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Simplify the complex fraction.
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Risk Aversion
The behavior of preferring to avoid loss rather than making a gain, reflecting a preference for certainty over uncertainty.
Irrational Decision
A choice made that contradicts logical reasoning, often influenced by emotional factors or cognitive biases.
Status Quo Bias
The tendency to avoid making a decision.
Irrational Behavior
Actions or decisions that contradict logic or reasoning, often deviating from expected or standard behavior.
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