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Specific elements of correlation between infomation and risk

Alexandru Manole, Emilia Stanciu and Alexandru Ursache
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Alexandru Manole: “Artifex” University of Bucharest
Emilia Stanciu: Bucharest University of Economic Studies
Alexandru Ursache: Bucharest University of Economic Studies

Romanian Statistical Review Supplement, 2016, vol. 64, issue 1, 43-48

Abstract: The aspects regarding the correlation between information and risk have been object of scientific research for a log time. Many scientists have analysed it both from the qualitative and quantitative point of view. This article aims to present a general model of using information in risk prevention and emphasize the value of information for risk-aversion decision makers.

Keywords: information; risk (search for similar items in EconPapers)
Date: 2016
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