國立虎尾科技大學 |

The illusion of control = why financial crises happen, and what we can (and can't) do about it /

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	The illusion of control/ Jón Daníelsson.
其他題名:	why financial crises happen, and what we can (and can't) do about it /
作者:	Daníelsson, Jón.
出版者:	New Haven, CT :Yale University Press, : c2022.,
面頁冊數:	1 online resource (288 p.) :ill. :
標題:	Financial risk. -
電子資源:	https://www.degruyter.com/isbn/9780300265095
ISBN:	9780300265095

The illusion of control = why financial crises happen, and what we can (and can't) do about it /
Daníelsson, Jón.

The illusion of controlwhy financial crises happen, and what we can (and can't) do about it /[electronic resource] :Jón Daníelsson. - New Haven, CT :Yale University Press,c2022. - 1 online resource (288 p.) :ill.

Includes bibliographical references and index.

Finance brings prosperity and danger. We use measurements of risk to try and control the dangers of investments while maximizing our growth. Current strategies rely on mathematical techniques and historical data to predict future risk, but ignore the human component, failing to take into account the nature of risk inherent in the system. Jón Daníelsson argues that critical risk is generated from within, through the interactions of individuals and perpetuated by their beliefs, objectives, abilities, and prejudices. He asserts that the widespread belief that risk originates outside the financial system frustrates our ability to measure and manage it, and the likely consequences of new regulations will help alleviate small-scale risks but, perversely, encourage excessive risk taking. Danielsson uses lessons from past and recent crises to show that diversity is the best way to safeguard our financial system.

ISBN: 9780300265095

Standard No.: 10.12987/9780300265095doiSubjects--Topical Terms:

796022
Financial risk.

LC Class. No.: HB615 / .D35 2022

Dewey Class. No.: 338.542

The illusion of control = why financial crises happen, and what we can (and can't) do about it /
LDR:01825cam a2200265 a 4500 001 1109577
003 DE-B1597
005 20230529094047.0
006 m o d
007 cr cnu---unuuu
008 231110s2022 ctua ob 001 0 eng d
020 $a 9780300265095 $q (ebook)
020 $z 9780300234817 $q (hbk.)
024 7 $a 10.12987/9780300265095 $2 doi
035 $a 9780300265095
040 $a DE-B1597 $b eng $c DE-B1597
041 0 $a eng
050 4 $a HB615 $b .D35 2022
082 0 4 $a 338.542 $2 23
100 1 $a Daníelsson, Jón. $3 839272
245 1 4 $a The illusion of control $h [electronic resource] : $b why financial crises happen, and what we can (and can't) do about it / $c Jón Daníelsson.
260 $a New Haven, CT : $b Yale University Press, $c c2022.
300 $a 1 online resource (288 p.) : $b ill.
504 $a Includes bibliographical references and index.
520 8 $a Finance brings prosperity and danger. We use measurements of risk to try and control the dangers of investments while maximizing our growth. Current strategies rely on mathematical techniques and historical data to predict future risk, but ignore the human component, failing to take into account the nature of risk inherent in the system. Jón Daníelsson argues that critical risk is generated from within, through the interactions of individuals and perpetuated by their beliefs, objectives, abilities, and prejudices. He asserts that the widespread belief that risk originates outside the financial system frustrates our ability to measure and manage it, and the likely consequences of new regulations will help alleviate small-scale risks but, perversely, encourage excessive risk taking. Danielsson uses lessons from past and recent crises to show that diversity is the best way to safeguard our financial system.
588 $a Description based on print version record.
650 0 $a Financial risk. $3 796022
650 0 $a Financial crises. $3 561050
856 4 0 $u https://www.degruyter.com/isbn/9780300265095