@TechReport{iza:izadps:dp14438,
            	author={Lippens, Louis and Baert, Stijn and Derous, Eva},
            	title={Loss Aversion in Taste-Based Employee Discrimination: Evidence from a Choice Experiment},
            	year={2021},
	month={Jun},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={14438},
            	url={https://www.iza.org/index.php/publications/dp14438},
	abstract={Using a choice experiment, we test whether taste-based employee discrimination against ethnic minorities is susceptible to loss aversion. In line with empirical evidence from previous research, our results indicate that introducing a hypothetical wage penalty for discriminatory choice behaviour lowers discrimination and that higher penalties have a greater effect. Most notably, we find that the propensity to discriminate is significantly lower when this penalty is loss-framed rather than gain-framed. From a policy perspective, it could therefore be more effective to financially penalise taste-based discriminators than to incentivise them not to discriminate.},
	keywords={ethnicity;loss aversion;employee discrimination;taste-based discrimination},
            }