Who are risk-seekers in Gender Differences?

Asked on 31.10.2018 in All Questions.
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However, there are some certain individuals who loves taking risks and they’re described as risk seekers and their utility function tends to be convex. They are able to gain utility from approving an option even if the expected value is lower than the certain payment Mongin. Byrnes, Miller and Schafer, conducted one of the largest meta-analysis by comparing 150 distinct studies and classified 16 different types of risk taking. Out of the 16 types, 14...
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