personal response to risk

Question 1

absolute risk

Answer 1

the uppermost limit of risk
eg. a novice climb on a difficult climb using no safety equipment

Question 2

real risk

Answer 2

The amount of risk that actually exists at a given moment
eg. a novice climber on a difficult climb using lots of safety equipment at a indoor venue has a low risk

Question 3

perceived risk

Answer 3

Individuals subjective assessment of the real risk present at any time.
eg. A novice climber on a difficult climb see the climb as a fairly risky activity