PROBABILISTIC RISK ANALYSIS by Tim Bedford, Roger Cooke ( 9780511813597 )

Item Details

Title:

PROBABILISTIC RISK ANALYSIS
FOUNDATIONS AND METHODS

By:

Format:

Electronic book text

List price:	£162.00
We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10:

0511813597

ISBN 13:

9780511813597

Publisher:

CAMBRIDGE UNIVERSITY PRESS

Pub. date:

5 June, 2012

Description:

A graduate level textbook on probabilistic risk analysis, aimed at statisticians, operations researchers and engineers.

Synopsis:

Probabilistic risk analysis aims to quantify the risk caused by high technology installations. Increasingly, such analyses are being applied to a wider class of systems in which problems such as lack of data, complexity of the systems, uncertainty about consequences, make a classical statistical analysis difficult or impossible. The authors discuss the fundamental notion of uncertainty, its relationship with probability, and the limits to the quantification of uncertainty. Drawing on extensive experience in the theory and applications of risk analysis, the authors focus on the conceptual and mathematical foundations underlying the quantification, interpretation and management of risk. They cover standard topics as well as important new subjects such as the use of expert judgement and uncertainty propagation. The relationship of risk analysis with decision making is highlighted in chapters on influence diagrams and decision theory. Finally, the difficulties of choosing metrics to quantify risk, and current regulatory frameworks are discussed.

Illustrations:

105 b/w illus. 47 tables 76 exercises

Publication:

Imprint:

Cambridge University Press (Virtual Publishing)

Returns:

Non-returnable

Some other items by this author:

CLASSICAL ALGEBRA (PB)

DUKES AND LILLYWHITES (PB)

ENGINEERING PROBABILISTIC DESIGN AND MAINTENANCE FOR FLOOD PROTECTION (HB)

GETTING READY FOR BENJAMIN (HB)