Risk, Surprises and Black Swans

Fundamental Ideas and Concepts in Risk Assessment and Risk Management

Nonfiction, Science & Nature, Technology, Engineering, Industrial, Business & Finance, Industries & Professions, Insurance
Cover of the book Risk, Surprises and Black Swans by Terje Aven, CRC Press
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Author: Terje Aven ISBN: 9781317626312
Publisher: CRC Press Publication: August 13, 2014
Imprint: Routledge Language: English
Author: Terje Aven
ISBN: 9781317626312
Publisher: CRC Press
Publication: August 13, 2014
Imprint: Routledge
Language: English

Risk, Surprises and Black Swans provides an in depth analysis of the risk concept with a focus on the critical link to knowledge; and the lack of knowledge, that risk and probability judgements are based on.

Based on technical scientific research, this book presents a new perspective to help you understand how to assess and manage surprising, extreme events, known as ‘Black Swans’. This approach looks beyond the traditional probability-based principles to offer a broader insight into the important aspects of uncertain events and in doing so explores the ways to manage them.

This book recognises the fundamental issues surrounding risk assessment and risk management to help you to understand and prepare for black swan events.

  • Complete with international examples to illustrate ideas and concepts
  • Integrates risk management and resilience based thinking
  • Suitable for a variety of applications including engineering, finance and security.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Risk, Surprises and Black Swans provides an in depth analysis of the risk concept with a focus on the critical link to knowledge; and the lack of knowledge, that risk and probability judgements are based on.

Based on technical scientific research, this book presents a new perspective to help you understand how to assess and manage surprising, extreme events, known as ‘Black Swans’. This approach looks beyond the traditional probability-based principles to offer a broader insight into the important aspects of uncertain events and in doing so explores the ways to manage them.

This book recognises the fundamental issues surrounding risk assessment and risk management to help you to understand and prepare for black swan events.

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