Decision Science And Social Risk Management

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Decision Science and Social Risk Management

Author : M.W Merkhofer
Publisher : Springer Science & Business Media
ISBN 13 : 9400946988
Total Pages : 344 pages
Book Rating : 4.4/5 (9 download)

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Book Synopsis Decision Science and Social Risk Management by : M.W Merkhofer

Download or read book Decision Science and Social Risk Management written by M.W Merkhofer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists, decision analysts, management scientists, and others have long argued that government should take a more scientific approach to decision making. Pointing to various theories for prescribing and rational izing choices, they have maintained that social goals could be achieved more effectively and at lower costs if government decisions were routinely subjected to analysis. Now, government policy makers are putting decision science to the test. Recent government actions encourage and in some cases require government decisions to be evaluated using formally defined principles 01' rationality. Will decision science pass tbis test? The answer depends on whether analysts can quickly and successfully translate their theories into practical approaches and whether these approaches promote the solution of the complex, highly uncertain, and politically sensitive problems that are of greatest concern to government decision makers. The future of decision science, perhaps even the nation's well-being, depends on the outcome. A major difficulty for the analysts who are being called upon by government to apply decision-aiding approaches is that decision science has not yet evolved a universally accepted methodology for analyzing social decisions involving risk. Numerous approaches have been proposed, including variations of cost-benefit analysis, decision analysis, and applied social welfare theory. Each of these, however, has its limitations and deficiencies and none has a proven track record for application to govern ment decisions involving risk. Cost-benefit approaches have been exten sively applied by the government, but most applications have been for decisions that were largely risk-free.

Breakthroughs in Decision Science and Risk Analysis

Author : Louis Anthony Cox, Jr.
Publisher : John Wiley & Sons
ISBN 13 : 1118938909
Total Pages : 328 pages
Book Rating : 4.1/5 (189 download)

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Book Synopsis Breakthroughs in Decision Science and Risk Analysis by : Louis Anthony Cox, Jr.

Download or read book Breakthroughs in Decision Science and Risk Analysis written by Louis Anthony Cox, Jr. and published by John Wiley & Sons. This book was released on 2015-02-18 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover recent powerful advances in the theory, methods, and applications of decision and risk analysis Focusing on modern advances and innovations in the field of decision analysis (DA), Breakthroughs in Decision Science and Risk Analysis presents theories and methods for making, improving, and learning from significant practical decisions. The book explains these new methods and important applications in an accessible and stimulating style for readers from multiple backgrounds, including psychology, economics, statistics, engineering, risk analysis, operations research, and management science. Highlighting topics not conventionally found in DA textbooks, the book illustrates genuine advances in practical decision science, including developments and trends that depart from, or break with, the standard axiomatic DA paradigm in fundamental and useful ways. The book features methods for coping with realistic decision-making challenges such as online adaptive learning algorithms, innovations in robust decision-making, and the use of a variety of models to explain available data and recommend actions. In addition, the book illustrates how these techniques can be applied to dramatically improve risk management decisions. Breakthroughs in Decision Science and Risk Analysis also includes: An emphasis on new approaches rather than only classical and traditional ideas Discussions of how decision and risk analysis can be applied to improve high-stakes policy and management decisions Coverage of the potential value and realism of decision science within applications in financial, health, safety, environmental, business, engineering, and security risk management Innovative methods for deciding what actions to take when decision problems are not completely known or described or when useful probabilities cannot be specified Recent breakthroughs in the psychology and brain science of risky decisions, mathematical foundations and techniques, and integration with learning and pattern recognition methods from computational intelligence Breakthroughs in Decision Science and Risk Analysis is an ideal reference for researchers, consultants, and practitioners in the fields of decision science, operations research, business, management science, engineering, statistics, and mathematics. The book is also an appropriate guide for managers, analysts, and decision and policy makers in the areas of finance, health and safety, environment, business, engineering, and security risk management.

Decision Science and Social Risk Management

Author : M. W Merkhofer
Publisher :
ISBN 13 : 9789400946996
Total Pages : 352 pages
Book Rating : 4.9/5 (469 download)

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Book Synopsis Decision Science and Social Risk Management by : M. W Merkhofer

Download or read book Decision Science and Social Risk Management written by M. W Merkhofer and published by . This book was released on 1986-11-30 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Science and Decisions

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309120462
Total Pages : 422 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Science and Decisions by : National Research Council

Download or read book Science and Decisions written by National Research Council and published by National Academies Press. This book was released on 2009-03-24 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk assessment has become a dominant public policy tool for making choices, based on limited resources, to protect public health and the environment. It has been instrumental to the mission of the U.S. Environmental Protection Agency (EPA) as well as other federal agencies in evaluating public health concerns, informing regulatory and technological decisions, prioritizing research needs and funding, and in developing approaches for cost-benefit analysis. However, risk assessment is at a crossroads. Despite advances in the field, risk assessment faces a number of significant challenges including lengthy delays in making complex decisions; lack of data leading to significant uncertainty in risk assessments; and many chemicals in the marketplace that have not been evaluated and emerging agents requiring assessment. Science and Decisions makes practical scientific and technical recommendations to address these challenges. This book is a complement to the widely used 1983 National Academies book, Risk Assessment in the Federal Government (also known as the Red Book). The earlier book established a framework for the concepts and conduct of risk assessment that has been adopted by numerous expert committees, regulatory agencies, and public health institutions. The new book embeds these concepts within a broader framework for risk-based decision-making. Together, these are essential references for those working in the regulatory and public health fields.

Real-Time and Deliberative Decision Making

Author : Igor Linkov
Publisher : Springer Science & Business Media
ISBN 13 : 1402090269
Total Pages : 452 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Real-Time and Deliberative Decision Making by : Igor Linkov

Download or read book Real-Time and Deliberative Decision Making written by Igor Linkov and published by Springer Science & Business Media. This book was released on 2008-10-24 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision-making tools are needed to support environmental management in an increasingly global economy. Addressing threats and identifying actions to mitigate those threats necessitates an understanding of the basic risk assessment paradigm and the tools of risk analysis to assess, interpret, and communicate risks. It also requires modification of the risk paradigm itself to incorporate a complex array of quantitative and qualitative information that shapes the unique political and ecological challenges of different countries and regions around the world. This book builds a foundation to characterize and assess a broad range of human and ecological stressors, and risk management approaches to address those stressors, using chemical risk assessment methods and multi-criteria decision analysis tools. Chapters discuss the current state-of-knowledge with regard to emerging stressors and risk management, focusing on the adequacy of available systematic, quantitative tools to guide vulnerability and threat assessments, evaluate the consequences of different events and responses, and support decision-making. This book opens a dialogue on aspects of risk assessment and decision analysis that apply to real-time (immediate) and deliberative (long-term) risk management processes.

Assessment, Risk and Decision Making in Social Work

Author : Campbell Killick
Publisher : Learning Matters
ISBN 13 : 1529733340
Total Pages : 244 pages
Book Rating : 4.5/5 (297 download)

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Book Synopsis Assessment, Risk and Decision Making in Social Work by : Campbell Killick

Download or read book Assessment, Risk and Decision Making in Social Work written by Campbell Killick and published by Learning Matters. This book was released on 2020-03-28 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: As practising social workers, your students will need to be able to make sound judgments in complex contexts and when they are under pressure. This book covers the essential knowledge they will require to understand and develop skills in relation to professional judgement and decision making processes, including: - the use of assessment tools; - engagement in assessment and decision processes; - the context of risk, complexity and uncertainty in practice; - communication and management of risk within social care processes.

Research in the Decision Sciences for Global Business

Author : European Decision Sciences Institute
Publisher : Pearson Education
ISBN 13 : 0134052323
Total Pages : 385 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis Research in the Decision Sciences for Global Business by : European Decision Sciences Institute

Download or read book Research in the Decision Sciences for Global Business written by European Decision Sciences Institute and published by Pearson Education. This book was released on 2015 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in Common Disciplines that Separate Us consider classic problems in decision sciences through new lenses, reflecting the crucial role of local contexts in a globally connected and standardized world. Presented at the Fourth Annual Conference of the European Decision Sciences Institute (EDSI) in 2013, this important research embraces the duality of globally determined local contexts, offering new insights into decision-making in all venues and sectors of society. This new volume's papers focus on optimizing decision-making related to: Strengthening national economic competitiveness Reforming the public sector and higher education Deploying information technology more effectively throughout government Making healthcare policy that achieves better outcomes at lower cost Analyzing social networks Improving processes via data visualization, modeling, and simulation Gaining more value from enterprise business intelligence Offshoring, nearshoring, "right shoring, " and other key manufacturing decisions Improving supply chain performance And much more.--

Making Better Environmental Decisions

Author : Mary O'Brien
Publisher : MIT Press
ISBN 13 : 9780262650533
Total Pages : 310 pages
Book Rating : 4.6/5 (55 download)

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Book Synopsis Making Better Environmental Decisions by : Mary O'Brien

Download or read book Making Better Environmental Decisions written by Mary O'Brien and published by MIT Press. This book was released on 2000 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work recommends a simple yet profound shift to another decision-making technique: alternatives assessment. Instead of asking how much of a hazardous activity is safe, alternatives assessment asks how we can avoid or minimize damage.

Understanding Risk

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309089565
Total Pages : 264 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Understanding Risk by : National Research Council

Download or read book Understanding Risk written by National Research Council and published by National Academies Press. This book was released on 1996-07-05 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding Risk addresses a central dilemma of risk decisionmaking in a democracy: detailed scientific and technical information is essential for making decisions, but the people who make and live with those decisions are not scientists. The key task of risk characterization is to provide needed and appropriate information to decisionmakers and the public. This important new volume illustrates that making risks understandable to the public involves much more than translating scientific knowledge. The volume also draws conclusions about what society should expect from risk characterization and offers clear guidelines and principles for informing the wide variety of risk decisions that face our increasingly technological society. Frames fundamental questions about what risk characterization means. Reviews traditional definitions and explores new conceptual and practical approaches. Explores how risk characterization should inform decisionmakers and the public. Looks at risk characterization in the context of the entire decisionmaking process. Understanding Risk discusses how risk characterization has fallen short in many recent controversial decisions. Throughout the text, examples and case studiesâ€"such as planning for the long-term ecological health of the Everglades or deciding on the operation of a waste incineratorâ€"bring key concepts to life. Understanding Risk will be important to anyone involved in risk issues: federal, state, and local policymakers and regulators; risk managers; scientists; industrialists; researchers; and concerned individuals.

Application of Decision Science in Business and Management

Author : Fausto Pedro García Márquez
Publisher : BoD – Books on Demand
ISBN 13 : 1838800999
Total Pages : 247 pages
Book Rating : 4.8/5 (388 download)

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Book Synopsis Application of Decision Science in Business and Management by : Fausto Pedro García Márquez

Download or read book Application of Decision Science in Business and Management written by Fausto Pedro García Márquez and published by BoD – Books on Demand. This book was released on 2020-03-04 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Application of Decision Science in Business and Management is a book where each chapter has been contributed by a different author(s). The chapters introduce and demonstrate a decision-making theory to practice case studies. It demonstrates key results for each sector with diverse real-world case studies. Theory is accompanied by relevant analysis techniques, with a progressive approach building from simple theory to complex and dynamic decisions with multiple data points, including big data, lot of data, etc. Computational techniques, dynamic analysis, probabilistic methods, and mathematical optimization techniques are expertly blended to support analysis of multi-criteria decision-making problems with defined constraints and requirements. The book provides an interface between the main disciplines of engineering/technology and the organizational, administrative, and planning abilities of decision making. It is complementary to other sub-disciplines such as economics, finance, marketing, decision and risk analysis, etc.

Multi-Criteria Decision Analysis for Risk Assessment and Management

Author : Jingzheng Ren
Publisher : Springer Nature
ISBN 13 : 3030781526
Total Pages : 254 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Multi-Criteria Decision Analysis for Risk Assessment and Management by : Jingzheng Ren

Download or read book Multi-Criteria Decision Analysis for Risk Assessment and Management written by Jingzheng Ren and published by Springer Nature. This book was released on 2021-11-13 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides in-depth guidance on how to use multi-criteria decision analysis methods for risk assessment and risk management. The frontiers of engineering operations management methods for identifying the risks, investigating their roles, analyzing the complex cause-effect relationships, and proposing countermeasures for risk mitigation are presented in this book. There is a total of ten chapters, mainly including the indicators and organizational models for risk assessment, the integrated Bayesian Best-Worst method and classifiable TOPSIS model for risk assessment, new risk prioritization model, fuzzy risk assessment under uncertainties, assessment of COVID-19 transmission risk based on fuzzy inference system, risk assessment and mitigation based on simulation output analysis, energy supply risk analysis, risk assessment and management in cash-in-transit vehicle routing problems, and sustainability risks of resource-exhausted cities. The most significant feature of this book is that it provides various systematic multi-criteria decision analysis methods for risk assessment and management, and illustrates the application of these methods in different fields. This book is beneficial to policymakers, decision-makers, experts, researchers and students related to risk assessment and management.

Primer on Risk Analysis

Author : Charles Yoe
Publisher : CRC Press
ISBN 13 : 0429664877
Total Pages : 294 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis Primer on Risk Analysis by : Charles Yoe

Download or read book Primer on Risk Analysis written by Charles Yoe and published by CRC Press. This book was released on 2019-01-18 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Primer on Risk Analysis: Decision Making Under Uncertainty, Second Edition lays out the tasks of risk analysis in a straightforward, conceptual manner, tackling the question, "What is risk analysis?" Distilling the common principles of many risk dialects into serviceable definitions, it provides a foundation for the practice of risk management and decision making under uncertainty for professionals from all disciplines. New in this edition is an expanded risk management emphasis that includes an overview chapter on enterprise risk management and a chapter on decision making under uncertainty designed to help decision makers use the results of risk analysis in practical ways to improve decisions and their outcomes. This book will empower you to enter the world of risk management in your own domain of expertise by providing you with practical, insightful, useful and adaptable knowledge of risk analysis science including risk management, risk assessment, and risk communication. Features: Answers the fundamental question, "What is Risk Analysis?" Presents the tasks of risk management, risk assessment, and risk communication in a straightforward, conceptual manner Responds to the continuing evolution of risk science and addresses the language of risk as it continues to evolve Expands the risk management emphasis with a new chapter to serve private industry and a growing public sector interest in the growing practice of enterprise risk management Includes a new chapter on decision making under uncertainty provides practical guidance and ideas for using risk science to improve decisions and their outcomes Features an expanded set of examples of the risk process that demonstrate the growing applications of risk analysis This book is suitable for executives, professionals and students who seek a fundamental understanding of risk management, risk assessment, and risk communication. A more detailed examination of this topic, suitable for practitioners from any discipline as well as students and professionals who aspire to become experts in the practice of risk analysis science, is found in Principles of Risk Analysis: Decision Making Under Uncertainty, Second Edition, ISBN: 978-1-138-47820-6.

Decision Making, Assessment and Risk in Social Work

Author : Brian J. Taylor
Publisher : Learning Matters
ISBN 13 : 1526412527
Total Pages : 455 pages
Book Rating : 4.5/5 (264 download)

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Book Synopsis Decision Making, Assessment and Risk in Social Work by : Brian J. Taylor

Download or read book Decision Making, Assessment and Risk in Social Work written by Brian J. Taylor and published by Learning Matters. This book was released on 2017-04-10 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: At a time when accountability and the avoidance of risk are increasingly demanded of social workers, the ability to make clear and informed decisions is essential. This book, written for practicing social workers undertaking their ASYE and compulsory CPD, has been designed to help professionals make sound judgments in increasingly complex contexts and under pressure. The focus is on empowering front-line professionals through reflective practice, so that they are able to draw on multiple factors and perspectives and make sound problem-solving judgements. The book begins with the core concepts, client focus, and legal background before moving on to consider the collaborative processes and the nature of individual judgements. It then considers particular dimensions of social work decision making, such as safeguarding, taking risks, assessment and dynamic decision tools and processes. It then concludes by look at the organisational context of decision management, with a focus on supervision, training and effective communication.

Risk and Decision Making

Author :
Publisher :
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Risk and Decision Making by :

Download or read book Risk and Decision Making written by and published by . This book was released on 2000 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of Risk Theory

Author : Rafaela Hillerbrand
Publisher : Springer Science & Business Media
ISBN 13 : 9400714335
Total Pages : 1209 pages
Book Rating : 4.4/5 (7 download)

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Book Synopsis Handbook of Risk Theory by : Rafaela Hillerbrand

Download or read book Handbook of Risk Theory written by Rafaela Hillerbrand and published by Springer Science & Business Media. This book was released on 2012-01-12 with total page 1209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk has become one of the main topics in fields as diverse as engineering, medicine and economics, and it is also studied by social scientists, psychologists and legal scholars. But the topic of risk also leads to more fundamental questions such as: What is risk? What can decision theory contribute to the analysis of risk? What does the human perception of risk mean for society? How should we judge whether a risk is morally acceptable or not? Over the last couple of decades questions like these have attracted interest from philosophers and other scholars into risk theory. This handbook provides for an overview into key topics in a major new field of research. It addresses a wide range of topics, ranging from decision theory, risk perception to ethics and social implications of risk, and it also addresses specific case studies. It aims to promote communication and information among all those who are interested in theoetical issues concerning risk and uncertainty. This handbook brings together internationally leading philosophers and scholars from other disciplines who work on risk theory. The contributions are accessibly written and highly relevant to issues that are studied by risk scholars. We hope that the Handbook of Risk Theory will be a helpful starting point for all risk scholars who are interested in broadening and deepening their current perspectives.

The Science of Bureaucracy

Author : David Demortain
Publisher : MIT Press
ISBN 13 : 026253794X
Total Pages : 453 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Science of Bureaucracy by : David Demortain

Download or read book The Science of Bureaucracy written by David Demortain and published by MIT Press. This book was released on 2020-01-21 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the US Environmental Protection Agency designed the governance of risk and forged its legitimacy over the course of four decades. The US Environmental Protection Agency was established in 1970 to protect the public health and environment, administering and enforcing a range of statutes and programs. Over four decades, the EPA has been a risk bureaucracy, formalizing many of the methods of the scientific governance of risk, from quantitative risk assessment to risk ranking. Demortain traces the creation of these methods for the governance of risk, the controversies to which they responded, and the controversies that they aroused in turn. He discusses the professional networks in which they were conceived; how they were used; and how they served to legitimize the EPA. Demortain argues that the EPA is structurally embedded in controversy, resulting in constant reevaluation of its credibility and fueling the evolution of the knowledge and technologies it uses to produce decisions and to create a legitimate image of how and why it acts on the environment. He describes the emergence and institutionalization of the risk assessment–risk management framework codified in the National Research Council's Red Book, and its subsequent unraveling as the agency's mission evolved toward environmental justice, ecological restoration, and sustainability, and as controversies over determining risk gained vigor in the 1990s. Through its rise and fall at the EPA, risk decision-making enshrines the science of a bureaucracy that learns how to make credible decisions and to reform itself, amid constant conflicts about the environment, risk, and its own legitimacy.

Risk Management and Political Culture

Author : Sheila Jasanoff
Publisher : Russell Sage Foundation
ISBN 13 : 1610443101
Total Pages : 104 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Risk Management and Political Culture by : Sheila Jasanoff

Download or read book Risk Management and Political Culture written by Sheila Jasanoff and published by Russell Sage Foundation. This book was released on 1986-07-02 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique comparative study looks at efforts to regulate carcinogenic chemicals in several Western democracies, including the United States, and finds marked national differences in how conflicting scientific interpretations and competing political interests are resolved. Whether risk issues are referred to expert committees without public debate or debated openly in a variety of forums, patterns of interaction among experts, policy makers, and the public reflect fundamental features of each country's political culture. "A provocative argument....Poses interesting questions for the sociology of science, especially science produced for public debate."—Contemporary Sociology A Volume in the Russell Sage Foundation's Social Science Frontiers Series