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Any Form of Physical Evidence May Also Be Behavioral Under

question 23

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Any form of physical evidence may also be behavioral under the right circumstances.


Definitions:

Certainty Equivalents

The guaranteed amount of money that a person would accept instead of taking a chance on a higher, but uncertain, amount.

Zero Risk

A theoretical state in which an investment has no risk of financial loss, though practically unachievable in the real world.

Cash Flow Estimates

Forecasts of cash inflows and outflows anticipated for a business during a particular time frame.

NPVs

Net Present Values, plural; the calculation of multiple investments' profitability by discounting future cash flows to their present values and comparing them to the initial investment.

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