1] no one is paid for business risk, because there is no correlation between risk and pay - risk means risk of losing money - there is big risk small returns, big risk big returns, small risk big returns, small risk small returns - no correlation
2] no one can be paid for risk - because a] there is no way of measuring [quantifying] risk, and b] no way of assigning a payment quantity per unit of risk
3] no one can be paid for risk, because, payment would alter the risk, requiring alteration of payment, etc
4] no one should be paid for risk, because it would increase the amount of risk taken
5] no one is paid for risk, because business people try to reduce risk
6] why pay for risk? - the businessperson is risking a sprat to catch a mackerel - it is his own affair, in his own interests - should we pay fishermen for risking losing their bait? - should we pay prospectors for risking wasting their time not finding minerals? -
2006-10-04
00:14:16
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2 answers
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asked by
Anonymous
in
Economics