perspective of classical risk management, transformed uncertainty into predictable risk. Such linkages are utilized in many places …The outset for this thesis is the contemporary risk management concept of Enterprise Risk Management (ERM). ERM has for … life. The idea of managing or controlling risk is however not new. The development of statistics and the calculation of …

crisis. Within a partial investment model, two kinds of uncertainty are introduced: volatility and disaster risk. The article …Abstract: The impact of uncertainty on the decision-making of economic agents, such as firms and households, is a … strong increase in uncertainty that accompanied it, the theoretical analysis of this phenomenon has become more important …