Examlex
A natural monopoly can be regulated based on price, output, or profits.
Avoid Losses
A principle in behavioral finance and economics indicating people's tendency to prefer avoiding losses to acquiring equivalent gains, known as loss aversion.
Kahneman And Tversky
Psychologists noted for their work on the psychology of judgment and decision-making, as well as behavioral economics.
Risks
Potential events or actions that may cause loss or hinder achievement of objectives.
Probability Of Success
The likelihood of achieving a goal or completing a task successfully, often expressed as a percentage.
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