SULJE VALIKKO

Englanninkielisten kirjojen poikkeusaikata... LUE LISÄÄ

avaa valikko

Gilles Beneplanc | Akateeminen Kirjakauppa

RISK MANAGEMENT IN TURBULENT TIMES

Risk Management in Turbulent Times
Gilles Beneplanc; Jean-Charles Rochet
Oxford University Press Inc (2011)
Kovakantinen kirja
89,30
Tuotetta lisätty
ostoskoriin kpl
Siirry koriin
Risk Management in Turbulent Times
89,30 €
Oxford University Press Inc
Sivumäärä: 224 sivua
Asu: Kovakantinen kirja
Julkaisuvuosi: 2011, 08.09.2011 (lisätietoa)
Kieli: Englanti
The subprime crisis has shown that the sophisticated risk management models used by banks and insurance companies had serious flaws. Some people even suggest that these models are completely useless. Others claim that the crisis was just an unpredictable accident that was largely amplified by the lack of expertise and even naivety of many investors. This book takes the middle view. It shows that these models have been designed for "tranquil times", when financial markets behave smoothly and efficiently. However, we are living in more and more "turbulent times": large risks materialize much more often than predicted by "normal" models, financial models periodically go through bubbles and crashes. Moreover, financial risks result from the decisions of economic actors who can have incentives to take excessive risks, especially when their remunerations are ill designed. The book provides a clear account of the fundamental hypotheses underlying the most popular models of risk management and show that these hypotheses are flawed. However it shows that simple models can still be useful, provided they are well understood and used with caution.

Tuotetta lisätty
ostoskoriin kpl
Siirry koriin
LISÄÄ OSTOSKORIIN
Tilaustuote | Arvioimme, että tuote lähetetään meiltä noin 4-5 viikossa | Tilaa jouluksi viimeistään 27.11.2024
Myymäläsaatavuus
Helsinki
Tapiola
Turku
Tampere
Risk Management in Turbulent Timeszoom
Näytä kaikki tuotetiedot
ISBN:
9780199774081
Sisäänkirjautuminen
Kirjaudu sisään
Rekisteröityminen
Oma tili
Omat tiedot
Omat tilaukset
Omat laskut
Lisätietoja
Asiakaspalvelu
Tietoa verkkokaupasta
Toimitusehdot
Tietosuojaseloste