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Why do negative occurrences tend to have a greater impact on our psychological state than positive ones?
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Negativity Bias explains that things of generally negative nature have a greater impact on our psychological state than things which are generally positive – even when the negative and positive things are of equal proportions.

For instance, when presented with an opportunity to win $150 or lose$100, with equal probability, studies have found that many people choose not to take this opportunity because the risk of losing \$100 is too great – even though, in reality, expected return in this case is positive (the benefit should objectively outweigh the cost).
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