Risk Management And Risk Decision Making
Author: Rabihah Md.Sum
Publisher: USIM Press
This book should be of interest to both students and practitioners. It is an ideal resource for those seeking knowledge in risk management and decision making under uncertainty. This book is valuable in three ways. First, it provides a simple but detail explanation on risk management process. Second, it details out the decision-making in risk management, including simplifying the explanation on decision-making theories. Third, it demonstrates the challenges and biases in making decision under uncertainty.
This book highlights the influence of human thinking systems to risk management decision making and their impact to decisions.