Risk in Extreme Environments

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Risk in Extreme Environments presents a wide-ranging discussion of approaches for assessing and managing extreme risks. Extreme events are not only severe, but also outside the normal range of experience of the system in question, and can include environmental catastrophe; engineering failure; financial or business meltdown; and nuclear or other extreme terrorism. The book focuses on synthesizing research results in a way that provides insights useful to decision makers, and enables them to ask probing questions about the risks faced by their organizations, identify creative solutions, and minimize the neglect of extreme risks that can come from a focus on mundane or ordinary management challenges. The book details case studies on nuclear power, infectious diseases, and global catastrophic risks, in addition to sections on risk assessment, risk management, and risk perceptions. Since effective management benefits from an interdisciplinary perspective, the chapter authors include experts in economics, engineering, geography, law, political science, psychology, sociology, and science in addition to risk analysis. Risk in Extreme Environments is an accessible and valuable resource for risk managers and other decision makers responsible for large complex business and government decisions, while also providing enough detail and references to be informative for risk analysts interested in learning more about technical aspects of the various methods.

Table of contents

Half Title
Title Page
Copyright Page
Table of Contents
List of illustrations
About the editor
Notes on contributors
Part 1 Assessing the risks of extreme events
1 Probabilistic risk analysis
2 The meaning of black swans
Part 2 Managing the risks of extreme events
3 “As if their lives depended on it”: high performance in extreme environments
4 Decision making on trial: the extreme situation at Fukushima Dai Ichi
5 Prevention versus response: application in the management of disease
6 The feasibility and value of adaptive strategies for extreme risks
Part 3 Perceptions of extreme risks
7 It won’t happen to me: the behavioral impact of extreme risks
8 Social amplification of risk and extreme events
Part 4 Case studies of extreme risks
9 Safety and severe accidents in nuclear reactors
10 Mitigating extreme infectious disease disaster risk
11 Global catastrophes: the most extreme risks

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