The flaw of averages why we underestimate risk in the face of uncertainty
A must-read for anyone who makes business decisions that have a major financial impact. As the recent collapse on Wall Street shows, we are often ill-equipped to deal with uncertainty and risk. Yet every day we base our personal and business plans on uncertainties, whether they be next month's...
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| Format: | eBook |
| Language: | Inglés |
| Published: |
Hoboken, N.J. :
John Wiley & Sons
2012.
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| Edition: | 1st edition |
| Subjects: | |
| See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009628396306719 |
Table of Contents:
- pt. 1. The big picture
- pt. 2. Five basic MINDles for uncertainty
- pt. 3. Decisions and information
- pt. 4. The seven deadly sins of averaging
- pt. 5. The flaw of averages in finance
- pt. 6. Real finance
- pt. 7. The flaw of averages in supply chains
- pt. 8. The flaw of averages and some hot button issues
- pt. 9. Toward a cure for the flaw of averages.
