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The failure of risk management : why it's broken and how to fix it

By: Hubbard, Douglas W, 1962-
Material type: BookPublisher: Newark : John Wiley & Sons, Incorporated, c2020.Edition: 2nd ed.Description: xvii, 366 p. : ill. ; 24 cm.ISBN: 9781119522034 Program: FIN959Subject(s): Risk managementDDC classification: 658.155 HU FA Online resources: Location Map
Summary:
"The Failure of Risk Management is about a serious problem in the business of risk analysis and how to fix it. Basic analysis methods are unused, or misapplied, in many major corporate and government decisions. This book shows how some of the most popular "risk analysis" methods are no better than astrology -they are not based on anything an actuary or statistician would recognize as sound, quantitative analysis. Businesses, governments, and the public have completely unrealistic perceptions of risk, currently. This book addresses proper risk methodology, to educate decision makers across industries. This new edition will include new examples citing recent events (e.g. hurricanes and data breaches), new statistical methods, and updated data"--
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Item type Home library Call number url Status Date due Barcode Item holds
REGULAR University of Wollongong in Dubai
Main Collection
658.155 HU TH (Browse shelf) link Available T0064728
Total holds: 0

Previous edition: 2009.

"The Failure of Risk Management is about a serious problem in the business of risk analysis and how to fix it. Basic analysis methods are unused, or misapplied, in many major corporate and government decisions. This book shows how some of the most popular "risk analysis" methods are no better than astrology -they are not based on anything an actuary or statistician would recognize as sound, quantitative analysis. Businesses, governments, and the public have completely unrealistic perceptions of risk, currently. This book addresses proper risk methodology, to educate decision makers across industries. This new edition will include new examples citing recent events (e.g. hurricanes and data breaches), new statistical methods, and updated data"--

FIN959

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