Engineering Risk and Finance

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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 other knowledge with hypotheses that both serve as the foundation of risk ...

Engineering Risk and Finance 2013, Springer

ISBN-13: 9781461462330

2013 edition

Hardcover

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Engineering Risk and Finance 2013, Springer-Verlag New York Inc., New York

ISBN-13: 9781489988485

2013 edition

Paperback

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