Sometimes when making a decision we exhibit risk aversion, which means that we make a decision that reflects a ____.
A) misunderstanding of the entire situation
B) desire to gamble in order to avoid loss
C) strong motivation to do the thing that will result in the greatest good for all concerned
D) concern over losing what we already have

Question

Quizplus · Accepted Answer

Risk aversion is the tendency to avoid taking risks, typically because we are concerned about losing what we already have. Therefore, the best choice is D, concern over losing what we already have.

Sometimes When Making a Decision We Exhibit Risk Aversion, Which