Overview
Presents innovative analysis applying lessons from the 2007-2008 financial crisis to risk management issues in national security
Offers incisive suggestions for improving national security risk strategy
Casts new light on how skewed incentives, cognitive biases, groupthink, and other human factors have led to excessive risk-taking and should be understood with caution
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Table of contents (14 chapters)
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Front Matter
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Background
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Front Matter
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Lessons of the Crisis—The Character of Risk
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Front Matter
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Toward Improved Risk Practices
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Front Matter
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Back Matter
Keywords
About this book
Reviews
“This book is both extraordinarily relevant and timely for today's policy makers. The complexities of strategy development and decision making under conditions of uncertainty are not going away. Doing strategy right is hard, but as Mazarr shows, incorporating a better conception of risk is essential.” (Frank Hoffman, Senior Research Fellow, Center for Strategic Research, Institute for National Strategic Studies, National Defense University, USA)
“The financial industry remains haunted by a systemic failure of firms, regulators, and other market participants to recognize emerging risks that nearly brought down the global economy. This book could not have arrived at a better moment in history, having the financial crisis to use as a model for strengthening national security risk management at a critical time.” (Clifford Rossi, Executive-in-Residence and Professor of the Practice at the Robert H. Smith School of Business, University of Maryland, USA)
Authors and Affiliations
About the author
Bibliographic Information
Book Title: Rethinking Risk in National Security
Book Subtitle: Lessons of the Financial Crisis for Risk Management
Authors: Michael J. Mazarr
DOI: https://doi.org/10.1007/978-1-349-91843-0
Publisher: Palgrave Macmillan New York
eBook Packages: Political Science and International Studies, Political Science and International Studies (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2016
Hardcover ISBN: 978-1-349-91841-6Published: 28 April 2016
Softcover ISBN: 978-1-349-94887-1Published: 27 April 2016
eBook ISBN: 978-1-349-91843-0Published: 18 May 2016
Edition Number: 1
Number of Pages: IX, 246
Topics: Military and Defence Studies, Risk Management, Political Theory, Comparative Politics, Statistics for Business, Management, Economics, Finance, Insurance, Behavioral/Experimental Economics