Regret aversion

问题如下：

Over the years, Chee regularly surveyed her clients to detect any behavioral biases in their investment decision-making processes.

She determined that her clients routinely exhibited the biases summarized in Exhibit 1 Chee Clients: Behavioral Biases

Client 1 and Client 2:

Rodriquez asks Client 1 and Client 2 to consider two equities, Uno Inc. and Deux Co., which each had purchased for their respective portfolios. The purchase price and current price are shown in Exhibit 2. Neither equity pays dividends.

Exhibit 2 Selected Equity Holdings (in USD)

Determine, assuming Chee’s bias assessments are correct, which action (buy additional shares, take no action, sell) each client will most likely choose for each of the following equities:

i. Uno Inc.

ii. Deux Co.

Justify each response.

Note: Consider each client (Client 1 and Client 2) and each equity independently.

解释：