Risk
From The Art and Popular Culture Encyclopedia
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The Dragon Slaying the Companions of Cadmus (1588) by by Goltzius
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Risk is the potential of losing something of value, weighed against the potential to gain something of value. Values (such as physical health, social status, emotional well being or financial wealth) can be gained or lost when taking risk resulting from a given action, activity and/or inaction, foreseen or unforeseen. Risk can also be defined as the intentional interaction with uncertainty. Risk perception is the subjective judgment people make about the severity of a risk, and may vary person to person. Any human endeavor carries some risk, but some are much riskier than others.
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See also
- Applied information economics
- Adventure
- Ambiguity
- Ambiguity aversion
- Benefit shortfall
- Cindynics
- Civil defense
- Countermeasure
- Country risk
- Cost overrun
- Credit risk
- Crisis
- Cultural Theory of risk
- Disaster
- Early case assessment
- Emergency
- Ergonomics
- Event chain methodology
- Financial risk
- Fuel price risk management
- Fuzzy-trace theory
- Global Risk Forum
- Hazard
- Hazard (risk)
- Hazard prevention
- Identity resolution
- Information Assurance
- Information Security
- Inherent risk
- Insurance industry
- Interest rate risk
- International Risk Governance Council
- IT risk
- ISO 31000
- ISO 28000
- Legal risk
- Life-critical system
- Liquidity risk
- List of books about risk
- Loss aversion
- Market risk
- Operational risk
- Optimism bias
- Political risk
- Preventive maintenance
- Preventive medicine
- Probabilistic risk assessment
- Reference class forecasting
- Reinvestment risk
- Reputational risk
- Risk analysis
- Risk aversion
- Risk factor (finance)
- Risk homeostasis
- Risk management
- Risk-neutral measure
- Risk perception
- Risk register
- Sampling risk
- Security risk
- Systemic risk
- Threat
- Uncertainty
- Value at risk
- Vulnerability
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