Relative Risk Aversion

Famous quotes containing the words relative, risk and/or aversion:

    To revolt is a natural tendency of life. Even a worm turns against the foot that crushes it. In general, the vitality and relative dignity of an animal can be measured by the intensity of its instinct to revolt.
    Mikhail Bakunin (1814–1876)

    The effect of liberty to individuals is that they may do what they please: we ought to see what it will please them to do, before we risk congratulations.
    Edmund Burke (1729–1797)

    Our aversion to lying is commonly a secret ambition to make what we say considerable, and have every word received with a religious respect.
    François, Duc De La Rochefoucauld (1613–1680)