Main description: Rationally coping with situations with uncertain consequences is a matter of universal concern in modern societies. Here a critique of current paradigms of dealing with risk is the starting point for developing an ethics of risk that also takes into account ind…
"This volume addresses a concern of very high relevance and growing interest for large industries or environmentalists: risk and uncertainty in complex systems. It gives new insight on the peculiar mathematical challenges generated by recent industrial safety or environmental co…
"An eye-opening look at the ways we misjudge risk every day and a guide to making better decisions with our money, health, and personal lives. In the age of Big Data we often believe that our predictions about the future are better than ever before. But as risk expert Gerd Giger…
"An eye-opening look at the ways we misjudge risk every day and a guide to making better decisions with our money, health, and personal lives In the age of Big Data we often believe that our predictions about the future are better than ever before. But as risk expert Gerd Gigere…
Topics in this volume include how to think about risk and risk analysis, basic ideas and principles, economic risk, accident risk, how to assess uncertainties and specify problems.
"The book that applies behavioral finance to the real worldUnderstanding how to use behavioral finance theory in investing is a hot topic these days. Nobel laureate Daniel Kahneman has described financial advising as a prescriptive activity whose main objective should be to guid…
"The book that applies behavioral finance to the real worldUnderstanding how to use behavioral finance theory in investing is a hot topic these days. Nobel laureate Daniel Kahneman has described financial advising as a prescriptive activity whose main objective should be to guid…
"Nobel laureate Daniel Kahneman has described financial advising as a prescriptive activity whose main objective should be to guide investors to make decisions that serve their best interests. The reality? That's easier said than done. In the Second Edition of Behavioral Finance…
Choices, values, and frames