Question

After Polly Shrum sells a stock, she avoids following it in the media. She is afraid that it may subsequently increase in price. What behavioral characteristic does Shrum have as the basis for her decision making?

A. Representativeness.B. Anchoring.C. Fear of regret.

Answer 1

C. Fear of regret.

Step-by-step explanation:

In the given situation, the fear of regret should be chosen as the investor is afraid and she regret about her decision for selling the stock in the case when the price of the stock rises

Therefore as per the given situation, the option C is correct

And, the other options are incorrect

The same is to be considered