TY - RPRT A1 - Linhard, Frank T1 - Formal and non-formal approaches to the notion of "Risk" : a historical perspective N2 - The paper will focus on the early texts of Galileo Galilei (1613~1623) and Daniel Bernoulli (1738) as examples of pure combinatorical analysis and perspectively considerations within the mathematical discipline of probability theory. It is argued that Bernoulli's approach needed to be developed further in order to achieve a successful and satisfactory theory of risk. In modern economy the need for a proper definition of a notion of risk is seen and currently discussed within the frame of ISO standards. But as already mentioned this interest is mainly owed to the governmental demands of the Basel II and Solvency standards and therefore an external demand. On the other hand an intrinsic understanding of the meaning of risk, as could be provided by a conclusive theory, could lead to a better success in modelling various risks and help to achieve better prognosis. KW - Risikotheorie KW - Wahrgenommenes Risiko KW - Relatives Risiko KW - Risikoanalyse KW - Entscheidung bei Risiko KW - Risiko KW - Galilei KW - Bernoulli KW - mathematische Beschreibung KW - Risiko KW - Galilei KW - Bernoulli KW - mathematical description Y1 - 2008 UR - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/6957 UR - https://nbn-resolving.org/urn:nbn:de:hebis:30-69892 ER -