Abstract Several papers have challenged the robustness of loss aversion, claiming that it is context-dependent and disappears for small stakes. These use a behavioral definition aversion may be confounded by diminishing sensitivity probability/event weighting under new version prospect theory (PT). We perform theory-based test controls these confounds. found significant both stakes high The ove...

Collective contests are examined permitting heterogeneity of stakes within every competing group. Our first concern is whether unequal distribution of stakes in a group can enhance its win probability. Our second concern is whether a large stake in a group can be individually disadvantageous. We find that if a contest is sufficiently “hard” for a group, the answers to these questions are positi...

The rising number of teenage mothers, especially in rural areas, has become a cause for concern Meghalaya. Young parents are unable to take up the responsibility that comes with parenthood and this leads several undesirable socio-emotional outcomes. A study was planned conducted Meghalaya understand causes consequences motherhood. In depth interviews identified respondents were carried out. dat...

In recent years blockchain consensus mechanisms based on Proof of Stake gained increasing attention as an alternative to Work, which requires high energy consumption. its original version hinges the idea that, for a user, likelihood confirm next block is positively related amount currency units held in wallet, and possibly also time length money has been unspent for. simple framework with risk ...