Risk Quantification

Risk Quantification PDF Author: Laurent Condamin
Publisher: John Wiley & Sons
ISBN: 0470060433
Category : Business & Economics
Languages : en
Pages : 286

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Book Description
This book offers a practical answer for the non-mathematician to all the questions any businessman always wanted to ask about risk quantification, and never dare to ask. Enterprise-wide risk management (ERM) is a key issue for board of directors worldwide. Its proper implementation ensures transparent governance with all stakeholders’ interests integrated into the strategic equation. Furthermore, Risk quantification is the cornerstone of effective risk management,at the strategic and tactical level, covering finance as well as ethics considerations. Both downside and upside risks (threats & opportunities) must be assessed to select the most efficient risk control measures and to set up efficient risk financing mechanisms. Only thus will an optimum return on capital and a reliable protection against bankruptcy be ensured, i.e. long term sustainable development. Within the ERM framework, each individual operational entity is called upon to control its own risks, within the guidelines set up by the board of directors, whereas the risk financing strategy is developed and implemented at the corporate level to optimise the balance between threats and opportunities, systematic and non systematic risks. This book is designed to equip each board member, each executives and each field manager, with the tool box enabling them to quantify the risks within his/her jurisdiction to all the extend possible and thus make sound, rational and justifiable decisions, while recognising the limits of the exercise. Beyond traditional probability analysis, used since the 18th Century by the insurance community, it offers insight into new developments like Bayesian expert networks, Monte-Carlo simulation, etc. with practical illustrations on how to implement them within the three steps of risk management, diagnostic, treatment and audit. With a foreword by Catherine Veret and an introduction by Kevin Knight.

Risk Quantification

Risk Quantification PDF Author: Laurent Condamin
Publisher: John Wiley & Sons
ISBN: 0470060433
Category : Business & Economics
Languages : en
Pages : 286

Get Book Here

Book Description
This book offers a practical answer for the non-mathematician to all the questions any businessman always wanted to ask about risk quantification, and never dare to ask. Enterprise-wide risk management (ERM) is a key issue for board of directors worldwide. Its proper implementation ensures transparent governance with all stakeholders’ interests integrated into the strategic equation. Furthermore, Risk quantification is the cornerstone of effective risk management,at the strategic and tactical level, covering finance as well as ethics considerations. Both downside and upside risks (threats & opportunities) must be assessed to select the most efficient risk control measures and to set up efficient risk financing mechanisms. Only thus will an optimum return on capital and a reliable protection against bankruptcy be ensured, i.e. long term sustainable development. Within the ERM framework, each individual operational entity is called upon to control its own risks, within the guidelines set up by the board of directors, whereas the risk financing strategy is developed and implemented at the corporate level to optimise the balance between threats and opportunities, systematic and non systematic risks. This book is designed to equip each board member, each executives and each field manager, with the tool box enabling them to quantify the risks within his/her jurisdiction to all the extend possible and thus make sound, rational and justifiable decisions, while recognising the limits of the exercise. Beyond traditional probability analysis, used since the 18th Century by the insurance community, it offers insight into new developments like Bayesian expert networks, Monte-Carlo simulation, etc. with practical illustrations on how to implement them within the three steps of risk management, diagnostic, treatment and audit. With a foreword by Catherine Veret and an introduction by Kevin Knight.

A Framework for Analyzing Technical Trade Barriers in Agricultural Markets

A Framework for Analyzing Technical Trade Barriers in Agricultural Markets PDF Author: Donna H. Roberts
Publisher:
ISBN:
Category : Farm produce
Languages : en
Pages : 56

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Book Description


Neuromarketing For Dummies

Neuromarketing For Dummies PDF Author: Stephen J. Genco
Publisher: John Wiley & Sons
ISBN: 1118518977
Category : Business & Economics
Languages : en
Pages : 423

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Book Description
Learn how to use neuromarketing and understand the science behind it Neuromarketing is a controversial new field where researchers study consumers' brain responses to advertising and media. Neuromarketing and the brain sciences behind it provide new ways to look at the age-old question: why do consumers buy? Neuromarketing For Dummies goes beyond the hype to explain the latest findings in this growing and often misunderstood field, and shows business owners and marketers how neuromarketing really works and how they can use it to their advantage. You'll get a firm grasp on neuromarketing theory and how it is impacting research in advertising, in-store and online shopping, product and package design, and much more. Topics include: How neuromarketing works Insights from the latest neuromarketing research How to apply neuromarketing strategies to any level of advertising or marketing, on any budget Practical techniques to help your customers develop bonds with your products and services The ethics of neuromarketing Neuromarketing for Dummies demystifies the topic for business owners, students, and marketers and offers practical ways it can be incorporated into your existing marketing plans.

Search Externalities in Firm-to-Firm Trade

Search Externalities in Firm-to-Firm Trade PDF Author: John Spray
Publisher: International Monetary Fund
ISBN: 151357261X
Category : Business & Economics
Languages : en
Pages : 80

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Book Description
I develop a model of firm-to-firm search and matching to show that the impact of falling trade costs on firm sourcing decisions and consumer welfare depends on the relative size of search externalities in domestic and international markets. These externalities can be positive if firms share information about potential matches, or negative if the market is congested. Using unique firm-to-firm transaction-level data from Uganda, I document empirical evidence consistent with positive externalities in international markets and negative externalities in domestic markets. I then build a dynamic quantitative version of the model and show that, in Uganda, a 25% reduction in trade costs led to a 3.7% increase in consumer welfare, 12% of which was due to search externalities.

Hawaiian Trade Study

Hawaiian Trade Study PDF Author: United States. Federal Maritime Commission
Publisher:
ISBN:
Category : Hawaii
Languages : en
Pages : 374

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Book Description


Workshop on Measuring Consumer Perceptions of Internal Product Quality

Workshop on Measuring Consumer Perceptions of Internal Product Quality PDF Author: Jeffrey L. Jordan
Publisher:
ISBN:
Category : Consumers' preferences
Languages : en
Pages : 180

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Book Description


Applied International Economics

Applied International Economics PDF Author: W. Charles Sawyer
Publisher: Taylor & Francis
ISBN: 0429758324
Category : Business & Economics
Languages : en
Pages : 561

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Book Description
Applied International Economics, 5th edition, offers a modern and accessible treatment of international economics, shifting the emphasis from pure theory to the application of theory by using the standard tools of economic analysis. This new and streamlined edition makes the real-world application of international economics even more clear than previous editions, and focuses on the basics that students will need in order to analyze information on the world economy throughout their future careers. The new edition has been refocused, revised, and thoroughly updated. Key features include: Expanded coverage of China’s role in the world economy. New material on how changes in trade flows can be decomposed into the extensive and intensive margins of trade. New material on the use of Section 301 of U.S. trade law and the U.S.–China trade dispute. Updated coverage of Brexit. A new focus on the sole use of the Mundell-Fleming model to analyze balance of payments issues. Improved linkages between the concepts of purchasing power parity and the real exchange rate. Written in a thorough and engaging style, the book covers topics at a level appropriate for students specializing in business or international relations, as well as economics students. Along with a wealth of case studies and real-life examples, the book offers extensive pedagogical tools that include a companion website, end-of-chapter summaries, and explanations of key concepts and terms. For instructors, PowerPoint presentations and an extensive test bank are available.

Agriculture and the New Trade Agenda

Agriculture and the New Trade Agenda PDF Author: Merlinda D. Ingco
Publisher: Cambridge University Press
ISBN: 1107320437
Category : Business & Economics
Languages : en
Pages : 527

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Book Description
Negotiating the liberalization of world agricultural trade in the World Trade Organization (WTO) is fraught with difficulty due to the complexity of the issues and the wide range of interests across countries. In the round of global trade negotiations under the WTO, different perspectives on trade reform have produced a highly contentious agenda. These issues are addressed from a range of perspectives in this survey of the trade agenda and its implications for both developing and developed countries. Agricultural trade specialists, including those in universities, in international organizations and think tanks, analyse a comprehensive range of topics including interests and options in the WTO trade negotiations, the trade agenda from a development patent perspective, WTO trade rules, trade barriers, tariff negotiations and patent protection for developing countries.

Sugar Trading Manual

Sugar Trading Manual PDF Author: Jonathan Kingsman
Publisher: Woodhead Publishing
ISBN: 185573950X
Category : Business & Economics
Languages : en
Pages : 813

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Book Description
Since its launch, Sugar Trading Manual (STM) has established itself as the definitive information source for the sugar market worldwide. It is compiled from contributions by some of the most senior and widely respected figures in the international sugar trade. This edition takes into account changes in all aspects of the business including production, markets, pricing, contracts, administration and management, and the influence of the major trading blocs. STM is an invaluable training resource for all new entrants to the industry as well as providing everyone already involved in the global sugar business with vital information on its day-to-day workings. - The only comprehensive, updateable reference source to the structure and conduct of the global sugar business - Written by well-respected industry insiders - Covers the entire spectrum of trading instruments and markets

Trading the Fruits of the Land

Trading the Fruits of the Land PDF Author: Tjalling Dijkstra
Publisher: Routledge
ISBN: 0429775695
Category : Business & Economics
Languages : en
Pages : 298

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Book Description
First published in 1997, this volume contributes to the knowledge for the trade of vegetables, fruits and tubers (so-called horticultural commodities). As African policy makers try to keep pace with new developments in private food trade, they require knowledge of the structures of private trade systems and the factors that govern their long-term development. The study analyses the structure and development of horticultural marketing channels in Kenya. It is based primarily on surveys of some 500 farmers in four districts and 750 horticultural traders in 18 market places. Commercial horticultural farmers, domestic traders, export traders, agents, facilitators, marketing cooperatives and processors are all reviewed. The study devotes special attention to the efficiency of collecting wholesalers, and to the development of rural assembly markets. It develops a model which can elucidate vertical differentiation processes in the Kenyan horticultural channels. The analyses show that marketing channel theory can be of great relevance to the developing world. The proposed vertical differentiation model can aid in predicting future changes in horticultural marketing systems, in Kenya as well as in other African countries.