Examlex
__________ discourages a behavior by making an unpleasant consequent contingent on its occurrence.
Standard Deviation
A measure of the dispersion of a set of data from its mean, indicating how spread out the values in a data set are.
Indifference Curve
A graph showing different bundles of goods between which a consumer is indifferent, marking preferences of equal utility.
Risk-Averse
A characteristic describing an investor or decision-maker who prioritizes avoiding loss over making a gain, typically favoring safer investments.
Mean-Standard Deviation Graph
The mean-standard deviation graph is a visual representation used in finance to display expected returns (mean) of an investment against its risk (standard deviation).
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