Scenario Logic And Probabilistic Management Of Risk In Business And Engineering

E.D. Solojentsev ,

ISBN 10: 1402029772 / ISBN 13: 9781402029776

Published by Springer, 2004

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Bibliographic Details

Title: Scenario Logic And Probabilistic Management ...

Publisher: Springer

Publication Date: 2004

Binding: Hardcover

Condition: Brand New

About this title

Synopsis:

In this volume, the methodological aspects of the scenario logic and probabilistic (LP) non-success risk management are considered. The theoretical bases of scenario non-success risk LP-management in business and engineering are also stated. Methods and algorithms for the scenario risk LP-management in problems of classification, investment and effectiveness are described. Risk LP- models and results of numerical investigations for credit risks, risk of frauds, security portfolio risk, risk of quality, accuracy, and risk in multi-stage systems reliability are given. In addition, a rather large number of new problems of estimation, analysis and management of risk are considered. Software for risk problems based on LP-methods, LP-theory, and GIE is described too.

Review:

From the reviews of the second edition:

"The book proposes a uniform logic and probabilistic (LP) approach to risk estimation and analysis in engineering and economics. It covers the methodological and theoretical basis of risk management ... . the book is intended for experts in the field of risk management in business, technical, economic and organisational systems at the stages of design, test, debug and operation. Students, postgraduate students and teachers in economics and engineering fields may also benefit from this book." (Vangelis Grigoroudis, Zentralblatt MATH, Vol. 1156, 2009)