"beyond that it depends largely on the individual"
For philosophical purposes i'd like to imagine these two as equals, with the same extreme amount lost as the other has yet to lose.
"Come to think of it, the one who has nothing to lose is scarier simply from the consistency"
Consistency applies to both, as long as he still has something to lose that fire will be there.
"You can't reason with someone who has nothing, while someone who stands to lose something can be reasoned with through that."
You could by giving him what he's lost but that's beyond what I'm going to point out. I think if you're in direct conflict with someone who has that much on the line negotiation isnt an answer. He will come until he secures what is his. What I like to imagine in this case is the desperate measures a man will go through to get his family back. Considering the consistency(again for philosophic accuracy) is the same which is all possible.
I find the two as equals. They both have the ability to be unpredictable, limitless and persistent to the same degree if under the equivalent stakes of the other.
Edit: "I think if you're in direct conflict with someone who has that much on the line negotiation isnt an answer. He will come until he secures what is his. "
Of course you could just give him whats on the line, but that's not really negotiating. For the sake of concept itself I imagine what he has to lose can be bartered back to him.