👉 Spoondrift is a concept in the field of behavioral economics, particularly related to investment and financial markets. It refers to the phenomenon where individuals tend to invest more money into securities with higher risk or volatility, rather than those with lower risk or volatility, due to a belief that these investments are likely to provide better returns. This belief can be attributed to the concept of "risk aversion," which suggests that individuals are less willing to take risks when they perceive them as high, and more willing to
