Robust Simulation for Mega-Risks

Name: Robust Simulation for Mega-Risks
Brand: Springer International Publishing AG
SKU: 9783319369075
Price: 52.72 EUR
Availability: InStock

The Path from Single-Solution to Competitive, Multi-Solution Methods for Mega-Risk Management

Автор: Craig E. Taylor

Език:

Корици: С меки корици

Издател: Springer International Publishing AG

Наличност: Външен склад

Изпращаме след 5-8 дни

52.72 € 103.11 лв

This book introduces a new way of analyzing, measuring and thinking about mega-risks, a "paradigm sh...

Информация за книгата

Автор

Craig E. Taylor

Език

Английски език

Корици

Книга - С меки корици

Издадена

2016

страници

164

EAN

9783319369075

ISBN

3319369075

Enbook ID

18051348

Издател

Springer International Publishing AG

Теглоt

2934

Размери

155 x 235 x 11

Пълно описание

This book introduces a new way of analyzing, measuring and thinking about mega-risks, a "paradigm shift" that moves from single-solutions to multiple competitive solutions and strategies. "Robust simulation" is a statistical approach that demonstrates future risk through simulation of a suite of possible answers. To arrive at this point, the book systematically walks through the historical statistical methods for evaluating risks. The first chapters deal with three theories of probability and statistics that have been dominant in the 20th century, along with key mathematical issues and dilemmas. The book then introduces "robust simulation" which solves the problem of measuring the stability of simulated losses, incorporates outliers, and simulates future risk through a suite of possible answers and stochastic modeling of unknown variables. This book discusses various analytical methods for utilizing divergent solutions in making pragmatic financial and risk-mitigation decisions. The book emphasizes the importance of flexibility and attempts to demonstrate that alternative credible approaches are helpful and required in understanding a great many phenomena.

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Robust Simulation for Mega-Risks

The Path from Single-Solution to Competitive, Multi-Solution Methods for Mega-Risk Management

Информация за книгата

Пълно описание

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Клиенти, които купиха тази книга, купиха също