Risk revealed: cautionary tales, understanding and communication

Explore the concept of risk through numerous examples and their statistical modeling, traveling from a historical perspective all the way to an up-to-date technical analysis. Written with a wide readership in mind, this book begins with accounts of a selection of major historical disasters, such as...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Embrechts, Paul 1953- (VerfasserIn), Hofert, Marius 1980- (VerfasserIn), Chavez-Demoulin, Valérie 1969- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cambridge Cambridge University Press 2024
Schlagworte:
Online-Zugang:DE-12
DE-634
DE-92
Volltext
Zusammenfassung:Explore the concept of risk through numerous examples and their statistical modeling, traveling from a historical perspective all the way to an up-to-date technical analysis. Written with a wide readership in mind, this book begins with accounts of a selection of major historical disasters, such as the North Sea flood of 1953 and the L'Aquila earthquake. These tales serve to set the scene and to motivate the second part of the book, which describes the mathematical tools required to analyze these events, and how to use them. The focus is on the basic understanding of the mathematical modeling of risk and what types of questions the methods allow one to answer. The text offers a bridge between the world of science and that of everyday experience. It is written to be accessible to readers with only a basic background in mathematics and statistics. Even the more technical discussions are interspersed with historical comments and plentiful examples
Beschreibung:Title from publisher's bibliographic system (viewed on 09 Apr 2024)
The 1953 great flood -- The Space Shuttle Challenger disaster -- The 2007-2008 financial crisis -- Earthquakes and tsunamis -- The l'Aquila trial and the public communication of risk -- The Coronavirus pandemic -- Mathematical wonderland -- Stochastic modeling -- The modeling of extreme events -- On climate change and related risk -- Further examples from the world of extremes -- Networks -- The black tulip and February 3, 1637
Beschreibung:1 Online-Ressource (xix, 362 Seiten)
ISBN:9781009299794
DOI:10.1017/9781009299794

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