Dan Borge
Hoboken, New Jersey: Wiley, 2001
256pp, ISBN: 978-0-471-32378-5
Dan Borge breaks down the concept and application of risk management into basic ideas to facilitate a more thorough understanding. He describes the techniques professional risk managers use for determining probabilities and personal preferences, and explores their use for more effective actions. The book explains how we are all already risk managers, and the aim is to help managers become better risk managers.
Price: $26.70
Product Description
Learn the art--and science--of risk managementIn this exceptionally lucid, accessible book, one of the most highly regarded industry experts illuminates the delicate process of making decisions in an uncertain world and helps both lay people and professional risk managers understand the role of "risk-management" in their work, their lives, and their businesses. This book will enable professional risk managers to truly grasp the concepts behind their tools, and it will enable their clients (investors) and their coworkers to understand them as well. Handy and easy-to-read, The Book of Risk provides a down-to-earth look at an exciting field that has practical applications for everyone.
Dan Borge, PhD (Clinton Corners, NY), was managing director and partner at Bankers Trust Company. He was with Bankers Trust for the last twenty years and was the architect of the first-ever risk management system implemented institutionally--Bankers Trust's renowned RAROC system. Prior to working at Bankers Trust, he designed airplanes at Boeing. He is an aeronautical engineer and has a PhD in finance from Harvard Business School.
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