Understanding Risk addresses a central dilemma of risk decisionmaking in a democracy: detailed scientific and technical information is essential for making deci

This book outlines and systematises findings from a growing body of research that examines the different rationales, dimensions and dynamics of risk-taking in c

Understanding Disaster Risk: A Multidimensional Approach presents the first principle from the UNISDR Sendai Framework for Disaster Risk Reduction, 2015-2030. T

A guide to the validation and risk management of quantitative models used for pricing and hedging Whereas the majority of quantitative finance books focus on ma

Sound risk management often involves a combination of both mathematical and practical aspects. Taking this into account, Understanding Risk: The Theory and Prac