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Question 21 - CTFA discussion

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Carrie has a 'certainty equivalent' to a risky gamble's expected value that is less than the gamble's expected value. Carrie shows:

A.
Risk aversion
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A.
Risk aversion
B.
Risk preference
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B.
Risk preference
C.
Risk indifference
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C.
Risk indifference
D.
A strange outlook on life
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D.
A strange outlook on life
Suggested answer: A
asked 16/09/2024
Ervin Loong
45 questions
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