Sentences with phrase «loss efforts typically»

Not exact matches

Both are also very likely to fall prey to «loss aversion,» a key tenet of Prospect Theory, which tells us that humans typically respond to the loss of resources — be it time, effort, emotion, material goods or their proxy, i.e., money — more strongly than they react to a similar gain.

It finds in all cases that efforts to reduce vulnerability to losses, often called climate adaptation, have far greater potential effectiveness to reduce damage related to tropical cyclones than efforts to modulate the behaviour of storms through greenhouse gas emissions reduction policies, typically called climate mitigation and achieved through energy policies.