Under the risk aversion effect,investors who lose money are more reluctant to take risks.

Name: Under the risk aversion effect,investors who lose money are more reluctant to take risks.
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Quizplus · Accepted Answer

The risk aversion effect states that investors who lose money are more risk averse, meaning they are more reluctant to take risks. This is because losing money can be psychologically painful, and investors may be more hesitant to take future risks in order to avoid experiencing that pain again.

Under the Risk Aversion Effect,investors Who Lose Money Are More