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Group Preparedness For Risk In The Environment Of Social Instability

Author

Listed:
  • NATALYA MIHEYEVA

    (Faculty social psychology Daugavpils University, Latvia)

Abstract

The author analyzes theoretical sources with the view of operationalization and systemization of the notions of risk as well as the notions that are connected to it. This article provides a detailed overview of the definition of risk and its components; it also identifies external and internal sources of uncertainty as one of the main components of risk situation. This article is seen as an attempt to analyze a risky situation and recognize whether the phenomenon of risk is the factor of organizational behaviour. And still there are relevant though unsolved theoretical and practical issues concerning the problem of individual psychological disposition to risk in connection with individual personal peculiarities and social conditions.

Suggested Citation

  • Natalya Miheyeva, 2010. "Group Preparedness For Risk In The Environment Of Social Instability," Perspectives of Innovation in Economics and Business (PIEB), Prague Development Center, vol. 6(3), pages 98-102, October.
    • Handle: RePEc:pdc:jrpieb:v:6:y:2010:i:3:p:98-102
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    References listed on IDEAS

    as
    1. Tversky, Amos & Kahneman, Daniel, 1992. "Advances in Prospect Theory: Cumulative Representation of Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 297-323, October.
    2. Herbert A. Simon, 1993. "Strategy and organizational evolution," Strategic Management Journal, Wiley Blackwell, vol. 14(S2), pages 131-142, December.
    3. Rottenstreich, Yuval & Kivetz, Ran, 2006. "On decision making without likelihood judgment," Organizational Behavior and Human Decision Processes, Elsevier, vol. 101(1), pages 74-88, September.
    4. Irma Bogenrieder & Bart Nooteboom, 2004. "The Emergence of Learning Communities: A Theoretical Analysis," Palgrave Macmillan Books, in: Haridimos Tsoukas & Nikolaos Mylonopoulos (ed.), Organizations as Knowledge Systems, chapter 2, pages 46-66, Palgrave Macmillan.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Risk; preparedness for risk; social instability; group; decision making.;
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

    Statistics

    Access and download statistics

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