Cover of David Murphy: Understanding Risk

David Murphy Understanding Risk

The Theory and Practice of Financial Risk Management

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CRC Press

2008

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978-1-58488-894-9

1-58488-894-6

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Sound risk management often involves a combination of both mathematical and practical aspects. Taking this into account, Understanding Risk: The Theory and Practice of Financial Risk Management explains how to understand financial risk and how the severity and frequency of losses can be controlled. It combines a quantitative approach with a

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