Assessing Risk Assessment Towards Alternative Risk Measures for Complex Financial Systems
-
- Taschenbuch ausgewählt
- eBook
-
Sprache:Englisch
Fr. 112.00
inkl. gesetzl. MwSt.,
Beschreibung
Produktdetails
Einband
Taschenbuch
Erscheinungsdatum
06.12.2017
Abbildungen
XIV, 377 p. 36 illus.
Verlag
Springer Fachmedien Wiesbaden GmbHSeitenzahl
377
Maße (L/B/H)
21/14.8/2.2 cm
Gewicht
506 g
Auflage
1st ed. 2017
Sprache
Englisch
ISBN
978-3-658-20031-2
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.
Noch keine Bewertungen vorhanden
Verfassen Sie die erste Bewertung zu diesem Artikel
Helfen Sie anderen Kundinnen und Kunden durch Ihre Meinung.