Andrea has been investing in stocks so she can accumulate sufficient money to purchase her own home. These savings are currently valued at $82,500. As recently as last month, her savings were worth in excess of $110,000. Today, Andrea found the perfect house. She knows she can withdraw her savings to pay on this house and borrow the remaining balance from her father at zero percent interest. However, Andrea is refusing now to buy any house until her savings increase in value back to their $110,000 previous valuation. Andrea is displaying which one of the following behaviors?

Group of answer choices

house money effect

loss aversion

underconfidence

confirmation bias