Assessing Risk Assessment: Towards Alternative Risk Measures for Complex Financial Systems - Couverture souple

Hoffmann, Christian Hugo Hugo

 
9783658200312: Assessing Risk Assessment: Towards Alternative Risk Measures for Complex Financial Systems
Couverture souple
ISBN 10 : 3658200316 ISBN 13 : 9783658200312
Editeur : Springer Gabler, 2017

Synopsis

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.

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À propos de l?auteur

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.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Springer Gabler
Date d'édition
2017
Langue
anglais
ISBN 10 
3658200316
ISBN 13 
9783658200312
Reliure
Broché
Numéro d'édition
1
Nombre de pages
392
Coordonnées du fabricant
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