- We will send in 10–14 business days.
/images/books/13226085/9783658200312.jpg)
- Author: Christian Hugo Hoffmann
- Publisher: Springer Gabler
- ISBN-10: 3658200316
- ISBN-13: 9783658200312
- Format: 14.8 x 21 x 2.1 cm, softcover
- Language: English
- SAVE -10% with code: EXTRA
Reviews
Description
Christian Hugo Hoffmann undermines the citadel of risk assessment and management, arguing that classical probability theory is not an adequate foundation for modeling systemic and extreme risk in complex financial systems. He proposes a new class of models which focus on the knowledge dimension by precisely describing market participants' own positions and their propensity to react to outside changes. The author closes his thesis by a synthetical reflection on methods and elaborates on the meaning of decision-making competency in a risk management context in banking. By choosing this poly-dimensional approach, the purpose of his work is to explore shortcomings of risk management approaches of financial institutions and to point out how they might be overcome.
EXTRA 10 % discount with code: EXTRA
The promotion ends in 20d.10:02:49
The discount code is valid when purchasing from 10 €. Discounts do not stack.
- Author: Christian Hugo Hoffmann
- Publisher: Springer Gabler
- ISBN-10: 3658200316
- ISBN-13: 9783658200312
- Format: 14.8 x 21 x 2.1 cm, softcover
- Language: English English
Christian Hugo Hoffmann undermines the citadel of risk assessment and management, arguing that classical probability theory is not an adequate foundation for modeling systemic and extreme risk in complex financial systems. He proposes a new class of models which focus on the knowledge dimension by precisely describing market participants' own positions and their propensity to react to outside changes. The author closes his thesis by a synthetical reflection on methods and elaborates on the meaning of decision-making competency in a risk management context in banking. By choosing this poly-dimensional approach, the purpose of his work is to explore shortcomings of risk management approaches of financial institutions and to point out how they might be overcome.
Reviews