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  2. Escalation of commitment - Wikipedia

    en.wikipedia.org/wiki/Escalation_of_commitment

    In these instances, people take further risk in an attempt to avoid further problems. This is even more likely when subjects view current issues as having unstable reasoning rather than stable reasoning, or when the individual is unwilling to admit mistakes. [4] They then believe the situation will stabilize or turn around.

  3. Value-action gap - Wikipedia

    en.wikipedia.org/wiki/Value-action_gap

    Therefore, people are more aware of environmental issues, such as global warming or climate change and it is often reported that many people have a high concern for environmental issues. For example, Dunlap (2002) used survey data which states that 54% of Americans agreed environmental protection was a key priority, even if economic growth was ...

  4. Diffusion of innovations - Wikipedia

    en.wikipedia.org/wiki/Diffusion_of_innovations

    Innovators are willing to take risks, have the highest social status, have financial liquidity, are social and have closest contact to scientific sources and interaction with other innovators. Their risk tolerance allows them to adopt technologies that may ultimately fail. Financial resources help absorb these failures. [43] Early adopters

  5. Risk management - Wikipedia

    en.wikipedia.org/wiki/Risk_management

    As a professional role, a risk manager [8] will "oversee the organization's comprehensive insurance and risk management program, assessing and identifying risks that could impede the reputation, safety, security, or financial success of the organization", and then develop plans to minimize and / or mitigate any negative (financial) outcomes.

  6. Risk-seeking - Wikipedia

    en.wikipedia.org/wiki/Risk-seeking

    In accounting, finance, and economics, a risk-seeker or risk-lover is a person who has a preference for risk. While most investors are considered risk averse, one could view casino-goers as risk-seeking. A common example to explain risk-seeking behaviour is; If offered two choices; either $50 as a sure thing, or a 50% chance each of either $100 ...

  7. The FDA knew long ago that red dye No. 3 causes cancer. Why ...

    www.aol.com/news/fda-knew-long-ago-red-175039443...

    The agency's view is that the biological process through which the dye causes cancer in rats doesn't occur in people. "We don't believe there is a risk to humans,"Jim Jones, the FDA's deputy ...

  8. 7 Common Mistakes That Will Keep You From Retiring Wealthy - AOL

    www.aol.com/don-t-common-mistakes-want-221201365...

    More than one-third — 41% — of people don’t contribute any money to their 401(k) or employer-sponsored retirement plan, according to a 2023 CNBC Your Money Survey. If this sounds familiar ...

  9. Business risks - Wikipedia

    en.wikipedia.org/wiki/Business_risks

    Business risk implies uncertainty in profits or danger of loss and the events that could pose a risk due to some unforeseen events in future, which causes business to fail. [ 1 ] [ 2 ] [ 3 ] For example, a company may face different risks in production, risks due to irregular supply of raw materials , machinery breakdown, labor unrest, etc.