The tendency to hold onto losing stocks in the hope that they will recoup is called loss aversion.
Loss aversion is a cognitive bias that explains why the pain of loss has twice as much psychological impact as the joy of winning. Losing money or another valuable item can feel worse than gaining the same. This principle is prominent in the field of economics. What distinguishes loss aversion from risk aversion is that the utility of monetary rewards depends on what has been previously experienced or expected.
In the realm of behavioral choice, 'loss aversion' is a behavioral phenomenon in which individuals exhibit greater sensitivity to potential losses than gains. Conversely, “risk-averse” people have an increased sensitivity/aversion to options with uncertain outcomes.
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May and aztec is the anwser
The XYZ Affair was a diplomatic episode in 1798 that worsened relations between France and the United States and led to the undeclared Quasi-War of 1798. John Jay's Treaty of 1794 angered France, which was at war with Great Britain and interpreted the treaty as evidence of an Anglo-American alliance.
Answer:
deontological ethics
Explanation:
Deontological ethics -
It refers to morality theory , if the action is ethically right or wrong , rather than considering the outcomes of the action , is referred to as deontological ethics .
It is also known as deontology .
The rules according to ethics are taken under consideration , to if the activity is ethically correct or not .
Hence , from the information of the question ,
The correct answer is deontological ethics .
Answer:
Contract system
Explanation:
A contract system is used by many organizations in written form between two firms to an agreement to be carried out in the definition of work. In the context, according to the contract system, the private law firms are called for bidding for a fixed payment and for a specific period.
Thus he answer is --
Contract system.
