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Author: Riccardo Rebonato
Publisher: Princeton University Press
ISBN: 1400836395
Category : Business & Economics
Languages : en
Pages : 325
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Book Description
Today's top financial professionals have come to rely on ever-more sophisticated mathematics in their attempts to come to grips with financial risk. But this excessive reliance on quantitative precision is misleading--and puts everyone at risk. In Plight of the Fortune Tellers, Riccardo Rebonato forcefully argues that we must restore genuine decision making to our financial planning. Presenting a financial model that uses probability, experimental psychology, and decision theory, Rebonato challenges us to rethink the standard wisdom about risk management. He offers a radical yet surprisingly commonsense solution: managing risk comes down to real people making decisions under uncertainty. Plight of the Fortune Tellers is a must-read for anyone concerned about how today's financial markets are run. In a new preface, Rebonato explains how the ideas presented in this book fit into the context of the global financial crisis that followed its original publication. He argues that risk managers are still stuck in a probabilistic rut, and need to engage with the structural causes of real events.
Author: Riccardo Rebonato
Publisher: Princeton University Press
ISBN: 1400836395
Category : Business & Economics
Languages : en
Pages : 325
Get Book
Book Description
Today's top financial professionals have come to rely on ever-more sophisticated mathematics in their attempts to come to grips with financial risk. But this excessive reliance on quantitative precision is misleading--and puts everyone at risk. In Plight of the Fortune Tellers, Riccardo Rebonato forcefully argues that we must restore genuine decision making to our financial planning. Presenting a financial model that uses probability, experimental psychology, and decision theory, Rebonato challenges us to rethink the standard wisdom about risk management. He offers a radical yet surprisingly commonsense solution: managing risk comes down to real people making decisions under uncertainty. Plight of the Fortune Tellers is a must-read for anyone concerned about how today's financial markets are run. In a new preface, Rebonato explains how the ideas presented in this book fit into the context of the global financial crisis that followed its original publication. He argues that risk managers are still stuck in a probabilistic rut, and need to engage with the structural causes of real events.
Author: Peter Haddock
Publisher: Pancake
ISBN: 9780710509987
Category : Animals
Languages : en
Pages : 24
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Book Description
The animals of Fern Hollow get their fortunes told at the town festival.
Author:
Publisher:
ISBN: 9780884860044
Category : Fortune-telling
Languages : en
Pages : 0
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Book Description
Author: Richard Bookstaber
Publisher: Princeton University Press
ISBN: 0691191859
Category : Business & Economics
Languages : en
Pages : 236
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Book Description
An in-depth look at how to account for the human complexities at the heart of today’s financial system Our economy may have recovered from the Great Recession—but not our economics. The End of Theory discusses why the human condition and the radical uncertainty of our world renders the standard economic model—and the theory behind it—useless for dealing with financial crises. What model should replace it? None. At least not any version we’ve been using for the past two hundred years. Richard Bookstaber argues for a new approach called agent-based economics, one that takes as a starting point the fact that we are humans, not the optimizing automatons that standard economics assumes we are. Sweeping aside the historic failure of twentieth-century economics, The End of Theory offers a novel perspective and more realistic framework to help prevent today's financial system from blowing up again.
Author: Lloyd Alexander
Publisher:
ISBN: 9780440831419
Category : Cameroon
Languages : en
Pages : 36
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Book Description
A young man seeks his fortune with a fortune-teller, only to find himself becoming a fortune teller himself.
Author: Dion Fortune
Publisher: Phoemixx Classics Ebooks
ISBN: 3986775390
Category : Young Adult Fiction
Languages : en
Pages : 200
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Book Description
Psychic Self-Defense Dion Fortune - "Psychic Self-Defense" is one of the best guides to detection and defence against psychic attack from one of the leading occult writers of the 20th century. After finding herself the subject of a powerful psychic attack in the 1930's, famed British occultist Dion Fortune wrote this detailed instruction manual on protecting oneself from paranormal attack. This classic psychic self-defence guide explains how to understand the signs of a psychic attack, vampirism, hauntings, and methods of defence. Everything you need to know about the methods, motives, and physical aspects of a psychic attack and how to overcome it is here, along with a look at the role psychic elements play in mental illness and how to recognise them.
Author: John Patience
Publisher:
ISBN: 9781916276901
Category : Fortune-tellers
Languages : en
Pages :
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Book Description
Author: Kim Michele Richardson
Publisher: Kensington Publishing Corporation
ISBN: 1496734211
Category : Fiction
Languages : en
Pages : 289
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Book Description
A young woman in 1969 Kentucky imagines what life can be through the gorgeously designed, handmade paper fortunetellers she distributes to the townsfolk while she tries to deal with the prejudice and hardship faced by an African-American neighbor she befriends.
Author: Iris H-Y Chiu
Publisher: Bloomsbury Publishing
ISBN: 1509901388
Category : Law
Languages : en
Pages : 240
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Book Description
This book examines a key aspect of the post-financial crisis reform package in the EU and UK-the ratcheting up of internal control in banks and financial institutions. The legal framework for internal controls is an important part of prudential regulation, and internal control also constitutes a form of internal gate-keeping for financial firms so that compliance with laws and regulations can be secured. This book argues that the legal framework for internal control, which is a form of meta-regulation, is susceptible to weaknesses, and such weaknesses are critically examined by adopting an interdisciplinary approach. The book discusses whether post-crisis reforms adequately address the weaknesses in regulating internal control and proposes an alternative strategy to enhance the 'governance' effectiveness of internal control.
Author: Arnold S. Kling
Publisher: Encounter Books
ISBN: 1594032505
Category : Business & Economics
Languages : en
Pages : 330
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Book Description
Conventional economists lean on the comfortable precision of mathematical abstraction and ignore the messy complexity of the real world. This work tells a big-picture story about the differences in the standard of living across time and across borders.
