A risk avoider is a person for whom the utility of an outcome
A) decreases as the monetary value increases.
B) stays the same as monetary value increases.
C) increases at an increasing rate as the monetary value increases.
D) increases at a decreasing rate as monetary value increases.
E) None of the above
D
Business
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The type of bargaining process that operates from a zero-sum condition is ________ bargaining
A) collective B) target-point C) integrative D) distributive E) coalition
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If investors ________, we would assume that do not make systematic mistakes when forecasting exchange rates
A) have rational expectations B) have complete knowledge of all possible bid and ask quotes C) know that interest rate differentials provide information about the intensity of devaluations D) anticipate events that occur
Business