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Direct linkFox, Stuart A. – ProQuest LLC, 2012
An elusive and problematic theme of risk management has been managers' ability to effectively measure information technology (IT) risk in terms of degree of impact and probability of occurrence. The background of this problem delves deep into the rational understanding of probability, expected value, economic behavior, and subjective judgment.…
Descriptors: Risk Management, Information Technology, Context Effect, Heuristics
