Basics of Risk Theory (SPbSTU Press, 2002)

Outlines of a lecture course of advanced Economic Risk Theory created for M.A. graduate students specializing in economics, management and business areas. The lecture course summarizes an 8-years experience in adapting and clarifying for economists a number of complicated math theories are presented such as catastrophe theory, fractal theory and fractal analysis techniques. The course includes theoretic materials and computer games reproducing realistic conditions of risk-involving decision-making at currency exchanges and stock markets.

O. Y. Uritskaya. Introduction to Economic Risk Theory // Methods and Practice in the Education.– St.Petersburg: SPbGTU Press, 2002. – p.150 – 151.

Full text (in Russian)

Basics_of_Risk_Theory_Fig_1

Fig. 1. The risk can be seen as a difference between the complexity and the extractable information.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>