Y.Y.Haimes – Risk Modeling Assessment and Management

Y.Y.HAIMES – RISK MODELING ASSESSMENT AND MANAGEMENT

Systems-based theory, methodology, and applications are presented.

The book focuses on quantifying risk and constructing probabilities for real-world decision-making in engineering, design, technology, institutions, organizations, and policy. The author presents fundamental concepts, as well as advanced material, such as the partitioned multi-objective risk method, multi-objective decision trees, and multi-objective risk impact analysis method. The book will be used in many areas of engineering.

The fourth edition. Risk modeling, assessment, and management can be done. 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 is the fourth edition. It is written for undergraduate and graduate students in systems engineering and systems management. The text is a resource for academic, industry, and government professionals in the fields of homeland and cyber security, healthcare, physical infrastructure systems, engineering, business, and more.