Description
Risk Management for Individuals and Enterprises introduces one of the most critical topics of study for 21st century students. This book covers how individuals, businesses, countries, and the global marketplace as a whole are at risk from natural and human-generated disasters and what can be done to minimize such risk. Every chapter is focused on risk management aspects and while many solutions include insurance, a main objective of this textbook is to ensure students realize that insurance is only one of many possible risk management solutions. The authors leverage their extensive and diverse teaching experience and research and draw on core knowledge bases from law, engineering, finance, economics, medicine, psychology, accounting, mathematics, statistics, and other fields to create a holistic decision-making framework that is sustainable and valuable to students.