Extreme Risk Management Revolutionary Approaches to Evaluating and Measuring Risk is popular PDF and ePub book, written by Christina I. Ray in 2010-06-28, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Extreme Risk Management Revolutionary Approaches to Evaluating and Measuring Risk can be Read Online from any device for your convenience.
Extreme Risk Management Revolutionary Approaches to Evaluating and Measuring Risk Book PDF Summary
A revolutionary new approach for detecting and managing inherent risk The unprecedented turmoil in the financial markets turned the field of quantitative finance on its head and generated severe criticism of the statistical models used to manage risk and predict “black swan” events. Something very important had been lost when statistical representations replaced expert knowledge and statistics substituted for causation. Extreme Risk Management brings causation into the equation. The use of causal models in risk management, securities valuation, and portfolio management provides a real and much-needed alternative to the stochastic models used so far. Providing an alternative tool for risk modeling and scenario-building in stress-testing, this game-changing book uses causal models that help you: Evaluate risk with extraordinary accuracy Predict devastating worst-case scenarios Enhance transparency Facilitate better decision making TABLE OF CONTENTS Plausibility vs. Probability: Alternative World Views The Evolution of Modern Analytics Risk Management Metrics and Models The Future as Forecast: Assumptions Implicit in Stochastic Risk Measurement Models An Alternative Path to Actionable Intelligence Solutions: Moving Toward a Connectivist Approach An Introduction to Causality: Theory, Models, and Inference Risk Inference Networks: Estimating Vulnerability, Consequences, and Likelihood Securities Valuation, Risk Measurement, and Portfolio Management Using Causal Models Risk Fusion and Super Models: A Framework for Enterprise Risk Management Inferring Causality from Historical Market Behavior Sensemaking for Warnings: Reverse-Engineering Market Intelligence The United States as Enterprise: Implications for National Policy and Security
Detail Book of Extreme Risk Management Revolutionary Approaches to Evaluating and Measuring Risk PDF
- Author : Christina I. Ray
- Release : 28 June 2010
- Publisher : McGraw Hill Professional
- ISBN : 9780071759564
- Genre : Business & Economics
- Total Page : 300 pages
- Language : English
- PDF File Size : 12,5 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Extreme Risk Management Revolutionary Approaches to Evaluating and Measuring Risk by Christina I. Ray, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.