Decisions under Uncertainty: Probabilistic Analysis for Engineering Decisions

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9780521369978: Decisions under Uncertainty: Probabilistic Analysis for Engineering Decisions
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To better understand the core concepts of probability and to see how they affect real-world decisions about design and system performance, engineers and scientists might want to ask themselves the following questions: What exactly is meant by probability? What is the precise definition of the 100-year load and how is it calculated? What is an "extremal" probability distribution? What is the Bayesian approach? How is utility defined? How do games fit into probability theory? What is entropy? How do I apply these ideas in risk analysis? Starting from the most basic assumptions, this book develops a coherent theory of probability and broadens it into applications in decision theory, design, and risk analysis. This book is written for engineers and scientists interested in probability and risk. It can be used by undergraduates, graduate students, or practicing engineers.

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Book Description:

Risk assessment is a critical part of every engineer's role, whether it is simply to determine the likelihood of failure of a new product within the warranty period, or the potential cost, human and financial, of the catastrophic failure of a bridge. This book helps the reader to understand the tradeoffs between time, costs and risk in an engineering setting, and includes a wide range of case studies and worked examples. Equally valuable for graduate students, practising engineers, designers and project managers.

About the Author:

Ian Jordaan is a full Professor in the Faculty of Engineering and Applied Science at the Memorial University of Newfoundland, Canada. Prior to joining the university in 1986 he was Vice President, Research and Development at Det Norske Veritas (Canada) Ltd., and before this he was a full Professor in the Department of Civil Engineering at the University of Calgary, Canada. He is the recipient of a number of awards including the Horst Leipholz Medal of the Canadian Society for Civil Engineering and held the NSERC-Mobil Industrial Research Chair in Ocean Engineering at Newfoundland from 1986 to 1996.

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9780521782777: Decisions under Uncertainty: Probabilistic Analysis for Engineering Decisions

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Publisher: Cambridge University Press, 2005
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Book Description Cambridge University Press. Paperback. Condition: New. 690 pages. Dimensions: 9.6in. x 6.6in. x 1.5in.To better understand the core concepts of probability and to see how they affect real-world decisions about design and system performance, engineers and scientists might want to ask themselves the following questions: What exactly is meant by probability What is the precise definition of the 100-year load and how is it calculated What is an extremal probability distribution What is the Bayesian approach How is utility defined How do games fit into probability theory What is entropy How do I apply these ideas in risk analysis Starting from the most basic assumptions, this book develops a coherent theory of probability and broadens it into applications in decision theory, design, and risk analysis. This book is written for engineers and scientists interested in probability and risk. It can be used by undergraduates, graduate students, or practicing engineers. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Seller Inventory # 9780521369978

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