A person who is willing to take a bet with a negative expected value is risk-loving.

Name: A person who is willing to take a bet with a negative expected value is risk-loving.
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Question

Quizplus · Accepted Answer

A person who is willing to take a bet with a negative expected value is considered risk-loving because they prefer the possibility of winning a large amount despite the higher likelihood of losing, indicating a preference for risk over the mathematical expectation of gain.

A Person Who Is Willing to Take a Bet with a Negative