Examlex
If the price of a firm's stock is overvalued, then the company may repurchase shares of their common stock.
Dissonance
A psychological conflict resulting from incongruous beliefs and attitudes held simultaneously.
Temporal Discounting
The tendency for people to value immediate rewards more highly than future rewards, often leading to impulsive decisions.
Risk Aversion
The tendency to prefer certainty over uncertainty, characterized by a preference for safe options over risky ones.
Certainty Effect
The psychological phenomenon where people tend to give greater weight to outcomes that are certain, compared to outcomes that are probable.
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