Safety Risk Management: Integrating Economic and Safety Perspectives - Couverture rigide

 
9783110633788: Safety Risk Management: Integrating Economic and Safety Perspectives
Couverture rigide
ISBN 10 : 3110633787 ISBN 13 : 9783110633788
Editeur : De Gruyter Oldenbourg, 2020

Synopsis

Within the area of safety, different perspectives exist on how to provide an adequate basis for managing risk. Safety experts emphasize the cautionary principle, stating that in the face of uncertainty, caution should be the dominant standard. On the other hand, relying on economic assessment often leads to decisions made using expected values to optimize return on investment. Safety Risk Management: Integrating Economic and Safety Perspectives aims to illuminate this dichotomy while debating important questions. For example, is 'safety always first?' Additionally, in many risk environments only partial knowledge is available and limited emphasis may be mistakenly given to uncertainty.

Risk management deals with balancing the dilemma inherent in exploring opportunities on the one hand, and avoiding losses, accidents, and disasters, on the other. Safety Risk Management: Integrating Economic and Safety Perspectives comprises a collection of work in this field with special focus given to situations with the potential for substantial reward but also with the possibility of immense losses and extreme consequences.

This book aims to contribute to clarifying the problem by proposing an appropriate basis for managing risk to meet related practical challenges. The book consists of two parts: chapters covering fundamental concepts and approaches; and, chapters illustrating applications of these fundamental principles.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

Kurt J. Engemann, Iona College, USA; Eirik B. Abrahamsen, University of Stavanger, Norway

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
De Gruyter Oldenbourg
Date d'édition
2020
Langue
anglais
ISBN 10 
3110633787
ISBN 13 
9783110633788
Reliure
Relié
Nombre de pages
246
Éditeur
Engemann Kurt J., Abrahamsen Eirik B.
Coordonnées du fabricant
non disponible
Personne responsable
non disponible