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Loss Aversion and Chess

Loss Aversion and Chess

Jun 11, 2014, 9:11 AM 0

Just a quick post: I highly recommend the book The Sports Gene by David Epstein, which explores nature vs. nurture and success in sports/competition.  One of the things he explores is "loss aversion," which is the idea that in any competitve activity, the pain of losing is a more intense emotion than the thrill of winning. In other words, we hate to lose more than we love to win. Epstein's book includes quite a bit of prose on chess and loss aversion.  An absolutely fascinating read...

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