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Author a Accepts a $5,000 Advance from a Publisher and a 10

question 113

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Author A accepts a $5,000 advance from a publisher and a 10% royalty after 5,000 books are sold. Author B foregoes the publisher's advance and negotiates for a 15% royalty on all books sold. Author C decides to self-publish his book and keep 100% of all sales revenue. In what order of risk aversion (from most to least) would you rank these authors?


Definitions:

Binge

The excessive indulgence in an activity or consumption, such as eating or drinking, over a short period of time.

Dependent Personality Disorder

A mental health condition characterized by a pervasive and excessive need to be taken care of, leading to submissive and clinging behaviors and fears of separation.

Reassurance

The act of removing someone's doubts or fears, often by providing comforting words or actions.

Feminist Therapy

A therapeutic approach that seeks to understand and treat psychological issues within the context of societal gender inequality.

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