The tendency of investors to take greater risks after a large loss and fewer risks after a large gain can be attributed to
A) overconfidence.
B) the "house money" effect.
C) loss aversion.
D) representativeness.
Correct Answer:
Verified
Q27: Some behavioral characteristics cause investors to realize
Q41: Which of the following characteristics are referred
Q43: The efficient market hypothesis has some trouble
Q46: Evidence suggests that the price of a
Q47: Heather has the equivalent of one year's
Q50: Four "decision traps " identified by behavioral
Q52: Recent academic studies in behavioral finance confirm
Q53: The most important lesson investors can learn
Q56: Which of the following are common but
Q57: Jason has decided to sell his stock
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents