MARC Record from Library of Congress

LEADER: 01851cam a2200253 a 4500
001 2009052137
003 DLC
005 20100817111113.0
008 100105s2010 enka b 001 0 eng
010 $a 2009052137
020 $a9780470683880 (cloth)
020 $a0470683880 (cloth)
035 $a(OCoLC)ocn436030623
040 $aDLC$cDLC$dYDX$dYDXCP$dBWK$dBWX$dDLC
050 00 $aHD61$b.A9376 2010
082 00 $a658.15/5$222
100 1 $aAven, T.$q(Terje)
245 10 $aMisconceptions of risk /$cTerje Aven.
260 $aChichester, West Sussex, U.K. :$bWiley,$c2010.
300 $aviii, 240 p. :$bill. ;$c24 cm.
504 $aIncludes bibliographical references and index.
505 0 $aRisk is equal to the expected value -- Risk is a probability or probability distribution -- Risk equals a probability distribution quantile (value-at-risk) -- Risk equals uncertainty -- Risk is equal to an event -- Risk equals expected disutility -- Risk is restricted to the case of objective probabilities -- Risk is the same as risk perception -- Risk relates to negative consequences only -- Risk is determined by the historical data -- Risk assessments produce an objective risk picture -- There are large inherent uncertainties in risk analyses -- Model uncertainty should be quantified -- It is meaningful and useful to distinguish between stochastic and epistemic uncertainties -- Bayesian analysis is based on the use of probability models and Bayesian updating -- Sensitivity analysis is a type of uncertainty analysis -- The main objective of risk management is risk reduction -- Decision-making under uncertainty should be based on science (analysis) -- The precautionary principle and risk management cannot be meaningfully integrated -- Conclusions.
650 0 $aRisk assessment$xStatistical methods.
650 0 $aRisk management$xStatistical methods.