Risk Analysis in Engineering and Economics

This book describes the fundamental concepts, methods, and applications of risk analysis and management. Containing contemporary case studies, such as protecting hurricane-prone regions and critical infrastructure, the second edition covers risk finance, predictive risk management, and performance segregation and aggregation within a risk framework. To help readers translate discussed techniques into real-world solutions, the book includes a wealth of new and updated end-of-chapter problems, 320+ tables and figures, over 110 diverse examples, numerous end-of-book references, and a bibliography. Plus, homeland security applications are incorporated throughout.