Risk Analysis in Engineering and Economics

Product Description

Risk Analysis in Engineering and Economics is required reading for decision making under conditions of uncertainty. The author describes the fundamental concepts techniques and applications of the subject in a style tailored to meet the needs of students and practitioners of engineering science economics and finance. Drawing on his extensive experience in uncertainty and risk modeling and analysis the author covers everything from basic theory and key computational algorithms to data needs sources and collection. He emphasizes practical use of the methods presented and carefully examines the limitations advantages and disadvantages of each to help readers translate the discussed techniques …