The flaw of averages
Subtitle: why we underestimate risk in the face of uncertainty
By: Sam L. Savage.
Publisher: Wiley
Published: 2009
Place of publication: Hoboken, NJ
Language: eng
Number of pages: 392
ISBN-13: 9780471381976
Subjects: Risk; Uncertainty
Description: As the recent collapse on Wall Street shows, we are often ill-equipped to deal effectively with uncertainty and risk. Yet every day we base our personal and business plans on these kinds of uncertainties, whether they be next month's sales, next year's costs, or tomorrow's stock price.
Notes: Includes bibliographical references and index.