Fear of public speaking is very common, but we know little about its implications for individuals and organizations. We establish aversion as an economically relevant preference using three steps. First, use laboratory classroom experiments to show that preferences in vary strongly across with many participants willing give up significant amounts money avoid giving a short presentation front au...

The influence of glutamate intake on growth and appetite, and the mechanisms of preference and aversion for monosodium L-glutamate (MSG) solutions were investigated in rats. Food intake, but not weight gain, was reduced significantly in rats fed a glutamate + glutamine (Glx)-deficient diet compared with those fed a control diet. Increase in the voluntary intake of Glx solutions was more rapid i...

Through conditioned food aversion learning, livestock can be trained to avoid eating harmful plants. The objectives of this study were to determine whether social facilitation will extinguish an aversion to larkspur (a poisonous plant on mountain rangelands) and to determine whether the aversion can be reinforced to withstand social facilitation in a group-feeding and field-grazing situation. T...

The standard contract theory adopts the traditional hypothesis of pure self-interest. However, a series of game experiments have proven that people are not any self-interest but also inequity averse. Then, how will the inequity aversion influence the optimal contract for multiple agents? This paper attempts to obtain new theoretical insights by incorporating inequity aversion into the standard ...

Theories of decision under risk that assume decreasing marginal utility of money have been critiqued with concavity calibration arguments. Since that critique uses varying payoffs and fixed probabilities, it cannot have implications for calibration of nonlinear probability transformation, which is another way to model risk aversion. The concavity calibration critique also has no implication for...