Probabilistic Risk Analysis and Bayesian Decision Theory

Name: Probabilistic Risk Analysis and Bayesian Decision Theory
Brand: Springer, Berlin
SKU: 9783032145635
Price: 465.18 RON
Availability: PreOrder

With Applications in the Environmental Sciences

Autor: Marcel van Oijen, Mark Brewer

Limbă:

Legare: Carte broșată

Editura: Springer, Berlin

Disponibilitate: Nou în așteptare

Ediția 11. 02. 2027

465.18 lei

The book shows how risk, defined as the statistical expectation of loss, can be formally decomposed...

Informații despre carte

Autor

Marcel van Oijen, Mark Brewer

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

2027

EAN

9783032145635

Enbook ID

50043291

Editura

Springer, Berlin

Dimensiuni

155 x 235

Descriere completă

The book shows how risk, defined as the statistical expectation of loss, can be formally decomposed as the product of two terms: hazard probability and system vulnerability. This requires a specific definition of vulnerability that replaces the many fuzzy definitions abounding in the literature. The approach is expanded to more complex risk analysis with three components rather than two, and with various definitions of hazard. Equations are derived to quantify the uncertainty of each risk component and show how the approach relates to Bayesian decision theory. Intended for statisticians, environmental scientists and risk analysts interested in the theory and application of risk analysis, this book provides precise definitions, new theory, and many examples with full computer code. The approach is based on straightforward use of probability theory which brings rigour and clarity. Only a moderate knowledge and understanding of probability theory is expected from the reader.

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Probabilistic Risk Analysis and Bayesian Decision Theory

With Applications in the Environmental Sciences

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Descriere completă

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