Why Managers and Companies Take Risks
The book answers a simple question: when managers and companies face a decision with two outcomes that are safe and risky, what leads them to choose the risky alternative? The answer starts with a detailed review of the theory behind risk and decision making by managers. The book then gathers real-w...
| Main Author: | |
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| Format: | eBook |
| Language: | English |
| Published: |
Heidelberg
Physica
2006, 2006
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| Edition: | 1st ed. 2006 |
| Series: | Contributions to Management Science
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| Subjects: | |
| Online Access: | |
| Collection: | Springer eBooks 2005- - Collection details see MPG.ReNa |
Table of Contents:
- Theory of Risk and Decision Making in Management
- Behavioural Evidence on Risk and Decision Making
- Real-World Decision Making Under Risk
- Risk-Taking and Organisation Performance
- Published Models of Decision Making Under Risk
- Why Managers Take Risks
- How Companies Control Risks
- Summary and Discussion
- Risk Budget Theory
- Conclusions