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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The factors courts use in determining whether the information is a trade secret in efforts to maintain trade confidentiality among, the amount invested to develop the information, and the value of the information to competitors.
A trade secret is any exercise or method of an agency this is commonly now not acknowledged outside of the enterprise. statistics taken into consideration an alternate secret gives the corporation a competitive advantage over its competitors and is often a product of inner research and development.
An exchange trade secret: is information that has both actual or capacity unbiased financial price by way of distinctive feature of not being normally regarded, has value to others who can not legitimately acquire the data, and. is a problem to affordable efforts to keep its secrecy.
An exchange trade secret can be included indefinitely so long as the key is commercially valuable, its fee derives from the reality that it is secret, and the owner takes reasonable precautions to hold its secrecy.
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The purpose of Humanism was to create a universal man whose person combined intellectual and physical excellence and who was capable of functioning honorably in virtually any situation.
The family in Ghana is experiencing a gradual shift from the traditional extended family type to the modern nuclear or conjugal form of family Addai-Sundial 1996 Buor 1996 Nukunya 2003.