Two related trends have created novel challenges for managing risk in the United States. The first trend is a series of dramatic changes in liability law as tort law has expanded to assign liability to defendants for reasons other than negligence. The unpredictability of future costs induced by...

Drawing on the transaction cost analysis perspective, this study examines how three types of exchange risks influence performance in exporter-importer exchange relationships. These risks include cultural distance, which gives rise to behavioral uncertainty and its associated measurement problem;...

"Organizations and institutions are looking for implementing data-driven decision-making processes, business process improvement and methods for advancing faster in innovation. This book is about implementing the analytics process to develop a risk management practice that creates competitive...