Allen, Ryan, and Prithwiraj Choudhury. "Algorithm-Augmented Work and Domain Experience: The Countervailing Forces of Ability and Aversion." Organization Science 33, no. 1 (January–February 2022): ...
This phenomenon reflects loss aversion, and Spencer mentions that this investing bias is normal. "Loss aversion is natural and affects everyone. People seek pleasure and want to avoid pain," he says.
The VIX, inferred from the prices of option on the stock exchange and known colloquially as the "fear index," is a widely-used proxy for global risk aversion and for markets' sensitivity to ...
Frustrated staffers point to a plodding management style and aversion to take the right kind of risk, particularly on the trading desk to support big corporate clients and their banking deals.