چگونگي استفاده از تئوري بي نظمي وپيچيدگي در مديريت ريسك و تصميم سازي درمورد ريسك ناشي از آن

HOW TO USE COMPLEXITY AND CHAOS THEORY ON RISK MANAGEMENT AND MAKING DECISION ABOUT RISK

This paper proposes to use complexity and chaos theory in market. These many unpredictable changes in market makes us to use a new method or view what can less risks in markets or help to manager to management these dynamic risks. Risk management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events. Evidently, neoclassical theory, today’s mainstream economic and financial paradigm, has become obsolete for explaining the complexity of financial markets. It shows to how solve problem in just simplifies reality or under ideal or normal conditions. This is especially problematic for risk management, as its objective is to ensure that risks are controlled even in the horrible risky moments. Consequently, this investigation proposes the application of chaos theory to finance. Within this new framework, it would be possible to find a more general, but coherent perspective to study financial phenomena. It would allow managers to understand of dynamic financial behaviors