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Risk management is an interdisciplinary discipline that involves several aspects. It is absolutely necessary to make sure we manage risks in order to minimize their threats and maximize their potential. This book tries to investigate the complexity that characterizes risk management. It contains original research and application chapters from different perspectives and covers different areas such as human aspects, emergency management, cognitive factors, software engineering, and marketing. The idea of the book is to expand the reader's consciousness to deal with problems regarding risk management.
This authoritative collection goes beyond economic statistics and probability data to offer a robust psychological understanding of risk perception and risk taking behavior. Expert contributors examine various risk domains in life, and pinpoint cognitive, emotional, and personality factors contributing to individual differences in risk taking as well as the many nuances social demographics (e.g., culture, gender) bring to risk decisions. Coverage takes competing theories and studies into account to identify mechanisms involved in processing and acting on uncertainty. And implications and applications are demonstrated in varied fields, from updated risk models for the insurance sector to improved risk communication in health services to considering risk perception in policy decisions. A sampling of the topics: Personality and risk: beyond daredevils—risk taking from a temperament perspective. Cognitive, developmental, and neurobiological aspects of risk judgments. The group effect: social influences on risk identification, analysis, and decision-making. Cognitive architectures as a scaffolding for risky choice models. Improving understanding of health-relevant numerical information. Risk culture as a framework for improving competence in risk management. Psychological Perspectives on Risk and Risk Analysis will be of great interest to researchers in and outside of psychology, including decision-making experts and behavioral economists. Additionally, this volume will appeal to practitioners who often have to make risky decisions, such as managers and physicians.
Cognitive Risk is a book about the least understood but most pervasive risk to mankind – human decision-making. Cognitive risks are subconscious and unconscious influence factors on human decision-making: heuristics and biases. To understand the scope of cognitive risk, we look at case studies, corporate and organizational failure, and the science that explains why we systemically make errors in judgment and repeat the same errors. The book takes a multidisciplinary and pedestrian stroll through behavioral science with a light touch, using stories to explain why we consistently make cognitive errors that not only increase risks but also simultaneously fail to recognize these errors in ourselves or our organizations. This science has deep roots in organizational behavior, psychology, human factors, cognitive science, and behavioral science all influenced by classic philosophers and enabled through advanced analytics and artificial intelligence. The point of the book is simple. Humans persist with bounded rationality, but as the speed of information, data, money, and life in general accelerates, we will need the right tools to not only keep pace but to survive and thrive. In light of all these factors that complicate risk, the book offers a foundational solution. A cognitive risk framework for enterprise risk management and cyber security. There are five pillars in a cognitive risk framework with five levels of maturity, yet there is no universally prescribed maturity level. It is more a journey of different paths. Each organization will pursue its own path, but the goal is the same – to minimize the errors that could have been avoided. We explain why risks are hard to discuss and why we systematically ignore the aggregation of these risks hidden in collective decision-making in an organization. The cognitive risk framework is a framework designed to explore the two most complex risks organizations face: uncertainty and decision-making under uncertainty. The first pillar is cognitive governance, which is a structured approach for institutionalizing rational decision-making across the enterprise. Each pillar is complimentary and builds on the next in a succession of continuous learning. There is no endpoint because the pillars evolve with technology. Enterprise risk is a team effort in risk intelligence grounded in a framework for good decision-making. We close with a call to become designers of risk solutions enabled by the right technology and nurtured by collaboration. We hope you enjoy the book with this context.
The third edition of a bestseller, Human Safety and Risk Management: A Psychological Perspective incorporates a decade of new research and development to provide you with a comprehensive and contemporary guide to the psychology of risk and workplace safety. A major enhancement is reflected in the new subtitle for the book, A Psychological Perspective, which highlights both the expertise of the authors and also confirms the predominantly psychological orientation of the revised text. New in the Third Edition: State-of-the-art theory reviews, research findings, and practical applications New chapter on impact that sensor technologies have on approaches to safety and risk in contemporary society Enhanced chapters on key issues around sensing danger, risk perception, error detection, safety culture, risk management, leadership, teams, and stress management This book discusses how people perceive and manage risks and how to make the workplace a safer place. It examines the influence of individual factors on safety, as well as team and organizational factors at work, from a psychological perspective. It also highlights changes in safety due to the changing workplace, globalization, and managing employees’ safety and health beyond the workplace — a challenge that many organizations have yet to address. Reflecting current scientific research across a range of disciplines as it applies to human safety and risk management, this book helps you meet the challenges posed by the rapidly evolving workplace.
This book presents recent research using cognitive science to apprehend risk situations and elaborate new organizations, new systems and new methodological tools in response. The book demonstrates the reasons, advantages and implications of the association of the concepts of cognition and risk. It is shown that this association has strong consequences on how to apprehend critical situations that emerge within various activity domains, and how to elaborate responses to these critical situations.. The following topics are covered by the book: · Influence of the culture in risk management, · Influence of the risk communication in risk management, · User-centred design to improve risk situation management, · Designing new tools to assist risk situation management, · Risk prevention in industrial activities.
This book presents innovative theories, methodologies, and techniques in the field of risk management and decision making. It introduces new research developments and provides a comprehensive image of their potential applications to readers interested in the area. The collection includes: computational intelligence applications in decision making, multi-criteria decision making under risk, risk modelling,forecasting and evaluation, public security and community safety, risk management in supply chain and other business decision making, political risk management and disaster response systems. The book is directed to academic and applied researchers working on risk management, decision making, and management information systems.
Safety and Reliability – Theory and Applications contains the contributions presented at the 27th European Safety and Reliability Conference (ESREL 2017, Portorož, Slovenia, June 18-22, 2017). The book covers a wide range of topics, including: • Accident and Incident modelling • Economic Analysis in Risk Management • Foundational Issues in Risk Assessment and Management • Human Factors and Human Reliability • Maintenance Modeling and Applications • Mathematical Methods in Reliability and Safety • Prognostics and System Health Management • Resilience Engineering • Risk Assessment • Risk Management • Simulation for Safety and Reliability Analysis • Structural Reliability • System Reliability, and • Uncertainty Analysis. Selected special sessions include contributions on: the Marie Skłodowska-Curie innovative training network in structural safety; risk approaches in insurance and fi nance sectors; dynamic reliability and probabilistic safety assessment; Bayesian and statistical methods, reliability data and testing; oganizational factors and safety culture; software reliability and safety; probabilistic methods applied to power systems; socio-technical-economic systems; advanced safety assessment methodologies: extended Probabilistic Safety Assessment; reliability; availability; maintainability and safety in railways: theory & practice; big data risk analysis and management, and model-based reliability and safety engineering. Safety and Reliability – Theory and Applications will be of interest to professionals and academics working in a wide range of industrial and governmental sectors including: Aeronautics and Aerospace, Automotive Engineering, Civil Engineering, Electrical and Electronic Engineering, Energy Production and Distribution, Environmental Engineering, Information Technology and Telecommunications, Critical Infrastructures, Insurance and Finance, Manufacturing, Marine Industry, Mechanical Engineering, Natural Hazards, Nuclear Engineering, Offshore Oil and Gas, Security and Protection, Transportation, and Policy Making.
This new edition describes a stage-specific model highlighting the risk, the clinical and biological factors present during the development of psychotic illness, and the best treatments available for each of these stages. Guides practitioners and researchers in the adoption of carefully planned management strategies fully integrating treatment with prevention.
The sixth edition of Security and Loss Prevention continues the tradition of providing introductory and advanced coverage of the body of knowledge of the security profession. To bridge theory to practice is the book's backbone, and Philip Purpura continues this strong effort with new sidebars and text boxes presenting actual security challenges from real-life situations. Globally recognized and on the ASIS International Certified Protection Professional reading list, the sixth edition of Security and Loss Prevention enhances its position in the market as a comprehensive, interdisciplinary, and up-to-date treatment of the area, connecting the public and private sector and the worlds of physical security and technological security. Purpura once again demonstrates why students and professionals alike rely on this best-selling text as a timely, reliable resource encompassing the breadth and depth of considerations involved when implementing general loss prevention concepts and security programs within an organization. - New focus on recent technologies like social networks, digital evidence warrants, and advances in CCTV, and how those apply to security and loss prevention. - Incorporates changes in laws, presents various strategies of asset protection, and covers the ever-evolving technology of security and loss prevention. - Utilizes end-of-chapter case problems that take the chapters' content and relate it to real security situations and issues, offering various perspectives on contemporary security challenges. - Includes student study questions and an accompanying Instructor's manual with lecture slides, lesson plans, and an instructor test bank for each chapter.
The purpose of this book is to collect a high-quality selection of contemporary research articles on life cycle perspectives when we want to assess and predict the sustainability of solutions that lie in front of us.The book focuses on methodologies and tools used for life cycle sustainability management covering environmental, social, and economic aspects in business practices, including modeling and simulation-based approaches. In particular, the book aims to collect research, applications, and case studies in the field of environmental analysis and industrial ecology, with a focus on how to assess contributions to increase resource efficiency and reduce environmental impact on production and service systems in a life cycle perspective (raw material extraction, production, use, and end-of-life management).This book is intended to be a useful resource for anyone who deals with this issue.