Risk is a popular topic in many sciences - in natural, medical, statistical, engineering, social, economic and legal disciplines. Yet, no single discipline can grasp the full meaning of risk. Investigating risk requires a multidisciplinary approach. The authors, coming from two very different disciplinary traditions, meet this challenge by building bridges between the engineering, the statistical and the social science perspectives. The book provides a comprehensive, accessible and concise guide to risk assessment, management and governance. A basic pillar for the book is the risk governance framework proposed by the International Risk Governance Council (IRGC). This framework offers a comprehensive means of integrating risk identification, assessment, management and communication. The authors develop and explain new insights and add substance to the various elements of the framework. The theoretical analysis is illustrated by several examples from different areas of applications.
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Terje Aven is Professor of Risk Analysis and Management at University of Stavanger, Norway. He is also a Principal Researcher at Rogaland Research, Norway. His professional career includes experience in the petroleum industry (Statoil) in addition to his time in research and education. His research interests include decision support tools, risk management, risk acceptance, reliability and risk analysis methods, and risk assessments reflecting human and organizational factors. He is a member of the Norwegian Academy of Technological Sciences. He has been awarded several prizes for his research and teaching activities. Jan Erik Vinnem is Professor II of Risk Analysis at University of Stavanger, Norway. He is also a specialist advisor and CEO of Preventor AS, a consultancy to the Norwegian offshore industry. His professional career includes experience in the petroleum industry (Statoil and Total), and work as a private consultant (as the founder of Safetec Nordic AS and Preventor AS), in addition to his time in research and education. His research interests include decision support tools, risk management, risk acceptance, risk analysis methods, and risk assessments reflecting human and organizational factors.
Risk is a popular topic in many sciences - in natural, medical, statistical, engineering, social, economic and legal disciplines. Yet, no single discipline can grasp the full meaning of risk. Investigating risk requires a multidisciplinary approach. The authors, coming from two very different disciplinary traditions, meet this challenge by building bridges between the engineering, the statistical and the social science perspectives. The book provides a comprehensive, accessible and concise guide to risk assessment, management and governance. It includes formal approaches to risk analysis without assuming a high level of mathematical proficiency but it also offers reflection and deliberation about the socio-political context in which risk issues are embedded. A basic pillar for the book is the risk governance framework proposed by the International Risk Governance Council (IRGC). This framework offers a comprehensive means of integrating risk identification, assessment, management and communication. The authors develop and explain new insights and add substance to the various elements of the framework. The theoretical analysis is illustrated by several examples from different areas of applications.
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