Detailansicht
Economics and Finance of Risk and of the Future
eBook - The Wiley Finance Series
ISBN/EAN: 9780470032824
Umbreit-Nr.: 3670384
Sprache:
Englisch
Umfang: 242 S., 1.79 MB
Format in cm:
Einband:
Keine Angabe
Erschienen am 14.06.2006
Auflage: 1/2006
E-Book
Format: PDF
DRM: Adobe DRM
- Zusatztext
- This book uses real-world examples to show how individual and collective risks can be blended and treated in a reliable decision-making framework that draws its inspiration from decision theory and market based mechanisms. It then goes into deeper detail by looking at the implications of having to face risks (a) where some kind of probabilistic description is available and (b) where none is available, using the example of insurable risks vs non-insurable risks. Again, by using real-world examples it shows how decision-makers can cope with such situations by a proper understanding and use of modern financial techniques.
- Autorenportrait
- Professor<b>ROBERT KAST</b> has a research position at LAMETA-CNRS, University of Montpellier (France) and has published papers and books in decision theory and financial market theory.<p><b>ANDRÉ LAPIED</b> is Professor of Economics at GREQAM, University Paul Cézanne in Aix-en-Provence (France) and has published papers and books in financial market theory and economic theory.</p><p>They work together in risk theory and have achieved several governmental investigations on applied problems. Some of them raise questions on risk management that are addressed in this book.</p>