Age-Related Differences in Loss Aversion: A Meta-Analysis

Given the importance of Loss Aversion in decision making across ages, a meta-analysis on 5 pooled datasets (n=1120) found a curvilinear U-shaped relationship (Age²; β=0.0005) with lower loss aversion around middle age (vertex = 50.98 years) which better accounts for age-related differences across the lifespan (15-93 years).