Peter hesitates when it comes to picking an individual stock to purchase as he feels that he will later realize that a different stock would have been a better investment. Peter is suffering from:

Question

Quizplus · Accepted Answer

Peter's behavior is an example of regret aversion, which is the fear of making a decision that will lead to later regret. He is hesitant to choose a stock for fear of missing out on a better investment opportunity, which is a common behavior among regret-averse individuals.

Peter Hesitates When It Comes to Picking an Individual Stock