Foundations of Risk Analysis
Language: English
Published by Wiley Apr 2012, 2012
- Hardcover
- New
Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH
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Neuware - Foundations of Risk Analysis presents the issues core to risk analysis - understanding what risk means, expressing risk, building risk models, addressing uncertainty, and applying probability models to real problems. The author provides the readers with the knowledge and basic thinking they require to successfully manage risk and uncertainty to support decision making. This updated edition reflects recent developments on risk and uncertainty concepts, representations and treatment.New material in Foundations of Risk Analysis includes:\* An up to date presentation of how to understand, define and describe risk based on research carried out in recent years.\* A new definition of the concept of vulnerability consistent with the understanding of risk.\* Reflections on the need for seeing beyond probabilities to measure/describe uncertainties.\* A presentation and discussion of a method for assessing the importance of assumptions (uncertainty factors) in the background knowledge that the subjective probabilities are based on\* A brief introduction to approaches that produce interval (imprecise) probabilities instead of exact probabilities.In addition the new version provides a number of other improvements, for example, concerning the use of cost-benefit analyses and the As Low As Reasonably Practicable (ALARP) principle.Foundations of Risk Analysis provides a framework for understanding, conducting and using risk analysis suitable for advanced undergraduates, graduates, analysts and researchers from statistics, engineering, finance, medicine and the physical sciences, as well as for managers facing decision making problems involving risk and uncertainty.…
Seller Inventory # 9781119966975
- Title
- Foundations of Risk Analysis
- Author
- Terje Aven
- Publisher
- Wiley Apr 2012
- Publication year
- 2012
- Condition
- Neu
- Binding
- Buch
- Language
- English
- ISBN 10
- 1119966973
- ISBN 13
- 9781119966975
- Edition
- 2nd Edition
- Item weight
- 494 grams
- Dimensions
- 229x152x14 mm
Foundations of Risk Analysis presents the issues core to risk analysis – understanding what risk means, expressing risk, building risk models, addressing uncertainty, and applying probability models to real problems. The author provides the readers with the knowledge and basic thinking they require to successfully manage risk and uncertainty to support decision making. This updated edition reflects recent developments on risk and uncertainty concepts, representations and treatment.
New material in Foundations of Risk Analysis includes:
- An up to date presentation of how to understand, define and describe risk based on research carried out in recent years.
- A new definition of the concept of vulnerability consistent with the understanding of risk.
- Reflections on the need for seeing beyond probabilities to measure/describe uncertainties.
- A presentation and discussion of a method for assessing the importance of assumptions (uncertainty factors) in the background knowledge that the subjective probabilities are based on
- A brief introduction to approaches that produce interval (imprecise) probabilities instead of exact probabilities.
In addition the new version provides a number of other improvements, for example, concerning the use of cost-benefit analyses and the As Low As Reasonably Practicable (ALARP) principle.
Foundations of Risk Analysis provides a framework for understanding, conducting and using risk analysis suitable for advanced undergraduates, graduates, analysts and researchers from statistics, engineering, finance, medicine and the physical sciences, as well as for managers facing decision making problems involving risk and uncertainty.
"Synopsis" may belong to another edition of this title.
About the Author
Terje Aven, University of Stavanger, Norway.
"About the title" may belong to another edition of this title.
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last update: 01/06/2022
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last updated: 01/06/2022