Risk revealed: cautionary tales, understanding and communication

Explore the concept of risk through numerous examples and their statistical modeling, traveling from a historical perspective all the way to an up-to-date technical analysis. Written with a wide readership in mind, this book begins with accounts of a selection of major historical disasters, such as...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Beteilige Person: Embrechts, Paul 1953-
Weitere beteiligte Personen: Chavez-Demoulin, Valérie 1969-, Hofert, Marius
Format: E-Book
Sprache:Englisch
Veröffentlicht: Cambridge Cambridge University Press 2024
Links:https://doi.org/10.1017/9781009299794
Zusammenfassung:Explore the concept of risk through numerous examples and their statistical modeling, traveling from a historical perspective all the way to an up-to-date technical analysis. Written with a wide readership in mind, this book begins with accounts of a selection of major historical disasters, such as the North Sea flood of 1953 and the L'Aquila earthquake. These tales serve to set the scene and to motivate the second part of the book, which describes the mathematical tools required to analyze these events, and how to use them. The focus is on the basic understanding of the mathematical modeling of risk and what types of questions the methods allow one to answer. The text offers a bridge between the world of science and that of everyday experience. It is written to be accessible to readers with only a basic background in mathematics and statistics. Even the more technical discussions are interspersed with historical comments and plentiful examples.
Umfang:1 Online-Ressource (xix, 362 Seiten)
ISBN:9781009299794