Risk Modeling for Determining Value and Decision Making: 1st Edition (e-Book) book cover

Risk Modeling for Determining Value and Decision Making

1st Edition

By Glenn Koller

Chapman and Hall/CRC

336 pages

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Hardback: 9781584881674
pub: 2000-05-17
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eBook (VitalSource) : 9780429074950
pub: 2000-05-17
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Risk or uncertainty assessments are used as aids to decision making in nearly every aspect of business, education, and government. As a follow-up to the author's bestselling Risk Assessment and Decision Making in Business and Industry: A Practical Guide, Risk Modeling for Determining Value and Decision Making presents comprehensive examples of risk

Table of Contents

Introduction. Two Approaches to Solving Decision Trees-a Class-Action Suit Example. Terrorism Risk Models-Relative and Absolute Risk. Gathering Information Consistently in an Inconsistent World. New Manufacturing Facility- Business-Justification Model. Oil-Field-Development Investment-Opportunity Risk Model. Using Chance of Failure and Risk-Weighted values to Reflect the Effect of "Soft" Issues on the Value of an Opportunity. Production-Sharing Agreement Risk Model. Scheduling and Optimization Risk Model. Decision/Option-Selection Risk Model. Risk Process to Identify Business Drivers, Maximize Value, and Determine the Value of Potential Expenditures. Summary. Building a Consensus Model. Building a Contributing-Factor Diagram. Monte Carlo Analysis. Decisions and Distributions. Chance of Failure. Time Series Analysis and Dependence. Risk-Weighted Values and Sensitivity Analysis

Subject Categories

BISAC Subject Codes/Headings:
MATHEMATICS / Probability & Statistics / General