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" ... to avoid such risks altogether. This follows from the existence of the factor of caution. Where the coefficient of caution is abnormal, amounting to incaution, risks are not avoided, but are expressly sought, and the phenomena of gambling and indiscriminate... "
The Nature of Capital and Income - Pagina 288
di Irving Fisher - 1906 - 427 pagine
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Life Insurance

Lester William Zartman - 1909 - 434 pagine
...READINGS IN INSURANCE CHAPTER I ELIMINATION OF RISK * BUSINESS men try not only to estimate the risk which they must encounter and to adjust their accounts...the coefficient of caution is abnormal, amounting to mcaution, risks are not avoided, but are expressly sought, and the phenomena of gambling and indiscriminate...
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Insurance Science and Economics: A Practical Discussion of Present-day ...

Frederick Ludwig Hoffman - 1911 - 392 pagine
...the question of risk and its assumption in the investments of capitalists. In the words of Fisher: " Business men try not only to estimate the risks which...to adjust their accounts accordingly, but they also endeaver to avoid such risks altogether. This follows from the existence of the factor of caution....
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Insurance Science and Economics: A Practical Discussion of Present-day ...

Frederick Ludwig Hoffman - 1911 - 398 pagine
...the question of risk and its assumption in the investments of capitalists. In the words of Fisher: " Business men try not only to estimate the risks which...to adjust their accounts accordingly, but they also endeaver to avoid such risks altogether. This follows from the existence of the factor of caution....
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Course of Study for Brokerage, Stock Exchange, Investment Banking: Including ...

Robert Lincoln Smitley - 1923 - 266 pagine
...errors of human folly. Alphonse Courtois, fils, in TRAITE DES OPERATIONS DE BOURSE ET DE CHANGE. 11. Business men try not only to estimate the risks which...they also endeavor to avoid such risks altogether. There are five principal ways in which risks may be reduced, viz — a. By increasing guarantees for...
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Terrorversicherung, Risikomanagement und Regulierung

Christian Thomann - 2007 - 230 pagine
...ein angemessenes Risikomanagement und eine interne Revision zu sorgen. Vgl Wöhe, G. (2000), S. 193. „Business men try not only to estimate the risks...and to adjust their accounts accordingly, but they must also endeavour to avoid such risks altogether. This follows from the existence of the factor of...
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