Article ID Journal Published Year Pages File Type
981454 Procedia Economics and Finance 2015 7 Pages PDF
Abstract

Risk is considered a phenomenological variable, which makes it interesting to investigate in terms of how people understand the term. However, if a risk is equated to a threat, it relates mainly to the uncertainty and variability of the results of specific actions. A prevention or mitigation system for possible effects of threat should be created by taking into account experience and the dynamics of the development of threats to safety at the international, regional, national and local levels. Such a system should be based on the rules of risk management in crisis situations.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics