basis?
it is called personal values. Your value of the consenquences of the risk, and your value on the possible risks.
Personal value is just that, personal. Your momma instilled many of them in your, but your life experiences played a significant part later.
Can you tell me where I might find the answer to this question.
In assessing risk to benefit, on what bases do you make the ultimate determination of how much risk is acceptable and how much benefit is necessary
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This question reminds me of a man I met years ago. He was a young Polish Jew during World War II. Taking great risks with his life, he escaped the Nazis. He explained that he was young, foolhardy, plus his family was dead. He believed he had nothing to lose by his courage and risk-taking.
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