Do not be fooled by the dull appearance of the cover – this is an excellent book. The book is suitable for risk students up to Master’s level. Some of the most interesting points made is human’s flaws in the decision making.process. There are several good examples of paradoxes which show our weakness in making balanced decisions

The author does an excellent job of integrating mathematics into their analysis but without becoming too technical. There is a chapter dedicated to improving risk management which is satisfactory. the missed opportunity here is that the recommendations are very general rather than being more definitive – a good read nonetheless