Principles of Risk Analysis: Decision Making Under Uncertainty, 2nd Edition (Hardback) book cover

Principles of Risk Analysis

Decision Making Under Uncertainty, 2nd Edition

By Charles Yoe

CRC Press

816 pages | 267 B/W Illus.

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Hardback: 9781138478206
pub: 2019-02-11
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The field of risk science continues to expand and grow and the second edition of Principles of Risk Analysis: Decision Making Under Uncertainty responds to several significant changes in the market. The changes identified will be addressed through the addition of several new chapters. The language will be updated throughout the text and the book features several areas of expansion. As before, this book will continue to appeal to professionals who want to learn and apply risk science in their own professions. Remaining a discipline free guide to the principles of risk analysis that is accessible to all interested practitioners will remain a hallmark of this book.

Table of Contents


About the Author

Chapter 1 The Basics

Chapter 2 Uncertainty

Chapter 3 Risk Management

Chapter 4 Risk Assessment

Chapter 5 Risk Communication

Chapter 6 Enterprise Risk Management

Chapter 7 Problem Identification for Risk Management

Chapter 8 Brainstorming

Chapter 9 Economics of Risk Management

Chapter 10 Risk Assessor’s Toolbox

Chapter 11 The Art and Practice of Risk Assessment Modeling

Chapter 12 Probability Review

Chapter 13 Choosing a Probability Distribution

Chapter 14 Characterizing Uncertainty through Expert Elicitation

Chapter 15 Monte Carlo Process

Chapter 16 Probabilistic Scenario Analysis

Chapter 17 Sensitivity Analysis

Chapter 18 Presenting and Using Assessment Results

Chapter 19 Decision Making Under Uncertainty

Chapter 20 Message Development

Chapter 21 Telling Your Story

Chapter 22 Example Applications

Appendix A: Using Palisade’s DecisionTools® Suite


About the Author


Charles Yoe, PhD is a professor of economics at Notre Dame of Maryland University, Baltimore, U.S.A., and an independent risk analysis consultant and trainer. Working extensively for U.S. and other government agencies as a consultant and risk analyst, his wide range of risk experience includes international trade, food safety, natural disasters, public works, homeland security, ecosystem restoration, resource development, navigation, planning, and water resources. As a consultant to private industry, his work includes a discrete but wide variety of concerns. He has trained professionals from more than one hundred countries in risk analysis and conducted customized risk training programs for government agencies and private industry in over two dozen nations.

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