Behavioral risk management
Subtitle: managing the psychology that drives decisions and influences operational risk
By: Hersh Shefrin
Published: 2016
Language: eng
Number of pages: 518
ISBN-13: 9781137445605
Subjects: Risk management; Risk perception; Decision making; Psychological aspects
Notes: Includes bibliographical references (pages 469-508) and index.
Table of contents: title: Machine generated contents note: 1.Introduction; title: Part I; title: 2.SP/A Theory's Focus on Three Key Emotions; title: 3.Prospect Theory's Focus on Gains, Losses, and Framing; title: 4.Biases and Risk; title: 5.Personality and Risk; title: Part II; title: 6.Process, Pitfalls, and Culture; title: 7.Minsky, the Financial Instability Hypothesis, and Risk Management; title: 8.Aspirational Pitfalls at UBS and Merrill Lynch; title: 9.Cheating Issues at S&P and Moody's; title: 10.Groupthink at Fannie, Freddie, and AIG; title: 11.The Winner's Curse Strikes at RBS, Fortis, and ABN AMRO; title: 12.Behavioral Dimension of Systemic Risk; title: 13.Financial Regulation and Psychology; title: 14.Risk of Fraud, Madoff, and the SEC; title: 15.Risk, Return, and Individual Stocks; title: 16.How Psychology Brought Down MF Global; title: 17.JPMorgan's Whale of a Risk Management Failure; title: 18.Risk Management Profiles: Con Ed, BP, and MMS; title: 19.Information Sharing Failures at Southwest Airlines, General Motors, and the Agencies That Regulate Them; title: 20.Conclusion.