000			04693cam a2200625 i 4500
001			u13550
003			SA-PMU
005			20210418124257.0
008			150924t20162016enka b 001 0 eng
010			_a 2015025442
040			_aDLC _beng _erda _cPUL _dOCLCO _dYDXCP _dDLC _dBTCTA _dBDX _dOCLCF _dCDX _dIUL _dOCLCQ _dCHVBK _dOCLCO
019			_a910536350
020			_a9781137334534 _q(hardback)
020			_a1137334533 _q(hardback)
035			_a(OCoLC)936540316 _z(OCoLC)910536350
042			_apcc
050	0	0	_aHG4026 _b.F5277 2016
082	0	0	_a658.15/5 _223
084			_aBUS017000 _aBUS027000 _aBUS033070 _2bisacsh
100	1		_aFiroozye, Nikan B., _eauthor.
245	1	0	_aManaging uncertainty, mitigating risk : _btackling the unknown in financial risk assessment and decision making / _cNikan B. Firoozye and Fauziah Ariff.
264		1	_aHoundmills, Basingstoke, Hampshire ; _aNew York, NY : _bPalgrave Macmillan, _c2016.
264		4	_c©2016
300			_axix, 265 pages : _billustrations ; _c25 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references and index.
520			_a"Risk management as a discipline is evolving, evolving to deal with fat tails, evolving to deal with macro-economic drivers and basic forms of nonlinearity. And yet, financial risk management remains limited to the confines of quantification, forced to use the crutch of mathematical models. The fact that financial risk management relies so heavily upon mathematical models and quantified probabilities makes it bear little semblance to risk management in other applications such as process risk, environmental risk, operational risk and disaster planning, where in many cases possibilities are addressed and probabilities remain indeterminate. This book proposes that financial risk management broaden its approach, maintaining quantification where possible, but incorporating uncertainty. The author shows that by using broad quantification techniques (reasonable possibilities, and inexact probability as opposed to absolute and uniquely quantified figures), and using reason (based on experience, inferences etc.) as the guiding principle, practitioners can see a more holistic and complete picture. Crucial in this approach is the development of scenario analysis, requiring input of traditional functional areas within the business, legal, and accounting departments. While the outcomes may not be certain, we can foresee a possible range of outcomes. The scenarios will take into account the reactions, responses and interdependencies of various economic stakeholders: consumers, corporates, banking, markets, governments, policy makers. However, unlike most approaches to macrofinancial analysis, overly reliant upon models, the author's approach focuses on the ability of stakeholders to alter the interdependencies between themselves, effectively changing the rules of the game."-- _cProvided by publisher.
505	0		_a1. Introduction -- Part I. Setting the Landscape: 2. The backdrop; 3. Managing uncertainty: a modern necessity; 4. Probability: the building blocks; 5. Probability applied -- Part II. Managing Uncertainty: The Essentials: 6. Classification of unknowns and risk scenarios; 7. Knowledge and information: an unrestricted view; 8. Building on probability: uncertainty and UVaR -- Part III. Framework Methodology and Case Studies: 9. Framework for addressing uncertainty; 10. Methodology and applications of UVaR; 11. Case study: European sovereign debt crisis; 12. Final thoughts.
650		0	_aCorporations _xFinance.
650		0	_aRisk assessment.
650		0	_aRisk management.
650		7	_aBUSINESS & ECONOMICS _xCorporate Finance. _2bisacsh
650		7	_aBUSINESS & ECONOMICS _xFinance. _2bisacsh
650		7	_aBUSINESS & ECONOMICS _xInsurance _xRisk Assessment & Management. _2bisacsh
650		7	_aCorporations _xFinance. _2fast _0(OCoLC)fst00879841
650		7	_aRisk assessment. _2fast _0(OCoLC)fst01098146
650		7	_aRisk management. _2fast _0(OCoLC)fst01098164
650		7	_aRisikomanagement _2gnd
650		7	_aEntscheidung bei Unsicherheit _2gnd
650		7	_aUnternehmen _2gnd
700	1		_aAriff, Fauziah, _eauthor.
938			_aBrodart _bBROD _n112978061
938			_aBaker and Taylor _bBTCP _nBK0017178634
938			_aCoutts Information Services _bCOUT _n27952701
938			_aYBP Library Services _bYANK _n11443912
029	1		_aAU@ _b000057546099
029	1		_aCHVBK _b354759914
029	1		_aCHBIS _b010551224
942			_cBOOK
994			_aZ0 _bSUPMU
948			_hNO HOLDINGS IN SUPMU - 77 OTHER HOLDINGS
596			_a1 2
999			_c7011 _d7011