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Author: Marjolein B.A. van Asselt Publisher: Springer Science & Business Media ISBN: 9401725837 Category : Technology & Engineering Languages : en Pages : 444
Book Description
This volume is intended to stimulate a change in the practice of decision support, advocating an interdisciplinary approach centred on both social and natural sciences, both theory and practice. It addresses the issue of analysis and management of uncertainty and risk in decision support corresponding to the aims of Integrated Assessment. A pluralistic method is necessary to account for legitimate plural interpretations of uncertainty and multiple risk perceptions. A wide range of methods and tools is presented to contribute to adequate and effective pluralistic uncertainty management and risk analysis in decision support endeavours. Special attention is given to the development of one such approach, the Pluralistic fRamework for Integrated uncertainty Management and risk Analysis (PRIMA), of which the practical value is explored in the context of the Environmental Outlooks produced by the Dutch Institute for Public Health and Environment (RIVM). Audience: This book will be of interest to researchers and practitioners whose work involves decision support, uncertainty management, risk analysis, environmental planning, and Integrated Assessment.
Author: Marjolein B.A. van Asselt Publisher: Springer Science & Business Media ISBN: 9401725837 Category : Technology & Engineering Languages : en Pages : 444
Book Description
This volume is intended to stimulate a change in the practice of decision support, advocating an interdisciplinary approach centred on both social and natural sciences, both theory and practice. It addresses the issue of analysis and management of uncertainty and risk in decision support corresponding to the aims of Integrated Assessment. A pluralistic method is necessary to account for legitimate plural interpretations of uncertainty and multiple risk perceptions. A wide range of methods and tools is presented to contribute to adequate and effective pluralistic uncertainty management and risk analysis in decision support endeavours. Special attention is given to the development of one such approach, the Pluralistic fRamework for Integrated uncertainty Management and risk Analysis (PRIMA), of which the practical value is explored in the context of the Environmental Outlooks produced by the Dutch Institute for Public Health and Environment (RIVM). Audience: This book will be of interest to researchers and practitioners whose work involves decision support, uncertainty management, risk analysis, environmental planning, and Integrated Assessment.
Author: Gabriele Bammer Publisher: Taylor & Francis ISBN: 1136549862 Category : Business & Economics Languages : en Pages : 401
Book Description
This is a major, and deeply thoughtful, contribution to understanding uncertainty and risk. Our world and its unprecedented challenges need such ways of thinking! Much more than a set of contributions from different disciplines, this book leads you to explore your own way of perceiving your own area of work. An outstanding contribution that will stay on my shelves for many years. Dr Neil T. M. Hamilton, Director, WWF International Arctic Programme This collection of essays provides a unique and fascinating overview of perspectives on uncertainty and risk across a wide variety of disciplines. It is a valuable and accessible sourcebook for specialists and laypeople alike. Professor Renate Schubert, Head of the Institute for Environmental Decisions and Chair of Economics at the Swiss Federal Institute of Technology This comprehensive collection of disciplinary perspectives on uncertainty is a definitive guide to contemporary insights into this Achilles heel of modernity and the endemic hubris of institutional science in its role as public authority. It gives firm foundations to the fundamental historic shift now underway in the world, towards normalizing acceptance of the immanent condition of ignorance and of its practical corollaries: contingency, uncontrol, and respect for difference. Brian Wynne, Professor of Science Studies, Lancaster University Bammer and Smithson have assembled a fascinating, important collection of papers on uncertainty and its management. The integrative nature of Uncertainty and Risk makes it a landmark in the intellectual history of this vital cross-disciplinary concept. George Cvetkovich, Director, Center for Cross-Cultural Research, Western Washington University Uncertainty governs our lives. From the unknowns of living with the risks of terrorism to developing policies on genetically modified foods, or disaster planning for catastrophic climate change, how we conceptualize, evaluate and cope with uncertainty drives our actions and deployment of resources, decisions and priorities. In this thorough and wide-ranging volume, theoretical perspectives are drawn from art history, complexity science, economics, futures, history, law, philosophy, physics, psychology, statistics and theology. On a practical level, uncertainty is examined in emergency management, intelligence, law enforcement, music, policy and politics. Key problems that are a subject of focus are environmental management, communicable diseases and illicit drugs. Opening and closing sections of the book provide major conceptual strands in uncertainty thinking and develop an integrated view of the nature of uncertainty, uncertainty as a motivating or de-motivating force, and strategies for coping and managing under uncertainty.
Author: National Research Council Publisher: National Academies Press ISBN: 030904894X Category : Science Languages : en Pages : 668
Book Description
The public depends on competent risk assessment from the federal government and the scientific community to grapple with the threat of pollution. When risk reports turn out to be overblownâ€"or when risks are overlookedâ€"public skepticism abounds. This comprehensive and readable book explores how the U.S. Environmental Protection Agency (EPA) can improve its risk assessment practices, with a focus on implementation of the 1990 Clean Air Act Amendments. With a wealth of detailed information, pertinent examples, and revealing analysis, the volume explores the "default option" and other basic concepts. It offers two views of EPA operations: The first examines how EPA currently assesses exposure to hazardous air pollutants, evaluates the toxicity of a substance, and characterizes the risk to the public. The second, more holistic, view explores how EPA can improve in several critical areas of risk assessment by focusing on cross-cutting themes and incorporating more scientific judgment. This comprehensive volume will be important to the EPA and other agencies, risk managers, environmental advocates, scientists, faculty, students, and concerned individuals.
Author: Richard Friberg Publisher: MIT Press ISBN: 0262528193 Category : Business & Economics Languages : en Pages : 395
Book Description
A comprehensive framework for assessing strategies for managing risk and uncertainty, integrating theory and practice and synthesizing insights from many fields. This book offers a framework for making decisions under risk and uncertainty. Synthesizing research from economics, finance, decision theory, management, and other fields, the book provides a set of tools and a way of thinking that determines the relative merits of different strategies. It takes as its premise that we make better decisions if we use the whole toolkit of economics and related fields to inform our decision making. The text explores the distinction between risk and uncertainty and covers standard models of decision making under risk as well as more recent work on decision making under uncertainty, with a particular focus on strategic interaction. It also examines the implications of incomplete markets for managing under uncertainty. It presents four core strategies: a benchmark strategy (proceeding as if risk and uncertainty were low), a financial hedging strategy (valuable if there is much risk), an operational hedging strategy (valuable for conditions of much uncertainty), and a flexible strategy (valuable if there is much risk and/or uncertainty). The book then examines various aspects of these strategies in greater depth, building on empirical work in several different fields. Topics include price-setting, real options and Monte Carlo techniques, organizational structure, and behavioral biases. Many chapters include exercises and appendixes with additional material. The book can be used in graduate or advanced undergraduate courses in risk management, as a guide for researchers, or as a reference for management practitioners.
Author: Mark Machina Publisher: Newnes ISBN: 0444536868 Category : Business & Economics Languages : en Pages : 896
Book Description
The need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments. Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance Divides coverage between theoretical, empirical, and experimental findings Makes the economics of risk and uncertainty accessible to scholars in fields outside economics
Author: V.T. Covello Publisher: Springer Science & Business Media ISBN: 1468453173 Category : Technology & Engineering Languages : en Pages : 523
Book Description
The subject of this volume--uncertainties in risk assessment and management--reflects an important theme in health, safety, and environ mental decision making. MOst technological hazards are characterized by substantial uncertainty. Recent examples include nuclear waste disposal, acid rain, asbestos in schools, carcinogens in food, and hazardous waste. realing with such uncertainty is arguably the most difficult and challeng ing task facing risk assessors and managers today. Four primary sources of uncertainty in risk assessment and management can be identified: (1) uncertainties about definitions; (2) uncertainties about scientific facts; (3) uncertainties about risk perceptions and atti tudes; and (4) uncertainties about values. Uncertainties about definitions derive primarily from disagreements about the meaning and interpretation of key concepts, such as probability. Uncertainties about scientific facts derive primarily from disagreements about failure modes, the probability and magnitude of adverse health or environmental consequences, cause and effect relationships, dose-response relationships, and exposure patterns. Uncertainties about risk perceptions and attitudes derive primarily from disagreements about what constitutes a significant or acceptable level of risk. Uncertainties about values derive primarily from disagreements about the desirability or worth of alternative risk management actions or conse quences. The papers in this volume address each of these sources of uncertainty from a variety of perspectives. Reflecting the broad scope of risk assess ment and risk management research, the papers include contributions from safety engineers, epidemiologists, toxicologists, chemists, biostatisticians, biologists, decision analysts, economists, psychologists, political scien tists, sociologists, ethicists, and lawyers.
Author: Michael Smithson Publisher: Springer Science & Business Media ISBN: 1461236282 Category : Computers Languages : en Pages : 404
Book Description
Ignorance and Uncertainty overviews a variety of approaches to the problem of indeterminacies in human thought and behavior. This book examines, in depth, trends in the psychology of judgment and decision-making under uncertainty or ignorance. Research from the fields of cognitive psychology, social psychology, organizational studies, sociology, and social anthroplogy are reviewed here in anticipation of what Dr. Smithson characterizes as the beginning of a "creative dialogue between these researchers". Ignorance and Uncertainty offers the conceptual framework for understanding the paradigms associated with current research. It discusses the ways in which attitudes toward ignorance and uncertainty are changing, and addresses issues previously ignored.
Author: S. Watson Publisher: Palgrave Macmillan ISBN: 9781349510351 Category : Social Science Languages : en Pages : 275
Book Description
The themes 'trust', 'risk ' and 'uncertainty' seem especially pertinent in the context of the post-9/11 world. This book brings together a range of new research with a focus on the 'risk society' debate and on the themes of 'trust', 'uncertainty' and 'ambivalence'. Where much of the work within these crucial debates in the social sciences has been theory-based and theory-driven, Trust, Risk and Uncertainty combines theoretical sophistication with empirical analysis and research in the fields of philosophy, education, social policy, government, health and social care, sociology, and media and cultural studies.
Author: Jim W. Hall Publisher: ISBN: 9780784413609 Category : Languages : en Pages : 0
Book Description
Proceedings of the Second International Conference on Vulnerability and Risk Analysis and Management (ICVRAM) and the Sixth International Symposium on Uncertainty Modeling and Analysis (ISUMA), held in Liverpool, UK, July 13-16, 2014. Sponsored by the Institute for Risk and Uncertainty and the Virtual Engineering Centre of the University of Liverpool, the Environmental Change Institute of the University of Oxford, and the Council on Disaster Risk Management of ASCE. Vulnerability, Uncertainty, and Risk: Quantification, Mitigation, and Management, CDRM 9, contains 290 peer-reviewed papers that build upon recent significant advances in the quantification, mitigation, and management of risk and uncertainty. These papers focus on decision making and multi-disciplinary developments to address the demands and challenges evolving from the rapidly growing complexity of real-world problems. Topics include: risk assessment and management of critical infrastructure projects; performance-based and reliability-based structural optimization under uncertainty; verified and stochastic approaches to modeling and simulation under uncertainty; risk management for floods, tsunamis, earthquakes, and other natural hazards; risk and uncertainty modeling in transportation and logistics; and geotechnical risk, uncertainty, and decision making. These papers will be valuable to experts, decision-makers, and others involved in assessing, planning responses to, and managing vulnerability and risk.
Author: Marjolein Van Asselt Publisher: Springer ISBN: 9789401725842 Category : Technology & Engineering Languages : en Pages : 436
Book Description
This volume is intended to stimulate a change in the practice of decision support, advocating an interdisciplinary approach centred on both social and natural sciences, both theory and practice. It addresses the issue of analysis and management of uncertainty and risk in decision support corresponding to the aims of Integrated Assessment. A pluralistic method is necessary to account for legitimate plural interpretations of uncertainty and multiple risk perceptions. A wide range of methods and tools is presented to contribute to adequate and effective pluralistic uncertainty management and risk analysis in decision support endeavours. Special attention is given to the development of one such approach, the Pluralistic fRamework for Integrated uncertainty Management and risk Analysis (PRIMA), of which the practical value is explored in the context of the Environmental Outlooks produced by the Dutch Institute for Public Health and Environment (RIVM). Audience: This book will be of interest to researchers and practitioners whose work involves decision support, uncertainty management, risk analysis, environmental planning, and Integrated Assessment.
Author: Marjolein B.A. van Asselt
Author: Marjolein B.A. van Asselt
Author: Gabriele Bammer
Author: National Research Council
Author: Richard Friberg
Author: Mark Machina
Author: V.T. Covello
Author: Michael Smithson
Author: S. Watson
Author: Jim W. Hall
Author: Marjolein Van Asselt