The professions of authorship

Sample

Charles S. Tapiero

Risk models are models of uncertainty, engineered for some purposes. They are “educated guesses and hypotheses” assessed and valued in terms of well-defined future states and their consequences. They are engineered to predict, to manage countable and accountable futures and to provide a frame of reference within which we may believe that “uncertainty is tamed.” Quantitative-statistical tools are used to reconcile our information, experience and other knowledge with hypotheses that both serve as the foundation of risk models and also value and price risk.^ Risk models are therefore common to most professions, each with its own methods and techniques based on their needs, experience and a wisdom accrued over long periods of time.This book provides a broad and interdisciplinary foundation to engineering risks and to their financial valuation and pricing. Risk models applied in industry and business, heath care, safety, the environment and regulation are used to highlight their variety while financial valuation techniques are used to assess their financial consequences.This book is technically accessible to all readers and students with a basic background in probability and statistics (with 3 chapters devoted to introduce their elements). Principles of risk measurement, valuation and financial pricing as well as the economics of uncertainty are outlined in 5 chapters with numerous examples and applications. New results,^ extending classical models such as the CCAPM are presented providing insights to assess the risks and their price in an interconnected, dependent and strategic economic environment. In an environment departing from the fundamental assumptions we make regarding financial markets, the book provides a strategic/game-like approach to assess the risk and the opportunities that such an environment implies. To control these risks, a strategic-control approach is developed that recognizes that many risks result by “what we do” as well as “what others do”. In particular we address the strategic and statistical control of compliance in large financial institutions confronted increasingly with a complex and far more extensive regulation.

Sample

Maura Finkelstein

Mumbai's textile industry is commonly but incorrectly understood to be an extinct relic of the past. In 'The Archive of Loss' Maura Finkelstein examines what it means for textile mill workers-who are assumed not to exist-to live and work during a period of deindustrialization. Finkelstein shows how mills are ethnographic archives of the city where documents, artifacts, and stories exist in the buildings and in the bodies of workers. Workers' pain, illnesses, injuries, and exhaustion narrate industrial decline; the ways in which they live in tenements exist outside and resist the values expounded by modernity; and the rumors and untruths they share about textile worker strikes and a mill fire help them make sense of the industry's survival. In outlining this archive's contents, Finkelstein shows how mills, which she conceptualizes as lively ruins, become a lens through which to challenge, reimagine, and alter ways of thinking about the past, present, and future in Mumbai and beyond.

Sample

Shalini Srivastava, Pritee Goyal

Current research revolves around trends to bring technology into harmony with the natural environment and in order to protect the ecosystem. Bioremediation involves processes which reduce the overall treatment costs by using agricultural residues. Regeneration of the biosorbent further increases the cost effectiveness of the process, thus warranting its future success in solving water quality problems. Special emphasis is paid to chemical modifications resulting in tailored novel biomaterials which improve its sorption efficiency and environmental stability. In this way it can be used commercially as a simple, fast, economical, ecofriendly green technology, for the removal of toxic metals from waste water particularly in rural and remote areas of the country.

Sample

Eric Tyson

Invest in your financial future with this valuable, popular, and easy-to-use guide This latest edition is infused with new and updated material to help you ramp up your portfolio today! This includes time-tested advice, updates to investing recommendations, and strategies that reflect changing market conditions. Investing may be an intimidating prospect, but this resource will serve as your primer on all aspects of the topic, including how to develop and manage a portfolio, invest in stocks, bonds, mutual funds, and real estate, open a small business, and more.