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People Who Write Down When and Where They Will Carry

question 25

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People who write down when and where they will carry out their goal-striving behavior are more likely to actually attain their goals than people who set the same goal but do not write down how they will do it. The motivational construct that explains this effect is:


Definitions:

Personal Risk-Aversion

An individual's degree of unwillingness to accept uncertainty in investment outcomes or financial decisions.

Treynor-Black Model

A portfolio optimization model that blends a passively managed market portfolio with actively managed portfolios to achieve higher risk-adjusted returns.

Active Portfolio

An investment portfolio that is frequently adjusted or traded by managers in an attempt to outperform the market.

Dominant Strategy

A strategy that always provides a better outcome for a player, no matter what the other players do.

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