Includes a wealth of ne
Trade Review
Praise for the First Edition
"This book ambitiously tackles risk analysis from the ground up. … an excellent reference for individuals studying in a variety of risk-related disciplines. … enlightening [examples]…attractive to students approaching risk studies from a variety of substantive backgrounds. … Advanced students are likely to find Ayyub's treatments…exceedingly valuable."
—Journal of the American Statistical Association, June 2004, Vol. 99, No. 466
"… a good textbook and reference. The mix of engineering and economics is well balanced. … Valuable for students after college and useful for professional engineers."
—Technometrics, August 2004, Vol. 46, No. 3
Praise for the Second Edition
"… one of a kind in the market. … I am not aware of books that cover the subject in as comprehensive a manner."
—Professor Nii O. Attoh-Okine, University of Delaware, Newark, USA
Table of Contents
Introduction. Risk Analysis Methods. System Definition and Structure. Reliability Assessment. Failure Consequences and Severity. Engineering Economics and Finance. Risk Control Methods. Data for Risk Studies. Fundamentals of Probability and Statistics. Failure Data. References and Bibliography. Index.