"Quantitative risk assessments cannot eliminate risk, nor can they resolve trade-offs. They can, however, guide principled risk management and reduction - if the quality of assessment is high and decision makers understand how to use it. This book builds a unifying scientific framework for...

Foundations of Risk Analysis presents the issues core to risk analysis - understanding what risk means, expressing risk, building risk models, addressing uncertainty, and applying probability models to real problems. The author provides the readers with the knowledge and basic thinking they...

The practice of risk analysis and management involves uncertainty. When negative risk events occur, as they often do, it’s not apparent whether the event resulted from properly conducted risk analysis and management, or from improper work, intent to mislead, or other types of misinformation....