Specific elements of correlation between infomation and risk

Assoc. prof. Alexandru MANOLE PhD.
“Artifex” University of Bucharest
Emilia STANCIU PhD. Student
Alexandru URSACHE PhD. Student
Bucharest University of Economic Studies

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.

Keywords: information, risk

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Sumar RRS Supliment 1/2016