Chapter 3. How to Think about Risk and Risk Analysis

  1. Terje Aven

Published Online: 16 JAN 2004

DOI: 10.1002/0470871245.ch3

Foundations of Risk Analysis: A Knowledge and Decision-Oriented Perspective

Foundations of Risk Analysis: A Knowledge and Decision-Oriented Perspective

How to Cite

Aven, T. (2004) How to Think about Risk and Risk Analysis, in Foundations of Risk Analysis: A Knowledge and Decision-Oriented Perspective, John Wiley & Sons, Ltd, Chichester, UK. doi: 10.1002/0470871245.ch3

Author Information

  1. University of Stavanger, Norway

Publication History

  1. Published Online: 16 JAN 2004
  2. Published Print: 17 OCT 2003

ISBN Information

Print ISBN: 9780471495482

Online ISBN: 9780470871249

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Summary

This chapter contains sections titled:

  • Basic Ideas and Principles

    • Background Information

    • Models and Simplifications in Probability Considerations

    • Observable Quantities

  • Economic Risk

    • A Simple Cost Risk Example

    • Production Risk

    • Business and Project Management

    • Investing Money in a Stock Market

    • Discounted Cash Flow Analysis

  • Accident Risk

  • Bibliographic Notes