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Loss aversion (concept)

Economics & Finance · Behavioral economics

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About this practice set

Loss aversion (concept) is a Economics & Finance quiz (Behavioral economics) with 5 multiple-choice questions. Pick an answer and read the explanation that follows.

What you will be asked

  • Loss aversion means losses feel:
  • Loss aversion can cause investors to:
  • The endowment effect means we value what we own:
  • Prospect theory explains decisions under:
  • Sunk-cost fallacy means: