You can be averse to losing something of monetary value and take sensible precautions to avoid losing them, (don't leave your wallet unattended, don't walk thro

You can be averse to losing something of monetary value and take sensible precautions to avoid losing them, (don't leave your wallet unattended, don't walk through a bad part of Camden at night, etc) but home defense seems to be a classic case of loss aversion. "I'm terrified of someone stealing my $400 TV and $600 computer, so I'm going to spend hours and hours of time and lots of money on an alarm system, guns, reinforced doors, new locks, better windows, and a goddamn bubble from The Prisoner."