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.)

    “The married are those who have taken the terrible risk of intimacy and, having taken it, know life without intimacy to be impossible.”
    —Carolyn Heilbrun (b. 1926)

    “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)