Risk Analysis in Engineering and Economics

Risk Analysis in Engineering and Economics

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More than any other book available, Risk Analysis in Engineering and Economics introduces the fundamental concepts, techniques, and applications of the subject in a style tailored to meet the needs of students and practitioners of engineering, science, economics, and finance. Drawing on his extensive experience in uncertainty and risk modeling and analysis, the author leads readers from the fundamental concepts through the theory, applications, and data requirements, sources, and collection. He emphasizes the practical use of the methods presented and carefully examines the limitations, advantages, and disadvantages of each. Case studies that incorporate the techniques discussed offer a practical perspective that helps readers clearly identify and solve problems encountered in practice. If you deal with decision-making under conditions of uncertainty, this book is required reading. The presentation includes more than 300 tables and figures, more than 100 examples, many case studies, and a wealth of end-of-chapter problems. Unlike the classical books on reliability and risk assessment, this book helps you relate underlying concepts to everyday applications and better prepares you to understand and use the methods of risk analysis.models, 58, 119-166, see System models set theory, 167 structural adequacy, 170 success criteria, 45-46 system boundaries, 45, 54-55, 57 System engineering, 120-121 NASA lifecycle model, 153-158 process modeling, 150- 153 alternativeanbsp;...

Title:Risk Analysis in Engineering and Economics
Author:Bilal M. Ayyub
Publisher:CRC Press - 2003-06-26


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