Tackling the Unknown in Financial Risk Assessment and Decision Making
by Nick B. Firoozye, Fauziah Ariff.
London Palgrave Macmillan UK
2016
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Managing Uncertainty, Mitigating Risk proposes that financial risk management broaden its approach, maintaining quantification where possible, but incorporating uncertainty. The author shows that by using broad quantification techniques, and using reason as the guiding principle, practitioners can see a more holistic and complete picture.