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Risk Modeling, Assessment, and Management (eBook)

Yacov Y. Haimes (Herausgeber)

eBook Download: PDF
2015 | 4. Auflage
John Wiley & Sons (Verlag)
9781119018018 (ISBN)

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Presents systems-based theory, methodology, and applications in risk modeling, assessment, and management

This book examines risk analysis, focusing on quantifying risk and constructing probabilities for real-world decision-making, including engineering, design, technology, institutions, organizations, and policy. The author presents fundamental concepts (hierarchical holographic modeling; state space; decision analysis; multi-objective trade-off analysis) as well as advanced material (extreme events and the partitioned multi-objective risk method; multi-objective decision trees; multi-objective risk impact analysis method; guiding principles in risk analysis); avoids higher mathematics whenever possible; and reinforces the material with examples and case studies. The book will be used in systems engineering, enterprise risk management, engineering management, industrial engineering, civil engineering, and operations research.

The fourth edition of Risk Modeling, Assessment, and Management features:

  • Expanded chapters on systems-based guiding principles for risk modeling, planning, assessment, management, and communication; modeling interdependent and interconnected complex systems of systems with phantom system models; and hierarchical holographic modeling
  • An expanded appendix including a Bayesian analysis for the prediction of chemical carcinogenicity, and the Farmer's Dilemma formulated and solved using a deterministic linear model
  • Updated case studies including a new case study on sequential Pareto-optimal decisions for emergent complex systems of systems
  • A new companion website with over 200 solved exercises that feature risk analysis theories, methodologies, and application


Risk Modeling, Assessment, and Management, Fourth Edition
, is written for both undergraduate and graduate students in systems engineering and systems management courses. The text also serves as a resource for academic, industry, and government professionals in the fields of homeland and cyber security, healthcare, physical infrastructure systems, engineering, business, and more.



YACOV Y. HAIMES, PhD, is the Lawrence R. Quarles Professor at the School of Engineering and Applied Science, University of Virginia, USA, and is a member of the Systems and Information Engineering faculty and the Civil and Environmental Engineering faculty. He is the Founding Director (1987) of the university-wide Center for Risk Management of Engineering Systems. On the faculty of Case Western Reserve University, USA, for 17 years, he was the Chair of the Systems Engineering Department, and Director of the Center for Large-Scale Systems and Policy Analysis.


Presents systems-based theory, methodology, and applications in risk modeling, assessment, and management This book examines risk analysis, focusing on quantifying risk and constructing probabilities for real-world decision-making, including engineering, design, technology, institutions, organizations, and policy. The author presents fundamental concepts (hierarchical holographic modeling; state space; decision analysis; multi-objective trade-off analysis) as well as advanced material (extreme events and the partitioned multi-objective risk method; multi-objective decision trees; multi-objective risk impact analysis method; guiding principles in risk analysis); avoids higher mathematics whenever possible; and reinforces the material with examples and case studies. The book will be used in systems engineering, enterprise risk management, engineering management, industrial engineering, civil engineering, and operations research. The fourth edition of Risk Modeling, Assessment, and Management features: Expanded chapters on systems-based guiding principles for risk modeling, planning, assessment, management, and communication; modeling interdependent and interconnected complex systems of systems with phantom system models; and hierarchical holographic modeling An expanded appendix including a Bayesian analysis for the prediction of chemical carcinogenicity, and the Farmer s Dilemma formulated and solved using a deterministic linear model Updated case studies including a new case study on sequential Pareto-optimal decisions for emergent complex systems of systems A new companion website with over 200 solved exercises that feature risk analysis theories, methodologies, and application Risk Modeling, Assessment, and Management, Fourth Edition, is written for both undergraduate and graduate students in systems engineering and systems management courses. The text also serves as a resource for academic, industry, and government professionals in the fields of homeland and cyber security, healthcare, physical infrastructure systems, engineering, business, and more.

YACOV Y. HAIMES, PhD, is the Lawrence R. Quarles Professor at the School of Engineering and Applied Science, University of Virginia, USA, and is a member of the Systems and Information Engineering faculty and the Civil and Environmental Engineering faculty. He is the Founding Director (1987) of the university-wide Center for Risk Management of Engineering Systems. On the faculty of Case Western Reserve University, USA, for 17 years, he was the Chair of the Systems Engineering Department, and Director of the Center for Large-Scale Systems and Policy Analysis.

Erscheint lt. Verlag 15.7.2015
Reihe/Serie Wiley Series in Systems Engineering and Management
Wiley Series in Systems Engineering and Management
Wiley Series in Systems Engineering and Management
Mitarbeit Herausgeber (Serie): Andrew P. Sage
Sprache englisch
Themenwelt Naturwissenschaften
Technik Bauwesen
Technik Elektrotechnik / Energietechnik
Wirtschaft Betriebswirtschaft / Management Allgemeines / Lexika
Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
Schlagworte Adaptive Multiplayer HHM (AMP-HHM) • Bayes’ Theorem • decision matrix • decision trees • Electrical & Electronics Engineering • Elektrotechnik u. Elektronik • Failure Mode and Effects Analysis (FMEA) • Failure Mode, Effects and Criticality Analysis (FMECA) • Hierarchical Holographic Modeling (HHM), Theory of Scenario Structuring • Human Factors & Risk Assessment • Impact Analysis • Inoperability Input-Output Model (IIM) • Menschliche Faktoren u. Risikobewertung • Phantom System Models • Regional Input-Output Multiplier System (RIMS II) • risk assessment • Risk Filtering • Risk Management • Risk Modeling • Systems Engineering & Management • Systemtechnik • Systemtechnik u. -management • The Fallacy of the Expected Value • The Fractile Method • The Multiobjective Statistical Method (MSM) • The Partitioned Multiobjective Risk Method (PMRM) • The Surrogate Worth Trade-off (SWT) Method
ISBN-13 9781119018018 / 9781119018018
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