Behavior that is emotionally edgy, dangerous, exciting, hazardous, challenging, volatile, and potentially emotionally, socially, and financially costly—even life threatening—is best described

Risky Behavior

Explanation:

In any situation, we all are engaged with risky and unwise behavior, which is not rational, not acceptable. We might sometimes engage in gambling, antisocial behavior, that we know is statistically not acceptable. Why we do such type of behavior?. Maybe this behavior gives us a reward, or excitement and forgets problems of life for short a while. We sometimes think we will control our behavior, it's just a chill for a short period. Sometimes we feel sometimes taken drink is just a reward to forget our stress but later on, it becomes a habit and person gets addictive called alcohol abuse, shopaholic which creates a lot  of financial problem for a person.

answer; generalizability;