Acknowledgements

Guoqiang Li

I would like to thank the two anonymous reviewers for their careful reading of the book proposal and selected chapters and for providing extremely insightful observations and very beneficial recommendations and suggestions, which have greatly enhanced the accessibility of the book.

I am also grateful to my former colleagues Ding Dai and Lu Zhou for their diligence in reading through various iterations of the manuscript, validating mathematical formulas and verifying references as well as identifying and correcting typos and grammatical errors. As practitioners in the field of risk management themselves, their efforts have greatly improved the quality and readability of the book. Of course, any remaining errors remain my own.

I also thank Sim Segal, founder and director of the Master of Science in Enterprise Risk Management programme at Columbia University’s School of Professional Studies, for offering me the position of lecturer of practice in this program. Teaching at Columbia University was one of the motivations for writing this volume.

I am indebted to my publisher, Risk Books, and its editors, for carefully reading through several iterations of the manuscript and for many useful