Loss Aversion

We hate what we lose more than we love what we win.

This generalization of the human mind has been proven on a neurological level. Through evolution, our neurotransmitters have become wired so that the hatred of losing outweighs the love of winning. This was pivotal thousands of years ago in preserving our species. If dwelling in a cave, you must protect your very finite resources, which is far more important than risking limbs for another banana.

I find myself spending upwards of one hour each day rehabilitating my broken collarbone. I have physical therapy twice each week. Whatever exercises are assigned to me to complete at home are completed both in the morning and at night. I find myself obsessed with getting something back that I once had. The thought of losing complete mobility is unacceptable.

I do not think it’s the thought of winning anything that motivates me. I think it’s the fear of losing the complete mobility I once had in my right arm. I do feel confident that at some point, the mobility will return.

On my first day of physical therapy, my arm could not rise to a 90 degree angle. Currently it is comfortably rising to 145 degrees. So, it’s getting better. The difference isn’t tangible in days, but it is in weeks.

In truth, “100%” is a constantly changing target, which makes it difficult to gauge in the first place. Regardless of how well things heal, my 100% at age 37 will be different from my 100% at age 16. Biologically, I am different. My 100% at age 60 will likewise be different. It may not be better or worse: it will just yield different results.

A blizzard is creeping towards Saint Louis. With it, the temperature will be 0 F (-17 C). Winds will lash city concrete, brick, mortar, and metal at upwards of 30 mph (48 mph). With the windchill, it will be as cold as -25 F (-32 C).

My logical brain tells me to stay inside and avoid frostbite. My risk appetite makes me want to brave the streets and to take the risk, in order to prevent a loss of running fitness. The solution, maybe, is somewhere in the middle of two extremes.

Losing hurts, and I’ve lost many times in 37 years. I think of those losses still, though I don’t obsess over them. The past is already written after all, whereas the future is a blank page. For example, I almost won the NCAAs in 2008 in the 200 yard freestyle, but I was passed in the final yards. For many it was my defining race, something to cherish; after all, I was faster than American-record pace at the halfway mark. When my mind replays this race, though, it doesn’t think back on it as fondly: it searches for ways that I could have won. Loss aversion even affects memories. The blessing here is that I have always had a motivating memory to keep me moving.

I will continue to lose: it is a part of life. Losing is not dying though, as my continued existence has proven. Maybe it’s just a lesson to value what we still have and enjoy it. Maybe it’s a motivational tool to just keep going after a difficult loss. Losing often propels us forward.

If we don’t finish our first attempt at a marathon, for example, we’ll need something to get back up and reattempt the run. The hatred of having failed must be enough to make us want to try again.

And it’s always worthwhile to get back up.