Behavioral Risk Management Managing the Psychology That Drives Decisions and Influences Operational Risk
Behavioral Risk Management Managing the Psychology That Drives Decisions and Influences Operational Risk
- ISBN 13:
9781137445605
- ISBN 10:
1137445602
- Format: Hardcover
- Copyright: 12/15/2015
- Publisher: Palgrave Macmillan
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Summary
A critical lesson from psychological studies for those involved in risk management is that people's judgments and decisions about risk vary with type of circumstance. In Behavioral Risk Management readers will learn that there are specific actions that organizations can undertake to incorporate understanding, recognition, and behavioral interventions into the practice of risk management. There are many examples throughout the book that illustrate doing the don'ts. The chapters in the first part of the book introduce the main ideas, and the chapters in the latter part provide insight into how to apply those ideas to the practical world in which risk managers operate.