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Matthew Reynolds
@matthewreynolds
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August 24, 2018
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matthewreynolds
money
2018-09-14 15:35
LOSS AVERSION WHEN FACED WITH RISK & REWARD
Loss aversion is a preference for a sure outcome over a gamble with higher or equal expected value. Conversely, the rejection of a sure thing in favour of a gamble of lower or equal expected value is known
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