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Keywords: Loss aversion
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Journal Articles
Journal of Defense Analytics and Logistics (2025) 9 (2): 151–160.
Published: 21 October 2025
...Ariel Nicomedes D. Torres; Ederson de los Trino Tapia Purpose This research examines the role of cognitive biases in defense acquisition decision-making within the Armed Forces of the Philippines (AFP). It focuses on five such biases – loss aversion, overconfidence, anchoring, confirmation bias...
