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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C) maintaining the budget for the White House
Choctaw, creek, miccosukeee, apalachee, Timucua
Answer:
c
Explanation:
iron triangles and advocacy interest groups
This presents a challenge to global communication strategy.
It's no secret that linguists and philologists have tried to create an artificial language that would be spoken all over the globe so as to erase the boundaries between nations. However, countries such as China, which have a lot of languages and dialects, present a severe problem to such a strategy because people would have to give up on their own mother tongues in order to learn a new one they don't really need.
