Which of the Following Is NOT a Good Description of the Phenomenon

Multiple Choice

Which of the following is NOT a good description of the phenomenon of Loss Aversion?

A) A risk neutral person will not accept any gamble that involves the possibility of a loss even if the expected value of the gamble (or even the expected utility) is positive.
B) The magnitude of value increase from a gain of a particular size is smaller than the magnitude of the value decrease from an equivalent loss.
C) The increase in value from a gain of a particular size is smaller than the increase in value from avoiding an equivalent loss.
D) People are risk seeking in losses and risk averse in gains.