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

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Microbiological Aspects of Frozen Foods,me more important than preciseness, efficiency and optimization under conditions of .olatility, .ncertainty, .omplexity, and .mbiguity that characterize our world, a so-named “VUCA world” (Bennett & Lemoine, 2014; Kleindorfer, 2010: 185; see Chapter 6 for a deeper analysis of complex systems).

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The Special Problems of Freezing Ice Cream,e scenario planning is both more modest and more ambitious than that of the previous generation of exact probability-based risk measurement methods (Part I), branding efficiency seeking management of risks in financial systems.

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Conclusion to Part Ierly applied to another (risk management in banking): the borrowing of any method on the sole ground that is has been successful somewhere else is inadmissible (Schumpeter, 1954/1994: 17; von Hayek, 1943).

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Scenario Planning in a Nutshell and its Role in Risk Management in Bankingme more important than preciseness, efficiency and optimization under conditions of .olatility, .ncertainty, .omplexity, and .mbiguity that characterize our world, a so-named “VUCA world” (Bennett & Lemoine, 2014; Kleindorfer, 2010: 185; see Chapter 6 for a deeper analysis of complex systems).

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Strengths and Weaknesses of Scenario Planning as a Risk Management Toole scenario planning is both more modest and more ambitious than that of the previous generation of exact probability-based risk measurement methods (Part I), branding efficiency seeking management of risks in financial systems.

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Shaw Watanabe,Mitsuru Kimira,Tomotaka SobueCrisis Inquiry Commission (FCIC) identified “dramatic failures of corporate governance and risk management at many systemically important firms” as one of the key causes of the crisis (FCIC, 2011: xviii; cf. also Sullivan, 2009). Among others, the crisis has demonstrated the need to rethink the conc

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