Risk

What is Risk Analysis and Risk Management?
What is Risk Analysis and Risk Management?

Understanding the essential steps of Risk Analysis and knowing how to apply them in Risk Management can be a make-it-or-break for a company. Read in this blog post more about how each of them works and how they complement each other.

A Quick Read on Prospect Theory and Loss Aversion
A Quick Read on Prospect Theory and Loss Aversion

For a consumer, economic decisions are based on certain types of behavior. Prospect Theory or the loss-aversion theory in behavioral economics and behavioral finance, aims to determine people’s decision making and their tendency for loss aversion.