{"product_id":"foundations-of-risk-analysis-terje-aven-9781119966975","title":"Foundations of Risk Analysis","description":"\u003cp\u003e\u003ci\u003eFoundations of Risk Analysis\u003c\/i\u003e 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 makin\u003ci\u003eg.\u003c\/i\u003e This updated edition reflects recent developments on risk and uncertainty concepts, representations and treatment.\u003c\/p\u003e \u003cp\u003eNew material in \u003ci\u003eFoundations of Risk Analysis\u003c\/i\u003e includes: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eAn up to date presentation of how to understand, define and describe risk based on research carried out in recent years. \u003c\/li\u003e \u003cli\u003eA new definition of the concept of vulnerability consistent with the understanding of risk.\u003c\/li\u003e \u003cli\u003eReflections on the need for seeing beyond probabilities to measure\/describe uncertainties.\u003c\/li\u003e \u003cli\u003eA 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\u003c\/li\u003e \u003cli\u003eA brief introduction to approaches that produce interval (imprecise) probabilities instead of exact probabilities.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eIn 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.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFoundations of Risk Analysis\u003c\/i\u003e 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.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Terje Aven\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1119966973\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781119966975\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Wiley\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 03\/16\/2012\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 240\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.09lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.56d","brand":"Terje Aven","offers":[{"title":"Hardcover","offer_id":48087643750655,"sku":"9781119966975","price":80.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_52f56bde-eb1c-4740-a3a7-cad3b6167d60.jpg?v=1769100714","url":"https:\/\/www.whiterainbookhouse.com\/products\/foundations-of-risk-analysis-terje-aven-9781119966975","provider":"WR Book House","version":"1.0","type":"link"}