DescriptionThere are plenty of books on specialized risk topics but few that deal with the broad diversity and daily applicability of this subject. Risk applications require a robust knowledge of many attributes of this seemingly simple subject. This book teaches the reader through examples and case studies the fundamental (and subtle) aspects of risk - regardless of the specific situation. The text allows the reader to understand the concept of risk analysis while not getting too involved in the mathematics; in this method the reader can apply these techniques across a wide range of situations.
The second edition includes new examples from NASA and several other industries as well as new case studies from legal databases. The many real-life discussion topics enable the reader to form an understanding of the concepts of risk and risk management and apply them to day-to-day issues.
1. Risk: Life's Question Mark 1
2. Measurement: The Alchemist's Base 15
3. Statistics: Numbers Looking for an Argument 41
4. The Value of Life and Limb, Statistically Speaking 69
5. The Evolution of Risk 93
6. Frequency and Severity: Weighing the Risk 107
7. What's in a Risk? Perception Creates Risk Reality 128
8. Risk, Regulation, and Reason 151
9. Earth, Air, and Water: The Not-So-Bare Essentials 176
10. Food . . . for Thought 210
11. Flying: The Not-So-Wild Blue Yonder 249
12. Risk on the Roads 278
13. An Incomplete List of Life's Risks 315