A clear understanding of what we know, don't know, and can't know should guide any reasonable approach to managing financial risk, yet the most widely used measure in finance today--Value at Risk, or VaR--reduces these risks to a single number, creating a false sense of security among risk managers, executives, and regulators. This book introduces a more realistic and holistic framework called KuU --the K nown, the u nknown, and the U nknowable--that enables one to conceptualize the different kinds of financial risks and design effective strategies for managing them. Bringing together contributions by leaders in finance and economics, this book pushes toward robustifying policies, portfolios, contracts, and organizations to a wide variety of KuU risks. Along the way, the strengths and limitations of "quantitative" risk management are revealed. In addition to the editors, the contributors are Ashok Bardhan, Dan Borge, Charles N. Bralver, Riccardo Colacito, Robert H. Edelstein, Robert F. Engle, Charles A. E. Goodhart, Clive W. J. Granger, Paul R. Kleindorfer, Donald L. Kohn, Howard Kunreuther, Andrew Kuritzkes, Robert H. Litzenberger, Benoit B. Mandelbrot, David M. Modest, Alex Muermann, Mark V. Pauly, Til Schuermann, Kenneth E. Scott, Nassim Nicholas Taleb, and Richard J. Zeckhauser. Introduces a new risk-management paradigm Features contributions by leaders in finance and economics Demonstrates how "killer risks" are often more economic than statistical, and crucially linked to incentives Shows how to invest and design policies amid financial uncertainty

A clear understanding of what we know, don't know, and can't know should guide any reasonable approach to managing financial risk, yet the most widely used measure in finance today--Value at Risk, or VaR--reduces these risks to a single number, creating a false sense of security among risk managers, executives, and regulators. This book introduces a more realistic and holistic framework called KuU --the K nown, the u nknown, and the U nknowable--that enables one to conceptualize the different kinds of financial risks and design effective strategies for managing them. Bringing together contributions by leaders in finance and economics, this book pushes toward robustifying policies, portfolios, contracts, and organizations to a wide variety of KuU risks. Along the way, the strengths and limitations of "quantitative" risk management are revealed. In addition to the editors, the contributors are Ashok Bardhan, Dan Borge, Charles N. Bralver, Riccardo Colacito, Robert H. Edelstein, Robert F. Engle, Charles A. E. Goodhart, Clive W. J. Granger, Paul R. Kleindorfer, Donald L. Kohn, Howard Kunreuther, Andrew Kuritzkes, Robert H. Litzenberger, Benoit B. Mandelbrot, David M. Modest, Alex Muermann, Mark V. Pauly, Til Schuermann, Kenneth E. Scott, Nassim Nicholas Taleb, and Richard J. Zeckhauser. Introduces a new risk-management paradigm Features contributions by leaders in finance and economics Demonstrates how "killer risks" are often more economic than statistical, and crucially linked to incentives Shows how to invest and design policies amid financial uncertainty

Knowable knowns; Unknowable Unknowns is an 82 page creative attempt to merge multiple disparate threads of knowledge together in a sometimes cohesive, sometimes shrouded and thought provoking format. A sprawling mesh of illustrations and writings whose purpose is to point the reader in various often contradictory directions in an attempt to challenge and provoke self contemplation.

Psychopaths aren't capable of love. Find out what happens when they target someone who is, in this insightful and practical book by a woman who was a victim. When we're imagining falling in love none of us thinks that we might fall for a psychopath. We don't even know it's a possibility. Most victims say they believed they had met their soul mate. But as the psychopath gains power and control, what seemed like heaven becomes an ever-worsening emotional hell. Don't let it happen to you. If it already has, don't let it happen again. This book -- which contains the best material from the author's popular blog PsychopathsandLove.com -- will help you gain a clearer understanding of these harmful pathological relationships. Learn what a psychopath is and how to possibly spot one if you're being pursued. Find out what makes you vulnerable. Learn how to tell if you're being manipulated. Finally, get ideas about healing afterward and for preventing it from happening again -- or for the first time. "I wish I could have read this half year ago. Thanks a million." Liu "I cannot tell you how much this has helped me today. I cannot get anything done because I can't stop reading! My whole life has been a mess because of these men. My eyes are finally opened - maybe a bit late, but still opened." SuckerNoMore "Thank you for making me feel sane again." Tom "I wish I had read this years ago; it would have saved me money, heartbreak and pain. I met a one eight years ago and I believed I was with the man of my dreams. It's been a nightmare. I often wondered how I got caught up in this crap but reading about it has open my eyes." Michelle "I truly believe this info saved my life! I thank God I found it and I thank God you are eloquent enough to cut right thru to all the things I have been experiencing with this monster but was never able to verbalize! it felt like you were speaking directly to me! Thank you again for all the incredibly insightful info." Duped "I have no words but thank you so very much!" Anthony "After countless sessions with a therapist this makes more simplistic sense of what I had been going through in marriage. Very insightful and I wish the readers acknowledged. Wellness." Eric "I just want you to know what a valuable service you've provided by creating this site. I stumbled upon it the other day while doing some research on psychopathy in an attempt to understand how the individual I was involved with could do all the things he did. It was such a relief to realize, after reading several of your posts, that this monster who had me believing he was one in a million is actually just one OF a million... psychopaths. He's no more than a common, predictable set of symptoms and patterns. He fits the mold perfectly. I understand better than ever now that none of this was my fault; that he targeted me; and that the mental anguish he put me through was something I could not have resisted if I tried... because I could never be someone who thinks the way he does. Your information helped me realize that fully and take that last step of discarding any last little attempt to "reconcile" the unthinkable." L.B. "Thank you for a brilliant and concise definition of a psychopath. This information is the best I have seen on this topic...I now know I am not crazy. Thank you.

Albert Einstein once remarked that behind all observable things lay something quite unknowable. This book explores that special territory perceived by Einstein: where the unknown takes over from everything that is understandable, familiar, explicable

We are interested in the evolution of hominin diets for several reasons. One is the fundamental concern over our present-day eating habits and the consequences of our societal choices, such as obesity prevalent in some cultures and starvation in others. Another is that humans have learned to feed themselves in extremely varied environments, and these adaptations, which are fundamentally different from those of our closest biological relatives, have to have had historical roots of varying depth. The third, and the reason why most paleoanthropologists are interested in this question, is that a species' trophic level and feeding adaptations can have a strong effect on body size, locomotion, "life history strategies", geographic range, habitat choice, and social behavior. Diet is key to understanding the ecology and evolution of our distant ancestors and their kin, the early hominins. A study of the range of foods eaten by our progenitors underscores just how unhealthy many of our diets are today. This volume brings together authorities from disparate fields to offer new insights into the diets of our ancestors. Paleontologists, archaeologists, primatologists, nutritionists and other researchers all contribute pieces to the puzzle. This volume has at its core four main sections: · Reconstructed diets based on hominin fossils--tooth size, shape, structure, wear, and chemistry, mandibular biomechanics · Archaeological evidence of subsistence--stone tools and modified bones · Models of early hominin diets based on the diets of living primates--both human and non-human, paleoecology, and energetics · Nutritional analyses and their implications for evolutionary medicine New techniques for gleaning information from fossil teeth, bones, and stone tools, new theories stemming from studies of paleoecology, and new models coming from analogy with modern humans and other primates all contribute to our understanding. When these approaches are brought together, they offer an impressive glimpse into the lives of our distant ancestors. The contributions in this volume explore the frontiers of our knowledge in each of these disciplines as they address the knowns, the unknowns, and the unknowables of the evolution of hominin diets.

It's What You Don't Know That Counts Discover the important roles chance and uncertainty play insuccessful strategic planning. In this ingenious work, author RalphD. Stacey shows managers how their companies can benefit from theunexpected developments that impact their business and how they canprepare to creatively leverage the opportunities such developmentspresent. He explains how an appreciation of conflict and teamdialogue can help managers discover and build on the innate energyof their organizations. And he illustrates his theories withreal-world examples from Sony, Kodak, Federal Express and othernoted market innovators.