Beslutningsteori: generelt

In 1975, the U.S. Securities Acts Amendments were enacted by Congress, which amongst other measures, officially mandated development of a National Market System (NMS). Since that time, the competitive map has been redrawn, technological changes have been huge and pervasive in scope, and the landscape is ever-changing. This book looks at the evolution of NMS and the factors that have influenced it since its development. Titled after the Baruch College Financial Markets Conference, 40 Years of Experience with the National Market System (NMS): Who Are the Winners and What Have We Learned, the book examines the following questions: What is liquidity and how is it best measured and provided? Has NMS-Induced competition delivered? What is technology's challenge to regulators? Are fair and level playing fields a good regulatory goal? What is the buyside's view?The Zicklin School of Business Financial Markets Series presents the insights emerging from a sequence of conferences hosted by the Zicklin School at Baruch College for industry professionals, regulators, and scholars. The transcripts from the conferences are edited for clarity, perspective and context; material and comments from subsequent interviews with the panelists and speakers are integrated for a complete thematic presentation. Each book is focused on a well delineated topic, but all deliver broader insights into the quality and efficiency of the U.S. equity markets and the dynamic forces changing them.

Cyberrisiken sind für Unternehmen weltweit das größte Geschäftsrisiko. Die zunehmende Wahrscheinlichkeit, von einem Cyberangriff betroffen zu werden, wirft die Frage der Absicherung potentieller Schäden durch Versicherungen auf. Vor diesem Hintergrund untersucht die Autorin anhand der Musterbedingungen des Gesamtverbandes der deutschen Versicherungswirtschaft zur Cyber-Risikoversicherung (AVB Cyber), inwieweit Cyberrisiken angemessen abgesichert werden können. Daneben widmet sie sich der Absicherung durch traditionelle Sach- und Haftpflichtversicherungen. Ein wichtiger Aspekt betrifft die Problematik um ¿silent cyber". Unter diesem Stichwort wird die Absicherung von Cyberrisiken durch konventionelle Versicherungen zusammengefasst, die diese Risiken weder ausdrücklich ein- noch ausschließen.

This textbook offers a detailed account of analytical models used to solve complex supply chain problems. It introduces a unique risk analysis framework that helps the reader understand the sources of uncertainties and use appropriate models to improve decisions in supply chains. This framework illustrates the complete supply chain for a product and demonstrates the supply chain's exposure to demand, supply, inventory, and financial risks. Step by step, this book provides a detailed examination of analytical methods that optimize operational decisions under different types of uncertainty. It discusses stochastic inventory models, introduces uncertainty modeling methods, and explains methods for managing uncertainty. To help readers deepen their understanding, it includes access to various supplementary material including an online interactive tool in Python. This book is intended for undergraduate and graduate students of supply chain management with a focus on supply chain analytics. It also prepares practitioners to make better decisions in this field.

This book provides the foundational knowledge essential for comprehending the functioning of financial markets and institutions and their current challenges. First, the book provides a general overview on the functioning of the EU financial system, examining financial markets and financial intermediaries¿ features and activity and their contribution to economic growth. It also outlines the evolution of the EU integration process, giving an overview of the most important regulatory steps related to the banking and financial system culminated in the creation of the Banking Union. Banking activity is also examined in the most important business areas: commercial versus investment banking. Lastly, the book introduces two important phenomena, which are currently characterizing the financial environment: FinTech and sustainable finance. Both FinTech and sustainable finance represent significant opportunities for the market and the operators, even if the challenges and risks associated arealso relevant. This underlines the need to understand their intensity and their potential impact on the functioning of the financial system as a whole.

This textbook provides a comprehensive introduction to portfolio management and investments. Focusing on four core areas ¿ portfolio management, equities, bonds, and derivatives ¿ it is primarily intended for undergraduate and graduate students alike. However, it will also benefit practitioners working in the fields of financial analysis and portfolio management and professionals who aspire to such professional activities in the financial industry. To ensure its high practical relevance, the book includes a host of case studies and examples from real-world practice, mainly from the German and Swiss financial markets. Additionally, the book shows how to implement the models in Microsoft Excel.

Our world is becoming ever more complex. Among the geopolitical and macroeconomic issues currently facing mankind, with serious ramifications for our future, are digitalization and technology, climate change, and globalization. Political upheaval, wars, natural disasters, economic recessions, and pandemics, have all had massive negative impacts on our society. In this new world, various governmental and organizational decisionmakers ¿ including managers, international agencies, NGOs, political leaders, economists, science & technology innovators, and medical professionals ¿ must all learn to anticipate and deal with these emergent risks, the integration of which, along with the management of ¿black swan¿ events, has assumed paramount importance. This is the huge challenge now facing us. This book, aimed at both academics and practitioners, shows how a framework for resilience can be created to help modern organizations to not only survive but to thrive. The author considers some of the organizations and bodies that can be said to be highly resilient and examines how ¿Resilience Thinking¿ affects different disciplines and environments. He addresses the question of how resilience works and how it is applied in practice. The relationship between resilience and other knowledge areas such as complexity theory, strategy, and risk management ¿ from both top-down and bottom-up perspectives ¿ is examined. Situations are identified where there is a particular need for resilience, and an overview of the best ways of implementing a resilience process is offered.

Ein qualifiziertes Management der Informationssicherheit ist heutzutage für jede Organisation unverzichtbar. Die Normenreihe ISO 27000 ist dabei ein anerkannter ¿Wegweiser¿ zu diesem Ziel. Im internationalen Kontext ist ihre Erfüllung für viele Organisationen ein wichtiger Wettbewerbsfaktor. Auch in Deutschland hat diese Normenreihe Eingang in Vorgaben, Regelungen und Gesetze zum Thema Informationssicherheit gefunden.Das vorliegende Buch kommentiert vor diesem Hintergrund die aktuellen Normen ISO 27001 und ISO 27002 (Ausgabe 2022/2023): Nach einer Einführung in die Normenreihe und ihren Fachbegriffen werden die Anforderungen an das Managementsystem für Informationssicherheit (ISMS) detailliert erklärt und mit zahlreichen Hinweise zur Umsetzung versehen. Im Anhang der ISO 27001 sind die sog. Controls aufgeführt, die in der neuen Normfassung komplett umstrukturiert und an vielen Stellen geändert wurden. Das Buch behandelt ausführlich alle Controls und gibt viele Beispiele für ihre Anwendung.Mit dem Erscheinen der neuen Normfassungen müssen sich viele Organisationen entsprechend umstellen ¿ nicht zuletzt auch im Zusammenhang mit Zertifizierungen. Das Buch bietet hier einen ausführlichen Fahrplan zur Migration auf die neuen Normen.

This econometric analysis focuses on the relationship between asymmetric information and financial markets. The study aims to examine how the presence of asymmetric information affects market dynamics and outcomes. By utilizing advanced statistical techniques and econometric modeling, the research investigates the impact of information asymmetry on various financial market variables.The study analyzes the role of information asymmetry in influencing market efficiency, price formation, trading volume, and investor behavior. It explores how differences in information between market participants lead to market inefficiencies, such as mispricing and suboptimal trading strategies. Additionally, the research investigates the implications of asymmetric information for market liquidity, volatility, and the overall stability of financial markets.Through the econometric analysis, the study provides empirical evidence and insights into the effects of asymmetric information on financial markets. It aims to contribute to the existing literature by shedding light on the mechanisms through which information asymmetry influences market dynamics and outcomes. The findings have practical implications for investors, financial institutions, and policymakers, helping to enhance market transparency, investor protection, and the efficiency of financial markets.Overall, this econometric analysis delves into the relationship between asymmetric information and financial markets. By employing rigorous statistical techniques, it aims to understand the impact of information asymmetry on market variables, providing valuable insights for market participants and stakeholders. The research ultimately seeks to contribute to the understanding of market dynamics and inform strategies to mitigate the adverse effects of information asymmetry in financial markets.

When we believe, We Achieve!"Diversed In STEM" Premium is an inspiring and easy to read children's book. This book contains new STEM coloring pages from each amazing character. Along with affirmations from each character showing their believe in thyself.This book teaches children about different possible STEM Careers. And with the help of illustrations and stories, your child will learn that no matter what background you are from you can visualize yourself in a particular STEM Career. This book portrays the life of 10 different children with diverse backgrounds and qualities. As well as a teacher who helps teach them the knowledge of self-belief and in a successful STEM Career."Diversed in STEM" also goes into detail about how children from different backgrounds can collaborate together for success in life.

This Pivot book focuses on both the essentials of asset management and current industry trends, specifically the development from an active management approach to a focus on ESG investments. The first part of the book outlines the dynamics that have traditionally characterised the asset management industry, including the distinction between active and passive portfolio management, the emergence of Exchange Traded Funds (EFTs) which have dominated portfolio allocation over the last 25 years, and the growth of the factor investing approach. It then explores how ESG principles have evolved into a primary focus for investors over the last few years, and how the growing importance placed on the establishment of homogeneous ESG criteria across companies now involves investors and asset managers as well as regulators. The final section of the book considers climate finance as a new challenge for asset management, which insists on portfolio choices that aim to mitigate the effects of climate change. This book offers new perspectives on the academic debate around differing investment philosophies as well as offering an empirical analysis of ESG benchmarks used across the industry. It will be of interest to academics and practitioners in finance and banking broadly, including those working in climate finance, investment behaviour, and corporate governance.

This book covers sustainable development in smart society's 5.0 using data analytics. The data analytics is the approach of integrating diversified heterogeneous data for predictive analysis to accredit innovation, decision making, business analysis, and strategic decision making. The data science brings together the research in the field of data analytics, online information analytics, and big data analytics to synthesize issues, challenges, and opportunities across smart society 5.0. Accordingly, the book offers an interesting and insightful read for researchers in the areas of decision analytics, cognitive analytics, big data analytics, visual analytics, text analytics, spatial analytics, risk analytics, graph analytics, predictive analytics, and analytics-enabled applications.

Home Education is a journey, a voyage of discovery, and a chance to explore. Join us on our family's voyage. Ride with us through the questions and answers that we found as we travelled through all ages and stages of our children's education. Whether you are considering embarking on your own home education journey, or are just interested in a different educational view, then welcome, come on in.

Learn blockchain in a simple, non-tech way and explore the different emerging technologies that open a world of opportunities in the space of tourism and hospitality. This book showcases examples of blockchain-based solutions implemented in different industries and connects them to use cases in hospitality and tourism (disintermediation, payments, loyalty programs, supply chain management, identity management etc.). Blockchain is one of the disruptive technologies that lays foundations for Web3.0, NFTs, Metaverse and other innovations. Despite many benefits, its adoption in the hospitality industry is very slow. Lack of awareness and connection to clear return-on-investment, coupled with many misconceptions and general perception of complexity is one of the main reasons why hospitality managers are reluctant to embark on the blockchain train.Blockchain for Hospitality and Tourism serves as a practical guide to the world of innovations, from the basics of blockchain to ¿how to start a project¿ with brief explanations of different technologies and capabilities. You'll review NFTs and Metaverse, along with current developments, tools, and platforms. After reading this book, you'll be equipped with enough knowledge to make strategic business decisions and able to discuss these topics within your organization and with vendors and suppliers in a comfortable way. As blockchain enters the next phase of its evolution, with more user-friendly interfaces and interoperability, see how it opens a world of opportunities in the space of tourism and hospitality. What You'll LearnBlockchain-based innovations ¿ cryptocurrencies and digital asset management, NFTs, Web3.0, Metaverse)Review applications of blockchain in selected industries Start a blockchain project Who This Book is ForHospitality professionals, including hotel managers and general managers, revenue management directors, operations directors, hotel IT managers, asset managers, brand strategy managers, marketing managers. Hospitality students will benefit as well. ·

Crypto is going to change the world, and for those tired of confusing financial jargon and complicated technical terminology, look no further. This book demystifies the world of cryptocurrencies and blockchain technology and explains in accessible language how it will affect your daily life. In The Quiet Crypto Revolution, Klaas Jung dives beneath the surface of Bitcoin to explore the engine that powers it - blockchain. Far surpassing the confines of cryptocurrencies, blockchain's potential for wide-ranging applications is enormous. It's crucial to understand that cryptocurrencies are merely a single manifestation of blockchain's capabilities. This book casts light on the broader spectrum of blockchain applications and the exciting future of this groundbreaking technology. With a focus on real-world applications, you'll gain a deeper understanding of the key concepts behind the innovative technology of blockchain, equipping you to make informed decisions. Whether you're a tech-savvy individual or a complete newcomer to the world of crypto and finance, this book will arm you with the knowledge and insights you need to understand the impact cryptocurrency and blockchain will have on your future.You WillLook at the future of blockchain technologyReview potential use cases for blockchain beyond cryptocurrencyStudy security strategies to avoid scams in the crypto spaceWho This Book Is ForBeginners who would like to gain a better understanding of cryptocurrency and the technology that supports it.

Unveil the power of safety culture in this thought-provoking and inspiring read that challenges the way we think about employee safety. "The Safety Investment" will leave you with a newfound appreciation for the human lives behind the hard hats and remind us all of the immense cost of neglecting their well-being. Direct and challenging, this book poses tough questions to those in management and supervision and reveals the heartbreaking realities of the families affected by workplace tragedy. It's time to face the truth that the pain, suffering, and heartache caused by accidents cannot be described in words. But it's never too late to make a change. Are you, as a CEO, CFO, COO, or executive, ready to lead the way in proactively investing in the safety of your employees? Safety must come before profits, and the reputation of your company depends on it. So, ask yourself, what is a life worth to you? It's time to make a life-changing impact on the safety culture of your workplace. Safety is an investment, not only in your employees but in your company. The choice is yours, what is a life worth, and what are you willing to accept, the consequences are life-changing. Are you ready to accept this challenge?

This book provides an overview of the role of statistics in Risk Analysis, by addressing theory, methodology and applications covering the broad scope of risk assessment in life sciences and public health, environmental science as well as in economics and finance. Experimental Design plays a key role in many of these areas, therefore there is special attention paid to joining Risk Analysis and Experimental Design topics. The contributions of this volume originate from the 8th International Conference on Risk Analysis (23-26 April, 2019, Vienna). The conference brought together researchers and practitioners working in the field of Risk Analysis. The most important contributions at the conference have been refereed and developed into chapters to show the latest developments in the field.

You Deserve To Thrive Amidst An Uncertain World!In Dental Wealth Nation you will learn: The truth about investment consulting - Page 23How to improve your cash flow and leverage tax mitigation strategies - Page 31How to protect your wealth from unjust means - Page 68How charitable gifting will actually make you money, and feel good too - Page 85The Relationship Management Formula - Page 105The Importance of Stress Testing - Page 147

This book is devoted to strengthening the theoretical and methodological basis, systematization of international experience, and scientific elaboration of prospects for developing a climate-smart economy and business as a vector of the sustainable development of Industry 4.0 in the Decade of Action.The first part of the book focuses on climate-responsible entrepreneurship in support of the sustainable development of Industry 4.0. The part systematizes best practices for climate-smart green innovations across sectors of the digital economy. The third part reveals the experience of climate risk management based on smart green innovations in regions and countries. Particular attention is paid to the best practices of the European Union (EU) and the Eurasian Economic Union (EAEU). The book ends with part four, which explores ESG climate risk management and green finance in support of combating climate change.The book¿s novelty is that it rethinks the environmental footprints of Industry 4.0 from the perspective of climate risks and their management. The theoretical significance of the book lies in the formation of an innovative concept of climate change risk management, in which the economy, society, nature, and technology are presented and interact effectively. The book is intended for scientists. In this book, they will find an innovative and systemic vision of smart green innovations in Industry 4.0 for climate change risk management.

This Element offers an accessible but technically detailed review of expected utility theory (EU), which is a model of individual decision-making under uncertainty that is central for both economics and philosophy. The Element's approach falls between the history of ideas and economic methodology. At the historical level, it reviews EU by following its conceptual evolution from its original formulation in the eighteenth century through its transformations and extensions in the mid-twentieth century to its more recent supersession by post-EU theories such as prospect theory. In reconstructing the history of EU, it focuses on the methodological issues that have accompanied its evolution, such as whether the utility function and the other components of EU correspond to actual mental entities. On many of these issues, no consensus has yet been reached, and in this Element the author offers his view on them.

Unlock the secrets of technical analysis and elevate your trading game in today's dynamic financial world. This book is essential for anyone committed to tracking and analyzing market behavior precisely and confidently.Discover the keys that will help you reach your goal of becoming a highly flexible and profitable trader. "Technical Trading Mastery - 7 Steps to Win with Logic, Second Edition" is a comprehensive guide for anyone seeking to excel in volatile and stable markets. Expertly blending timeless analysis methods are shared, and essential stock market information makes this book the foundational building block to achieve consistent profits through logical trading indicators, techniques, and psychological tactics.Drawing on over two decades of experience, author Chris Vermeulen presents his signature INNER-Market Analysis, which encompasses two strategies: momentum and swing trading. Readers will be able to copy and start using these foundational strategies the very next day. This exciting resource delves into essential topics, such as market structure, trend detection, volatility, volume, knowing when to trade, position management, and your emotions.In this updated edition, you will learn from recent examples and figures and gain an understanding of technical analysis that will excite and set you on the right path toward financial freedom.Chris Vermeulen, the founder of Technical Traders Ltd., is a renowned expert in investing for a wealthier retirement. Vermeulen also shares his industry-breaking investment style in his other book, "Asset Revesting, How To Exclusively Hold Assets Rising In Value, Profit During Bear Markets, And Continue Building Wealth In Retirement."

How might one determine if a financial institution is taking risk in a balanced and productive manner? A powerful tool to address this question is economic capital, which is a model-based measure of the amount of equity that an entity must hold to satisfactorily offset its risk-generating activities. This book, with a particular focus on the credit-risk dimension, pragmatically explores real-world economic-capital methodologies and applications. It begins with the thorny practical issues surrounding the construction of an (industrial-strength) credit-risk economic-capital model, defensibly determining its parameters, and ensuring its efficient implementation. It then broadens its gaze to examine various critical applications and extensions of economic capital; these include loan pricing, the computation of loan impairments, and stress testing. Along the way, typically working from first principles, various possible modelling choices and related concepts are examined. The end result is a useful reference for students and practitioners wishing to learn more about a centrally important financial-management device.

This book covers advanced reliability and maintainability knowledge as applied to recent engineering problems. It highlights research in the fields of reliability measures of binary and complex engineering systems, cost analysis, simulations, optimizations, risk factors, and sensitivity analysis. The book scrutinizes various advanced tools and techniques, methodology, and concepts to solve the various engineering problems related to reliability and maintainability of the industrial system at minimum cost and maximum profit. It consists of 15 chapters and offers a platform to researchers, academicians, professionals and scientists to enhance their knowledge and understanding the concept of reliability in engineering.

Credit Score: The Ultimate Guide on How to Legally Improve Your Credit Score, Discover All the Powerful Tips and Methods on Improving Your Credit ScoreThere have been many misconceptions about credit scores. Some people don't pay attention to it because they don't think it matters but credit scores actually impact a lot in your life. Businesses and even future employers can check your credit score to assess if you are someone who is responsible when it comes to paying your bills. It affects interest rates when you're applying for loans and it also affects your viability when looking for apartments. Some people think they can pay "experts" to repair or boost their credit scores but you can actually do so by yourself. This book will tell you everything you need to know about credit scores. You wil learn what a credit score and credit report are as well as other key financial terms. You will discover how to develop a credit repair plan that is tailored specifically to your financial situation. You will learn effective techniques and strategies on how you can build financial habits that will help you keep a high credit risk rating.This book will discuss the following topics:Best Way to Boost Your Credit ScoreKeep Your Credit Score SafeAvoid Common Credit Score MistakesDealing With Your Credit Report to Deal With Your Credit ScoreDealing With a Credit Score After a Big ProblemDealing With Professional Credit HelpGeneral Good Financial Habits Build Good Credit ScoresDevelop an Organized Strategy to Repair Your Credit ScoreLoans and Your Credit ScoreStudent Credit RepairDealing With DebtCredit Repair and Your EmotionsYou don't need to pay so-called experts to fix your credit score. You can develop your own plan to repair your credit and this is the most effective way of dealing with bad credit.If you want to learn more on how you can develop your very own credit repair plan, scroll up and click "add to cart" now.

How do we decide how we decide? On the largest matters and the smallest ones, we make such decisions all the time. This book casts light on decisions about decisions?what they are, where they go wrong, and how they can be helped to go right.

This is a revision and study guide for the ACCA Audit and Assurance subject. Please note that this is not an official ACCA publication or authorized book. The guide is intended for students who wish to revise using a reference book only.The material in this guide has been written by myself based on my own research, and the ACCA syllabus has been used as a guide to ensure that the book covers all aspects relevant to the syllabus guidelines.The guide provides comprehensive coverage of all syllabus areas for the ACCA Audit and Assurance subject, and is designed to help students revise and prepare for their exams.This comprehensive audit book is intended to be a useful resource for potential readers interested in gaining knowledge in the areas of auditing and assurance engagements. The book covers a variety of essential topics such as auditing standards and certification, audit regulations, and audit risk response. It also delves into the importance of corporate governance, professional ethics, and internal control and risk management.In addition, the book provides readers with practical guidance on conducting various types of assurance engagements, including external audits, review engagements, and non-profit organizations' audits. It also discusses different auditing procedures and techniques, with a focus on substantive procedures, analytical procedures, and audit sampling.The book is structured in a logical and easy-to-follow manner, with each chapter building on the previous one. It covers both theoretical and practical aspects of auditing and is intended to appeal to a broad audience, including auditing professionals, students, and anyone interested in gaining knowledge about auditing and assurance engagements.