Black Gold, Black Swans: The importance of the unexpected for the future of energy (PDF)
(Sprache: Englisch)
The present study is the result of the attempt to subject the socio-economic world of energy to an analysis regarding a phenomenon called the 'Black Swan'. This concept has been made popular by Nassim Nicholas Taleb, who has become a widely cited point of...
sofort als Download lieferbar
Printausgabe 34.99 €
eBook (pdf) -29%
24.99 €
- Lastschrift, Kreditkarte, Paypal, Rechnung
- Kostenloser tolino webreader
Produktdetails
Produktinformationen zu „Black Gold, Black Swans: The importance of the unexpected for the future of energy (PDF)“
The present study is the result of the attempt to subject the socio-economic world of energy to an analysis regarding a phenomenon called the 'Black Swan'. This concept has been made popular by Nassim Nicholas Taleb, who has become a widely cited point of reference ever since the beginning of the financial crisis in 2007. The underlying assumption is, that against commonly held believe, it is not a long chain of incremental and statistically relevant events that constitutes history, but a seemingly insignificant number of outliers, or hence, 'Black Swans'. Consequently, the study focuses on a critical examination of the strategic prediction models used in the energy business today, which are mainly based on driver based models. These models try to predict future price and value chain developments, ultimately searching for a strategic direction. This study questions this approach by showing that time and again similar predictions have been rendered obsolete by real developments. Based on the findings of this historical analysis, the study raises the question, whether it is possible to draw any practical conclusions for the future, discussing methods, which could provide protection from 'Black Swan' events.
Autoren-Porträt von Ullrich Müller
Ullrich Müller holds a Magister Artium in Political Sciences and History of the University of Potsdam, Germany, and an Executive MBA of Corvinus University School of Management Budapest, Hungary. His past studies covered a variety of fields in Internation
Bibliographische Angaben
- Autor: Ullrich Müller
- 2013, 1. Auflage, 62 Seiten, Englisch
- Verlag: Diplomica Verlag
- ISBN-10: 3954895854
- ISBN-13: 9783954895854
- Erscheinungsdatum: 17.12.2013
Abhängig von Bildschirmgröße und eingestellter Schriftgröße kann die Seitenzahl auf Ihrem Lesegerät variieren.
eBook Informationen
- Dateiformat: PDF
- Größe: 0.45 MB
- Ohne Kopierschutz
Sprache:
Englisch
Kommentar zu "Black Gold, Black Swans: The importance of the unexpected for the future of energy"
0 Gebrauchte Artikel zu „Black Gold, Black Swans: The importance of the unexpected for the future of energy“
| Zustand | Preis | Porto | Zahlung | Verkäufer | Rating |
|---|
Schreiben Sie einen Kommentar zu "Black Gold, Black Swans: The importance of the unexpected for the future of energy".
Kommentar verfassen