risk aversion
Definition
Investor attitude according to which the value (utility) of a sure chance (certain prospect) with a lower yield is considered higher than the utility of an unsure chance (uncertain prospect) with a higher yield.
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risk aversion is in the Decision Making, Problem Solving, & Strategy, Disaster Planning & Risk Management and Investing subjects.
risk aversion appears in the definitions of the following terms: capital asset pricing model (CAPM) and risk averse
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