Economic Optimization of Innovation & Risk - Softcover

Shuler, Robert

Softcover

ISBN 10: 0991113063 ISBN 13: 9780991113064

Publisher: Robert Shuler, 2015

Synopsis

A Theory of Crash Rate for Private & Public Projects with Critical or non-Critical systems. Analyzing & managing risk has been a quest for 5000 years, and is essential to everything from water supplies, finance, and agriculture to computers and space travel. At last there is a quantitative theory and a simple equation that allows you to: - choose your failure rate - get there optimally - avoid unexpected effects - profit where the competition fails Work a project example based on real-world data to manage the risk of a for-profit 10-passenger transport to an orbital tourism facility. Examine possibilities for managing the crash rate of countries and even the world.

About this title

From the Author

This is the author's official edition, with over 100 pages explaining the theory and its implications, with a worked out example, application to personal projects, and application to motorway safety.  It is printed will full color illustrations.

About the Author

Robert Shuler combines 42 years of experience in aerospace & software fault tolerant systems design, verification and management with 50 years investing experience and a knack for finding hidden principles.  He has half a dozen patents and numerous publications in fields ranging from economics (corporate risk compensation, the equity premium) to physics (inertia & quantum gravity).  He lives in Texas with his wife Natasha, and has written books on The Equity Premium Puzzle and Money, Wealth & War.

About this edition

• Publisher: Robert Shuler
• Publication date: 2015
• ISBN 10: 0991113063
• ISBN 13: 9780991113064
• Binding: Paperback
• Number of pages: 100