Examlex
List and describe two default choices that you have for the replication scope.
House Money
Refers to the concept of playing with the profits from previous bets rather than one's own capital.
Irrational Behavior
Actions or decisions that are not based on logical reasoning, sound judgment, or align with standard economic theories or expectations.
Regret Aversion
A behavior in decision-making where individuals or entities tend to avoid actions that could potentially lead to regret in the future.
Sentiment-based Risk
The risk of making investment decisions based on market sentiment rather than fundamental analysis.
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