Risk Assessment and Decision Making in Business and Industry

Discover the intricate world of risk assessment and decision-making in business with "Risk Assessment and Decision Making in Business and Industry" by Glenn R. Koller. Published in 2005 by Taylor & Francis Inc, this comprehensive 350-page hardback delves into critical concepts of risk and uncertainty, making it an essential read for professionals in business and economics.

The book is structured around four key aspects of risk/uncertainty: foundational general concepts, implementation processes, technical intricacies, and real-world applications. It provides valuable insights into the two primary probabilistic measures of project value: the Expected Value of Success and the Expected Value for the Portfolio. Ideal for those involved in corporate finance, insurance, and risk management, this second edition serves as both a practical guide and a robust academic resource, equipping readers with the tools needed to navigate complex decision-making challenges.