Journal of Economic Theory selects paper of Peter Wakker as one of 50 most prominent papers
One of these selected papers is An index of loss aversion, written by research fellow Peter Wakker, Professor of Decisions under Uncertainty at the Erasmus School of Economics, together with Veronika Köbberling.
The paper introduces a convenient and widely used way to quantify loss aversion, a central new concept in modern behavioral economics. The Journal of Economic Theory is the most general-interest journal in formal economic theory. It is one of nine core journals in all of economics.