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Discussion of the context the concept of risk

Diskuse souvislostí pojmu riziko

Jaroslav Daňhel, Eva Ducháčková, Jarmila Radová and Petra Tisová

Český finanční a účetní časopis, 2024, vol. 2024, issue 3, 38-44

Abstract: Today's modern society is technically and technologically advanced, but it must face increased vulnerability and volatility. In this context, it is important in economics to try to more effectively include the consequences of phenomena with ambiguous or uncertain results in decision-making processes. Therefore, it is necessary to conduct a discussion on the definition of the term risk, including the related concepts of uncertainty and uncertainty.

Keywords: Risk; Uncertainty; Predictability of world states; Riziko; Nejistota; Neurčitost; Predikovatelnost stavů světa (search for similar items in EconPapers)
JEL-codes: G21 G22 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.18267/j.cfuc.605

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