DownloadThe Portobello Bookshop Gift Guide 2024

Quantitative Risk Assessment

The Scientific Platform

Terje Aven author

Format:Hardback

Publisher:Cambridge University Press

Published:3rd Mar '11

Currently unavailable, and unfortunately no date known when it will be back

Quantitative Risk Assessment cover

Enables readers to improve risk assessments and how they use them, by grounding their practice on scientific principles.

Quantitative risk assessments cannot eliminate risk, but they can guide principled risk management. This book provides a scientific framework for evaluating the quality of risk assessments and whether they are fit for purpose. For professionals, as well as graduate students and researchers. Includes examples throughout, and three extended case studies.Quantitative risk assessments cannot eliminate risk, nor can they resolve trade-offs. They can, however, guide principled risk management and reduction - if the quality of assessment is high and decision makers understand how to use it. This book builds a unifying scientific framework for discussing and evaluating the quality of risk assessments and whether they are fit for purpose. Uncertainty is a central topic. In practice, uncertainties about inputs are rarely reflected in assessments, with the result that many safety measures are considered unjustified. Other topics include the meaning of a probability, the use of probability models, the use of Bayesian ideas and techniques, and the use of risk assessment in a practical decision-making context. Written for professionals, as well as graduate students and researchers, the book assumes basic probability, statistics and risk assessment methods. Examples make concepts concrete, and three extended case studies show the scientific framework in action.

'… a timely topic, and a very interesting book … It is very detailed and academically rigorous …' Charles K. Davis, Reviews.com
'The book provides a scientific framework apt to evaluate the quality of risk assessments and in particular their flexibility to specifically required purposes … The book gives useful tools for graduate students and researchers as well for professionals.' Zentralblatt MATH

ISBN: 9780521760577

Dimensions: 255mm x 180mm x 15mm

Weight: 570g

224 pages