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PSYCHOLOGICAL ASPECTS OF RISK MANAGEMENT IN THE COMMERCIAL ORGANIZATION

Journal: Science Journal "NovaInfo" (Vol.1, No. 62)

Publication Date:

Authors : ;

Page : 367-371

Keywords : PSYCHOLOGICAL ASPECTS OF RISK; THE RISK OF FINANCIAL LOSSES; PROFIT; PROBABILITY; RISK ASSESSMENT;

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Abstract

The article deals with the psychological aspects of risk management. The work demonstrates that people tend to overestimate low probability of alternatives and underestimate high probability. It is concluded that the same risk people will strive to preserve their progress financial level than to its increase.

Last modified: 2017-09-20 17:41:20