risk aversion
noun1
Used other than figuratively or idiomatically: see risk, aversion.
2
Tendency of a decision-maker to prefer a certain payoff to one of greater expected value but more uncertainty.
noun — 2 senses
Used other than figuratively or idiomatically: see risk, aversion.
Tendency of a decision-maker to prefer a certain payoff to one of greater expected value but more uncertainty.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.
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