Friday, July 31, 2026
Science

People avoid loss, regret rather than rely on 'risk-return' financial strategy

People make financial choices to avoid losing money or experiencing regret, rather than simply balancing expected monetary returns with their tolerance for financial risk, according to a new study led by Lisa Posey, associate professor of risk management in the Penn State Smeal College of Business.

People avoid loss, regret rather than rely on 'risk-return' financial strategy
Image: Phys.org
People make financial choices to avoid losing money or experiencing regret, rather than simply balancing expected monetary returns with their tolerance for financial risk, according to a new study led by Lisa Posey, associate professor of risk management in the Penn State Smeal College of Business.

Originally published at Phys.org

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