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.
Learn more about stocks here: brainly.com/question/690070
#SPJ4
Because people from that generation does not tolerate the minority and they believe in stereotypes.
Columbus <span>was an Italian explorer, navigator, colonizer, and citizen of the Republic of Genoa
Columbus in Chinese is </span><span>Gēlúnbù</span>
This is a map of the thirteen colonies....
The answer is COUNTY GOVERNMENT IN TEXAS. County governments
are the primary form of government for rural areas. The main duties of county
government include the construction and maintenance of roads and bridges within
each county precinct, law enforcement, dispute resolution, record-keeping, and
social services. There were also 3,373
special-purpose governments, including 1,082 public school systems and 2,291
special districts.
