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Strategic Risk Taking

I am putting this book online- it will be available at the end of the year. This may seem like a bit of a free lunch, and I guess it is. I hope, though, that you can do me a favor as you go through the manuscript. If you find any mistakes - mathematical or grammatical - could you please let me know? It would help me ensure that the typos do not find their way into the final version.

Introduction to Chapters 1-4

Chapter 1: What is risk?

Chapter 2: Why do we care about risk?

Chapter 3: What do we think about risk?

Chapter 4: How do we measure risk?

Introduction to Chapters 5-8

Chapter 5: Risk Adjusted Value

Chapter 6: Probabilistic Approaches: Scenario Analysis, Decision trees and Simulations

Chapter 7: Value at Risk (VaR)

Chapter 8: Real Options

Introduction to Chapters 9-12

Chapter 9: Risk Management: The Big Picture

Chapter 10: Risk Management: Profiling and Hedging

Chapter 11: Strategic Risk Management

Chapter 12: Risk Management: First Principles