Engineering Risk and Finance

by Charles S. Tapiero

Book Overview

Risk models are models of uncertainty, engineered for some purposes. They are "educated guesses and hypotheses" assessed and valued in terms of well-defined future states and their consequences. They are engineered to predict, to manage countable and accountable futures and to provide a frame of reference within which we may believe that "uncertainty is tamed". Quantitative-statistical tools are used to reconcile our information, experience and...

• Format: Hardcover
• Language: English
• ISBN: 1461462339
• ISBN13: 9781461462330
• Release Date: February 2013
• Publisher: Springer
• Length: 508 Pages
• Weight: 2.01 lbs.
• Dimensions: 1.1" x 6.1" x 9.2"