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Questions related from Andre Ambrosio
Many authors refer to risk as the probability of loss multiplied by the amount of loss (in monetary terms). Is this right, or at least acceptable, as a definition of risk?
29 July 2013 2,641 28 View
Risk is a condition of the environment in which human action takes place. Nothing to do with probability. I think that we need to develop a concept of risk analogous to the concept of gravity....
18 March 2012 1,332 40 View
