This website uses technical, customisation and analytical cookies, both first-party and third-party, to anonymously facilitate browsing and analyse statistics on use of the website. Learn more
UEFA Euro 2008 (Portuguese Version, Brazil)
-
Reference: AD-322-PB
-
Year: 2008
-
Number of pages: 4
-
Geographic Setting: España
-
Publication Date: Apr 29, 2011
-
Source: IESE (España)
-
Type of Document: Case
Description
This case deals with the valuation of the risk involved in a particular business situation, and how to hedge that risk by means of insurance. It allows to show the strength of Monte Carlo simulation when dealing with complex risks. It also allows to explain a frequent bias in the decision making process.