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Last Updated: August 19, 2026
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![CRITICAL THINKING - Cognitive Biases: Reference Dependence and Loss Aversion [HD]](https://i.ytimg.com/vi/LBNtChg4t4k/mqdefault.jpg)
![What is Loss Aversion [Definition and Example] - Guide to Cognitive Biases](https://i.ytimg.com/vi/vHeiumVOw7g/mqdefault.jpg)
