In simple terms, risk is the possibility of something bad happening. [1] Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences. [2]

2012年3月1日 · This paper reviews the definition and meaning of the concept of risk. The review has a historical and development trend perspective, also covering recent years. It is questioned if, and to what extent, it is possible to identify some underlying patterns in the way risk has been, and is being understood today.

2010年2月1日 · This chapter reviews the definition of risk, and locates the concept in a family of related terms, including probability, danger, hazard, safety, and vulnerability.

In finance, risk is the probability that actual results will differ from expected results. In the Capital Asset Pricing Model (CAPM), risk is defined as the volatility of returns. The concept of “risk and return” is that riskier assets should have higher expected returns to compensate investors for the higher volatility and increased risk.

2010年1月1日 · The concept of risk is to be understood as a perspective to analyse the uncertain consequences of future developments and changes in societies. Risk is like a pair of “glasses” through which the modern world is looked at. The following sections will explain the approaches of how to conceptualize and understand risks.

2012年3月1日 · There is no agreed definition of the concept of risk. If we study the literature we find a number of different ways of understanding the risk concept. Some definitions are based on probability, chance or expected values, some on undesirable …

2021年11月26日 · Risk is defined as a deviation from expected value, making it inversely proportional to the ability to predict expected value. Risk is the probability of the actual result differing from the expected one, expressed as “variance” or “standard deviation”, to indicate the degree of dispersion of results.

1992年1月1日 · In the social sciences, risk is usually defined as the interaction of probabilities and consequences of a given situation (Aven, 2010). ... ... The concept of risk management originates from...

2023年8月18日 · In contemporary economic settings, risk is often defined as the probability of a negative outcome occurring due to unforeseen events. This can range from financial losses to broader societal impacts. At its core, risk is about uncertainty and the potential deviation from what is expected or desired.

2017年2月24日 · To overcome this, we need to understand what we mean when we ask ‘what is risk?’. This article lays out a concept for risk using the ISO definition – the effect of uncertainty on objectives.