A risk-preferring agent will

Name: A risk-preferring agent will
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A risk-preferring agent is someone who is willing to take on more risk for the possibility of a higher reward. As such, they would be more likely to accept a "fair gamble," which is a gamble or bet where the expected payoff is equal to the cost of participating. In other words, they would be willing to take a chance on something if the potential reward was worth the risk.

A Risk-Preferring Agent Will