Article ID: | iaor2003511 |
Country: | China |
Volume: | 21 |
Issue: | 10 |
Start Page Number: | 1 |
End Page Number: | 8 |
Publication Date: | Oct 2001 |
Journal: | Systems Engineering Theory & Practice |
Authors: | Li Qiming, Shen Liyin |
This paper adopts an alternative approach to investigate risk behaviour through the investigation of risk characteristic. Following a review of risk characteristics, this study establishes the concept of risk attractiveness, risk constraints and a risk balance process. These conceptual developments lead this study to the establishment of a risk-behaviour decision-making model which integrates risk management techniques and risk behaviour.