Examlex
Which of the following optimizes the use of scarce resources?
Investors' Risk Aversion
Refers to the level of reluctance exhibited by investors to engage in investments with uncertain outcomes, preferring lower risk options.
Beta Coefficient
An index that gauges the degree of variability or specific risk associated with a security or portfolio in relation to the entire market.
Market Risk
The risk of losses in financial markets due to movements in market prices, affecting a wide range of assets uniformly.
Behavioural Finance
A field of study that combines psychological theories with conventional economics to explain why people make irrational financial decisions.
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