IDEAS home Printed from https://ideas.repec.org/a/ddj/fserec/y2021p443-449.html
   My bibliography  Save this article

Decisions under Risk and Uncertainty

Author

Listed:
  • Sbughea Corina

    (Dunarea de Jos University of Galati, Romania)

  • Aldea Anamaria

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Decision-making processes, like most economic processes, are influenced by a variety of factors, more or less known. The level of knowledge, but also the behavioral profile of the decision makers determines, to a large extent, their directions of action. This paper aims to synthesize the most important rules and decision principles, proposed over time for situations of risk and uncertainty, and illustrate them with a practical example.

Suggested Citation

  • Sbughea Corina & Aldea Anamaria, 2021. "Decisions under Risk and Uncertainty," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 443-449.
    • Handle: RePEc:ddj:fserec:y:2021:p:443-449
    as

    Download full text from publisher

    File URL: http://www.rce.feaa.ugal.ro/images/stories/RCE2021/SbugheaAldea.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ddj:fserec:y:2021:p:443-449. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gianina Mihai (email available below). General contact details of provider: https://edirc.repec.org/data/fegalro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.