2nd Edition

Risk Science An Introduction

By Terje Aven, Shital Thekdi Copyright 2025
448 Pages 66 B/W Illustrations
by Routledge

448 Pages 66 B/W Illustrations
by Routledge

448 Pages 66 B/W Illustrations
by Routledge

Risk science is becoming increasingly important as businesses, policymakers and public sector leaders are tasked with decision-making and investment using varying levels of knowledge and information. Risk Science: An Introduction explores the theory and practice of risk science, providing concepts and tools for understanding and acting under conditions of uncertainty. The chapters in this... Read more

1. Illustrative examples 

2. What is risk? 

3. Measuring and describing risk   

4. Basic theory of risk assessment 

5. More on risk assessment methods 

6. Risk perception 

7. Risk communication 

8. Basic theory of risk management 

9. Methods for balancing different concerns: Decision and cost-benefit analysis 

10. General knowledge and experience 

11. Integrity and quality of risk studies: Misinformation 

12. Cases: Personal, organizational and public 

Biography

Terje Aven is Professor of Risk Analysis and Risk Science at the University of Stavanger, Norway.

Shital Thekdi is Associate Professor of Analytics and Operations at the University of Richmond, USA.