Relative Risk Aversion

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

    Excellence or virtue is a settled disposition of the mind that determines our choice of actions and emotions and consists essentially in observing the mean relative to us ... a mean between two vices, that which depends on excess and that which depends on defect.
    Aristotle (384–323 B.C.)

    When a man leaves his mistress, he runs the risk of being betrayed two or three times daily.
    Stendhal [Marie Henri Beyle] (1783–1842)

    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)