field of risk decision-making, especially for firms’ activity in the marketplace. …

English Abstract: Risk and uncertainty are among essentials concepts of the management science. During the time, the … solutions for the risk problems evolved from simple techniques to sophisticated methods. In this paper we approach the risk … management as a decision making process by which the optimal solution to the risk problem is adopted and implemented. We also …

scale while important decisions regarding investments in financial asset are taken under uncertainty conditions. Thus, the … paper emphasizes the debate of the source, the nature and the dimension of this uncertainty, present in all phases where … both fundamental and technical analysis, gives to the concept of reducing uncertainty an objective character. But still …

experimentaly based, contributes to diminushing the uncertainty degree that influences decision making process. As a conclusion, in …

Uncertainty is given because we don’t know the nature state event. The company can only estimate the demand of … pay all the damages. Because of the adverse selection, the insurer meets uncertainty in every day life. It is well known … the fact that persons who have a higher risk of producing the insured event, they also have a higher inclination towards …

hypothesis in the Romanian financial market case; 2) a critical distinction between the concept of "risk" and the concept of … "incertitude"; 3) the use of the individual yield/risk ratio versus the market one as a selection variable; 4) the renouncement at … disfunctions, there is a possibility to build an "optimal" portfolio based on a yield-risk arbitrage inside an efficiency frontier …

This paper presents the most known methods used for audit risk evaluation. The goal of audit is to express a competent …, suppliers etc). His opinion on the fairness of the financial statements it isn't an absolute guarantee. Because of uncertainty … it appears the risk that the auditor to give an opinion that does not correspond to the truth. In present there are a lot …