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Criteria for Substantiating Decisions under Risk

Author

Listed:
  • Piciu Gabriela Cornelia

    (Financial and Monetary Research Center „Victor Slãvescu”, Bucharest, Romania)

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.

Suggested Citation

  • Piciu Gabriela Cornelia, 2013. "Criteria for Substantiating Decisions under Risk," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1436-1439, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:1:p:1436-1439
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    More about this item

    Keywords

    decision; risk management; intensity of the risk;
    All these keywords.

    JEL classification:

    • G02 - Financial Economics - - General - - - Behavioral Finance: Underlying Principles

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