Risk Analysis for the Digital Age

This book explores risk management in digital societies, covering traditional methods, network theory, and predicting black swan events. It is relevant for practitioners and policymakers and provides insights for the academic audience.

Format: Hardback
Length: 242 pages
Publication date: 17 November 2022
Publisher: Springer International Publishing AG

This comprehensive book delves into the intricate realm of risk management, encompassing a wide range of classical methods and contemporary approaches to understanding risk. As our digital societies become increasingly complex, risk management assumes an indispensable role in governing these interconnected systems. Recognizing the need for a fresh perspective, the book explores how individuals, firms, and states navigate the uncertainties they encounter in today's dynamic environment.

The initial chapters provide a foundational understanding of traditional risk management techniques, highlighting their potential for expansion and adaptation to better comprehend the workings of the modern economy. Subsequently, the book delves into the realm of digital activities and assets, such as cryptocurrencies, emphasizing the need to conceptualize emerging risks in these evolving domains. Network theory plays a central role, demonstrating how it can be employed to assess risk within the digital sectors of the economy. Additionally, the book addresses the challenge of predicting unpredictable black swan events in the context of growing economic simulation adoption.

The journey concludes by examining how individuals perceive risk and make decisions within the context of a virtual social network. While this book primarily appeals to the academic audience, it also offers valuable insights and novel research findings that have practical applications for practitioners and policymakers alike. By exploring the multifaceted aspects of risk management, this comprehensive text contributes to our understanding of how to navigate the complex challenges of the modern world.

Weight: 553g
Dimension: 235 x 155 (mm)
ISBN-13: 9783031180996
Edition number: 1st ed. 2023