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Impactul globalizării asupra riscului şi incertitudinii în economie
[The impact of globalization on risk and uncertainty in the economy]

Author

Listed:
  • Achim, Marian Lucian

Abstract

Globalization is the integration between the countries and peoples of the world through which we realize, first, the considerable reduction in costs of transport and communications and, secondly, the artificial barriers that block the flow of goods, services, capital, knowledge, and to a smaller extent, people. Under the conditions of the actual existence of risk and uncertainty, the Fondamenta of decision will assume a deep knowledge and timely two media inside and outside, where economic agents conducted their business and streamline actions and human decisions consisting not only in risk avoidance and removal of uncertainty, but also in controlling risks and their consequences and in reducing the uncertainty and lack of determination to acceptable levels in given situations .

Suggested Citation

  • Achim, Marian Lucian, 2007. "Impactul globalizării asupra riscului şi incertitudinii în economie [The impact of globalization on risk and uncertainty in the economy]," MPRA Paper 27202, University Library of Munich, Germany, revised 2007.
  • Handle: RePEc:pra:mprapa:27202
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    File URL: https://mpra.ub.uni-muenchen.de/27202/1/MPRA_paper_27202.pdf
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    More about this item

    Keywords

    Risk; uncertain; decision;
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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