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Paperback Probabilistic Risk Analysis and Bayesian Decision Theory Book
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ISBN: 303116332X

ISBN13: 9783031163326

Probabilistic Risk Analysis and Bayesian Decision Theory

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The book shows how risk, defined as the statistical expectation of loss, can be formally decomposed as the product of two terms: hazard probability and system vulnerability. This requires a specific definition of vulnerability that replaces the many fuzzy definitions abounding in the literature. The approach is expanded to more complex risk analysis with three components rather than two, and with various definitions of hazard. Equations are derived...

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Format: Paperback

Condition: New

$59.78
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Math Mathematics Medical Medical Books Science Science & Math Science & Scientists Science & Technology

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