Our model predicts that people will exhibit what we call the ..... effect: given bad or ambiguous news, they optimally choose to avoid collecting additional information, while given favorable news, individuals will seek out definitive information about the value of their portfolio. (*) onion (*) opposite (*) ostrich (*) outlaw
This is a companion discussion topic for the original entry at https://english.best/questions/8475,our-model-predicts-that-people-will-exhibit-what-we-call-the-___-effect-given-bad-or-ambiguous-news-they-optimally-choose-to-avoid-collecting-additional-information-while-given-favorable-news-individuals-will-seek-out-definitive-information-about-the-value-of-their-portfolio/