Risk Management in Turbulent Times

by Jean-CharlesRochet (Author), Gilles Beneplanc (Author)

• New

  Hardcover
  2011

  $146.13

  The risk management models used by banks and insurance companies are designed for when financial markets behave smoothly and efficiently. However, large risks materialize very often, and financial markets periodically go through bubbles and crashes. This book provides a road map of the most popular models of risk management and shows how they can be adapted to turbulent times .