Risk analysis in engineering and economics

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,...

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Bibliographic Details
Main Author: Ayyub, Bilal M. (Author)
Format: Book
Language:English
Published: Boca Raton, FL CRC Press, Taylor & Francis Group 2014
Edition:Second edition
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Table of Contents:
  • 1. Introduction
  • 2. Terminology and fundamental risk methods
  • 3. System definition and structure
  • 4. Failure probability assessment
  • 5. Failure consequences and valuations
  • 6. Engineering economics and finance
  • 7. Risk treatment and control methods
  • 8. Data for risk studies
  • 9. Risk-based maintenance of marine vessels : a case study