Assessing Risk Assessment: Towards Alternative Risk Measures for Complex Financial Systems - Tapa blanda

Hoffmann, Christian Hugo Hugo

 
9783658200312: Assessing Risk Assessment: Towards Alternative Risk Measures for Complex Financial Systems
Tapa blanda
ISBN 10: 3658200316 ISBN 13: 9783658200312
Editorial: Springer Gabler, 2017

Sinopsis

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.

"Sinopsis" puede pertenecer a otra edición de este libro.

Acerca del autor

Christian Hugo Hoffmann completed his doctoral studies at the University of St. Gallen and Yale University. He co-founded a financial risk management start-up which translates these theoretical results into practical impact.  

De la contraportada

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.

Contents
  • Concepts, Model Level and Risk Assessment
  • The Transition to the Decision Level, Risk Assessment and Management
  • In Search of a New Paradigm: The Third Way as a Road to Logic-Based Risk Modeling (LBR)
  • Meta Level: Thinking about Thinking and Practices What it Means to Reach Effective Risk Management Decisions

Target Groups
  • Researchers, academics, and students in the fields of finance and management
  • Risk professionals, consultants, analysts, politicians in the fields of economic and financial policy

The Author
Christian Hugo Hoffmann completed his doctoral studies at the University of St. Gallen and Yale University. He co-founded a financial risk management start-up which translates these theoretical results into practical impact.

"Sobre este título" puede pertenecer a otra edición de este libro.

Editorial
Springer Gabler
Año de publicación
2017
Idioma
Inglés
ISBN 10 
3658200316
ISBN 13 
9783658200312
Encuadernación
Tapa blanda
Número de edición
1
Número de páginas
392
Contacto del fabricante
no disponible
Persona responsable
ProductSafety@springernature.com
ProductSafety@springernature.com

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