AIT - Anticipatory affect and temporal differences in loss aversion

This study explores the effect of delay on participants’ preferences for mixed lotteries (involving gains and losses). Specifically, this study will measure people’s loss aversion for 50/50 mixed lotteries of three magnitudes (potential gains of: $100, $500, and $1000) with immediate and delayed (six months) resolution. We will investigate the effects of anticipated net affect and anticipated vividness of imagination on observed differences in loss aversion across time.