Nikos has the opportunity to start his own business doing what he loves. However, to do this, he would have to liquidate all of his resources, including selling his home and emptying out his savings. In the end, however, he decides that he has too much to lose and sticks with his day job, which is less fulfilling but offers a sure thing. Nikos is making his decision based on ____.
A) temporal discounting
B) fear of success
C) learned helplessness
D) risk aversion

Question

Quizplus · Accepted Answer

Nikos is making a decision based on risk aversion. He is choosing the less risky option of sticking with his day job instead of risking everything to start his own business, despite it being more fulfilling.

Nikos Has the Opportunity to Start His Own Business Doing