|
Books > Social sciences > Politics & government > Central government > Central government policies
|
Buy Now
The Illusion of Control - Why Financial Crises Happen, and What We Can (and Can't) Do About It (Hardcover)
Loot Price: R564
Discovery Miles 5 640
You Save: R141
(20%)
|
|
|
The Illusion of Control - Why Financial Crises Happen, and What We Can (and Can't) Do About It (Hardcover)
 (sign in to rate)
List price R705
Loot Price R564
Discovery Miles 5 640
You Save R141 (20%)
Expected to ship within 5 - 10 working days
|
A challenge to the conventional wisdom surrounding financial risk,
providing insight into why easy solutions to control the financial
system are doomed to fail Finance plays a key role in the
prosperity of the modern world-but it also brings grave dangers. We
seek to manage those threats with a vast array of sophisticated
mathematical tools and techniques of financial risk management. Too
often, though, we fail to address the greatest risk-the peril posed
by our own behavior. Jon Danielsson argues that critical risk is
generated from within, through the interactions of individuals and
perpetuated by their beliefs, objectives, abilities, and
prejudices. He asserts that the widespread belief that risk
originates outside the financial system frustrates our ability to
measure and manage it, and the likely consequences of new
regulations will help alleviate small-scale risks but, perversely,
encourage excessive risk taking. Danielsson uses lessons from past
and recent crises to show that diversity is the best way to
safeguard our financial system.
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
(1)
(1)
