Specific elements of correlation between infomation and risk
Journal Title: Revista Romana de Statistica - Year 2016, Vol 64, Issue 1
Abstract
The aspects regarding the correlation between information and risk have been object of scientific research for a log time. Many scientists have analysed it both from the qualitative and quantitative point of view. This article aims to present a general model of using information in risk prevention and emphasize the value of information for risk-aversion decision makers.
Authors and Affiliations
Alexandru MANOLE, Emilia STANCIU
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