behavior quiz mental, promote, average, following, allocation

adehbone

which behaviour lbest leads to following decisions- promote diversification , low divergence from peer's average asset allocation if he is sensitive to peer comparisons?
A regret avoidance
B loss aversion
C mental accounting



Edited 1 time(s). Last edit at Saturday, May 28, 2011 at 01:00PM by goodman2011.

Iginla2011

regret avoidance, because the bias results in the desire to avoid the "regret" of divergence from peer's averages