%0 Report %A Morrison, William G. %A Oxoby, Robert J. %T Loss Aversion in the Laboratory %D 2014 %8 2014 Jul %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 8309 %U https://www.iza.org/index.php/publications/dp8309 %X We report the results of a laboratory experiment testing for the existence of loss aversion in a standard risk aversion protocol (Holt and Laury, 2002). In our experiment, participants earn and retain money for a week before using it in an incentivized risk preference elicitation task. We find loss aversion, distinct from risk aversion, has a significant effect on behavior resulting in participants requiring higher compensation to bear risk. %K risk aversion %K loss aversion %K experiments