Книга Redefining Risk & Return Jesper Lyng Jensen

Redefining Risk & Return

The Economic Red Phone Explained

Език: Английски език
Корици: С меки корици
Наличност: Външен склад
Изпращаме след 5-8 дни
65.35 127.81 лв
This book is the first attempt to re-define objective risk. It addresses the cost of running out of...

Информация за книгата

Език
Английски език
Корици
Книга - С меки корици
Издадена
2018
страници
156
EAN
9783319823355
Enbook ID
20118752
Теглоt
2354
Размери
148 x 210 x 10

Пълно описание

This book is the first attempt to re-define objective risk. It addresses the cost of running out of capital as a generalized cost syndrome and explains how it is possible to describe this cost in such a way as to give it practical, real-life significance for personal finances, company finances and the economy as a whole. The discussion begins by presenting an intuitive and useful definition of risk: the probability of prospective capital shortfall. From this point it establishes a risk theory and expands the work of major thinkers such as Frank Knight and John Maynard Keynes, and adds reserve capital as a new financial risk management tool, with an economic function that is different from savings. This book will be of interest to economists, politicians, and decision makers as well as to the general public.

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