Managing Risk and Uncertainty: A Strategic Approach (MIT Press)
| Author | : | |
| Rating | : | 4.54 (963 Votes) |
| Asin | : | 0262528193 |
| Format Type | : | paperback |
| Number of Pages | : | 400 Pages |
| Publish Date | : | 2014-03-27 |
| Language | : | English |
DESCRIPTION:
Richard Friberg is Jacob Wallenberg Professor of Economics and Chairman of the Department of Economics at Stockholm School of Economics.
Topics include price-setting, real options and Monte Carlo techniques, organizational structure, and behavioral biases. Many chapters include exercises and appendixes with additional material. It takes as its premise that we make better decisions if we use the whole toolkit of economics and related fields to inform our decision making.The text explores the distinction between risk and uncertainty and covers standard models of decision making under risk as well as more recent work on decision making under uncertainty, wi
This book is a great read. It ties risk management and strategic decision Thomas Seiler This book is a great read. It ties risk management and strategic decision making to insights from economics, finance, management studies and accounting. This is done using a simple, but rich, theoretical framework. The example problems are well chosen and are quite relevant. If you have an interest in strategy or risk management, this book is a treasure.
Peterson Professor of Economics, Stanford Graduate School of Business) . (Lanier Benkard, Gregor G. Froot, André R. An extremely useful go-to book for thinking about financial risk and both operational and financial means of mitigating it. Jakurski Professor of Business Administration, Harvard Business School)Managing Risk and Uncertainty brings academic rigor to the topic of risk management in a way that is both approachable and thoroughly enjoyable to read. (Kenneth A. I highly recommend it for current and future managers interested in really learning about risk management