Abstract
The subject of the study is the theoretical and methodological problems of evaluating the level of economic risk inherent in business relations at the sectoral and regional levels. The study aims to create methods for evaluating risk levels in regional and sectoral economies. The aim is achieved through solving the problems of increasing unbiased expert assessment in terms of economic risk analysis, as well as advancing deterministic and stochastic methods for mathematical stimulation of risk management systems. The methodology of the study includes general theoretical and economical methods of abstract and logical, systematic and structural analysis and synthesis, expert assessment methods, and econometric methods. The author’s approach comprises a combination of the methods abovementioned in order to advance a complex method for evaluating the risk level in the region tested on the social and economic data of the Donetsk People’s and Luhansk People’s Republics, and the Kemerovo region. Improving the impartiality of the assessment of the economic risk level output indicator in the region substantiates the scientific novelty of the author’s approach. This resulted in a support system for decision-making in managing the business entity, sector, and territorial entity complexes.
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