Relative Risk Aversion

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

    Three elements go to make up an idea. The first is its intrinsic quality as a feeling. The second is the energy with which it affects other ideas, an energy which is infinite in the here-and-nowness of immediate sensation, finite and relative in the recency of the past. The third element is the tendency of an idea to bring along other ideas with it.
    Charles Sanders Peirce (1839–1914)

    It’s a funny thing, the less people have to live for, the less nerve they have to risk losing—nothing.
    Zora Neale Hurston (1891–1960)

    Our books are false by being fragmentary: their sentences are bon mots, and not parts of natural discourse; childish expressions of surprise or pleasure in nature; or, worse, owing a brief notoriety to their petulance, or aversion from the order of nature,—being some curiosity or oddity, designedly not in harmony with nature, and purposely framed to excite surprise, as jugglers do by concealing their means.
    Ralph Waldo Emerson (1803–1882)