Book Review: Against the Gods-The Remarkable Story of Risk

Book Review: Against the Gods-The Remarkable Story of Risk by Peter L. Bernstein : Publisher- Wiely: ISBN- 13: 978-0471295631

Against the Goods – The Remarkable story of Risk gives historical account of concept of Risk and its development in contemporary economic world. This is primarily addressed to economic and financial professionals but my motive of reading it was to understand Risk in context of Software architecture and project management.

Essentially Game theory and Prospect Theory are very important from Software architecture and its development over the life cycle of any software application. Similarly Game and Prospect theories play important role in Project Management specially in software projects due to volatile employment scenario. Since Software development and management is Human Resource intensive and actors are highly qualified which makes them in demand. This phenomenon must be understood from Game and Prospect Theory.

For any serious software architect and project manager, at least understanding of Game and Prospect Theory is must.

Disclaimer: I did not get paid to review this book, and I do not stand to gain anything if you buy the book. I have no relationship with the publisher or the author.


One can get more information about book and related topics from:

1. Amazon: http://www.amazon.com/Against-Gods-Remarkable-Story-Risk/dp/0471295639
2. Publisher: http://www.wiley.com/WileyCDA/WileyTitle/productCd-0471295639.html
3. Alibris: http://www.alibris.com/search/books/qwork/165523/used/Against%20the%20Gods%3A%20The%20Remarkable%20Story%20of%20Risk
4. Audio Book: http://www.audiobooksonline.com/0671576461.html
5. Flipkart: http://www.flipkart.com/against-gods-peter-l-bernstein-book-0471295639
6. Business Week Review: http://www.businessweek.com/1996/43/b349881.htm
7. Book Review: http://www.ams.org/notices/199901/rev-zabell.pdf
8. One more review: http://www.bainvestor.com/Against-the-gods-story-risk.html
9. Third Review: http://members.cox.net/kdrum/Againstgods.htm
10. New Review: http://www.bos.frb.org/economic//nerr/rr1997/spring/bkrv97_2.htm
11. Review by Insurance Book Review: http://www.insurancebookreview.com/
12. Last Review: http://www.enteleky.com/ag.html
13. Prospect Theory: http://en.wikipedia.org/wiki/Prospect_theory
14. Prospect Theory: http://www.econport.org/econport/request?page=man_ru_advanced_prospect
15. Game Theory: http://en.wikipedia.org/wiki/Game_theory
16. Game Theory: http://levine.sscnet.ucla.edu/general/whatis.htm