(Answered) 1 explain asymmetric loss aversion2 why is it that we

Finance

1. Explain asymmetric loss aversion.

2. Why is it that we often think something is meaningful when it is only random?

3. What is the concept of nudging?

4. Give three reasons for the Financial Crisis and explain them fully.

5. What does a large credit spread imply about the economy? Briefly explain.

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