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Scenario Logic and Probabilistic Management of Risk in Business and Engineering

Scenario Logic and Probabilistic Management of Risk in Business and Engineering

Hardcover

Series: Springer Optimization and Its Applications, Book 20

FictionEconomicsInvesting & Finance

ISBN10: 0387779450
ISBN13: 9780387779454
Publisher: Springer Nature
Published: Nov 26 2008
Pages: 450
Weight: 1.75
Height: 1.10 Width: 6.40 Depth: 9.30
Language: English

This book proposes a uniform logic and probabilistic (LP) approach to risk estimation and analysis in engineering and economics. It covers the methodological and theoretical basis of risk management at the design, test, and operation stages of economic, banking, and engineering systems with groups of incompatible events (GIE). This edition includes new chapters providing a detailed treatment of scenario logic and probabilistic models for revealing bribes. It also contains clear definitions and notations, revised sections and chapters, an extended list of references, and a new subject index, as well as more than a hundred illustrations and tables which motivate the presentation.

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