Large stock market price drawdowns are outliers journal of risk
Portfolio Theory and Management - Google Livres
The recent financial crisis has made it paramount for the financial services industry to find new perspectives to look at their industry and, most importantly, to gain a better understanding of how the global financial system can be made less vulnerable and more resilient. The primary objective of this book is to illustrate how the safety science of Resilience Engineering can help to gain a better understanding of what the financial services system is and how to improve governance and control of financial services systems by leveraging some of its key concepts.
Resilience is the intrinsic ability of a system to adjust its functioning prior to, during, or following changes and disturbances, so that it can sustain required operations under both expected and unexpected conditions. This definition is focused on the ability to function, rather than just to be impervious to failure, and thereby bridges the traditional conflict between productivity and safety.
The core concept of the book is that the behaviour of the financial services system is the result of the tight couplings among the humans, organizations and technologies that are necessary to provide complex financial functions such as the transfer of economic resources.
It is a consequence of this perspective that the risks associated with these systems cannot be understood without considering the nature of these tight couplings.
Bernard de Meyer, "Risk Aversion and Price Dynamics on the Stock Market"Adopting this perspective, the book is designed to provide some answers to the following key questions about the financial crisis:. How can we see that in time and how can we control it?
How can its resilience be improved? She currently holds the position of Head of Global Sourcing at Deutsche Bank.
Technical Analysis: The Complete Resource for Financial Market Technicians - Charles D. Kirkpatrick II, Julie A. Dahlquist - Google Livres
She holds a Dr. Since he has worked at universities, research centres, and industries in several countries and with problems from several domains, including nuclear power generation, aerospace and aviation, air traffic management, software engineering, healthcare, and land-based traffic. His professional interests include industrial safety, resilience engineering, accident investigation, cognitive systems engineering and cognitive ergonomics.
He has published more than papers and authored or edited 17 books, some of the most recent titles being The ETTO Principle Ashgate, , Resilience Engineering Perspectives: Preparation and Restoration Ashgate, , Resilience Engineering Perspectives: Remaining Sensitive to the Possibility of Failure Ashgate, , Resilience Engineering: Concepts and Precepts Ashgate, , and Barriers and Accident Prevention Ashgate, Erik Hollnagel is Editor-in-chief of the series Ashgate Studies in Resilience Engineering and is on the editorial boards of nine international scientific journals.
The primary objective of this Version papier du livre. Governance and Control of Financial Systems: A Resilience Engineering Perspective.
[cond-mat/] Large Stock Market Price Drawdowns Are Outliers
Adopting this perspective, the book is designed to provide some answers to the following key questions about the financial crisis: The Need for New Perspectives.
Making Sense of Unpredictable Events and Developments. Turning Financial Services Systems into Resilient Systems.
Financial Markets and the Law of Requisite Variety. A Resilience Engineering Perspective Ashgate Studies in Resilience Engineering.