Risk Culture during the Last 2000 Years—From an Aleatory Society to the Illusion of Risk Control
The culture of risk is 2000 years old, although the term “risk” developed much later. The culture of merchants making decisions under uncertainty and taking the individual responsibility for the uncertain future started with the Roman “Aleatory Society”, continued with medieval sea merchants, who ma...
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| Format: | Article |
| Language: | English |
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MDPI AG
2017-12-01
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| Series: | International Journal of Financial Studies |
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| Online Access: | https://www.mdpi.com/2227-7072/5/4/31 |