Some sufficiently risk averse
decision makers, for instance, would not choose the apparently less risky alternative, self-protection.
Reference  proposes a dynamic pricing model based on the peak-end rule and reference price, where loss averse
consumers make a purchasing decision depending on the lowest price and the most recent price.
On the basis of Phase 1 survey responses, we place all Phase 1 participants into one of three categories: more ambiguity averse
(Table 1; 27%), not more ambiguity averse
(69%), and unable to classify (4%).
Firstly, we explore the case where the seller is risk averse
and consumers are forward looking.
I'M not averse
to buying the odd handbag myself but you know the world's gone barking mad when women are queuing up to pay pounds 23,500 for a Louis Vuitton handbag.
"Our members generally feel that while the industry is doing a better job of serving Hispanics, these homebuyers are still being penalized for being debt averse
rather than being rewarded for their consistency in meeting financial commitments even if it is in cash," said Felix De Herrera, chairman-elect for NAHREP.
Higgins is not averse
to a more relaxed stance, whereby saints are seen, not as miracle workers, or intercessors with special access to God, but as fellow companions on the Christian path who have struck a chord with us.
Particularly worthy here are his insights on "what's public about public education," his review of both the promise and the limits of school choice, and his formulation of a tough-love strategy for reforming institutions that are constitutionally averse
Most people are risk averse
and pay an amount greater than the expected value.
"Latin investors are more sophisticated and less risk averse
today," says Manuel Diaz, President and Manager, HSBC Private Bank International in Miami.
I am extremely averse
to any idea that could possibly lead to anything but wholehearted devotion to the Catholic school system.