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Pandora’s Risk: Uncertainty at the Core of Finance
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(c) 2025 Columbia University Press. All Rights reserved.
Page 7
Table of Contents
Page 9
Preface
Page 15
Acknowledgments
Page 17
List of Abbreviations
Page 21
1. Introduction
Page 34
2. The Ultimate Confidence Game
Page 48
3. Great Expectations
Page 60
4. Sustainable Debt
Page 73
5. The Midas Touch
Page 86
6. Safety in Numbers
Page 99
7. When God Changes Dice
Page 112
8. Credit-ability
Page 125
9. Insecuritization
Page 139
10. Risks in Value-at-Risk
Page 152
11. Resizing Risks
Page 165
12. Conclusions
Page 177
Appendix
Page 283
References
Page 295
Index
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Preface (6)
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Acknowledgments (2)
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List of Abbreviations (4)
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1. Introduction (13)
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2. The Ultimate Confidence Game (14)
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3. Great Expectations (12)
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4. Sustainable Debt (13)
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5. The Midas Touch (13)
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6. Safety in Numbers (13)
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7. When God Changes Dice (13)
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8. Credit-ability (13)
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9. Insecuritization (14)
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10. Risks in Value-at-Risk (13)
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11. Resizing Risks (13)
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12. Conclusions (12)
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Appendix (106)
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References (12)
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Index (10)
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contents Preface ix Ac know ledg mentsxv Abbreviations xvii 1 Introduction 1 2 The Ultimate Confi 14 dence Game 3 Great Expectations 28 4 Sustainable Debt 40 5 The Midas Touch 53 6 Safety in Numbers 66 7 When God Changes Dice 79 8 Credit-ability 92
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Pandora’s Risk: Uncertainty at the Core of Finance
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(c) 2025 Columbia University Press. All Rights reserved.
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Pandora’s Risk: Uncertainty at the Core of Finance
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(c) 2025 Columbia University Press. All Rights reserved.
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