(2004). Bleed or Blowup? Why Do We Prefer Asymmetric Payoffs? Journal of Behavioral Finance: Vol. 5, No. 1, pp. 2-7.
No takes yet. Share an insight, caveat, or question.
Nassim Nicholas Taleb (2004) studied this question.
Synapse has enriched 3 closely related papers on similar clinical questions. Consider them for comparative context: