Expressing economic risk--review and presentation of a unifying approach.

  title={Expressing economic risk--review and presentation of a unifying approach.},
  author={Terje Aven and Espen Fyhn Nilsen and Thomas Nilsen},
  journal={Risk analysis : an official publication of the Society for Risk Analysis},
  volume={24 4},
Risk related to economic values is treated by many disciplines, including safety and production engineering, business, and project management. Within each of these and across these disciplines different nomenclature and principles are adopted for describing and communicating risk. The situation is rather confusing. In this article, we review various approaches and concepts that are used to express risk. We present and discuss a unifying approach for dealing with economic risk, with uncertainty… CONTINUE READING

From This Paper

Topics from this paper.
1 Citations
0 References
Similar Papers


Publications citing this paper.

Similar Papers

Loading similar papers…