What is true about individuals who are risk averse?

Risks And Diversification & Efficient Market Hypothesis MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

Risks And Diversification & Efficient Market Hypothesis

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Subject
Risks And Diversification & Efficient Market Hypothesiseconomics-mcqs › risks-and-diversification-efficient-market-hypothesis
Published
30 May 2019
Last updated
28 May 2026

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Explanation

Individuals who are risk averse exhibit all of these characteristics. They tend to dislike losses more intensely than they enjoy equivalent gains, meaning the pain of losing Rs 50 outweighs the pleasure of winning the same amount. This behavior reflects a utility function with diminishing marginal utility of wealth, confirming that all the statements are true.

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