Search

The level of modeling sophistication in financial services has increased considerably over the years. Nowadays, the complexity of financial problems and the vast amount of data require an engineering approach based on analytical modeling tools for planning, decision making, reporting, and supervisory control. This article provides an overview of the main financial applications of computational and data analytics approaches, focusing on the coverage of the recent developments and trends. The overview covers different methodological tools and their uses in areas, such as portfolio management, credit analysis, banking, and insurance. [ABSTRACT FROM AUTHOR]

Author Nicholas V. Cagliuso Sr. reviews The Feeling of Risk: New Perspectives on Risk Perception. [ABSTRACT FROM AUTHOR]

The impact of gender discrimination in disasters is one of those topics in Emergency Management that isn’t widely known and discussed even less. Women, Gender and Disaster: Global Issues and Initiatives explores the impacts of gender discrimination within the perspective of disaster risk management. The book is composed of 25 writings and case studies from researchers, practitioners and advocates for gender equality in disaster risk management. While recognizing the knowledge, capabilities, leadership and experience women can bring to the table cannot be ignored and should be encouraged, the authors note community resiliency requires the skills, resources and cooperation of both sexes. The book also includes toolkits and checklists to help disaster and emergency planners mainstream gender as a strategy for achieving disaster mitigation and risk reduction. [ABSTRACT FROM AUTHOR]

Power's book examines how organizations are designed through risk-based science, law and managerial techniques. As organizations have come to think of, reform and govern themselves through the vague but powerful notion of risk, both the fortunes of the managers who conceive of these designs and the behaviour of the organizations themselves have been affected. Power develops four themes as he analyses the consequences of these moves towards risk management as governance. First, he notes the tensions that have emerged as risk management systems take in information about uncertainty in the operational environment and process it into risk, while simultaneously producing yet more uncertainty. Second, he offers an account of developments in the system of professions as the abstractions of mathematical risk analysts have lost ground to managerial approaches to the processing and uses of risk. Third, he applies neo-liberal notions of the individual to organizational behaviour in an analysis of the conflict between risk-embracing profit motives and risk-averse precautionary instincts. Fourth, he argues that the uptake of risk management techniques and discourses in organizations has fundamentally changed the way they view themselves and operate in the world. As better risk management through internal self-control has become the obvious solution to every problem, enterprise values and trust have imploded. We close our review with a critique of this implosion thesis, suggesting directions for future research for socio-legal, governance and organizational behaviour scholars. [ABSTRACT FROM AUTHOR]

Crisis Management: Mastering the Skills to Prevent Disasters is an introductory work that outlines some primary processes utilized in business when developing hazard, risk and crisis management capabilities. Each chapter is dedicated to describing the basic function of individual components of a broad-based corporate hazard and crisis recognition, mitigation, response and recovery infrastructure. By integrating prevention, mitigation, response with recovery, Crisis Management is intended to define capacities that should be inherent within the operation of business so as to: 1) prevent incidents from occurring through surveillance, and 2) prevent incidences from transitioning into crises or disasters through response. [ABSTRACT FROM AUTHOR]

Reviews the book "Planning for the Unexpected: Land-Use Development and Risk," by Laurie Johnson, Laura Dwelley Samant, and Suzanne Frew.

The article reviews the book "The Social Contours of Risk: Risk Communication and the Social Amplification of Risk," Vol. I ― Publics by Jeanne X. Kasperson and Roger E. Kasperson.

Risk communication professionals, teachers, and trainers will find this book useful and practical. It accomplishes its purpose of presenting, in plain language, several historical cases of risk communication?good and bad?as object lessons for extrapolating best practices to follow and worst practices to avoid. Chapter 1 stresses the importance of considering and incorporating the reader?s background, knowledge, expectations, and reading process when writing about risk prediction, as illustrated by correspondence from two cases: memos between the Bureau of Bridges and the Department of Transportation that warned about leaks that caused the Chicago Floods in 1992, and a memo from Morton Thiokol, Inc., responding to questions from NASA Marshall Space Flight Center about whether to proceed with the Challenger launch in 1986. The author defines the reader-centered context upon which risk communicators should concentrate. The author also encourages writers to avoid writer-based documents and favor reader-based documents, which anticipate why readers need the information, how they will use it, what decisions they will make with it, and how they will read it. [ABSTRACT FROM AUTHOR]

The article reviews the book "Regulating Health and Environmental Risks Under WTO Law: A Critical Analysis of the SPS Agreement," by Lukasz Gruszczynski.

The article reviews the book "Crisis Communication: Practice PR Strategies for Reputation Management and Company Survival," edited by Peter F. Anthonissen.

The article reviews the book "Brand Risk: Adding Risk Literacy to Brand Management," by David Abrahams.

The article presents a book review for "Managing Risks for Corporate Integrity: How to Survive an Ethical Misconduct Disaster," by Lynn Brewer, Robert Chandler and O.C. Ferrell.

Reviews the book "The Rhetoric of Risk Technical Documentation in Hazardous Environments," by Beverly Sauer.