Some of these are quite old, but the fundamentals of risk assessment and risk management haven't changed, even if some new risks have appeared and some other risks are easier to mitigate.
This book contains musings on random events and its effects on the market (and life in general) by a professional trader, Nassim Taleb. There are thoughts here which I found quite profound concerning the nature of inductive logic (reasoning from events to rules), as well as interesting examples and explanations of how we allow ourselves to be fooled by random phenomena.
Taleb is particlarly fascinated by what he describes as the Black Swan Problem. We see lots of swans. All of them are white. We infer that all swans are white. Unfortunately we have never been to Australia, where the swans are black as well. If we build our trading systems on such principles will the appearance of a black swan wipe us out?
The style of writing here is collection of literate musings and digressions which I rather liked but, judging by Amazon reviews, it appears to irk some readers.
There are disasters that affect the individual. There are disasters that affect an organization. And then there are disasters that affect the human race. It is this third type of disaster that interests Posner: more specifically, disasters that can wipe out the entire human species. The author discusses the possible causes of such catastrophes (natural and man-made), and the possible regulatory frameworks required to prevent or mitigate disaster. The difficulties of using cost/benefit analysis with low-probability very high consequence events are also covered.
A general interest book unless you are concerned with national (or international) policy.
This book aims to give balanced information on the fifty most talked about hazards in daily life. Each risk is presented along with background information and a discussion of the consequences and likelihood of exposure.
Although you may not agree with all their risk assessments, the information is presented in sufficient detail (along with references) that you can reach your own conclusions.
Although aimed at personal risks rather than business risks, this book presents excellent examples of how to analyze and report a risk.
Note that (as the authors clearly state) this is a book about the most talked about risks, not necessarily the ones which are most likely to kill you. Interesting tables in the Appendix correct this deficiency. Did you know that in the USA your lifetime odds of being killed in a car accident are 1 in 88? Or that a truck driver is about six times more likely to be killed on the job as a police officer?
A collections of musings on risk in everyday life. The title comes from the author's jumping-off point: an expedition in the arctic which discovers that there is a risk of meeting a polar bear, but has never encountered one before. How should the unknown risk be assessed?
It has been said that a picture is worth a thousand words. Unfortunately Ross provides the thousand words in place of the picture or diagram. Some of the discussions are therefore more difficult to follow than they should be, and the presentation of data in prose rather than tabular format is often irksome.
Some interesting discussions on the complexity of risk nonetheless.