Český finanční a účetní časopis 2024(3):38-44 | DOI: 10.18267/j.cfuc.605

Discussion of the context the concept of risk

Jaroslav Daňhel, Eva Ducháčková, Jarmila Radová, Petra Tisová
Vysoká škola ekonomická v Praze, Fakulta financí a účetnictví,
katedra bankovnictví a pojišťovnictví, nám. W. Churchilla 4, 130 67 Praha 3

Today's modern society is technically and technologically advanced, but it must face increased vulnerability and volatility. In this context, it is important in economics to try to more effectively include the consequences of phenomena with ambiguous or uncertain results in decision-making processes. Therefore, it is necessary to conduct a discussion on the definition of the term risk, including the related concepts of uncertainty and uncertainty.

Keywords: Risk; Uncertainty; Predictability of world states
JEL classification: G21, G22

Received: December 5, 2024; Accepted: December 6, 2024; Published: December 31, 2024  Show citation

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Daňhel, J., Ducháčková, E., Radová, J., & Tisová, P. (2024). Discussion of the context the concept of risk. Czech Financial and Accounting Journal, 2024(3), 38-44. doi: 10.18267/j.cfuc.605
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