A Behavioral and Cognitive Approach to Enterprise Risk Management
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This textbook underscores the vital alignment of behavioral economics with enterprise risk management (ERM), challenging traditional models predicated solely on rational decision-making. The text assumes minimal familiarity with behavioral economics and neuroscience, and some familiarity with ERM concepts and frameworks. It encourages a deep comprehension of cognitive biases and heuristics and is well-suited for graduate-level courses exploring enterprise risk management and business decision-making.
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This textbook underscores the vital alignment of behavioral economics with enterprise risk management (ERM), challenging traditional models predicated solely on rational decision-making. The text assumes minimal familiarity with behavioral economics and neuroscience, and some familiarity with ERM concepts and frameworks. It encourages a deep comprehension of cognitive biases and heuristics and is well-suited for graduate-level courses exploring enterprise risk management and business decision-making.
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This textbook underscores the vital alignment of behavioral economics with enterprise risk management (ERM), challenging traditional models predicated solely on rational decision-making. The text assumes minimal familiarity with behavioral economics and neuroscience, and some familiarity with ERM concepts and frameworks. It encourages a deep comprehension of cognitive biases and heuristics and is well-suited for graduate-level courses exploring enterprise risk management and business decision-making.
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