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Keep doubling the risk tolerance until the company's best strategy is the same as with the EMV criterioncontinue with development and then market if successful.
Keep doubling the risk tolerance until the company's best strategy is the same as with the EMV criterion—continue with development and then market if successful. The risk tolerance must reach before the risk averse company acts the same as the EMV-maximizing company.
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Behavioral Finance Psychology Decision-Making and Markets
Authors: Lucy Ackert
1st edition
324661177, 978-0538752862, 538752866, 978-1111781675, 1111781672, 978-1133455486, 978-0324661170
