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Risk Analysis in Engineering and Economics 1st Edition by Bilal M Ayyub ISBN 1584883952 9781584883951

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Risk Analysis in Engineering and Economics 1st Edition Bilal M. Ayyub Digital Instant Download

Author(s): Bilal M. Ayyub
ISBN(s): 9781584883951, 1584883952
Edition: 1
File Details: PDF, 6.88 MB
Year: 2003
Language: english
SKU: EB-1297136 Category: Tag:

Risk Analysis in Engineering and Economics 1st Edition by Bilal M Ayyub – Ebook PDF Instant Download/Delivery: 1584883952, 9781584883951
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Product details:

ISBN 10: 1584883952
ISBN 13: 9781584883951
Author: Bilal M Ayyub

More than any other book available, Risk Analysis in Engineering and Economics introduces the fundamental concepts, techniques, and applications of the subject in a style tailored to meet the needs of students and practitioners of engineering, science, economics, and finance. Drawing on his extensive experience in uncertainty and risk modeling and analysis, the author leads readers from the fundamental concepts through the theory, applications, and data requirements, sources, and collection. He emphasizes the practical use of the methods presented and carefully examines the limitations, advantages, and disadvantages of each. Case studies that incorporate the techniques discussed offer a practical perspective that helps readers clearly identify and solve problems encountered in practice.

If you deal with decision-making under conditions of uncertainty, this book is required reading. The presentation includes more than 300 tables and figures, more than 100 examples, many case studies, and a wealth of end-of-chapter problems. Unlike the classical books on reliability and risk assessment, this book helps you relate underlying concepts to everyday applications and better prepares you to understand and use the methods of risk analysis.

Risk Analysis in Engineering and Economics 1st Table of contents:

1. Introduction

  • Societal Needs, Historical Perspectives, Types of Risk, Systems Framework

  • Knowledge and Ignorance (Aleatory & Epistemic Uncertainties)

  • System Abstraction and Cognition

2. Terminology and Fundamental Risk Methods

  • Definitions, Risk Assessment, Risk Events, and Human Factors

  • Risk Treatment, Communication, and Pitfalls

3. System Definition and Structure

  • System Modeling, Hierarchical Definitions, Complexity

4. Failure Probability Assessment

  • Analytical & Simulation Methods, Reliability Models, Bayesian Methods

5. Failure Consequences and Valuations

  • Economic Valuation, Human Life Valuation, Liability, Indirect Losses

6. Engineering Economics and Finance

  • Economic Principles, Interest Calculations, Economic Analysis

7. Risk Treatment and Control Methods

  • Risk Aversion, Insurance, Risk Financing, Loss Control

8. Data for Risk Studies

  • Data Sources, Expert Opinion Elicitation, Data Modeling

9. Risk-Based Maintenance of Marine Vessels (Case Study)

  • Maintenance Policy, Transition Probabilities, Risk-Based Scheduling

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Tags: Bilal M Ayyub, Risk Analysis, Engineering, Economics