Implementasi Teori Pengambilan Keputusan Pada Manajemen Risiko di Industri Keuangan

Abstract

This paper explores the application of decision-making theories in risk management within the financial industry, focusing on the importance of theory-based approaches in managing uncertainty and potential losses faced by financial institutions. The study examines various decision-making theories, including Classical Decision Theory, Bounded Rationality Theory, Prospect Theory, and the MCDM (Multi-Criteria Decision Making) method. In this context, the paper reveals how financial institutions can leverage these theories to better understand risk behaviors, assess decision alternatives more objectively, and enhance financial resilience through more effective risk management. However, the paper also highlights the challenges faced in applying these theories, such as limitations in data quality, the influence of cognitive biases, and the constantly changing market uncertainty. The findings of this research suggest that the proper application of decision-making theories can help improve financial performance, reduce potential losses, and build long-term stability in the financial industry.