answersLogoWhite

0

Different people have different levels of risk aversion

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Best explain why some people consider it foolish to gamble while other people like to gamble?

Gambling involves too much risk for some people.


What best explains why some people consider it foolish to gamble while other people like to gamble?

Gambling involves too much risk for some people.


Why do people gamble all the time?

Most people gamble because they see gambling as a quick and easy way to make money.While the previous answer is correct, there is much more to it. Gambling can be very addictive. To some it is the thrill of "beating" the house or another player (poker). Some people gamble in casinos because they enjoy the interaction with other players, some people gamble because they want to be the one to hit the mega jackpots, and some people gamble because they are truly addicted to gambling. The worst thing that could happen to a person who makes a bet the first time is to win, it gives them the false sense of being a winner and that they can always win, thus they become addicted. People that gamble "all the time" are addicted to gambling and need help in overcoming their addiction.


Which two ideas about colonialism are most clearly expressed in the following excerpt?

The actions of the colonist are foolish and ineffective


What are foolish folks?

foolish people r people who just think about themself


How can you understand if she like others person?

Of course people like other people. It is arrogant and foolish to believe that you have to be the centre of someones universe. It is also childish.


Is Tb Joshua an antichrist?

foolish question, to be answered by foolish people


Why do people laugh at bihari?

People laugh because it is a mindset of people.People think that biharis are the inferior class and illiterate.There fore people in India consider whoever is doing something foolish to be Bihari.


How people make money?

They get a job. In a job the people do work and then are paid for their time and their product. Some people gamble to make money. Some people take it from others without doing a thing.


Who is the foolish man in the world?

It is not accurate or fair to pinpoint a specific person as the "foolish man in the world." People make mistakes, show poor judgment, or act foolishly at times, but it is important to consider the context and circumstances before passing judgment.


What do you think of an 18 year old watching only cartoons?

noMany people would consider it foolish for 18 years olds to watch only cartoons.


Why do people utter racial slurs?

Because in today's time, race isn't that big of an issue to most people (and it's foolish to consider it important). Thus people use it openly, mainly for jokes. There are other (rare) situations, however, where people do use it to hurt others. But that's less common in cities and more so in smaller towns and, again, foolish to actually take to heart. It all depends in what community you grow up in and the level of toleration said community has of said slur. A better question is, why do people curse and insult in the first place.