IDEAS home Printed from https://ideas.repec.org/a/plo/pwat00/0000387.html

On the safe side: Uncertainty awareness for hydroclimatic risk and loss aversion

Author

Listed:
  • Omar Wani
  • Mason Majszak
  • Victor Hertel
  • Christian Geiß

Abstract

No abstract is available for this item.

Suggested Citation

  • Omar Wani & Mason Majszak & Victor Hertel & Christian Geiß, 2025. "On the safe side: Uncertainty awareness for hydroclimatic risk and loss aversion," PLOS Water, Public Library of Science, vol. 4(6), pages 1-4, June.
    • Handle: RePEc:plo:pwat00:0000387
    DOI: 10.1371/journal.pwat.0000387
    as

    Download full text from publisher

    File URL: https://journals.plos.org/water/article?id=10.1371/journal.pwat.0000387
    Download Restriction: no
    File URL: https://journals.plos.org/water/article/file?id=10.1371/journal.pwat.0000387&type=printable
    Download Restriction: no
    File URL: https://libkey.io/10.1371/journal.pwat.0000387?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ulrich Schmidt & Horst Zank, 2005. "What is Loss Aversion?," Journal of Risk and Uncertainty, Springer, vol. 30(2), pages 157-167, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Luís Santos-Pinto & Adrian Bruhin & José Mata & Thomas Åstebro, 2015. "Detecting heterogeneous risk attitudes with mixed gambles," Theory and Decision, Springer, vol. 79(4), pages 573-600, December.
    2. Eric LANGLAIS, 2010. "An Analysis Of Bounded Rationality In Judicial Litigations The Case With Loss Disappointment Averse Plaintiffs," Journal of Advanced Research in Law and Economics, ASERS Publishing, vol. 1(1), pages 42-50.
    3. Jakusch, Sven Thorsten & Meyer, Steffen & Hackethal, Andreas, 2019. "Taming models of prospect theory in the wild? Estimation of Vlcek and Hens (2011)," SAFE Working Paper Series 146, Leibniz Institute for Financial Research SAFE, revised 2019.
    4. Ulrich Schmidt & Horst Zank, 2012. "A genuine foundation for prospect theory," Journal of Risk and Uncertainty, Springer, vol. 45(2), pages 97-113, October.
    5. Egon Smeral, 2019. "Seasonal forecasting performance considering varying income elasticities in tourism demand," Tourism Economics, , vol. 25(3), pages 355-374, May.
    6. Quainoo, Ruth & Howard, Gregory & Gaur, Vasundhara & Lang, Corey, 2024. "Model choice and framing effects: Do discrete choice modeling decisions affect loss aversion estimates?," Journal of choice modelling, Elsevier, vol. 53(C).
    7. Matteo Rizzolli & Luca Stanca, 2012. "Judicial Errors and Crime Deterrence: Theory and Experimental Evidence," Journal of Law and Economics, University of Chicago Press, vol. 55(2), pages 311-338.
    8. Luis Muga & Rafael Santamaría, 2009. "Momentum, market states and investor behavior," Empirical Economics, Springer, vol. 37(1), pages 105-130, September.
    9. Simon Gächter & Eric J. Johnson & Andreas Herrmann, 2022. "Individual-level loss aversion in riskless and risky choices," Theory and Decision, Springer, vol. 92(3), pages 599-624, April.
    10. Alexander L. Brown & Taisuke Imai & Ferdinand M. Vieider & Colin F. Camerer, 2024. "Meta-analysis of Empirical Estimates of Loss Aversion," Journal of Economic Literature, American Economic Association, vol. 62(2), pages 485-516, June.
    11. Dang, Duc Anh, 2012. "On the sources of risk preferences in rural Vietnam," MPRA Paper 38058, University Library of Munich, Germany.
    12. Keith Blackburn & David Chivers, 2015. "Fearing the worst: the importance of uncertainty for inequality," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 60(2), pages 345-370, October.
    13. Li, Qianwen & Qian, Tingyu & Zhang, Xufeng & Long, Ruyin & Chen, Hong & Huang, Han & Liu, Lei & Zhu, Licai & Jiang, Huikang & Zhu, Hanyi, 2023. "How does stakeholder loss aversion affect the promotion of green housing?," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 647-668.
    14. Mohammed Abdellaoui & Olivier L’Haridon & Horst Zank, 2010. "Separating curvature and elevation: A parametric probability weighting function," Journal of Risk and Uncertainty, Springer, vol. 41(1), pages 39-65, August.
    15. Ali Ardeshiri & Joffre Swait & Elizabeth C. Heagney & Mladen Kovac, 2019. "Preserve or retreat? Willingness-to-pay for Coastline Protection in New South Wales," Papers 1902.03310, arXiv.org.
    16. Park, HyunJee & Kim, Jinho, 2024. "Perceived social position, active engagement with life, and depressive symptoms among older adults," Social Science & Medicine, Elsevier, vol. 345(C).
    17. Hans Peters, 2022. "Risk aversion for losses and the Nash bargaining solution," Theory and Decision, Springer, vol. 92(3), pages 703-715, April.
    18. Schmidt, Ulrich & Zank, Horst, 2010. "Endogenizing prospect theory's reference point," Kiel Working Papers 1611, Kiel Institute for the World Economy.
    19. Alex Markle & George Wu & Rebecca White & Aaron Sackett, 2018. "Goals as reference points in marathon running: A novel test of reference dependence," Journal of Risk and Uncertainty, Springer, vol. 56(1), pages 19-50, February.
    20. Yong Tu & Seow Ong & Ying Han, 2009. "Turnovers and Housing Price Dynamics: Evidence from Singapore Condominium Market," The Journal of Real Estate Finance and Economics, Springer, vol. 38(3), pages 254-274, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:plo:pwat00:0000387. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: water (email available below). General contact details of provider: https://journals.plos.org/water .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.