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Discussion of the context the concept of risk
[Diskuse souvislostí pojmu riziko]

Author

Listed:
  • Jaroslav Daňhel
  • Eva Ducháčková
  • Jarmila Radová
  • Petra Tisová

Abstract

Today's modern society is technically and technologically advanced, but it must face increased vulnerability and volatility. In this context, it is important in economics to try to more effectively include the consequences of phenomena with ambiguous or uncertain results in decision-making processes. Therefore, it is necessary to conduct a discussion on the definition of the term risk, including the related concepts of uncertainty and uncertainty.

Suggested Citation

  • Jaroslav Daňhel & Eva Ducháčková & Jarmila Radová & Petra Tisová, 2024. "Discussion of the context the concept of risk [Diskuse souvislostí pojmu riziko]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2024(3), pages 38-44.
    • Handle: RePEc:prg:jnlcfu:v:2024:y:2024:i:3:id:605:p:38-44
    DOI: 10.18267/j.cfuc.605
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    More about this item

    Keywords

    Risk; Uncertainty; Predictability of world states; Riziko; Nejistota; Neurčitost; Predikovatelnost stavů světa;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies

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