金融学第二版讲义大纲及课后习题答案详解第十章.docxVIP

CHAPTER 10 AN OVERVIEW OF RISK MANAGEMENT Objectives ? To explore how risk affects finan cial decisi on-mak ing. ? To provide a con ceptual framework for the man ageme nt of risk. ? To explain how the financial system facilitates the efficient allocation of risk-bearing. Outline What Is Risk? Risk and Econo mic Decisi ons The Risk Ma nageme nt Process The Three Dime nsions of Risk Tran sfer Risk Tran sfer and Econo mic Efficie ncy In stituti ons for Risk Man ageme nt Portfolio Theory: Quan titative An alysis for Optimal Risk Man ageme nt Probability Distributions of Returns Summary Risk is def