Probabilistic Risk Analysis
Foundations and Methods
1st Edition
Published on 30. April 2001
978-1-316-04452-0 (ISBN)
Description
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.
Reviews / Votes
'This is a valuable reference book ... devoid of unnecessary repetition of what has been written earlier by other authors. The book is fresh, neat and comprehensive. I highly recommend it.' Igor Kozine, Risk Decision and Policy 'The presentation is to the point, clear and perfectly highlighted through well chosen practical examples and exercises ... I for one learned a lot from reading this book and whole-heartedly recommend it for its intended readership.' P. A. L. Embrechts, Short Book Reviews '... a text of enormous coverage.' The Mathematical GazetteMore details
Language
English
Place of publication
Cambridge
United Kingdom
Publishing group
Cambridge University Press
Target group
Professional and scholarly
College/higher education
Illustrations
Worked examples or Exercises; 47 Tables, unspecified; 105 Line drawings, unspecified
File size
5,87 MB
ISBN-13
978-1-316-04452-0 (9781316044520)
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Schweitzer Classification
Other editions
Additional editions
Book
04/2001
Cambridge University Press
€126.60
Shipment within 15-20 days
Persons
Content
Part I. Introduction: 1. Probabilistic risk analysis; Part II. Theoretical Issues and Background: 2. What is uncertainty?; 3. Probabilistic methods; 4. Statistical inference; 5. Weibull analysis; Part II. System Analysis and Quantification: 6. Fault and event trees; 7. Fault trees - analysis; 8. Dependent failures; 9. Reliability data bases; 10. Expert opinion; 11. Human reliability; 12. Software reliability; Part IV. Uncertainty Modeling and Risk Measurement: 13. Decision theory; 14. Influence diagrams and belief nets; 15. Project risk management; 16. Probabilistic inversion; 17. Uncertainty analysis; 18. Risk measurement and regulation; Bibliography; Index.
