Reflections on the Production, Management and Measurement of (Primarily Financial) Risk Andrew Cornford

In this article, the author discusses the evolution of prediction and of the control and measurement of risk with the aim of providing a historical perspective on regulation and risk management for today’s financial sector. The paper includes concluding observations on the way in which changes in risk management have had effects on financial firms and those who work for them with implications for ethical dimensions of their performance.

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