Unrewarded risk: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing and category added) |
||
| Line 1: | Line 1: | ||
An unrewarded risk is one which is not associated with any benefit for the party accepting the risk. | An unrewarded risk is one which is not associated with any benefit for the party accepting the risk. | ||
So it is never rational - in terms of profit maximisation - to accept an unrewarded risk. | So it is never rational - in terms of profit maximisation - to accept an unrewarded risk. | ||
== See also == | == See also == | ||
* [[Rewarded risk]] | * [[Rewarded risk]] | ||
[[Category:Managing_Risk]] | |||
Revision as of 11:08, 14 August 2013
An unrewarded risk is one which is not associated with any benefit for the party accepting the risk.
So it is never rational - in terms of profit maximisation - to accept an unrewarded risk.
