{"product_id":"quantitative-methods-in-risk-analysis-foster-michael-9789819824489","title":"Quantitative Methods in Risk Analysis","description":"\u003cp\u003eThe aim of this book is to provide the basic concepts and techniques underlying the quantitative analysis of risk in stochastic dynamic systems. The methods are general, but the emphasis is on financial systems in market economies, and operating systems in transportation. Real world case studies are included. These case studies illustrate how risk analysis is done in practice. Data files are also analysed with the EViews software.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThroughout the book, the role of decisions on the outcome from stochastic systems is emphasized. The theme is that \"decisions have consequences\". The standard risk measures for the consequences from downside outcomes are presented, and risk-return models incorporate those measures into optimal decisions.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eWith the inclusion of both conceptual models and practical applications, the book is accessible to senior undergraduate and graduate students in business. In particular, the book is a suitable reference or text for a risk analysis course for masters of business administration students.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eSome mathematical background is required to understand the models and equations. Experience with statistical reasoning and statistical software is an advantage. There are appendices which summarize relevant mathematical concepts included in the book.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Foster Michael\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 9819824486\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9789819824489\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e World Scientific Publishing Company\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 06\/25\/2026\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 250\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.06lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.72d","brand":"Foster Michael","offers":[{"title":"Paperback","offer_id":49097190670591,"sku":"9789819824489","price":48.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.whiterainbookhouse.com\/products\/quantitative-methods-in-risk-analysis-foster-michael-9789819824489","provider":"WR Book House","version":"1.0","type":"link"}