RISK AS AN ECONOMIC AND CIVIL LAW CATEGORY


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Abstract

The purpose of this article is to identify approaches to the risk as an economic and civil law category. Findings. On the objective side, risk means the possibility of negative consequences, the situation of uncertainty in the final result of an activity, the perceived danger of property losses. On the subjective side, risk is the conscious choice by the subject of a particular behavior in a certain situation. One can speak about risk only in the case of the reality of the onset of several final variants. Objective risk - a category filled with negative content is not welcomed either in economics or in civil law. However, subjective risk in the economy is considered as a positive phenomenon, entailing a positive effect (stimulating innovation, the search for new solutions). This aspect of risk must be taken into account in the legal regulation of civil risk relations. Practical implications. The conclusions made by the author in this article can be used in educational, scientific, law enforcement activities. Originality/value of this article consists in the author's approach to the essence of risk as an economic and civil-legal category, the rationale for the need for special legal regulation of risk relations, taking into account both the positive and negative effects of risk.

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About the authors

Tatiana Fedorovna Darzhaeva

East Siberia State University of Technology and Management

Email: mtf83@mail.ru
PhD at Law. Position: Associate professor. Department: Civil law and process chair.

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