risk

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Related to Risk Seeking: Risk neutral, Risk Lovers

risk

 [risk]
a danger or hazard; the probability of suffering harm.
attributable risk the amount or proportion of incidence of disease or death (or risk of disease or death) in individuals exposed to a specific risk factor that can be attributed to exposure to that factor; the difference in the risk for unexposed versus exposed individuals.
empiric risk the probability that a trait will occur or recur in a family based solely on experience rather than on knowledge of the causative mechanism. See also genetic risk.
genetic risk the probability that a trait will occur or recur in a family, based on knowledge of its genetic pattern of transmission. See also empiric risk.
relative risk for a disease, death, or other outcome, the ratio of the incidence rate among individuals with a given risk factor to the incidence rate among those without it.

risk

(risk), In idiomatic English one is at risk of, not for, a disease, injury, or other untoward event. Avoid redundant phrases such a possible risk and potential risk; an element of uncertainty is inherent in the meaning of the word.
The probability that an event will occur.

risk

(rĭsk)
n.
The possibility of suffering harm or loss; danger.

risk′er n.

risk

EBM
In clinical trials, a term referring to the possibility of harm or discomfort for study participants.

risk

Epidemiology The chance or likelihood that an undesirable event or effect will occur, as a result of use or nonuse, incidence, or influence of a chemical, physical, or biologic agent, especially during a stated period; the probability of developing a given disease over a specified time period. See Minimal risk Managed care The chance or possibility of loss. See Risk sharing Occupational medicine A value determined by the potential severity of the hazard and the frequency of exposure to the 'risky' substance or activity, usually understood to mean the probability of suffering from a particular disease Risk assessment The probability that something will cause injury, combined with the potential severity of that injury. See Absolute risk, Acceptable risk, Assigned risk, Attributable risk, Cancer risk, Cardiac risk, Dread risk, Hazard risk rating, High risk/high impact, Incremental risk, Lifetime risk, No significant risk, Nonattributable risk, Thick conception of risk, Thin conception of risk, Unknown risk.
Risks of disease
Infection
HBV  1:63,000
HCV 1:103,000
HIV 1:493,000
HTLV I/II 1:641,000
HAV  1:1,000,000
Other morbid conditions
MVA 1:6,700
Flood 1:450,000
Earthquake 1:600,000
Lightning 1:1,000,000

risk

(risk)
1. The probability that an event will occur.
2. The possibility of adverse consequences.

risk

(risk)
Probability that an event will occur.
References in periodicals archive ?
Overall, we find risk aversion for small probabilities and risk seeking for large probabilities, confirming the fourfold pattern of risk preferences.
A and C are risk seeking choices while B and D are risk averse options.
(142) Hence, people will tend to exhibit risk aversion when choosing among fair outcomes but risk seeking when facing unfair ones.
Interestingly, however, there was no difference in internal control assessments across subjects who were classified as risk averse or risk seeking. That is, risk averse auditors did not evaluate the internal control system as significantly more risky than risk seeking auditors when the internal control system was, in fact, more risky.
Five separate hypotheses (1-5) tested the relationship of each of the specific entrepreneurial behaviors (innovativeness, proactiveness, competitive aggressiveness, risk seeking, and autonomy, respectively) on performance.
This 6-item scale was designed specifically to measure risk seeking and aversion with regard to investment.
Dr Joy Bringer, sports psychologist at the Sports Council for Wales has pulled together the original research, published by the Physician and Sports Medicine Journal, to draw up personality profiles, looking at six key areas - sociability, spontaneity, motivation, aggression, competition, mental focus and risk seeking.
Risk managers must develop new models and tools that take into account the shortcomings of human rationality and biases that tend to outcomes that are overly risk averse or risk seeking. After all, we purport to be the experts on risk; if we don't understand how people react to risk when making big decisions, our credibility will surely suffer.
An investor with wealth at point B would be risk seeking, since he would gain more utility for an $X increase in wealth than he would lose utility for an $X decrease in wealth.
Denouncing widely accepted principles in favor of lifestyle changes especially tailored for optimum heart health, The Doctor's Heart Cure offers a refreshing counter-point view and is especially recommended for those with a heart at risk seeking to gather all the information they can on their own in addition to consulting with a physician in person.
Therefore, loss domains produce more risk seeking than gain domains, and decision makers who have suffered losses in the past are more likely to take bets that they would normally find unacceptable (Tversky and Kahneman 1981).
Utility functions are concave in the domain of gains (implying risk aversion) and convex in the domain of losses (implying risk seeking).