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Risk Modeling, Assessment, and Management (Wiley Series in Systems Engineering and Management)

Amazon.com Price:  $144.43 (as of 12/05/2019 16:30 PST- Details)

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Description

Presents systems-based theory, methodology, and applications in risk modeling, assessment, and management

This book examines risk analysis, that specialize in quantifying risk and constructing probabilities for real-world decision-making, including engineering, design, technology, institutions, organizations, and policy. The creator presents fundamental concepts (hierarchical holographic modeling; state space; decision analysis; multi-objective trade-off analysis) in addition to advanced material (extreme events and the partitioned multi-objective risk method; multi-objective decision trees; multi-objective risk have an effect on analysis method; guiding principles in risk analysis); avoids higher mathematics every time imaginable; and reinforces the material with examples and case studies. The book will be used in systems engineering, enterprise risk management, engineering management, industrial engineering, civil engineering, and operations research.

The fourth edition of Risk Modeling, Assessment, and Management features:

  • Expanded chapters on systems-based guiding principles for risk modeling, planning, assessment, management, and communication; modeling interdependent and interconnected complex systems of systems with phantom system models; and hierarchical holographic modeling
  • An expanded appendix including a Bayesian analysis for the prediction of chemical carcinogenicity, and the Farmer’s Quandary formulated and solved the usage of a deterministic linear model
  • Updated case studies including a new case study on sequential Pareto-optimal decisions for emergent complex systems of systems
  • A new companion website online with over 200 solved exercises that feature risk analysis theories, methodologies, and application


Risk Modeling, Assessment, and Management, Fourth Edition, is written for both undergraduate and graduate students in systems engineering and systems management courses. The text also serves as a resource for academic, industry, and government professionals in the fields of hometown and cyber security, healthcare, physical infrastructure systems, engineering, business, and more.

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