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argument becomes defensible after the relationship between risk and uncertainty is understood, after the dynamic interaction of … politics of risk measurement and assessment, of compensation and prevention, and of management and resolution. After outlining … vertreten zu können, muss zunächst die Beziehung zwischen Risiko und Unsicherheit nachvollzogen sowie die dynamische Interaktion …
Persistent link: https://www.econbiz.de/10010980642
economics, where the tendency is to see theory and methods for rational decision-making under risk and uncertainty as well …-established and risk management tools as well developed, and to view the PP with some circumspection. Following a brief introduction … decision-making and risk management (here labeled ordinary risk management, ORM), identifying areas of incompleteness …
Persistent link: https://www.econbiz.de/10010990886
Our paper deals with aspects regarding risk and uncertainty.Using content analyze in this paper we survey the … disclosure level of risk management information in the annual report of top Romanian listed companies. …
Persistent link: https://www.econbiz.de/10010852161
It is widely accepted that risk is a constant of the human activity in general. From this perspective, the expansion of … business across country borders requires identification, assessment and brief analysis of the overall risk that operators would … face in a targeted national economy.Country risk is the one that shows in a general manner the international business risks …
Persistent link: https://www.econbiz.de/10009291534
It was marked out that the investors should be prepared for permanent changes of the forms in which the risk can …, unplanned) economical events. It is interesting to analyze in what measure one can talk about the risk management in the … and subsequently eradicate the risk that could emerge in the case of some direct foreign investments in Romania. …
Persistent link: https://www.econbiz.de/10010607233
defining the concept of risk uncertainty is persistently and constantly removing the emergence of two possible values. Risk … or probability of loss or separation of predictive of results to be obtained. In parallel, the uncertainty includes both … positive aspects as well as negative and for this reason cannot be confused with the risk. An uncertain event, which if they do …
Persistent link: https://www.econbiz.de/10010813858
This article summarises the development of risk management concepts and their applications in enterprise management …. Until the late 1970s the risk management in the firms had not exceeded the boundaries of the insurance of assumed risk … occasions. Later, the application of risk management in organizations was connected with functioning of the enterprise in risk …
Persistent link: https://www.econbiz.de/10005036570
This paper is devoted to risk management and risk measurement methods. The author considers methods of risk measurement … and proposes the Integral Sum of Diff erential Weighted Indexes of Risks (or ISDWIR) method of risk measurement. The … method is based on dynamic enterprise risk matrices. The matrix describes the changes of corporate risk values over the time …
Persistent link: https://www.econbiz.de/10010780738
approaches a synthetic manner both mathematical models of decision making under conditions of risk and uncertainty, as well as a … practical application of qualitative risk analysis in the insurance of goods domain. …
Persistent link: https://www.econbiz.de/10011066969
for economic decision and which are the limits of risk management strategies proposed for dealing with such uncertainty. …Entrepreneurial decision is always subject to a significant level of uncertainty. Uncertainty is related to human … economic decisions due to different forms of uncertainty associated to it. The paper highlights why uncertainty is important …
Persistent link: https://www.econbiz.de/10011082675