Risk Science - An Introduction

Risk science is increasingly important as businesses, policymakers and public sector leaders are tasked with decision-making and investment using varying levels of knowledge and information. This book explores the theory and practice of risk science, providing concepts and tools for understanding and acting under uncertain conditions.

List of contents

1. Illustrative examples
2. What is risk?
3. Measuring and describing risk
4. Basic theory of risk assessment
5. More on risk assessment methods
6. Risk perception
7. Risk communication
8. Basic theory of risk management
9. Methods for balancing different concerns: Decision and cost-benefit analysis
10. General knowledge and experience
11. Integrity and quality of risk studies: Misinformation
12. Cases: Personal, organizational and public

About the author

Terje Aven is Professor of Risk Analysis and Risk Science at the University of Stavanger, Norway.
Shital Thekdi is Associate Professor of Analytics and Operations at the University of Richmond, USA.

Summary

Risk science is increasingly important as businesses, policymakers and public sector leaders are tasked with decision-making and investment using varying levels of knowledge and information. This book explores the theory and practice of risk science, providing concepts and tools for understanding and acting under uncertain conditions.

Product details

• Authors: Terje Aven, Terje (University of Stavanger Aven, Aven Terje, Shital Thekdi
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Released: 26.08.2024
• EAN: 9781032798912
• ISBN: 978-1-0-3279891-2
• No. of pages: 458
• Subjects: Social sciences, law, business > Business > Economics; Economics, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Strategic Planning, BUSINESS & ECONOMICS / Management, MATHEMATICS / Game Theory, TECHNOLOGY & ENGINEERING / Fire Science, TECHNOLOGY & ENGINEERING / Industrial Health & Safety, The environment, business strategy, Science / Environmental Science, Management of specific areas, Risk assessment, BUSINESS & ECONOMICS / Labor / General, Fire protection & safety, Health & safety issues, Health and safety in the workplace