Entrepreneurial Decision Under Risk and Uncertainty
Cristian Paun ()
Management Dynamics in the Knowledge Economy Journal, 2013, vol. 1, issue 1, 111-125
Entrepreneurial decision is always subject to a significant level of uncertainty. Uncertainty is related to human nature and it is the most significant reason for economic action. This paper explains the most important challenges for economic decisions due to different forms of uncertainty associated to it. The paper highlights why uncertainty is important for economic decision and which are the limits of risk management strategies proposed for dealing with such uncertainty.
Keywords: uncertainty; risk; risk management; entrepreneurial decision; case and class probabilities (search for similar items in EconPapers)
References: View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:nup:jrmdke:v:1:y:2013:i:1:p:111-125
Access Statistics for this article
Management Dynamics in the Knowledge Economy Journal is currently edited by Contantin BRATIANU, Florina PINZARU and Alexandra ZBUCHEA
More articles in Management Dynamics in the Knowledge Economy Journal from College of Management, National University of Political Studies and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by Cristian-Mihai VIDU ().