|
Books > Earth & environment > The environment > Environmental impact of natural disasters & phenomena
|
Buy Now
Robust Simulation for Mega-Risks - The Path from Single-Solution to Competitive, Multi-Solution Methods for Mega-Risk Management (Paperback, Softcover reprint of the original 1st ed. 2015)
Loot Price: R2,009
Discovery Miles 20 090
|
|
|
Robust Simulation for Mega-Risks - The Path from Single-Solution to Competitive, Multi-Solution Methods for Mega-Risk Management (Paperback, Softcover reprint of the original 1st ed. 2015)
Expected to ship within 10 - 15 working days
|
This book introduces a new way of analyzing, measuring and thinking
about mega-risks, a "paradigm shift" that moves from
single-solutions to multiple competitive solutions and strategies.
"Robust simulation" is a statistical approach that demonstrates
future risk through simulation of a suite of possible answers. To
arrive at this point, the book systematically walks through the
historical statistical methods for evaluating risks. The first
chapters deal with three theories of probability and statistics
that have been dominant in the 20th century, along with key
mathematical issues and dilemmas. The book then introduces "robust
simulation" which solves the problem of measuring the stability of
simulated losses, incorporates outliers, and simulates future risk
through a suite of possible answers and stochastic modeling of
unknown variables. This book discusses various analytical methods
for utilizing divergent solutions in making pragmatic financial and
risk-mitigation decisions. The book emphasizes the importance of
flexibility and attempts to demonstrate that alternative credible
approaches are helpful and required in understanding a great many
phenomena.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
