Riccardo Rebonato on Risk Management and the Crisis
Podcast: EconTalkPublished On: Mon Jun 08 2009
Description: Riccardo Rebonato of the Royal Bank of Scotland and author of Plight of the Fortune Tellers talks with EconTalk host Russ Roberts about the challenges of measuring risk and making decisions and creating regulation in the face of risk and uncertainty. Rebonato's book, written before the crisis, argues that risk managers often overestimate the reliability of the measures they use to assess risk. In this conversation, Rebonato applies these ideas to the crisis and to the challenges of designing effective regulation.
The note was deleted
The note was saved
Your message was sent