Keyword: loss

Bad Decision - TED lecture (2/28/2014)

Bad decisions are made because people are bad at figuring out the odds and values of possible events.

Keywords: availability heuristic, expected value, gain, loss, odds, shifting comparisons

Easy Money (12/21/2001)

If the insured takes less care to prevent loss, the insurer might be subject to unanticipated loss because of such moral hazard.

Keywords: ABC, Buena Vista Entertainment Inc., deductible, easy money, Goshawk Syndicate, insurance, loss, millionaires, moral hazard, ratings

Framing Perceptions (6/22/2006)

Since people are risk-averse with respect to gain and risk-seeking with respect to loss, their choices can be easily manipulated by whether an offer is framed as a gain or a loss.

Keywords: expected value, framing, gain, loss, perception, risk averse, risk seeking

The High-Tech Treadmill (6/22/2001)

The profit of New Economy business firms that have very high R&D fixed costs and very low marginal costs is brutally squeezed in economic downturn.

Keywords: average costs, business cycles, competitors, demand, fixed costs, hi-tech companies, investment, loss, marginal cost, new economy, obsolescence, profit, R&D, sales, software, upgrading, venture capital