Foundations of Risk Analysis: A Knowledge and Decision-Oriented Perspective (repost)
Terje Aven, "Foundations of Risk Analysis: A Knowledge and Decision-Oriented Perspective "
Wiley | 2003 | ISBN: 0471495484 | 206 pages | PDF | 1 MB
Wiley | 2003 | ISBN: 0471495484 | 206 pages | PDF | 1 MB
Everyday we face decisions that carry an element of risk and uncertainty. The ability to analyse, communicate and control the level of risk entailed by these decisions remains one of the most pressing challenges to the analyst, scientist and manager. This book presents the foundational issues in risk analysis - expressing risk, understanding what risk means, building risk models, addressing uncertainty, and applying probability models to real problems. The principal aim of the book is to give the reader the knowledge and basic thinking they require to approach risk and uncertainty to support decision making.