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Tag Archives: Stock market
Risk Aversion vs Uncertain Outcomes
Risk aversion is a concept in economics of how people behave when they are exposed to uncertain outcomes. The concept of being risk averse is defined as the propensity to prefer an offer with an expected lower but more certain … Continue reading
Posted in Judgement and Decision making
Tagged Kahneman, Loss aversion, Risk aversion, Stock market, Tversky, Uncertainty
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