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"Our definition of risk might be changing.
"Likely" in this context refers to the definition of risk used by the IPCC.
The key feature of this perspective is that uncertainty replaces probability in the definition of risk.
Among them are the definition of risk and the role of experts.
A new optimal portfolio selection model is proposed based on this new definition of risk.
The definition of risk acceptability is not technical but value driven.
In this paper we propose a new definition of risk for portfolio selection in fuzzy environment.
In fuzzy environment, variance is carried on as the definition of risk.
Abortion is legal in Ireland only if the woman's life is determined to be at risk, but the definition of risk is vague.
The lexical definition of risk is a "possibility of loss or injury", a "peril", or a "dangerous element or factor".
Utilizing a different perspective, this paper gives a new definition of risk for random fuzzy portfolio selection.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com