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

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Scenario Planning in a Nutshell and its Role in Risk Management in Banking Forrester (1975: 48) or Rapoport (1953), somewhat exaggerated. Yet, “the proper impression emerges – the ‘art’ of the former is still better able to deal with decisions of great consequence than the ‘science’ of the latter” (Forrester, 1975: 48). The anthropomorphic desiderata of good and effective

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Book 2017ion 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

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ion-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..978-3-658-20031-2978-3-658-20032-9

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infelicitous