Free Delivery Over $100
|
|
|||
|
||||
Overview"In the past two years, the world has experienced how unsound economic practices can disrupt global economic and social order. Today's volatile global financial situation highlights the importance of managing risk and the consequences of poor decision making. The Doom Loop in the Financial Sector reveals an underlying paradox of risk management: the better we become at assessing risks, the more we feel comfortable taking them. Using the current financial crisis as a case study, renowned risk expert William Leiss engages with the new concept of ""black hole risk"" - risk so great that estimating the potential downsides is impossible. His risk-centred analysis of the lead-up to the crisis reveals the practices that brought it about and how it became common practice to use limited risk assessments as a justification to gamble huge sums of money on unsound economic policies. In order to limit future catastrophes, Leiss recommends international cooperation to manage black hole risks. He believes that, failing this, humanity could be susceptible to a dangerous nexus of global disasters that would threaten human civilization as we know it. Published in English." Full Product DetailsAuthor: William LeissPublisher: University of Ottawa Press Imprint: University of Ottawa Press Dimensions: Width: 12.70cm , Height: 0.60cm , Length: 20.30cm Weight: 0.223kg ISBN: 9780776607382ISBN 10: 0776607383 Pages: 190 Publication Date: 30 October 2010 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: Temporarily unavailable  The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you. Table of ContentsReviewsAuthor InformationWilliam Leiss is a visiting scientist at the McLaughlin Centre for Population Health Risk Assessment, University of Ottawa, and professor emeritus, School of Policy Studies, Queen's University. He is the author or co-author of ten books, including Mad Cows and Mother's Milk and In the Chamber of Risks. Tab Content 6Author Website:Countries AvailableAll regions |
||||
