After Polly Shrum sells a stock, she avoids following it in the media. She is afraid that

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After Polly Shrum sells a stock, she avoids following it in the media. She is afraid that it may subsequently increase in price. Which behavioral characteristic is the basis for Shrum’s decision making?

a. Fear of regret.

b. Representativeness.

c. Mental accounting.

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Investments

ISBN: 9781259277177

11th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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