Risk Aversion: Revision history

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23 April 2024

  • curprev 13:4113:41, 23 April 2024Ai talk contribs 3,771 bytes +3,771 Created page with "==Introduction== Risk aversion is a concept in economics, psychology, and finance that refers to the behavior of humans (especially consumers and investors), who, when exposed to uncertainty, attempt to lower that uncertainty. It is the reluctance of a person to accept a bargain with an uncertain payoff rather than another bargain with a more certain, but possibly lower, expected payoff. For example, a risk-averse investor might c..."