Risk Pricing: Using Quantum Electrodynamics for Higher Order Risks

by Dimitris N. Chorafas

Every industry experiences strategic inflection points which offer promises as well as threats. The crisis of 2007-2009 was one of strategic inflection for the banking industry, and a significant part of the danger came from the fact that risk pricing was found desperately wanting. The flaws in the existing risk pricing system were exposed, but this could also be the starting point of a new, innovative and more accurate risk regime - indeed, if the...

• Format: Paperback
• Language: English
• ISBN: 1906659370
• ISBN13: 9781906659370
• Release Date: February 2010
• Publisher: Harriman House
• Length: 264 Pages
• Weight: 1.12 lbs.
• Dimensions: 0.8" x 5.9" x 9.5"