Operational Safety Economics: a Practical Approach focused on the Chemical and Process Industries
Describes how to make economic decisions regading safety in the chemical and process industries -Covers both technical risk assessment and economic aspects of safety decision-making -Suitable for both academic researchers and practitioners in industry -Addresses cost-benefit analysis for safety inve...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Chichester, West Sussex
Wiley
2016
|
| Subjects: | |
| Online Access: | FRO01 UBG01 Volltext |
| Summary: | Describes how to make economic decisions regading safety in the chemical and process industries -Covers both technical risk assessment and economic aspects of safety decision-making -Suitable for both academic researchers and practitioners in industry -Addresses cost-benefit analysis for safety investments |
| Physical Description: | 1 online resource (339 pages) |
| ISBN: | 1118871510 1118871545 9781118871515 9781118871546 |
Staff View
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| 505 | 8 | |a Cover; Title Page; Copyright; Contents; Preface; Disclaimer; Acknowledgements; List of Acronyms; Chapter 1 Introduction; 1.1 The ""Why"" of Operational Safety; 1.2 Back to the Future: the Economics of Operational Safety; 1.3 Difficulties in Operational Safety Economics; 1.4 The Field of Operational Safety within the Profitability of an Organization; 1.5 Conclusions; References; Chapter 2 Operational Risk, Operational Safety, and Economics; 2.1 Defining the Concept of Operational Risk; 2.2 Dealing with Operational Risks; 2.3 Types of Operational Risk | |
| 505 | 8 | |a 2.4 The Importance of Operational Safety Economics for a Company2.5 Balancing between Productivity and Safety; 2.6 The Safety Equilibrium Situation or ""HRO Safety""; 2.6.1 HRO Principle 1: Targeted at Disturbances; 2.6.2 HRO Principle 2: Reluctant for Simplification; 2.6.3 HRO Principle 3: Sensitive toward Implementation; 2.6.4 HRO Principle 4: Devoted to Resiliency; 2.6.5 HRO Principle 5: Respectful for Expertise; 2.7 The Egg Aggregated Model (TEAM) of Safety Culture; 2.8 Safety Futures; 2.9 The Controversy of Economic Analyses | |
| 505 | 8 | |a 2.10 Scientific Requirements for Adequate Economic Assessment Techniques2.11 Four Categories of Data; 2.12 Improving Decision-making Processes for Investing in Safety; 2.13 Conclusions; References; Chapter 3 Economic Foundations; 3.1 Macroeconomics and Microeconomics; 3.2 Safety Demand and Long-term Average Cost of Production; 3.2.1 Safety Demand; 3.2.2 Long-term Average Cost of Production and Safety; 3.3 Safety Value Function; 3.4 Expected Value Theory, Value at Risk, and Safety Attitude; 3.4.1 Expected Value Theory; 3.4.2 Value at Risk; 3.4.3 Safety Attitude; 3.5 Safety Utilities | |
| 505 | 8 | |a 3.5.1 Safety Utility Functions3.5.2 Expected Utility and Certainty Equivalent; 3.6 Measuring Safety Utility Functions; 3.7 Preferences of Safety Management -- Safety Indifference Curves; 3.8 Measuring Safety Indifference Curves; 3.8.1 Questionnaire-based Type I Safety Indifference Curves; 3.8.2 Problems with Determining an Indifference Curve; 3.8.3 Time Trade-off-based Safety Utilities for Type II Safety Indifference Curves; 3.9 Budget Constraint and n-Dimensional Maximization Problem Formulation | |
| 505 | 8 | |a 3.10 Determining Optimal Safety Management Preferences within the Budget Constraint for a Two-dimensional Problem3.11 Conclusions; References; Chapter 4 Operational Safety Decision-making and Economics; 4.1 Economic Theories and Safety Decisions; 4.1.1 Introduction; 4.1.2 Expected Utility Theory; 4.1.3 Prospect Theory; 4.1.4 Bayesian Decision Theory; 4.1.5 Risk and Uncertainty; 4.1.6 Making a Choice Out of a Set of Options; 4.1.7 Impact of Affect and Emotion in the Process of Making a Choice between Alternatives; 4.1.8 Influence of Regret and Disappointment on Decision-making. - 4.1.9 Impact of Intuition on Decision-making | |
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Record in the Search Index
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|---|---|
| any_adam_object | |
| author | Reniers, Genserik L. L. |
| author_facet | Reniers, Genserik L. L. |
| author_role | aut |
| author_sort | Reniers, Genserik L. L. |
| author_variant | g l l r gll gllr |
| building | Verbundindex |
| bvnumber | BV043896999 |
| classification_rvk | ZG 9270 |
| collection | ZDB-35-WIC |
| contents | Cover; Title Page; Copyright; Contents; Preface; Disclaimer; Acknowledgements; List of Acronyms; Chapter 1 Introduction; 1.1 The ""Why"" of Operational Safety; 1.2 Back to the Future: the Economics of Operational Safety; 1.3 Difficulties in Operational Safety Economics; 1.4 The Field of Operational Safety within the Profitability of an Organization; 1.5 Conclusions; References; Chapter 2 Operational Risk, Operational Safety, and Economics; 2.1 Defining the Concept of Operational Risk; 2.2 Dealing with Operational Risks; 2.3 Types of Operational Risk 2.4 The Importance of Operational Safety Economics for a Company2.5 Balancing between Productivity and Safety; 2.6 The Safety Equilibrium Situation or ""HRO Safety""; 2.6.1 HRO Principle 1: Targeted at Disturbances; 2.6.2 HRO Principle 2: Reluctant for Simplification; 2.6.3 HRO Principle 3: Sensitive toward Implementation; 2.6.4 HRO Principle 4: Devoted to Resiliency; 2.6.5 HRO Principle 5: Respectful for Expertise; 2.7 The Egg Aggregated Model (TEAM) of Safety Culture; 2.8 Safety Futures; 2.9 The Controversy of Economic Analyses 2.10 Scientific Requirements for Adequate Economic Assessment Techniques2.11 Four Categories of Data; 2.12 Improving Decision-making Processes for Investing in Safety; 2.13 Conclusions; References; Chapter 3 Economic Foundations; 3.1 Macroeconomics and Microeconomics; 3.2 Safety Demand and Long-term Average Cost of Production; 3.2.1 Safety Demand; 3.2.2 Long-term Average Cost of Production and Safety; 3.3 Safety Value Function; 3.4 Expected Value Theory, Value at Risk, and Safety Attitude; 3.4.1 Expected Value Theory; 3.4.2 Value at Risk; 3.4.3 Safety Attitude; 3.5 Safety Utilities 3.5.1 Safety Utility Functions3.5.2 Expected Utility and Certainty Equivalent; 3.6 Measuring Safety Utility Functions; 3.7 Preferences of Safety Management -- Safety Indifference Curves; 3.8 Measuring Safety Indifference Curves; 3.8.1 Questionnaire-based Type I Safety Indifference Curves; 3.8.2 Problems with Determining an Indifference Curve; 3.8.3 Time Trade-off-based Safety Utilities for Type II Safety Indifference Curves; 3.9 Budget Constraint and n-Dimensional Maximization Problem Formulation 3.10 Determining Optimal Safety Management Preferences within the Budget Constraint for a Two-dimensional Problem3.11 Conclusions; References; Chapter 4 Operational Safety Decision-making and Economics; 4.1 Economic Theories and Safety Decisions; 4.1.1 Introduction; 4.1.2 Expected Utility Theory; 4.1.3 Prospect Theory; 4.1.4 Bayesian Decision Theory; 4.1.5 Risk and Uncertainty; 4.1.6 Making a Choice Out of a Set of Options; 4.1.7 Impact of Affect and Emotion in the Process of Making a Choice between Alternatives; 4.1.8 Influence of Regret and Disappointment on Decision-making. - 4.1.9 Impact of Intuition on Decision-making |
| ctrlnum | (ZDB-35-WIC)ocn956649480 (OCoLC)959545230 (DE-599)BVBBV043896999 |
| dewey-full | 660 |
| dewey-hundreds | 600 - Technology (Applied sciences) |
| dewey-ones | 660 - Chemical engineering |
| dewey-raw | 660 |
| dewey-search | 660 |
| dewey-sort | 3660 |
| dewey-tens | 660 - Chemical engineering |
| discipline | Chemie / Pharmazie Technik |
| format | Electronic eBook |
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| id | DE-604.BV043896999 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:37:54Z |
| institution | BVB |
| isbn | 1118871510 1118871545 9781118871515 9781118871546 |
| language | English |
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| publisher | Wiley |
| record_format | marc |
| spelling | Reniers, Genserik L. L. Verfasser aut Operational Safety Economics a Practical Approach focused on the Chemical and Process Industries Chichester, West Sussex Wiley 2016 1 online resource (339 pages) txt rdacontent c rdamedia cr rdacarrier Cover; Title Page; Copyright; Contents; Preface; Disclaimer; Acknowledgements; List of Acronyms; Chapter 1 Introduction; 1.1 The ""Why"" of Operational Safety; 1.2 Back to the Future: the Economics of Operational Safety; 1.3 Difficulties in Operational Safety Economics; 1.4 The Field of Operational Safety within the Profitability of an Organization; 1.5 Conclusions; References; Chapter 2 Operational Risk, Operational Safety, and Economics; 2.1 Defining the Concept of Operational Risk; 2.2 Dealing with Operational Risks; 2.3 Types of Operational Risk 2.4 The Importance of Operational Safety Economics for a Company2.5 Balancing between Productivity and Safety; 2.6 The Safety Equilibrium Situation or ""HRO Safety""; 2.6.1 HRO Principle 1: Targeted at Disturbances; 2.6.2 HRO Principle 2: Reluctant for Simplification; 2.6.3 HRO Principle 3: Sensitive toward Implementation; 2.6.4 HRO Principle 4: Devoted to Resiliency; 2.6.5 HRO Principle 5: Respectful for Expertise; 2.7 The Egg Aggregated Model (TEAM) of Safety Culture; 2.8 Safety Futures; 2.9 The Controversy of Economic Analyses 2.10 Scientific Requirements for Adequate Economic Assessment Techniques2.11 Four Categories of Data; 2.12 Improving Decision-making Processes for Investing in Safety; 2.13 Conclusions; References; Chapter 3 Economic Foundations; 3.1 Macroeconomics and Microeconomics; 3.2 Safety Demand and Long-term Average Cost of Production; 3.2.1 Safety Demand; 3.2.2 Long-term Average Cost of Production and Safety; 3.3 Safety Value Function; 3.4 Expected Value Theory, Value at Risk, and Safety Attitude; 3.4.1 Expected Value Theory; 3.4.2 Value at Risk; 3.4.3 Safety Attitude; 3.5 Safety Utilities 3.5.1 Safety Utility Functions3.5.2 Expected Utility and Certainty Equivalent; 3.6 Measuring Safety Utility Functions; 3.7 Preferences of Safety Management -- Safety Indifference Curves; 3.8 Measuring Safety Indifference Curves; 3.8.1 Questionnaire-based Type I Safety Indifference Curves; 3.8.2 Problems with Determining an Indifference Curve; 3.8.3 Time Trade-off-based Safety Utilities for Type II Safety Indifference Curves; 3.9 Budget Constraint and n-Dimensional Maximization Problem Formulation 3.10 Determining Optimal Safety Management Preferences within the Budget Constraint for a Two-dimensional Problem3.11 Conclusions; References; Chapter 4 Operational Safety Decision-making and Economics; 4.1 Economic Theories and Safety Decisions; 4.1.1 Introduction; 4.1.2 Expected Utility Theory; 4.1.3 Prospect Theory; 4.1.4 Bayesian Decision Theory; 4.1.5 Risk and Uncertainty; 4.1.6 Making a Choice Out of a Set of Options; 4.1.7 Impact of Affect and Emotion in the Process of Making a Choice between Alternatives; 4.1.8 Influence of Regret and Disappointment on Decision-making. - 4.1.9 Impact of Intuition on Decision-making Describes how to make economic decisions regading safety in the chemical and process industries -Covers both technical risk assessment and economic aspects of safety decision-making -Suitable for both academic researchers and practitioners in industry -Addresses cost-benefit analysis for safety investments SCIENCE / Chemistry / Industrial & Technical bisacsh TECHNOLOGY & ENGINEERING / Chemical & Biochemical bisacsh Chemie Chemical industry / Risk assessment Chemical industry / Safety measures Betriebssicherheit (DE-588)4145063-2 gnd rswk-swf Sicherheitsplanung (DE-588)4217560-4 gnd rswk-swf Chemische Verfahrenstechnik (DE-588)4069941-9 gnd rswk-swf Betriebssicherheit (DE-588)4145063-2 s Sicherheitsplanung (DE-588)4217560-4 s Chemische Verfahrenstechnik (DE-588)4069941-9 s 1\p DE-604 Van Erp, H. R. Noel Sonstige oth Erscheint auch als Druckausgabe 978-1-118-87112-6 https://onlinelibrary.wiley.com/doi/book/10.1002/9781118871546 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Reniers, Genserik L. L. Operational Safety Economics a Practical Approach focused on the Chemical and Process Industries Cover; Title Page; Copyright; Contents; Preface; Disclaimer; Acknowledgements; List of Acronyms; Chapter 1 Introduction; 1.1 The ""Why"" of Operational Safety; 1.2 Back to the Future: the Economics of Operational Safety; 1.3 Difficulties in Operational Safety Economics; 1.4 The Field of Operational Safety within the Profitability of an Organization; 1.5 Conclusions; References; Chapter 2 Operational Risk, Operational Safety, and Economics; 2.1 Defining the Concept of Operational Risk; 2.2 Dealing with Operational Risks; 2.3 Types of Operational Risk 2.4 The Importance of Operational Safety Economics for a Company2.5 Balancing between Productivity and Safety; 2.6 The Safety Equilibrium Situation or ""HRO Safety""; 2.6.1 HRO Principle 1: Targeted at Disturbances; 2.6.2 HRO Principle 2: Reluctant for Simplification; 2.6.3 HRO Principle 3: Sensitive toward Implementation; 2.6.4 HRO Principle 4: Devoted to Resiliency; 2.6.5 HRO Principle 5: Respectful for Expertise; 2.7 The Egg Aggregated Model (TEAM) of Safety Culture; 2.8 Safety Futures; 2.9 The Controversy of Economic Analyses 2.10 Scientific Requirements for Adequate Economic Assessment Techniques2.11 Four Categories of Data; 2.12 Improving Decision-making Processes for Investing in Safety; 2.13 Conclusions; References; Chapter 3 Economic Foundations; 3.1 Macroeconomics and Microeconomics; 3.2 Safety Demand and Long-term Average Cost of Production; 3.2.1 Safety Demand; 3.2.2 Long-term Average Cost of Production and Safety; 3.3 Safety Value Function; 3.4 Expected Value Theory, Value at Risk, and Safety Attitude; 3.4.1 Expected Value Theory; 3.4.2 Value at Risk; 3.4.3 Safety Attitude; 3.5 Safety Utilities 3.5.1 Safety Utility Functions3.5.2 Expected Utility and Certainty Equivalent; 3.6 Measuring Safety Utility Functions; 3.7 Preferences of Safety Management -- Safety Indifference Curves; 3.8 Measuring Safety Indifference Curves; 3.8.1 Questionnaire-based Type I Safety Indifference Curves; 3.8.2 Problems with Determining an Indifference Curve; 3.8.3 Time Trade-off-based Safety Utilities for Type II Safety Indifference Curves; 3.9 Budget Constraint and n-Dimensional Maximization Problem Formulation 3.10 Determining Optimal Safety Management Preferences within the Budget Constraint for a Two-dimensional Problem3.11 Conclusions; References; Chapter 4 Operational Safety Decision-making and Economics; 4.1 Economic Theories and Safety Decisions; 4.1.1 Introduction; 4.1.2 Expected Utility Theory; 4.1.3 Prospect Theory; 4.1.4 Bayesian Decision Theory; 4.1.5 Risk and Uncertainty; 4.1.6 Making a Choice Out of a Set of Options; 4.1.7 Impact of Affect and Emotion in the Process of Making a Choice between Alternatives; 4.1.8 Influence of Regret and Disappointment on Decision-making. - 4.1.9 Impact of Intuition on Decision-making SCIENCE / Chemistry / Industrial & Technical bisacsh TECHNOLOGY & ENGINEERING / Chemical & Biochemical bisacsh Chemie Chemical industry / Risk assessment Chemical industry / Safety measures Betriebssicherheit (DE-588)4145063-2 gnd Sicherheitsplanung (DE-588)4217560-4 gnd Chemische Verfahrenstechnik (DE-588)4069941-9 gnd |
| subject_GND | (DE-588)4145063-2 (DE-588)4217560-4 (DE-588)4069941-9 |
| title | Operational Safety Economics a Practical Approach focused on the Chemical and Process Industries |
| title_auth | Operational Safety Economics a Practical Approach focused on the Chemical and Process Industries |
| title_exact_search | Operational Safety Economics a Practical Approach focused on the Chemical and Process Industries |
| title_full | Operational Safety Economics a Practical Approach focused on the Chemical and Process Industries |
| title_fullStr | Operational Safety Economics a Practical Approach focused on the Chemical and Process Industries |
| title_full_unstemmed | Operational Safety Economics a Practical Approach focused on the Chemical and Process Industries |
| title_short | Operational Safety Economics |
| title_sort | operational safety economics a practical approach focused on the chemical and process industries |
| title_sub | a Practical Approach focused on the Chemical and Process Industries |
| topic | SCIENCE / Chemistry / Industrial & Technical bisacsh TECHNOLOGY & ENGINEERING / Chemical & Biochemical bisacsh Chemie Chemical industry / Risk assessment Chemical industry / Safety measures Betriebssicherheit (DE-588)4145063-2 gnd Sicherheitsplanung (DE-588)4217560-4 gnd Chemische Verfahrenstechnik (DE-588)4069941-9 gnd |
| topic_facet | SCIENCE / Chemistry / Industrial & Technical TECHNOLOGY & ENGINEERING / Chemical & Biochemical Chemie Chemical industry / Risk assessment Chemical industry / Safety measures Betriebssicherheit Sicherheitsplanung Chemische Verfahrenstechnik |
| url | https://onlinelibrary.wiley.com/doi/book/10.1002/9781118871546 |
| work_keys_str_mv | AT reniersgenserikll operationalsafetyeconomicsapracticalapproachfocusedonthechemicalandprocessindustries AT vanerphrnoel operationalsafetyeconomicsapracticalapproachfocusedonthechemicalandprocessindustries |