Examlex
Secondary education traditionally refers to _____.
Loss Aversion
A psychological phenomenon where individuals prefer avoiding losses to acquiring equivalent gains, indicating a greater sensitivity to losses than to gains.
Savings Increase
A rise in the amount of money set aside for future use, typically in a deposit account or investment vehicle.
Zero Percent Interest
Zero Percent Interest describes a financing or credit offer where no interest is charged on the principal amount for a specific period, typically used as a promotional strategy.
House Money Effect
The tendency of individuals to take higher risks when dealing with profits from previous bets or investments, as if playing with "house money."
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