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Behavioral Risk Management: Managing the Psychology That Drives Decisions and Influences Operational Risk
Hersh Shefrin
€ 92.71
€ 81.47
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Description for Behavioral Risk Management: Managing the Psychology That Drives Decisions and Influences Operational Risk
Hardback. This original book takes psychological research, experimental economics, and recent business scenarios to provide both students and practitioners with the insights to develop a strong risk management strategy. Shefrin draws on his previous research into characterizing organizational culture through the perspective of a process-pitfall lens. Num Pages: 544 pages, 70 figures, 34 tables. BIC Classification: JMH; KCK; KJMV1; KJU. Category: (P) Professional & Vocational. Dimension: 241 x 155 x 46. Weight in Grams: 454.
The psychological dimension of managing risk is of crucial importance, and its study has led to the identification of specific do's and don'ts. Those with an understanding of the psychology underlying risk and the skills to recognize its manifestation in practice, have the opportunity to develop frameworks that embody the do's and don'ts, thereby producing sound judgments and good decisions. Those lacking the understanding and the skills are destined to be more hit and miss in their approach to risk management, doing the don'ts and not doing the do's. Virtually every major risk management catastrophe in the last fifteen years ... Read more
The psychological dimension of managing risk is of crucial importance, and its study has led to the identification of specific do's and don'ts. Those with an understanding of the psychology underlying risk and the skills to recognize its manifestation in practice, have the opportunity to develop frameworks that embody the do's and don'ts, thereby producing sound judgments and good decisions. Those lacking the understanding and the skills are destined to be more hit and miss in their approach to risk management, doing the don'ts and not doing the do's. Virtually every major risk management catastrophe in the last fifteen years ... Read more
Product Details
Publisher
Palgrave Macmillan United Kingdom
Number of pages
544
Format
Hardback
Publication date
2016
Condition
New
Weight
741g
Number of Pages
518
Place of Publication
Basingstoke, United Kingdom
ISBN
9781137445605
SKU
V9781137445605
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-2
About Hersh Shefrin
Hersh Shefrin is the Mario L. Belotti Professor of Finance at Santa Clara University, USA. He is one of the pioneers in the behavioral approach to economics and finance. His book Beyond Greed and Fear provided the first comprehensive treatment of behavioral finance, and was written for practitioners as well as academics. In 2009, JP Morgan Chase placed it among ... Read more
Reviews for Behavioral Risk Management: Managing the Psychology That Drives Decisions and Influences Operational Risk
Behavioral Risk Management is a thought-provoking book that advances the behavioral finance literature by moving beyond the historical focus on asset pricing to examine operational risk within a number of institutions. The book effectively demonstrates that investment managers need to understand not only the quantitative tools, such as conditional value at risk, but also the psychology of risk management. ... Read more