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Consumer Product Risk Assessment

2011
Product risk assessment is performed in order to assess the safety of products in relation to the consumer. According to the Technical University of Liberec, risk is a probability of accident occurrence and the possible consequences that might occur under certain circumstances or during a certain period (Duffey and Saull 2008).
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Producers, communicators and consumers of ‘risk’

Journal of Epidemiology and Community Health, 2010
There was a time when people did not resort to risk to understand or calculate their health condition; they simply lived, caught diseases and then, one day, they just died; or so it seems today. Even doctors—traditionally more aware of their personal casuistry than of the global context—did not pay much heed to statistical refinements.
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Measuring Consumer Risk-Return Tradeoffs

SSRN Electronic Journal, 2006
Consumer choice occurs over multiple products and services, each comprising multiple risks. In this paper, we present a new market research technique to measure consumers' preferences over large spaces of risks. We first describe the method, present its psychological and analytical motivation, and then report the results of empirical tests of ...
Daniel G. Goldstein   +2 more
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Consumer perception of risk

2001
Scientists and regulators are regularly baffled by public responses to risk, especially when the issue at stake seemed unproblematic or at least technocratically solvable as long as it was only discussed within the expert community. In terms of such polarizations, the 1970s were the age of dissent over nuclear power, while the 1990s saw the emergence ...
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Multivariate Risk Aversion and Consumer Choice

International Economic Review, 1990
This paper analyzes the effect of increases in risk aversion on a general consumer choice model with multiple sources of risk. Sufficient--and, in the two commodity case, necessary--conditions for a given demand function to increase (or decrease) with increased risk aversion are derived.
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Consumer Banking and Credit Risk [PDF]

open access: possibleEconomía Chilena, 2009
Following Jara and Oda (2007), we consider a group of Chilean banks specializing in consumer loans. Taking the dynamics of the group as a whole, we propose a credit risk model that is based on loan loss provisions. Using accounting ratios, we show that a model for this purpose is dynamic and highly non-linear.
Rodrigo Alfaro A.   +2 more
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Risk management and consumer safety

International Journal for Consumer and Product Safety, 1996
Risk assessment and risk management techniques are being developed in many fields as an aid to safety investment decision making. Already these techniques are having impacts upon aspects of consumer safety which overlap with other sectors where safety is important and where these methods are being applied.
David J. Ball, Geoffrey C. Goats
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Risks of Consumer Products

2017
Research on the various aspects of consumer product risk including severity of harm, risk assessment, risk management and compliance are at the core of academic research in the marketing and public policy field. An overview of the various product risks present in the marketplace and their subsequent effects on consumers is presented.
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Risk Communication for Consumer Products

2017
There are many ways that product manufacturers can communicate risk to consumers. The hazard control hierarchy describes the fundamental elements and appropriate methodology for implementation of research-supported concepts and provides effective techniques for risk communication.
Meriel L. Bench   +3 more
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Consumer Credit Risk and Pricing

Journal of Consumer Affairs, 2006
Previous academic studies viewed borrower rejection as a sign of market imperfections in the consumer credit markets, but this view was based upon the assumption that differences in the levels of borrower creditworthiness could not be accurately identified.
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