This is part 2 of our two-part series on loss aversion. Previously we explained loss aversion and how it’s distinct from the endowment effect. Here we (as Beeminder) disavow loss aversion as a tool for behavior change. This isn’t like “Ego Depletion Depletion” or other debunking posts we’ve done. We...| blog.beeminder.com
Previously on the Beeminder blog: debating negative vs positive reinforcement and, in case you care about using these psychology terms correctly, clarifying that negative reinforcement ≠ punishment. Also “Beeminder: Like Pact Except All We Do Is Take Your Money”. Here’s a common (pointed) question about...| blog.beeminder.com