (86th percentile)
  • High Attention Score compared to outputs of the same age and source (80th percentile)

Mentioned by

news
1 news outlet
blogs
1 blog
twitter
2 X users
facebook
1 Facebook page

Citations

dimensions_citation
8 Dimensions

Readers on

mendeley
52 Mendeley
You are seeing a free-to-access but limited selection of the activity Altmetric has collected about this research output. Click here to find out more.
Title
Deciding for Future Selves Reduces Loss Aversion
Published in
Frontiers in Psychology, September 2017
DOI 10.3389/fpsyg.2017.01644
Pubmed ID
Authors

Qiqi Cheng, Guibing He

Abstract

In this paper, we present an incentivized experiment to investigate the degree of loss aversion when people make decisions for their current selves and future selves under risk. We find that when participants make decisions for their future selves, they are less loss averse compared to when they make decisions for their current selves. This finding is consistent with the interpretation of loss aversion as a bias in decision-making driven by emotions, which are reduced when making decisions for future selves. Our findings endorsed the external validity of previous studies on the impact of emotion on loss aversion in a real world decision-making environment.

X Demographics

X Demographics

The data shown below were collected from the profiles of 2 X users who shared this research output. Click here to find out more about how the information was compiled.
Mendeley readers

Mendeley readers

The data shown below were compiled from readership statistics for 52 Mendeley readers of this research output. Click here to see the associated Mendeley record.

Geographical breakdown

Country Count As %
Unknown 52 100%

Demographic breakdown

Readers by professional status Count As %
Student > Bachelor 11 21%
Student > Master 8 15%
Student > Ph. D. Student 7 13%
Other 3 6%
Researcher 3 6%
Other 3 6%
Unknown 17 33%
Readers by discipline Count As %
Psychology 11 21%
Business, Management and Accounting 6 12%
Social Sciences 4 8%
Economics, Econometrics and Finance 4 8%
Medicine and Dentistry 3 6%
Other 8 15%
Unknown 16 31%
Attention Score in Context

Attention Score in Context

This research output has an Altmetric Attention Score of 16. This is our high-level measure of the quality and quantity of online attention that it has received. This Attention Score, as well as the ranking and number of research outputs shown below, was calculated when the research output was last mentioned on 08 September 2020.
All research outputs
#2,188,474
of 24,340,143 outputs
Outputs from Frontiers in Psychology
#4,372
of 32,770 outputs
Outputs of similar age
#42,004
of 322,078 outputs
Outputs of similar age from Frontiers in Psychology
#112
of 588 outputs
Altmetric has tracked 24,340,143 research outputs across all sources so far. Compared to these this one has done particularly well and is in the 90th percentile: it's in the top 10% of all research outputs ever tracked by Altmetric.
So far Altmetric has tracked 32,770 research outputs from this source. They typically receive a lot more attention than average, with a mean Attention Score of 12.8. This one has done well, scoring higher than 86% of its peers.
Older research outputs will score higher simply because they've had more time to accumulate mentions. To account for age we can compare this Altmetric Attention Score to the 322,078 tracked outputs that were published within six weeks on either side of this one in any source. This one has done well, scoring higher than 86% of its contemporaries.
We're also able to compare this research output to 588 others from the same source and published within six weeks on either side of this one. This one has done well, scoring higher than 80% of its contemporaries.