Rethinking risk in national security : lessons of the financial crisis for risk management /

This book examines the role of risk management in the recent financial crises and applies the lessons learned to the national security realm. It rethinks the way risk contributes to strategy, with insights relevant to practitioners and scholars in national security as well as business. Over the past...

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Bibliographic Details
Main Authors: Mazarr, Michael J., 1965
Published: Palgrave Macmillan,
Publisher Address: [New York] :
Publication Dates: [2016]
Literature type: Book
Language: English
Subjects:
Summary: This book examines the role of risk management in the recent financial crises and applies the lessons learned to the national security realm. It rethinks the way risk contributes to strategy, with insights relevant to practitioners and scholars in national security as well as business. Over the past few years, the concept of risk has become one of the most commonly discussed issues in national security planning. And yet the experiences of the 2007-2008 financial crises demonstrated critical limitations in institutional efforts to control risk. The most elaborate and complex risk procedures c
Carrier Form: ix, 246 pages : form ; 24 cm
Bibliography: Includes bibliographical references (pages 233-240) and index.
ISBN: 9781349918416 (hardcover) :
1349918415 (hardcover)
9781349948871 (softcover)
134994887X (softcover)
9781349918430 (ebook)
1349918431 (ebook)
Index Number: UA23
CLC: E712.1-05
D771.235-05
Call Number: D771.235-05/M475
Contents: 1. Risk, Judgment and Uncertainty -- 2. Defining Risk -- 3. Approaches to Risk in National Security -- 4. Risk and Uncertainty -- 5. Risk is What We Make of It -- 6. Indifferent to Consequences -- 7. The Swans to Worry About Are Gray -- 8. Risk Becomes Personalized -- 9. What You Don't Know Can Destroy You: Ignorance and Correlated Risk -- 10. Risk, Incentives and Culture -- 11. The Role of Risk in Strategy -- 12. Outcome Assessment of the Emerging U.S. National Security Strategy -- 13. Principles of Effective Risk Management -- 14. Managing Uncertainty.