Risk aversion is the preference for outcomes with lower uncertainty, even if they offer lower potential returns, where individuals or organizations prioritize stability and the avoidance of losses.

Authors

• Person: Not available Organization: CAUL
  Topic 2: The Risk and Return Trade Off in Financial Decision Making

Sources

• Topic 2: The Risk and Return Trade Off in Financial Decision Making oercollective.caul.edu.au CAUL via serper

Referenced by nodes (1)

• risk aversion concept