Lesson 2: Loss Aversion & the Pain of Losing
Duration of Days: 3
Lesson Objective
Analyze why losses feel more powerful than gains.
Why does losing money hurt more than gaining money feels good?
How does this affect everyday decisions?
D2.Eco.8.9-12
D2.Eco.9.9-12
Students examine real-world and personal scenarios to analyze how loss aversion shapes behavior, including risk-taking and avoidance.
DOK 3
Choice of scenario
Sentence stems
Small-group discussion
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Decision analysis task