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The failure of risk management : why it's broken and how to fix it / Douglas W. Hubbard

By: Hubbard, Douglas WMaterial type: TextTextPublication details: New Jersey : John Wiley & Sons, c2020 Edition: 2nd edDescription: xvii, 366 p. : ill. 24 cmISBN: 9781119522034Subject(s): Risk managementDDC classification: 658.155 HUB
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Holdings
Item type Current library Home library Call number Status Date due Barcode Item holds
English Lending English Lending Villa College QI Campus
Villa College Library
658.155 HUB (Browse shelf(Opens below)) Available 16651
English Lending English Lending Villa College QI Campus
Villa College Library
658.155 HUB (Browse shelf(Opens below)) Available 16652
Total holds: 0

Content

About the Author

Preface

Acknowledgments

Part One An Introduction To The Crisis

Healthy Skepticism for Risk Management

A Summary of the Current State of Risk Management

How Do We Know What Works?

Getting Started: A Simple Straw Man Quantitative Model

Part Two Why It’s Broken

The “Four Horsemen” of Risk Management: Some (Mostly) Sincere Attempts to Prevent an Apocalypse

An Ivory Tower of Babel: Fixing the Confusion about Risk

The Limits of Expert Knowledge: Why We Don’t Know What We Think We Know about Uncertainty

Worse Than Useless: The Most Popular Risk Assessment Method and Why It Doesn’t Work

Bears, Swans and Other Obstacles to Improved Risk Management

Where Even the Quants Go Wrong: Common and Fundamental Errors in Quantitative Models

Part Three How to Fix It

Starting with What Works

Improving the Model

The Risk Community: Intra- and Extra-organizational Issues of Risk Management

Index

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