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Business, 10.03.2020 20:20 cantuj723

According to research in the area of behavioral finance, the average risk-averse investor perceives his or her gains and losses differently; that is, the utility derived from a $1,000 gain is not equal to the disutility associated with a $1,000 loss. According to this research, risk-averse investors dislike or fear losses more than they enjoy gains.
True or False?

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