Difference between revisions of "Risk aversion"

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(Related coursework)
(Related coursework)
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*[[Enterprise]].  
 
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==Related coursework==
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==Related lectures==
 
*[[Individual Decisions Quarter]].  
 
*[[Individual Decisions Quarter]].  
  
 
[[Category: Septem Artes Administrativi]][[Category: Articles]]
 
[[Category: Septem Artes Administrativi]][[Category: Articles]]

Revision as of 15:07, 4 January 2019

Risk aversion is the tendency to prefer a sure gain of a moderate amount over a riskier outcome, even if the riskier outcome might have a higher expected payoff.


Definitions

According to Organizational Behavior by Robbins and Judge (17th edition),

Risk aversion. The tendency to prefer a sure gain of a moderate amount over a riskier outcome, even if the riskier outcome might have a higher expected payoff.

Related concepts

Related lectures