Multi-Criteria Decision-Making (MCDM) includes methods and tools for modeling and solving complex problems. MCDM has become popular in the production and service sectors to improve the quality of service, reduce costs, and make people more prosperous. This book illustrates applications through case studies focused on disaster management. With a presentation of both Multi-Attribute Decision-Making (MADM) and Multi-Objective Decision-Making (MODM) models, this is the first book to merge these methods and tools with disaster management. This book raises awareness for society and decision-makers on how to measure readiness and what necessary preventive measures need to be taken. It offers models and case studies that can be easily adapted to solve complex problems and find solutions in other fields. Multi-Criteria Decision Analysis: Case Studies in Disaster Management will offer new insights to researchers working in the areas of industrial engineering, systems engineering, healthcare systems, operations research, mathematics, business, computer science, and disaster management, and, hopefully, the book will also stimulate further work in MCDM.

Through its exploration of the spatial dimension of risk, this book offers a brand new approach to theorizing risk, and significant improvements in how to manage, tolerate and take risks. A broad range of risks are examined, including natural hazards, climate change, political violence, and state failure. Case studies range from the Congo to Central Asia, from tsunami in Japan and civil war affected areas in Sri Lanka to avalanche hazards in Austria. In each of these cases, the authors examine the importance and role of space in the causes and differentiation of risk, in how we can conceptualize risk from a spatial perspective and in the relevance of space and locality for risk governance. This new approach - endorsed by Ragnar Loefstedt and Ortwin Renn, two of the world's leading and most prolific risk analysts - is essential reading for those charged with studying, anticipating and managing risks.

Drawing on theory from anthropology, sociology, organisation studies and philosophy, this book addresses how the perception, communication and management of risk is shaped by culturally informed and socially embedded knowledge and experience. It provides an account of how interpretations of risk in society are conditioned by knowledge claims and cultural assumptions and by the orientationof actors based on roles, norms, expectations, identities, trust and practical rationality within a lived social world. By focusing on agency, social complexity and the production and interpretation of meaning, the book offers a comprehensive and holistic theoretical perspective on risk, based on empirical case studies and ethnographic enquiry. As a selection of Asa Boholm's publications throughout her career, along with a newly written introduction overviewing the field, this book provides a unified perspective on risk as a construct shaped by social and cultural contexts.This collection should be of interest to students and scholars of risk communication, risk management, environmental planning, environmental management and environmental and applied anthropology.

Drawing on theory from anthropology, sociology, organisation studies and philosophy, this book addresses how the perception, communication and management of risk is shaped by culturally informed and socially embedded knowledge and experience. It provides an account of how interpretations of risk in society are conditioned by knowledge claims and cultural assumptions and by the orientationof actors based on roles, norms, expectations, identities, trust and practical rationality within a lived social world. By focusing on agency, social complexity and the production and interpretation of meaning, the book offers a comprehensive and holistic theoretical perspective on risk, based on empirical case studies and ethnographic enquiry. As a selection of Asa Boholm's publications throughout her career, along with a newly written introduction overviewing the field, this book provides a unified perspective on risk as a construct shaped by social and cultural contexts.This collection should be of interest to students and scholars of risk communication, risk management, environmental planning, environmental management and environmental and applied anthropology.

This is a reprint of ISBN 978-0-901357-46-5 Disasters: learning the lessons for a safer world is both a tribute to the victims of past safety failures and a warning against complacency and cutting corners today. It also recognises the achievements of health and safety professionals and others in learning the lessons of past mistakes. As Trevor Kletz has written, "Someone has paid the 'tuition fess'. There is no need for you to pay them again." Illustrated throughout in colour, the book looks at over 90 accidents, incidents and safety failures. Some, like Aberfan, Chernobyl and Hillsborough, are known simply by a single place name. Others have now faded from our collective consciousness but still have important lessons for us today, such as the early fires, explosions and mining disasters that paved the way for better safety management. Disasters: learning the lessons for a safer world offers: a description of events from 1800 to the present day a wide range of incidents, from explosions and fires to floods, pollution and human and animal ill health information on the background to each incident, what happened and the lessons that were learnt an exploration of the politics of disaster and risk reduction

Financial incentives have long been used to try to influence professional values and practices. Recent events including the global financial crisis and the BP Texas City refinery disaster have been linked to such incentives, with commentators calling for a critical look at these systems given the catastrophic outcomes. Risky Rewards engages with this debate, particularly in the context of the present and potential role of incentives to manage major accident risk in hazardous industries. It examines the extent to which people respond to financial incentives, the potential for perverse consequences, and approaches that most appropriately focus attention on major hazard risk. The book is based in part on an empirical study of bonus arrangements in eleven companies operating in hazardous industries, including oil, gas, chemical and mining.

Climate change poses a risk to business operations and to markets, and a poor business response to this risk can lead to reputational damage, or worse. At the same time, climate change can bring opportunities for some businesses. In this addition to Gower's series of Short Guides to Business Risk, Professor Arnell, one of the world's leading experts in the field, reviews this critical area of risk posed to businesses and other organisations by climate change and considers how they can respond to this threat. A Short Guide to Climate Change Risk focuses on the impacts and consequences of climate change rather than on business use of energy or business and 'sustainability' issues. The author examines the advantages and disadvantages of different approaches to addressing these risks, with international case study examples. With chapters on the nature, science and politics of climate change, on the assessment and management of climate change risks, and recommendations for incorporating climate change risks into a Company Risk Management System, this concise guide serves the needs of business students and practitioners across a wide range of sectors, public and private.

This book examines the idea of educational accountability in higher education, which has become a new secular gospel. But do accountability policies actually make colleges better? What if educational accountability tools don't actually measure what they're supposed to? What if accountability data isn't valid, or worse, what if it's meaningless? What if administrators don't know how to use accountability tools or correctly analyze the problematic data these tools produce? What if we can't measure, let alone accurately assess, what matters most with teaching or student learning. What if students don't learn much in college? What if higher education was never designed to produce student learning? What if college doesn't help most students, either personally or economically? What if higher education isn't meritocratic, actually exacerbates inequality, and makes the lives of disadvantaged students even worse? This book will answer these questions with a wide, interdisciplinary range of the latest scientific research.

Every day decision making in complex human-centric systems are characterized by imperfect decision-relevant information. The principal problems with the existing decision theories are that they do not have capability to deal with situations in which probabilities and events are imprecise. In this book, we describe a new theory of decision making with imperfect information. The aim is to shift the foundation of decision analysis and economic behavior from the realm bivalent logic to the realm fuzzy logic and Z-restriction, from external modeling of behavioral decisions to the framework of combined states.This book will be helpful for professionals, academics, managers and graduate students in fuzzy logic, decision sciences, artificial intelligence, mathematical economics, and computational economics.

This book will show you how to build a sustainable reputation risk management framework and how to handle your next reputation risk crisis. It will help you identify ways in which reputation risk can impact bottom line, and then show you how to set up a framework for turning that risk into an opportunity for good, sustainable business. Reputation risk is a strategic risk and a potentially material risk, all the more so in the 'age of hyper-transparency'. This needs to be clearly understood by both management and boards of directors so that the people tasked with reputation risk have the support they need to align their reputation risk management with business strategy and planning. The Reputation Risk Handbook provides a clear framework to identify, manage and resolve reputation risk, including: A clear description of what reputation risk is and how it fits within the pantheon of corporate and institutional risk and strategic management A practical process for creating early warning systems and on-going management and monitoring of reputation risks Techniques for aligning reputation risk management with business strategy and business planning Several case studies, including examples of when reputation risk management has gone wrong Examples of how to manage specific reputation risks successfully or deal with a reputation risk crisis. The Reputation Risk Handbook is not just for practitioners - those who manage risk and reputation directly - but for those who have oversight of risk management - namely boards, their committees and the c-suite. In addition to a framework for practitioners, the book provides specific suggestions for boards, including questions to ask management and what to look for within their organizations.

In an age of globalization, widely distributed systems, and rapidly advancing technological change, IT professionals and their managers must understand that risk is ever present. The key to project success is to identify risk and subsequently deal with it. The CIO's Guide to Risk addresses the many faces of risk, whether it be in systems development, adoption of bleeding edge tech, the push for innovation, and even the march toward all things social media. Risk management planning, risk identification, qualitative and quantitative risk analysis, contingency planning, and risk monitoring and control are all addressed on a macro as well as micro level. The book begins with a big-picture view of analyzing technology trends to evaluate risk. It shows how to conceptualize trends, analyze their effect on infrastructure, develop metrics to measure success, and assess risk in adapting new technology. The book takes an in-depth look at project-related risks. It explains the fundamentals of project management and how project management relates to systems development and technology implementation. Techniques for analyzing project risk include brainstorming, the Delphi technique, assumption analysis, and decision analysis. Metrics to track and control project risks include the Balance Scorecard, project monitoring and reporting, and business and technology metrics. The book also takes an in-depth look at the role of knowledge management and innovation management in identifying, assessing, and managing risk. The book concludes with an executive's guide to the legal and privacy issues related to risk management, as well overviews of risks associated with social media and mobile environments. With its checklists, templates, and worksheets, the book is an indispensable reference on risk and information technology.

Beginning from the premise that psychology needs to be questioned, dismantled and new perspectives brought to the table in order to produce alternative solutions, this book takes an unusual transdisciplinary step into the activism of Black feminist theory. The author, Suryia Nayak, presents a close reading of Audre Lorde and other related scholars to demonstrate how the activism of Black feminist theory is concerned with issues central to radical critical thinking and practice, such as identity, alienation, trauma, loss, the position and constitution of individuals within relationships, the family, community and society. Nayak reveals how Black feminist theory seeks to address issues that are also a core concern of critical psychology, including individualism, essentialism and normalization. Her work grapples with several issues at the heart of key contemporary debates concerning methodology, identity, difference, race and gender. Using a powerful line of argument, the book weaves these themes together to show how the activism of Black feminist theory in general, and the work of Audre Lorde in particular, can be used to effect social change in response to the damaging psychological impact of oppressive social constructions. Race, Gender and the Activism of Black Feminist Theory will be of great interest to advanced students, researchers, political activist and practitioners in psychology, counselling, psychotherapy, mental health, social work and community development.

Risk, Surprises and Black Swans provides an in depth analysis of the risk concept with a focus on the critical link between knowledge; and the lack of knowledge, that risk and probability judgements are based on. Based on technical scientific research, this book presents a new perspective to help you understand how to assess and manage surprising, extreme events, known as 'Black Swans'. This approach looks beyond the traditional probability-based principles to offer a broader insight into the important aspects of uncertain events and in doing so explores the ways to manage them. This book recognises the fundamental issues surrounding risk assessment and risk management to help you to understand and prepare for black swan events. Complete with international examples to illustrate ideas and concepts Integrates risk management and resilience based thinking Suitable for a variety of applications including engineering, finance and security.

Over a period of several centuries, the academic study of risk has evolved as a distinct body of thought, which continues to influence conceptual developments in fields such as economics, management, politics and sociology. However, few scholarly works have given a chronological account of cultural and intellectual trends relating to the understanding and analysis of risks. Risk: A Study of its Origins, History and Politics aims to fill this gap by providing a detailed study of key turning points in the evolution of society's understanding of risk. Using a wide range of primary and secondary materials, Matthias Beck and Beth Kewell map the political origins and moral reach of some of the most influential ideas associated with risk and uncertainty at specific periods of time. The historical focus of the book makes it an excellent introduction for readers who wish to go beyond specific risk management techniques and their theoretical underpinnings, to gain an understanding of the history and politics of risk.

In the last two decades there has been a flourishing research carried out jointly by economists, psychologists and neuroscientists. This meltdown of competences has lead towards original approaches to investigate the mental and cognitive mechanisms involved in the way the economic agent collects, processes and uses information to make choices. This research field involves a new kind of scientist, trained in different disciplines, familiar in managing experimental data, and with the mathematical foundations of decision making. The ultimate goal of this research is to open the black-box to understandthe behavioural and neural processes through which humans set preferences and translate these behaviours into optimal choices. This volume intends to bring forward new results and fresh insights into this matter.

Trust is an important factor in risk management, affecting judgements of risk and benefit, technology acceptance and other forms of cooperation. In this book the world's leading risk researchers explore all aspects of trust as it relates to risk management and communication. Drawing on a wide variety of disciplinary approaches and empirical case studies (on topics such as mobile phone technology, well-known food accidents and crises, wetland management, smallpox vaccination, cooperative risk management of US forests and the disposal of the Brent Spar oil drilling platform), this is the most thorough and up-to-date examination of trust in all its forms and complexities. The book integrates diverse research traditions and provides new insights into the phenomenon of trust. Factors that lead to the establishment and erosion of trust are identified. Insightful analyses are provided for researchers and students of environmental and social science and professionals engaged in risk management and communication in both public and private sectors. Related titles The Tolerability of Risk (2007) 978-1-84407-398-6

Governing environmental risk, particularly large-scale transboundary risks associated with climate change and pollution, is one of the most pressing problems facing society . This book focuses on a set of key questions relating to environmental regulation: How are activities regulated in a fragmented world - a world of nation states, regulators, domestic and international law and political contests - and one in which a range of actors, such as governments, corporations and NGOs act in order to influence regulations in specific policy areas? How are complex and trans-boundary environmental issues managed? What role does expert knowledge play in regulating this kind of issues? What give rules authority? In short, how do actors try to render an issue governable? Drawing on regulation theory, discourse theory and science and technology studies, and employing original research, the authors analyse the regulation of four kinds of complex and trans-boundary environmental issues: oil protection in the Baltic Sea, mobile phones and radiation protection, climate change adaptation and genetically modified crops. The outcomes include insights for policymakers, regulators and researchers into how dominant frames are constructed, legitimate actors are configured and authority is established. This in turn exposes the conditions for, and possibility of, developing regulation, making authoritative rules and shaping relevant knowledge in order to govern complex environmental risks.

Multi-objective programming (MOP) can simultaneously optimize multi-objectives in mathematical programming models, but the optimization of multi-objectives triggers the issue of Pareto solutions and complicates the derived answers. To address these problems, researchers often incorporate the concepts of fuzzy sets and evolutionary algorithms into MOP models. Focusing on the methodologies and applications of this field, Fuzzy Multiple Objective Decision Making presents mathematical tools for complex decision making. The first part of the book introduces the most popular methods used to calculate the solution of MOP in the field of multiple objective decision making (MODM). The authors describe multi-objective evolutionary algorithms; expand de novo programming to changeable spaces, such as decision and objective spaces; and cover network data envelopment analysis. The second part focuses on various applications, giving readers a practical, in-depth understanding of MODM. A follow-up to the authors' Multiple Attribute Decision Making: Methods and Applications, this book guides practitioners in using MODM methods to make effective decisions. It also extends students' knowledge of the methods and provides researchers with the foundation to publish papers in operations research and management science journals.

This book develops the notion that companies can succeed on the basis of risk management, much as companies compete on efficiency, costs, labor, location, and other dimensions. The reality of risk and how it impacts companies is that it is much more definite, often catastrophic and looks more like a shock. This is striking, as a difference between firms on risk different than a marginal difference in operating efficiencies, for example. Competing on Risk Management requires a discipline, a commitment to using information and recognizing shocks and then acting upon those to redistribute assets. This book will examine how leading firms that compete on risk have done this and showcase best practices and impacts to the capital structure of firms and their organizational formation.

Why are vast sums spent on controlling some risks but not others? Is there any logic to the techniques we use in risk regulation? These are key questions explored in The Government of Risk. This book exposes the components of risk regulation systems and examines their interaction and explanation. The approach employed is of a high policy relevance as well as of considerable theoretical importance.

Through its exploration of the spatial dimension of risk, this book offers a brand new approach to theorizing risk, and significant improvements in how to manage, tolerate and take risks. A broad range of risks are examined, including natural hazards, climate change, political violence, and state failure. Case studies range from the Congo to Central Asia, from tsunami in Japan and civil war affected areas in Sri Lanka to avalanche hazards in Austria. In each of these cases, the authors examine the importance and role of space in the causes and differentiation of risk, in how we can conceptualize risk from a spatial perspective and in the relevance of space and locality for risk governance. This new approach endorsed by Ragnar L fstedt and Ortwin Renn, two of the world's leading and most prolific risk analysts is essential reading for those charged with studying, anticipating and managing risks.

In the last two decades there has been a flourishing research carried out jointly by economists, psychologists and neuroscientists. This meltdown of competences has lead towards original approaches to investigate the mental and cognitive mechanisms involved in the way the economic agent collects, processes and uses information to make choices. This research field involves a new kind of scientist, trained in different disciplines, familiar in managing experimental data, and with the mathematical foundations of decision making. The ultimate goal of this research is to open the black-box to understandthe behavioural and neural processes through which humans set preferences and translate these behaviours into optimal choices. This volume intends to bring forward new results and fresh insights into this matter.

The Cambridge philosopher Frank Ramsey (1903-1930) died tragically young, but had already established himself as one of the most brilliant minds of the twentieth century. Besides groundbreaking work in philosophy, particularly in logic, language, and metaphysics, he created modern decision theory and made substantial contributions to mathematics and economics. In these original essays, written to commemorate the centenary of Ramsey's birth, a distinguished international team of contributors offer fresh perspectives on his work and show how relevant it is to present-day concerns. Each of the ten essays addresses fundamental and contentious issues, including success semantics, propositions, infinity, conditionals, conceptual analysis, decision theory, and intergenerational justice. They also shed light on the intellectual context in which Ramsey developed his thought, including his relationship with such leading thinkers as John Maynard Keynes, Bertrand Russell, and Ludwig Wittgenstein. The volume will be indispensable reading for anyone interested in the recent history of philosophy and economics, as well as for practitioners and students of logic, metaphysics, philosophy of mathematics, philosophy of science, philosophy of mind, decision theory, and welfare economics.