The Known The Unknown And The Unknowable In Financial Risk Management

Download The Known The Unknown And The Unknowable In Financial Risk Management full books in PDF, epub, and Kindle. Read online free The Known The Unknown And The Unknowable In Financial Risk Management ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

The Known, the Unknown, and the Unknowable in Financial Risk Management

The Known, the Unknown, and the Unknowable in Financial Risk Management
Author :
Publisher : Princeton University Press
Total Pages : 392
Release :
ISBN-10 : 9780691128832
ISBN-13 : 0691128839
Rating : 4/5 (839 Downloads)

Book Synopsis The Known, the Unknown, and the Unknowable in Financial Risk Management by : Francis X. Diebold

Download or read book The Known, the Unknown, and the Unknowable in Financial Risk Management written by Francis X. Diebold and published by Princeton University Press. This book was released on 2010-05-09 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 K nown, the u nknown, and the U nknowable--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


The Known, the Unknown, and the Unknowable in Financial Risk Management Related Books

The Known, the Unknown, and the Unknowable in Financial Risk Management
Language: en
Pages: 392
Authors: Francis X. Diebold
Categories: Business & Economics
Type: BOOK - Published: 2010-05-09 - Publisher: Princeton University Press

DOWNLOAD EBOOK

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 meas
Financial Risk Management
Language: en
Pages: 578
Authors: Jimmy Skoglund
Categories: Business & Economics
Type: BOOK - Published: 2015-09-04 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

A global banking risk management guide geared toward the practitioner Financial Risk Management presents an in-depth look at banking risk on a global scale, inc
Investment Risk Management
Language: en
Pages: 709
Authors: Harold Kent Baker
Categories: Business & Economics
Type: BOOK - Published: 2015 - Publisher: Oxford University Press, USA

DOWNLOAD EBOOK

Investment Risk Management provides an overview of developments in risk management and a synthesis of research on the subject. The chapters examine ways to alte
Risk Management and Financial Institutions
Language: en
Pages: 832
Authors: John C. Hull
Categories: Business & Economics
Type: BOOK - Published: 2018-03-14 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

The most complete, up-to-date guide to risk management in finance Risk Management and Financial Institutions, Fifth Edition explains all aspects of financial ri
Regulating (From) the Inside
Language: en
Pages: 358
Authors: Iris H-Y Chiu
Categories: Law
Type: BOOK - Published: 2015-11-05 - Publisher: Bloomsbury Publishing

DOWNLOAD EBOOK

This book examines a key aspect of the post-financial crisis reform package in the EU and UK-the ratcheting up of internal control in banks and financial instit