stochastic utility. In this article we reassume the von Neumann and Mongernstern explanation to this paradox based on the risk … situational risk seeking behaviour of players under the boundary of survival). …

The paper focuses on possibilities of the qualitative risk analysis of a project, which appears scarcely in literature … compared to the more sophisticated techniques of risk analysis, such as simulations. Identified are elementary processes of … risk analysis ranging from the risk identification to the determination of significance of a risk factor by means of …

and disadvantages. Further results and benefits of application of Monte Carlo simulation in risk analysis of investment …

are strengths and weaknesses of the tools, and application of Monte Carlo simulation in risk analysis of investment …