Managing Risk and Uncertainty

This book PDF is perfect for those who love Business & Economics genre, written by Richard Friberg and published by MIT Press which was released on 13 November 2015 with total hardcover pages 395. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related Managing Risk and Uncertainty books below.

Managing Risk and Uncertainty
Managing Risk and Uncertainty
Author : Richard Friberg
File Size : 44,9 Mb
Publisher : MIT Press
Language : English
Release Date : 13 November 2015
ISBN : 9780262528191
Pages : 395 pages
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Managing Risk and Uncertainty by Richard Friberg Book PDF Summary

A comprehensive framework for assessing strategies for managing risk and uncertainty, integrating theory and practice and synthesizing insights from many fields. This book offers a framework for making decisions under risk and uncertainty. Synthesizing research from economics, finance, decision theory, management, and other fields, the book provides a set of tools and a way of thinking that determines the relative merits of different strategies. It takes as its premise that we make better decisions if we use the whole toolkit of economics and related fields to inform our decision making. The text explores the distinction between risk and uncertainty and covers standard models of decision making under risk as well as more recent work on decision making under uncertainty, with a particular focus on strategic interaction. It also examines the implications of incomplete markets for managing under uncertainty. It presents four core strategies: a benchmark strategy (proceeding as if risk and uncertainty were low), a financial hedging strategy (valuable if there is much risk), an operational hedging strategy (valuable for conditions of much uncertainty), and a flexible strategy (valuable if there is much risk and/or uncertainty). The book then examines various aspects of these strategies in greater depth, building on empirical work in several different fields. Topics include price-setting, real options and Monte Carlo techniques, organizational structure, and behavioral biases. Many chapters include exercises and appendixes with additional material. The book can be used in graduate or advanced undergraduate courses in risk management, as a guide for researchers, or as a reference for management practitioners.

Managing Risk and Uncertainty

Managing Risk and Uncertainty by Richard Friberg

A comprehensive framework for assessing strategies for managing risk and uncertainty, integrating theory and practice and synthesizing insights from many fields. This book offers a framework for making decisions under risk and uncertainty. Synthesizing research from economics, finance, decision theory, management, and other fields, the book provides a set of

Get Book
How to Manage Project Opportunity and Risk

How to Manage Project Opportunity and Risk by Stephen Ward,Chris Chapman

Since I wrote the Foreword for the second edition of this book, risk management processes have become much more widely used, but controversy about what should be done and how best to do it has grown. Managing risk is a risky business. Chapman and Ward provide an in-depth explanation of

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20 20 Foresight

20 20 Foresight by Hugh Courtney

In the midst of a changing economy, most executives continue to use a strategy toolkit designed for yesterday's more stable marketplace. As a result, strategies emerge that neither manage the risks nor take advantage of the opportunities that arise in highly uncertain times. Now, McKinsey shows strategists how to tailor

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How to Manage Project Opportunity and Risk

How to Manage Project Opportunity and Risk by Stephen Ward,Chris Chapman

Since I wrote the Foreword for the second edition of this book, risk management processes have become much more widely used, but controversy about what should be done and how best to do it has grown. Managing risk is a risky business. Chapman and Ward provide an in-depth explanation of

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Managing Project Risk and Uncertainty

Managing Project Risk and Uncertainty by Chris Chapman,Stephen Ward

This title confidently puts forward a practical, new approach to decision making in an uncertain business world. Many variables are accounted for and the authors are innovative in integrating previous types of decision-making approaches with a more fluid, and therefore realistic model that can be applied across a wide range

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Managing Project Uncertainty

Managing Project Uncertainty by David Cleden

Dealing effectively with uncertainty requires today's project manager to be familiar with a broad spectrum of strategies, encompassing both 'hard' and 'soft' methods. This theme of unified thinking (i.e. the need to selectively draw upon a wide range of strategies in any given situation) will differentiate the book from

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Managing Uncertainty Mitigating Risk

Managing Uncertainty Mitigating Risk by Nick Firoozye,Fauziah Ariff

Managing Uncertainty, Mitigating Risk proposes that financial risk management broaden its approach, maintaining quantification where possible, but incorporating uncertainty. The author shows that by using broad quantification techniques, and using reason as the guiding principle, practitioners can see a more holistic and complete picture.

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Uncertainty in Risk Assessment Risk Management and Decision Making

Uncertainty in Risk Assessment Risk Management and Decision Making by V.T. Covello,Lester B. Lave,Alan Moghissi,V.R.R. Uppuluri

The subject of this volume--uncertainties in risk assessment and management--reflects an important theme in health, safety, and environ mental decision making. MOst technological hazards are characterized by substantial uncertainty. Recent examples include nuclear waste disposal, acid rain, asbestos in schools, carcinogens in food, and hazardous waste. realing with such uncertainty

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