This isn’t psychology though, it’s economics. It’s one if the most utilized sciences in the public and political world, and it’s really horrible at predicting anything, at least if you look at the statistics of how rarely it’s right.

Loss aversion, and risk aversion as well, are themselves the economic pseudoscience that are based on the psychology of compulsive habits.

This article doesn’t really depict the research paper though. The author isn’t saying loss aversion isn’t real, just that it’s been over popularized in a way that isn’t founded in evidence. It also doesn’t address the other economic pseudoscience on the field, so you could quite literally write the opposite article as well.

Ironically when it was likey the media representation of “loss aversion” that broke the term to begin with.