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The Relevance of Notions of Risk and Uncertainty in Investment Decision to Base at Local

Author

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  • Veronica Pasa Stignei

Abstract

Investing resources in the local public interest objectives locally involves taking risks caused by system operation and efficiency level established. Uncertainty and risk meet anywhere (even local government), combined in different proportions, so that the process has consciously assumed taking place in every field of activity, uncertainty can be eliminated.

Suggested Citation

  • Veronica Pasa Stignei, 2010. "The Relevance of Notions of Risk and Uncertainty in Investment Decision to Base at Local," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 15.
    • Handle: RePEc:bac:fsecub:10-15-28
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    More about this item

    Keywords

    public investment decision; investment risk; uncertainty;
    All these keywords.

    JEL classification:

    • H79 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Other

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