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Probabilistic Risk Analysis: Foundations and Methods (Hardback)
$92.15 - Save $4.84 (4%) - RRP $96.99 Free delivery worldwide (to United States and
all these other countries) Usually dispatched within 48 hours | |Short Description for Probabilistic Risk AnalysisGraduate level textbook on probabilistic risk analysis, aimed at statisticians, operations researchers and engineers.
Full description- Publisher: CAMBRIDGE UNIVERSITY PRESS
- Published: 30 April 2001
- Format: Hardback 414 pages
- See: Full bibliographic data
- Categories: Probability & Statistics | Linear Programming | Engineering: General | Industrial Quality Control | Reliability Engineering
- ISBN 13: 9780521773201 ISBN 10: 0521773202
- Sales rank: 299,099
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Full description for Probabilistic Risk Analysis
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.
