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Which of the following statements is true? Conventional economics and behavioral economics both assume that humans are risk-averse Prospect theory states that people make decisions
Which of the following statements is true? Conventional economics and behavioral economics both assume that humans are risk-averse Prospect theory states that people make decisions based on expected outcomes instead of potential value of losses and gains The biological part of the brain that controls thoughts and behaviors is the Central Limbic System 75% of investment managers consistently beat the marke
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