Traditional And Alternative Approaches To Quantify The Risk For Business
Anca Jarmila Guţă () and
Gabriela Corina Slusariuc ()
Additional contact information
Anca Jarmila Guţă: University of Petroşani, Romania
Gabriela Corina Slusariuc: University of Petroşani, Romania
Annals of the University of Petrosani, Economics, 2010, vol. 10, issue 2, 149-156
Abstract:
The paper proposes to present the approaches modalities of the risk to which an investor is subjected in various situations during the development of its business. The risk description is based on the idea of quantifying the probability of occurrence and severity of the event the reason for which in the approach of business risk is necessary to treat the probability distributions in the occurence of risk and their construction methods. Paper also highlights how the work of measuring risk can be realized during the development of a business.
Keywords: risk for business; probability distributions; occurrence of risk; development of a business; types of risk; main types of loss; types of probability distributions; methods of measuring risk (search for similar items in EconPapers)
JEL-codes: D81 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:
Downloads: (external link)
http://upet.ro/annals/economics/pdf/2010/20100214.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:10:y:2010:i:2:p:149-156
Access Statistics for this article
More articles in Annals of the University of Petrosani, Economics from University of Petrosani, Romania
Bibliographic data for series maintained by Imola Driga ().