NO.PZ2018091702000037
问题如下：
Jung concludes that Corbett’s dominant behavioral biases are loss aversion bias and overconfidence bias. In addition, he determines she has a low probability of outliving her assets due to her significant wealth and modest lifestyle.
Recommend, assuming Jung’s bias conclusion is correct, whether he should moderate or adapt to Corbett’s behavioral biases.
选项：
A.Adapt
B.Moderate
C.Neither
解释：
A is correct.
He should adapt to Corbett’s behavioral biases
Reason 1: Corbett’s dominant behavioral biases are emotional which are more difficult to moderate, correct, or educate. Thus, it would be more appropriate to adapt her portfolio to her biases.
Reason 2. Corbett has a high level of wealth relative to her level of spending (low standard of living risk). Adapting her portfolio to her biases would not materially increase the likelihood of outliving her assets. A deviation from the optimal or ideal portfolio can be allowed because greater downside risk or lower returns can be tolerated.
In addition, he determines she has a low probability of outliving her assets due to her significant wealth and modest lifestyle.这句话描述的是self control bias吗？
