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A study on the randomness of economics' system risk

Article Information:

Title:

A study on the randomness of economics' system risk

Author(s):

Liu Wei, Zhou Yuemei

Journal:

Kybernetes

Year:

2009

Volume:

38

Issue:

3/4

Page:

388 - 395


ISSN:

0368-492X


DOI:

10.1108/03684920910944083

Publisher:

Emerald Group Publishing Limited


Acknowledgements:

Liu Wei is supported by the National Sociality Foundation of China (105161003).

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Abstract:

Purpose – The purpose of this paper is to analyse the basic facts of trade risk with its manifestation and bring forward the basic mode quantitatively analyzing the risk in.

Design/methodology/approach – Quantity analysis, including regression analysis, analysis of variance and test of hypotheses were employed.

Findings – To complete the description, classification, certification and confirmation of risk mode.

Research limitations/implications – To describe and control the risk with the model to provide basis when building support system in today's society.

Practical implications – To build support system in today's society.

Originality/value – The method adopted in the paper includes the analysis of models and analysis of variance technology in multivariate statistics. The methods of analysis and approaches revealed in this paper could be broadly applied into all kinds of researches for such organization issue.

Keywords:

Cybernetics, Random variables, Risk analysis, Systems management


Article Type:

Technical paper


Article URL:

http://www.emeraldinsight.com/10.1108/03684920910944083

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