A Wall Street trader-turned-neuroscientist reveals the biology of boom-and-bust cycles to explain the impact of risk taking on body chemistry, citing the relationship between testosterone, decision making, and emotional health.
A Wall Street trader-turned-neuroscientist reveals the biology of boom-and-bust cycles to explain the impact of risk taking on body chemistry, citing the relationship between testosterone, decision making, and emotional health.
Explains how the financial crisis has challenged fundamental assumptions about leading economic models, drawing on twenty-first-century technologies and the expertise of behavioral economists to outline new forecasting practices.
Explains how the financial crisis has challenged fundamental assumptions about leading economic models, drawing on twenty-first-century technologies and the expertise of behavioral economists to outline new forecasting practices. Like all of us, though few so visibly, Alan Gree…
Providing the foundations needed for managers who have to make decisions in an uncertain and risky environment, Business Risk Management brings together the fundamental ideas of utility theory and at the same time puts them alongside prospect theory which describes how people ac…
Since the mid-1990s risk management has expanded its reach and significance to become a benchmark of good governance for many public and private organisations. This book shows that the rise of risk management has much less to do with real dangers and opportunities than with orga…
"This book is about the pricing of liquidity. We present theory and evidence on how liquidity affects securities prices, why liquidity varies over time, how a drop in liquidity leads to a drop in prices, and why liquidity crises create liquidity spirals. The analysis has implica…
Enterprise Risk Management in Finance is a guide to measuring and managing Enterprise-wide risks in financial institutions. Financial institutions operate in a unique manner when compared to other businesses. They are, by the nature of their business, highly exposed to risk at e…
"You don't have to outrun the bear ... you just have to outrun the other guy. Often in business we only have to run a bit faster than our competitors to be successful. The same is true in risk management. While we would always like to anticipate and prevent risk from happening, …
"You don't have to outrun the bear ... you just have to outrun the other guy. Often in business we only have to run a bit faster than our competitors to be successful. The same is true in risk management. While we would always like to anticipate and prevent risk from happening, …