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Titlebook: Assessing Risk Assessment; Towards Alternative Christian Hugo Hoffmann Book 2017 Springer Fachmedien Wiesbaden GmbH 2017 Risk Modeling.Sys

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期刊全称Assessing Risk Assessment
期刊简称Towards Alternative
影响因子2023Christian Hugo Hoffmann
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发行地址Publication in the field of economic sciences.Includes supplementary material:
图书封面Titlebook: Assessing Risk Assessment; Towards Alternative  Christian Hugo Hoffmann Book 2017 Springer Fachmedien Wiesbaden GmbH 2017 Risk Modeling.Sys
影响因子Christian Hugo Hoffmann undermines the citadel of risk assessment and management, arguing that classical probability theory is not an adequate foundation for modeling systemic and extreme risk in complex financial systems. He proposes a new class of models which focus on the knowledge dimension by precisely describing market participants’ own positions and their propensity to react to outside changes. The author closes his thesis by a synthetical reflection on methods and elaborates on the meaning of decision-making competency in a risk management context in banking. By choosing this poly-dimensional approach, the purpose of his work is to explore shortcomings of risk management approaches of financial institutions and to point out how they might be overcome..
Pindex Book 2017
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On the Relevance of Systemic Risks for Banksical evidence for systemic risk events (5.2.) by drawing on an illustrative case which will reappear in the course of this work. This chapter is essential, not only for contextualizing RQ1 as this study is interested in banks’, and primarily in-house, risk management approaches, but also for clarify
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Conclusion to Part Inking to its very foundations; it further serves the purpose of shaking risk management professionals out of a ‘dogmatic slumber’ (with regard to Part III). In a broader sense, it also illustrates the confusion (folly and nonsense) that can occur when a concept that belongs properly to one realm, na
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Introduction to Part IIon immense horizons, [that] arithmetical ratios were useless for any attempt at accuracy [and] even mathematics [in general, C.H.] should soon succumb” (Adams, 1918: 490, 496). They call for leaps to fundamental new ways of thinking and acting since, when trying to solve problems successfully, “[w]e
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