Please use the utility function to explain what is risk aversion, risk preference and risk neutrality.

While in New York, Sara developed a __________ for oil painting. A: passion B: amateur C: tranquility D: aversion

Individual's<br/>risk aversion degree decides specific allocation between a risky<br/>portfolio and a risk-free asset. ( )

Some old people have an aversion to Rock and Roll because they can________ somuch noise. A: sustain B: entertain C: endure D: admire

All of the following are common personality characteristics of idea champions EXCEPT ________. A: extremely high self-confidence B: persistence C: energy D: risk aversion

This aversion to governing, to actually using the power _______ to them by the voters, only forces those voters to wonder whether these Democrats really want to win. A: granted B: presented C: entitled D: promised

Which concept is the description of "a decision maker would considers a risky investment only if it provides compensation for risk through a risky premium"about? A: the time value of money B: risk aversion C: EMH D: rational investors