Loss Aversion Is Defined As

question 71

Multiple Choice

Loss aversion is defined as:

• A)the inability to mentally acknowledge a loss on a security.
• B)selling any security for less than the price paid to acquire it.
• C)selling a security as soon as it has increased significantly in value.
• D)the reluctance to sell a security after it has decreased in value.
• E)the tendency to quickly sell any investment that has decreased in value.

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Definitions:

Risky Behaviors

Actions that increase the likelihood of negative consequences, such as harm to physical health or legal problems, including smoking and excessive alcohol consumption.

Perceived Behavioral Control

Someone's assurance in their own skill to perform tasks needed for specific achievement levels.

Behavioral Willingness

A person’s motivation in a given situation to engage in a risky behavior, often as a reaction to social and situational pressures.

Physical Activity

Any bodily movement produced by skeletal muscles that requires energy expenditure, ranging from moderate to vigorous intensity, beneficial for health.