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what is loss aversion and is it real?

  • Written by: Brendan Markey-Towler, Researcher, The University of Queensland
what is loss aversion and is it real?You may still feel losing a wallet more than finding it.Shutterstock

A recent study claims a core idea in behavioural economics – loss aversion – is a fallacy. Loss aversion is the theory that the pain of losing something is greater than the pleasure we feel by gaining something equivalent.

Loss aversion forms the basis of a lot of...

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Babies need more than tummy time to strengthen necks and prevent flat heads

  • Written by: Elizabeth Williams, PhD Candidate, University of Melbourne
Babies need more than tummy time to strengthen necks and prevent flat headsTummy time is important for strengthening infants' necks, but it's not all they need. from www.shutterstock.com

Supervised, awake tummy time is recommended to facilitate a baby’s development and minimise flat head syndrome.

But some babies don’t like tummy time, and will kick up an almighty fuss to let you know.

Luckily, tummy time is...

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Energy policy and Turnbull's leadership plunge into debilitating uncertainty

  • Written by: Michelle Grattan, Professorial Fellow, University of Canberra

The most fraught day of his prime ministership has seen the implosion of one of Malcolm Turnbull’s key policy pledges – to deliver certainty on energy policy – that only weeks ago seemed on course.

As Turnbull threw everything at shoring up his leadership, business critics denounced the compromise he unveiled to appease rebellious...

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More Articles …

  1. Charles Blackman's poetic vision contained an undertone of dread
  2. Alcohol brewed from trees and other fermented drinks in Australia's Indigenous history
  3. a short history of Australia's aborted climate policies
  4. why do I get a headache when I haven't had my coffee?
  5. West of Sunshine's father-and-son story is endearing, but too short
  6. The gender gap in Australia’s hate speech laws
  7. Coalition slumps to 55-45 deficit in Ipsos, and large swing to federal Labor in Queensland
  8. different building designs could lessen future damage
  9. Malcolm Turnbull shelves emissions reduction target as leadership speculation mounts
  10. Superannuation trustees should find long-term assets for their pensioners
  11. Nicki Minaj flips the script on hip-hop hypermasculinity with her album Queen
  12. How 'bling' makes us human
  13. Technology hasn't killed public libraries – it's inspired them to transform and stay relevant
  14. Six things you should do when reading with your kids
  15. how the Islamic State honours its fallen soldiers – and how Australians do the same
  16. To keep patients safe in hospitals, the accreditation system needs an overhaul
  17. Can Australian streaming survive a fresh onslaught from overseas?
  18. View from The Hill – It's time for Turnbull to put his authority on the line
  19. Five questions about Nazi Germany and how it relates to Australian politics today
  20. Turnbull dumps emissions legislation to stop rebels crossing the floor
  21. What happened in the Bawa-Garba case and why was reinstating her the right decision?
  22. This is what policymakers can and can't do about low wage growth
  23. Michelle Grattan on the NEG showdown and a ray of parliamentary unity after Fraser Anning's racist speech
  24. when fire seasons start earlier and last longer
  25. Aretha Franklin and her community opened their doors and their hearts to me
  26. The majority of people who see poaching in marine parks say nothing
  27. where is the Great Australian Opera?
  28. Ten habits of people who lose weight and keep it off
  29. The successful techniques of scamming
  30. Tokyo's heatwave suggests risky temperatures for the 2020 Olympics. Here's what the city can do
  31. Turkey shows the economic pain of global democratic backsliding
  32. time for upgrades in the search for gravitational waves
  33. Malcolm Turnbull's NEG remains in snake-infested territory
  34. Australia has a long way to go on responsible gambling
  35. how modern comics preserve ancient myths
  36. The royal commission should result not only in new regulation, but new education
  37. A recipe for mummy preservation existed 1,500 years before the Pharaohs
  38. Research suggests bigger banks are worse for customers
  39. Coming out at work is not a one-off event
  40. my time translating Behrouz Boochani’s masterpiece
  41. is it possible to catch up on sleep?
  42. In the outrage over the Trump-Putin meeting, important questions were overlooked
  43. Aboriginal traditions describe the complex motions of planets, the 'wandering stars' of the sky
  44. Size isn't everything when it comes to the proposed UniSA-University of Adelaide merger
  45. Australia could house around 900,000 more migrants if we no longer let in tourists
  46. A ray of bipartisan good comes out of obscure senator's hate speech
  47. The world's 'most liveable city' title isn't a measure of the things most of us actually care about
  48. can sleeping too much lead to an early death?
  49. Why do we have tonsils?????
  50. How the moral lessons of To Kill a Mockingbird endure today

Business News

How Businesses Can Prepare for Unexpected Power Outages

Power failures can occur quickly. The supply may be interrupted by bad weather, issues with the electricity network, damaged equipment or local construction work. This can be just a hassle for a fam...

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How Chatswood Tutoring Can Fit Into a Student’s Weekly Routine

Create a Predictable Weekly Structure A consistent weekly routine can make study easier to manage when students are balancing several subjects. Chatswood tutoring can provide a fixed learning point a...

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The Rise of Digital Marketplaces in the Australian Trade Sector

For decades, the Australian trade and construction sector operated almost entirely on word-of-mouth recommendations and local community networks. Small business owners typically relied on local newspa...

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How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

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How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

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Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

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Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

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Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

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The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

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The Daily Magazine

GRC Consulting and Cyber Security Consulting for Businesses

Businesses face risks such as ransomware attacks, data breaches, violations of regulatory standards ...

How to Set a Budget Before Bidding at Auction

Placing a bid at an online art auction is an exciting way to discover rare paintings, home content...

Does a Modern James Bond Exist?

Image Credit: MysteryShot What the Movies Get Right About Private Investigators There are a few mov...

How Australian Businesses Can Effectively Manage Tax Audits and Disputes

Managing a small business in Australia is inherently challenging, but recent shifts in regulatory ...

From Coastal Calm to Classic Comfort: The Right Carpet for Every Style of Home

Carpet is often chosen near the end of a room makeover, after the walls, furniture, and lighting h...

How to Add a Heart to a Photo in Seconds

Visual storytelling has rapidly evolved in the digital age, transforming how we share our daily expe...

Why Small-Denomination Physical Gold is Becoming the Ultimate Defensive Asset

In a landscape of lingering macroeconomic uncertainty and rising domestic living costs, everyday i...

Why Your Feet Spread During Running and What That Means for Shoe Fit

The trainers felt brilliant in the shop. You walked around, bounced on your toes, checked the mirror...

How to Vet and Hire the Right Property Expert in the Australian Market

Navigating the Australian real estate market has become a highly strategic exercise. Recent nation...