The Doom Loop in the Financial Sector : And Other Black Holes of Risk.

The Doom Loop in the Financial Sector : And Other Black Holes of Risk.

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Bibliographic Details
Author / Creator:	Leiss, William.
Imprint:	Ottawa : University of Ottawa Press, 2011.
Description:	1 online resource (187 pages).
Language:	English
Series:	Critical issues in risk management Critical issues in risk management.
Subject:	Financial institutions -- Risk management. Financial services industry -- Risk management. Financial crises -- Prevention. Global Financial Crisis, 2008-2009. Financial crises -- Prevention.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12868539

Hidden Bibliographic Details
ISBN:	9780776619286 0776619284 1280691468 9781280691461 9780776607382 0776607383
Notes:	Includes bibliographical references (pages 148-157) and index. Print version record.
Summary:	In the past two years, the world has experienced how unsound economic practices can disrupt global economic and social order. Today & rsquo;s volatile global financial situation highlights the importance of managing risk and the consequences of poor decision making. The Doom Loop in the Financial Sector reveals an underlying paradox of risk management: the better we become at assessing risks, the more we feel comfortable taking them. Using the current financial crisis as a case study, renowned risk expert William Leiss engages with the new concept of & ldquo;black hole risk & rdquo; & mdash; risk s.
Other form:	Print version: 9780776607382

Table of Contents:

Preface; Acknowledgements; Chapter 1 Black Holes of Risk; Chapter 2 Systemic and Super-Systemic Risk in the Financial Sector; Chapter 3 Controlling the Downside Risk; Appendix 1 Fragility in Complex Systems and the "Tipping Point" Problem; Appendix 2 A Basic Integrated Risk Management Frameworks; Table 2-1, Dimensions of Risk Management; Works Cited; Index.