问题如下:
Market overreactions can be explained by an investors' degree of:
选项:
A.risk aversion.
B.loss aversion.
C.market confidence.
解释:
B is correct.
Behavioral theories of loss aversion can be used to explain market overreaction, for investors dislike losses more than comparable gains (i.e., risk is not symmetrical).
损失厌恶怎么体现涨过头会跌,跌过头会涨呢?