ИПИ Библиотека

Francis X. Diebold , Neil A. Doherty , Richard J. Herring

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...

Gordon Tullock, Gordon L. Brady, Arthur Seldon

When market forces fail us, what are we to do? Who will step in to protect the public interest? The government, right? Wrong. The romantic view of bureaucrats coming to the rescue confuses the true...