From the bestselling author of The Black Swan, a bold book that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility'Skin in the game means that you do not pay attention to what people say, only to what they do, and how much of their neck they are putting on the line'Citizens, artisans, police, fishermen, political activists and entrepreneurs all have skin in the game.
THE NEW INTERNATIONAL BESTSELLER FROM THE AUTHOR OF THE BIG SHORT AND FLASH BOYS'A gripping account of how two psychologists reshaped the way we think .
The completely updated, final edition of the global bestseller - one of the most influential books of the 21st century'Few books can be said to have changed the world, but Nudge did.
The phenomenal international bestseller that shows us how to stop trying to predict everything - and take advantage of uncertaintyWhat have the invention of the wheel, Pompeii, the Wall Street Crash, Harry Potter and the internet got in common?
As there is a need for careful analysis in a world where threats are growing more complex and serious, you need the tools to ensure that sensible methods are employed and correlated directly to risk.
Measurement, Judgment, and Decision Making provides an excellent introduction to measurement, which is one of the most basic issues of the science of psychology and the key to science.
Quantitative methods have revolutionised the area of trading, regulation, risk management, portfolio construction, asset pricing and treasury activities, and governmental activity such as central banking.
Written for professionals in financial services with responsibility for IT and risk management, Dimitris Chorafas surveys the methodology required and IT systems and structures to support it according to Basel II.
The Consultative paper issued by the Basel Committee on Banking Supervision (Basel II) cites the failure of bankers to adequately stress test exposures as a major reason for bad loans.
"e;INCREDIBLY USEFUL AND ENTERTAINING"e; - Rory Sutherland, Vice Chairman of Ogilvy and author of Alchemy"e;PUNCHY, WITTY, AND PROVOCATIVE"e; - Gillian Tett, Financial Times columnist and author of Anthro-Vision"e;FASCINATING AND INDISPENSIBLE"e; - Annie Duke, Decision strategist and author of Thinking in Bets and Quit------------------------------------------------------Even the smartest investors lose their minds and their money.