Risk in Control. On the Notion of Risk Function

  • Authors:
  • Tomasz Terlikowski

  • Affiliations:
  • Institute of Geophysics, ul. Ks. Janusza 64 pok.405, 01-452 Warszawa, Poland

  • Venue:
  • Fundamenta Informaticae
  • Year:
  • 2003

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Abstract

In this paper, we introduce the concept of risk in control. We pose ourselves and we try to answer the general question: what is risk function? The respective definitions using the necessary logical notions are formulated and analyzed with the aid of numerous examples. The reader will find all relevant notions in [14], [15], [16] and [17].