Stígðu inn í heim af óteljandi sögum
5
Viðskiptabækur
A clear understanding of what we know, don't know, and can't know should guide any reasonable approach to managing financial risk, yet the most widely used measure in finance today--Value at Risk, or VaR--reduces these risks to a single number, creating a false sense of security among risk managers, executives, and regulators. This book introduces a more realistic and holistic framework called KuU --the Known, the unknown, and the Unknowable--that enables one to conceptualize the different kinds of financial risks and design effective strategies for managing them. Bringing together contributions by leaders in finance and economics, this book pushes toward robustifying policies, portfolios, contracts, and organizations to a wide variety of KuU risks. Along the way, the strengths and limitations of "quantitative" risk management are revealed.
In addition to the editors, the contributors are Ashok Bardhan, Dan Borge, Charles N. Bralver, Riccardo Colacito, Robert H. Edelstein, Robert F. Engle, Charles A. E. Goodhart, Clive W. J. Granger, Paul R. Kleindorfer, Donald L. Kohn, Howard Kunreuther, Andrew Kuritzkes, Robert H. Litzenberger, Benoit B. Mandelbrot, David M. Modest, Alex Muermann, Mark V. Pauly, Til Schuermann, Kenneth E. Scott, Nassim Nicholas Taleb, and Richard J. Zeckhauser.
Introduces a new risk-management paradigm Features contributions by leaders in finance and economics Demonstrates how "killer risks" are often more economic than statistical, and crucially linked to incentives Shows how to invest and design policies amid financial uncertainty
© 2010 Princeton University Press (Rafbók): 9781400835287
Útgáfudagur
Rafbók: 19 april 2010
Merki
Hundruðir þúsunda raf- og hljóðbóka
Yfir 400 titlar frá Storytel Original
Barnvænt viðmót með Kids Mode
Vistaðu bækurnar fyrir ferðalögin
Besti valkosturinn fyrir einn notanda
1 aðgangur
Ótakmörkuð hlustun
Engin skuldbinding
Getur sagt upp hvenær sem er
Fyrir þau sem vilja deila sögum með fjölskyldu og vinum.
2-6 aðgangar
100 klst/mán fyrir hvern aðgang
Engin skuldbinding
Getur sagt upp hvenær sem er
2 aðgangar
3990 kr /á mánuðiÍslenska
Ísland