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The Doom Loop in the Financial Sector. and Other Black Holes of Risk.
William Leiss
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Description for The Doom Loop in the Financial Sector. and Other Black Holes of Risk.
Paperback. Reveals an underlying paradox of risk management: the better we become at assessing risks, the more we feel comfortable taking them. This title recommends international cooperation to manage black hole risks. Series: Critical Issues in Risk Management. Num Pages: 190 pages, Illustrations. BIC Classification: JHBC; KFF. Category: (P) Professional & Vocational. Dimension: 203 x 127 x 6. Weight in Grams: 223.
In the past two years, the world has experienced how unsound economic practices can disrupt global economic and social order. Today's volatile global financial situation highlights the importance of managing risk and the consequences of poor decision making. "The Doom Loop in the Financial Sector" reveals an underlying paradox of risk management: the better we become at assessing risks, the more we feel comfortable taking them. Using the current financial crisis as a case study, renowned risk expert William Leiss engages with the new concept of 'black hole risk' - risk so great that estimating the potential downsides is impossible. ... Read more
In the past two years, the world has experienced how unsound economic practices can disrupt global economic and social order. Today's volatile global financial situation highlights the importance of managing risk and the consequences of poor decision making. "The Doom Loop in the Financial Sector" reveals an underlying paradox of risk management: the better we become at assessing risks, the more we feel comfortable taking them. Using the current financial crisis as a case study, renowned risk expert William Leiss engages with the new concept of 'black hole risk' - risk so great that estimating the potential downsides is impossible. ... Read more
Product Details
Format
Paperback
Publication date
2010
Publisher
University of Ottawa Press Canada
Number of pages
190
Condition
New
Series
Critical Issues in Risk Management
Number of Pages
190
Place of Publication
Ottawa, Canada
ISBN
9780776607382
SKU
V9780776607382
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-3
About William Leiss
William Leiss has been a professor at seven Canadian universities: Simon Fraser, Calgary, Regina, York, Toronto, Queen's and Ottawa. He is the author or co-author of eight previous books, including Mad Cows and Mother's Milk (McGill-Queen's, 2004) and In the Chamber of Risks (McGill-Queen's, 2001). For the past twenty years he has been a frequent consultant to government agencies and ... Read more
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