Risk and Uncertainty in Information Society

Florentina Raluca Bilcan (), Ionut Adrian Ghibanu (), Ion Ionut Bratu () and George Adrian Bilcan ()

Academic Journal of Economic Studies, 2019, vol. 5, issue 4, 126-131

Abstract: Uncertainty and risk can be found anywhere, combined in different proportions, so that for any assumed conscious process that takes place in any field of activity, uncertainty cannot be eliminated. This article presents a series of general and specific problems that organizations in the current economic context may face in carrying out their activity, then finding solutions to optimize this activity through the risk minimization models. The results show that a number of tools and models that are currently being applied with great success in organizations have a potential that is still undesirable and could contribute to a greater extent to improving their performance and sustainability.

Keywords: Information society; risk; uncertainty; probability; confidentiality (search for similar items in EconPapers)
JEL-codes: D80 D81 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:khe:scajes:v:5:y:2019:i:4:p:126-131

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