The simple lives of the richest people
- Anna K.
- English
- MARKETS NEWS
- Hits: 2393
Wealth effect is a theory that when traders see high prices for the assets and when they tend to win, the spend more and more money for trading, supporting high prices for the assets.
Blocked currency is a currency that can’t be traded or exchange in the international exchange because of the controls and restrictions. This is the currency that is used for domestic purposes and can’t enter the equity market.
Regret theory is a theory that after a failed decision that calls for a following regret a person starts making the decision taking this regret into a consideration. Fear of regret can play a huge role in decision making process.