Criteria for Substantiating Decisions under Risk

Gabriela Piciu

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 1436-1439

Abstract: Exponential technological societal development was made possible trough risk-taking, and economic growth could not be realized if certainty was put prior to risk. The market economy has in its essence assuming some risks, that without them the activity of an economic agent under risk would be impossible.

Keywords: decision; risk management; intensity of the risk (search for similar items in EconPapers)
JEL-codes: G02 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:1:p:1436-1439

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