lopezarianna32 lopezarianna32
  • 21-04-2020
  • Mathematics
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What is one benefit and one limitation of loss aversion

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catherinat13
catherinat13 catherinat13
  • 21-04-2020

Answer:

"...loss aversion refers to people's tendency to prefer avoiding losses to acquiring equivalent gains: it is better to not lose $5 than to find $5."

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