Operations Research Applications for Decision Analysis and Prediction: Advanced Research and Opportunities for Financial Risk Assessment & Management

“Operations Research Applications for Decision Analysis and Prediction: Advanced Research and Opportunities for Financial Risk Assessment & Management” is a practical book. The book presents applications of Operations Research advanced Decision Analysis and Prediction methods for improving Financial Risk Assessment & Management, and it is purposed for business Risk Managers across industries. The book chapters are Developing a New Medicine Decision Analysis, Oil Drilling Decision Analysis, Decision Analysis of Purchasing Strategy, Decision Analysis for Bidding on a Contract, Predicting Stock Market Direction, Predicting Loan Applicants’ Timely Payments, House Prices Prediction with Linear Regression, and Predicting Churn for Mobile Phone Providers. Author’s distinguished book was recognised and ranked 30 with 4.13 stars in the "100 Best Financial Risk Management Books of All Time" by BookAuthority, motivating to publish the book presented herein. Bernstein stated, “the risk will always be there, so we must explore many interesting tools that can help us to control risks we cannot avoid taking” (Bernstein & Damodaran 1998). The author’s Operations Research Methods are one such tool.