"This book answers the need for a contextual, long-term and interpretative analysis of risk from original sources. Risk has historically been a way of imagining what could happen in the future based on expert theories and predictions. This book explores this notion of 'managing the future' by...

Detailed surveys examine risk and uncertainty, from classical and foundational work through current developments. Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance

Preface -- Classical risk model -- Renewal risk model -- Ruin probability estimation -- Extreme value theory -- Regular variation -- Ruin under subexponentiality -- Random sums -- The single big jump -- Ruin under constant interest force -- Absolute ruin -- Discrete dependence model -- Ruin...