hu / en

Annulment Actions and the V4: Taking Legislative Conflicts Before the CJEU - new study by Veronika Czina and co-authors Read more

Read more

Connectivity, the Black Sea Region, and Hungarian Priorities - working paper by Erzsébet N. Rózsa & Tamás Szigetvári Read more

Read more

The Ukrainian Refugee Crisis and the Politics of Public Opinion: Evidence from Hungary - new article by Ádám Reiff Read more

Read more

Socioeconomic disparities in access to green areas in Budapest - new study by Jenő Zsolt Farkas and co-authors Read more

Read more

KTI Seminar: Ertl Antal – Loss Aversion in the Classroom: an experimental approach (with Barna Bakó, Éva Holb)

The lecture will take place in a hybrid format via zoom interface and in person in the CTI seminar room T 4.23 on 1 February 2024, from 13.00.

Presenter: Ertl Antal

Title: Loss Aversion in the Classroom: an experimental approach (with Barna Bakó, Éva Holb)

Abstract:    This paper investigates the impact of loss aversion framing on students’ test scores through a field experiment conducted in an economics course. Grounded in Prospect Theory, the study aims to elucidate how individuals respond to losses and gains in an academic environment using three treatments: giving points,  endowing students with a hundred percent score and subtracting points with wrong answers, and changing between giving and subtracting points. We find evidence that loss-framing increases study outcomes compared to simply getting points. We do not find evidence for heterogeneous gender-effects, and our hypothesis on the effect of loss-aversion diminishing over time is also not supported by our results.