riskitaluvuse
Riskitaluvuse is a theoretical construct in decision science and risk management that describes how individuals assign value to risky outcomes by integrating probability, potential loss or gain, and the perceived emotional significance of the outcome. It emphasizes that utility is not purely monetary or probabilistic but also affective and contextual.
The term was introduced in a 2018 interdisciplinary workshop on behavioral risk assessment held at the Institute
Its core components include risk magnitude (the potential gain or loss), probability, time horizon, and affective
Researchers studying riskitaluvuse use mixed methods, combining quantitative risk questionnaires with qualitative interviews to assess how
Applications appear in risk communication, consumer finance, and health decision making. Critics note that riskitaluvuse is