SECTION ONE FOUNDATIONS OF RISK MANAGEMENT ; 1. Investment Risk Management: An Overview ; H. Kent Baker and Greg Filbeck ; 2. Measuring and Managing Risk ; Raimund M. Kovacevic, Georg Ch. Pflug, and Alois Pichler ; 3. How Risk Management Adds Value ; M. Martin Boyer and Monica Marin ; 4. Accounting and Risk Management ; Mark Bradshaw and Bjorn Jorgensen ; SECTION TWO TYPES OF RISK ; 5. Market Risk ; Ramon P. Degennaro and Chanaka P. Edirisinghe ; 6. Credit Risk Measurement and Management ; Norbert J. Jobst ; 7. Operational Risk ; Pavel V. Shevchenko ; 8. Liquidity Risk ; Kose John, Samir Saadi, and Hui Zhu ; 9. Country Risk: Determinants, Measures, and Implications ; Aswath Damodaran ; 10. Systemic Risk ; Andreas Krause ; 11. Behavioral Risk ; M. Martin Boyer, Franca Glenzer, and Samuel Ouzan ; 12. Governance Risk: A Guide for Investors ; Didier Cossin ; 13. Inflation Risk: Causes and Instruments for Protection ; Claus Huber, Felix Gasser, and Nicolas Burkler ; 14. Risk Aggregation and Capital Management ; Sumit Mathur ; SECTION THREE QUANTITATIVE ASSESSMENT OF RISK ; 15. Value-at-Risk and Other Risk Measures ; Markus Lieppold ; 16. Stress Testing ; Martin ?ihak ; 17. Risk Management and Regulation ; David E. Allen, Robert J. Powell, and Abhay K. Singh ; 18. Risk Budgeting ; Gregg Fisher, Tim Nguyen, and Cristian I. Tiu ; 19. Risk-Adjusted Performance Measurement ; Pilar Grau Carles ; 20. Risk Attribution Analysis ; Philippe Bertrand ; SECTION FOUR RISK AND ASSET CLASSES ; 21. Risk and Mortgage-Backed Securities in a Time of Transition ; Harold C. Barnett ; 22. Credit Value Adjustment ; James T. Moser ; 23. Risk Management and Hedge Funds ; Razvan Pascalau ; SECTION FIVE HEDGING RISK ; 24. Options ; Kit Pong Wong, Greg Filbeck, and H. Kent Baker ; 25. Trading Futures to Manage Risk ; Ludwig B. Chincarini ; 26. Swaps ; Dimitris Tsouknidis and Elias Boukrami ; 27. The Economics of Credit Derivatives ; Udo Broll, Simone Raab, and Peter Welzel ; 28. Foreign Exchange Derivatives in Frontier Markets ; Othmane Boukrami and Bert van Lier ; SECTION SIX GOING FORWARD ; 29. Risk Management and Financial Disasters ; Gabriele Sabato ; 30. The Future of Risk Management ; Hunter M. Holzhauer.