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

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.

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.

This book provides a perspective on a number of financial modelling analytics and risk management. The book begins with extensive outline of GLM estimation techniques combined with the proof of its fundamental results. Applications of static and dynamic models provide a unified approach to the estimation of nonlinear risk models. The book then examines the definition of risks and their management, with particular emphasis on the importance of bi-modal distributions for financial regulation. Chapters also cover the implications of stress testing and the noncyclical CAR (Capital Adequacy Rule). The next section highlights financial modelling analytic approaches and techniques including an overview of memory based financial models, spanning non-memory models, long run and short memory. Applications of these models are used to highlight their variety and their importance to Financial Analytics. Subsequent chapters offer an extensive overview of multi-fractional models and their important applications to Asset price modeling (from Fractional to Multi-fractional Processes), and a look at the binomial pricing model by discussing the effects of memory on the pricing of asset prices. The book concludes with an examination of an algorithmic future perspective to real finance.

The chapters in "Future Perspectives in Risk Models and Finance" are concerned with both theoretical and practical issues. Theoretically, financial risks models are models of certainty, based on information and rules that are both available and agree to by their user. Empirical and data finance however, has provided a bridge between theoretical constructs risks models and the empirical evidence that these models entail. Numerous approaches are then used to model financial risk models, emphasizing mathematical and stochastic models based on the fundamental theoretical tenets of finance and others departing from the fundamental assumptions of finance. The underlying mathematical foundations of these risks models provide a future guideline for risk modeling. Both static and dynamic risk models are then considered. The chapters in this book provide selective insights and developments, that can contribute to a greater understanding the complexity of financial modelling and its ability to bridge financial theories and their practice. Risk models are models of uncertainty, and therefore all risk models are an expression of perceptions, priorities, needs and the information we have. In this sense, all risks models are complex hypotheses we have constructed and based on what we have or believe . Risk models are then challenged by their definition, are risk definition defining in fact prospective risks? By their estimation, what data can we apply to estimate risk processes and how can we do so? How should we use the data and the models at hand for useful and constructive end. "

Compliance has become key to our contemporary markets, societies, and modes of governance across a variety of public and private domains. While this has stimulated a rich body of empirical and practical expertise on compliance, thus far, there has been no comprehensive understanding of what compliance is or how it influences various fields and sectors. The academic knowledge of compliance has remained siloed along different disciplinary domains, regulatory and legal spheres, and mechanisms and interventions. This handbook bridges these divides to provide the first one-stop overview of what compliance is, how we can best study it, and the core mechanisms that shape it. Written by leading experts, chapters offer perspectives from across law, regulatory studies, management science, criminology, economics, sociology, and psychology. This volume is the definitive and comprehensive account of compliance.

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.

1) Enables engineers to meet international standards such as ISO 55 000. 2) Includes statistics essential to basic understanding of reliability engineering theory 3) Covers both high and low budget plants, alongside describing how to retrofit older plants and how to set up new plants 4) Includes a chapter on root cause analysis

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.

Engineering systems and products are an important element of the world economy and each year billions of dollars are spent to develop, manufacture, operate, and maintain systems and products around the globe. Because of this, global competition is requiring reliability professionals to work closely with other departments involved in engineering development during the product design and manufacturing phase. Applied Reliability for Engineers is an attempt to meet the need for a single volume that addresses a wide range of applied reliability topics. The material is treated in such a manner that the reader will require no previous knowledge to understand the text. The sources of most of the information presented are given in a reference section at the end of each chapter. At appropriate places, the book contains examples along with their solutions. At the end of each chapter there are numerous problems to test reader comprehension. This volume is thus suitable for use as a textbook as well as for reference. Applied Reliability for Engineers is useful to design professionals, system engineers, reliability specialists, graduate and senior undergraduate students, researchers and instructors of reliability engineering, and engineers-at-large.

This book aims to take the reader through all aspects of fire safety and management in residential settings, from origin and ignition, risk assessment, protection and prevention, as well as comparing effective enforcement options from across all parts of the UK. It outlines the basis of law, standards and guidance relating to fire safety and building performance, and critically evaluates the legal provisions and approaches to risk reduction with the focus on rented properties. This book: Provides wider access to fire safety knowledge previously generally used by regulators and specialists. Examines fire risk assessments in domestic premises and the competency of assessors. Explains the approaches to fire safety enforcement the impact of property licensing. Includes fire risk precautions for housing and general checklists to help landlords and tenants understand their responsibilities Explores the effect of existing legislation with references to key Property Tribunal decisions relating to fire risk management and future legal developments. This book will assist Environmental Health Officers and Environmental Health Practitioners - as well as graduating academics of the field - in their work to encourage the appropriate and effective use of legislation. Landlords, Estate managers, student accommodation managers, surveyors and tenant groups may also find this book of interest.

This book aims to encourage a more reflective, multidisciplinary approach to public safety, and the 'reenfranchisement' of those affected by this new phenomenon. Over the past decade health and safety has become a major issue of public interest. There are countless stories of health and safety activities interfering with public life, preventing some beneficial activity from taking place - even creating absurd or dangerous situations. On the one hand, risk assessment, properly conducted, is highly beneficial - it saves lives and prevents injuries. But on the other, it can damage public life. Why has this come about, and does it have to be like that? The authors examine the origins of the problem, look critically at the tools used by safety assessors and their underlying assumptions, and consider important differences between public life and industry (where the approaches largely originated). They illuminate the whole with an analysis of legal requirements, attitudes of stakeholders, and recent research on risk perception and decision making. The result is a profound and important analysis of risk and safety culture and a framework for managing public safety more effectively.

Bridging an identified gap between research and practice in the domain of risk and organizational learning with respect to human/organizational factors and organizational behaviour, this book highlights the common and recurring threads in contributory factors to accident causation. Based on an extensive research project, it investigates how shipping companies as organizations learn from, filter and give credence/acceptability to differing risk perceptions and how this influences the work culture with special regard to group/team dynamics and individual motivation. The work is presented in the context of the literature regarding conceptual links between risk and the theoretical and operational themes of organizational learning, and in light of interviewees' comments. The themes include processes and structures of knowledge acquisition, information interpretation and distribution, organizational memory and change/adaptation and also levels of learning. The book concludes by discussing some practical implications of the research carried out in various maritime contexts and gives recommendations for the industry and other stakeholders.

Change in organizations can arise spontaneously, or it can begin in response to a planned process of change. Even planned change is not as predictable as one might like it to be; it is often partial or incomplete, or the results of change may not be what one hoped. The aspects of an organization that resist change can be vital to an organization's success, helping to keep it firm, stable, and robust. Why Organizational Change Fails aims to make change managers and OD consultants sensitive to signals of the robust part of an organization, helping them to see something different than they usually see: signs of change. The authors distinguish two aspects of stability in organisations: robustness and tenacity. Robustness is the ability of organisations to remain stable under changing conditions. Tenacity is the reaction of a robust system to planned change. Each of these aspects has its own unique qualities and value within organizations. In the book, the authors describe three aspects of robustness: social, cognitive and political. They also describe healthy and unhealthy forms. Tenacity is described in three patterns: bouncing back, smothering and calculating. Each chapter of the book is preceded by an essay written by a leading scientist designed to help provide real-world context for the process of change and offering insights for the reader on either side of the change equation.

The role of designers has traditionally been to design a building so that it conforms to accepted local building codes. The safety of workers is left up to the contractor building the designs. Research shows, however, that designers can have an especially strong influence on construction safety during the concept, preliminary and detailed design phases. This book establishes the new knowledge and conceptual frameworks necessary to develop a mobile computing-enabled knowledge management system that can help reduce the high rate of construction falls. There are three main objectives of this book: 1. To create a new Prevention through Design (PtD) knowledge base to model the relationships between fall risks and design decisions; 2. To develop a PtD mobile App to assist building designers in fall prevention through design; 3. To evaluate the practical implications of the PtD mobile App for the construction industry, especially for building designers and workers. The cutting edge technologies explored in this book have the potential to significantly reduce the rate of serious injuries that occur in the global construction industry. This is essential reading for researchers and advanced students of construction management with an interest in safety or mobile technologies.

The general perception amongst most project and risk managers that we can somehow control the future is, says David Hancock, one of the most ill-conceived in risk management. The biggest problem is how to measure risks in terms of their potential likelihood, their possible consequences, their correlation and the public's perception of them. The situation is further complicated by identifying different categories of problem types; Tame problems (straight-forward simple linear causal relationships and can be solved by analytical methods), and 'messes' which have high levels of system complexity and have interrelated or interdependent problems needing to be considered holistically. However, when an overriding social theory or social ethic is not shared the project or risk manager also faces 'wickedness'. Wicked problems are characterised by high levels of behavioural complexity, but what confuses real decision-making is that behavioural and dynamic complexities co-exist and interact in what is known as wicked messes. Tame, Messy and Wicked Risk Leadership will help professionals understand the limitations of the present project and risk management techniques. It introduces the concepts of societal benefit and behavioural risk, and illustrates why project risk has followed a particular path, developing from the basis of engineering, science and mathematics. David Hancock argues for, and offers, complimentary models from the worlds of sociology, philosophy and politics to be added to the risk toolbox, and provides a framework to understand which particular type of problem (tame, messy, wicked or messy and wicked) may confront you and which tools will provide the greatest potential for successful outcomes. Finally he introduces the concept of 'risk leadership' to aid the professional in delivering projects in a world of uncertainty and ambiguity. Anyone who has experienced the pain and blame of projects faced with overruns of time or money, dissatisfied stakeholders or basic failure, will welcome this imaginative reframing of some aspects of risk management. This is a book that has implications for the risk management processes, culture, and outcomes, of large and complex projects of all kinds.

The Feeling of Risk brings together the work of Paul Slovic, one of the world's leading analysts of risk, to describe the extension of risk perception research into the first decade of this new century. In this collection of important works, Paul Slovic explores the conception of 'risk as feelings' and examines the interaction of feeling and cognition in the perception of risk. He also examines the elements of knowledge, cognitive skill, and communication necessary for good decisions in the face of risk. The first section of the book looks at the difficulty of understanding risk without an emotional component, for example that disaster statistics lack emotion and thus fail to convey the true meaning of disasters and fail to motivate proper action to prevent them. The book also highlights other important perspectives on risk arising from cultural worldviews and concerns about specific hazards pertaining to blood transfusion, biotechnology, prescription drugs, smoking, terrorism, and nanotechnology. Following on from The Perception of Risk (2000), this book presents some of the most significant research on risk perception in recent years, providing essential lessons for all those involved in risk perception and communication.

This new volume explores the crisis in transatlantic relations and analyses the role of NATO following the collapse of the Soviet Union. The book offers a unified theory of cooperation in the new security paradigm to explain the current state of transatlantic relations and NATO's failure to adequately transform itself into a security institution for the 21st century. It argues that a new preoccupation with risk filled the vacuum left by the collapse of the Soviet Union, and uses the literature of the Risk Society to analyse the strained politics of the North Atlantic community. Using case studies to show how the West has pursued a strategy of risk management, and the effect this has had on NATO's politics, the book argues that a better understanding of how risk affects Western political cohesion will allow policy makers a way of adapting the structure of NATO to make it more effective as a tool for security. Having analysed NATO's recent failings, the book offers a theory for the way in which it can become an active risk manager, through the replacement of its established structure by smaller, ad hoc groupings.

The Handbook of Risk and Crisis Communication explores the scope and purpose of risk, and its counterpart, crisis, to facilitate the understanding of these issues from conceptual and strategic perspectives. Recognizing that risk is a central feature of our daily lives, found in relationships, organizations, governments, the environment, and a wide variety of interactions, contributors to this volume explore such questions as "What is likely to happen, to whom, and with what consequences?" "To what extent can science and vigilance prevent or mitigate negative outcomes?" and "What obligation do some segments of local, national, and global populations have to help other segments manage risks?", shedding light on the issues in the quest for definitive answers. The Handbook offers a broad approach to the study of risk and crisis as joint concerns. Chapters explore the reach of crisis and risk communication, define and examine key constructs, and parse the contexts of these vital areas. As a whole, the volume presents a comprehensive array of studies that highlight the standard principles and theories on both topics, serving as the largest effort to date focused on engaging risk communication discussions in a comprehensive manner. Now available in paperback, the Handbook of Risk and Crisis Communication can be readily used in graduate coursework and individual research programs. With perspectives from psychology, sociology, anthropology, political science, economics, and communication, the Handbook provides vital insights for all disciplines studying risk, and is required reading for scholars and researchers investigating risk and crisis in various contexts.

This companion to the bestselling Introduction to Health and Safety at Work will help you prepare for the written assessments on the NEBOSH National General Certificate in Occupational Health and Safety (2019 specification). It provides complete coverage of the syllabus in bite-sized chunks and will help you learn and memorise the most important areas, with links provided back to the main Introduction to Health and Safety at Work text to help you consolidate your learning. Small and portable, making it ideal for use anywhere: at home, in the classroom or on the move Includes specimen questions and answers based on recent examination papers Everything you need for productive revision in one handy reference source This revision guide is written by an experienced lecturer and former Vice Chairman of NEBOSH, who has spent many years helping students become accredited by NEBOSH.

Natural disasters, terrorist attacks, financial collapses, and other crisis situations have occupied public attention to an unprecedented degree in recent years. In the face of these events, the study of risk and crisis management is becoming more important than ever before. This book is a clear and comprehensive guide to the most common emergency situations of our day, giving succinct, practical advice on how best to avoid them if possible, how to minimize loss and damage once they have occurred, and how best to recover sustainably. The 101 cases presented here cover both natural and man-made disasters, drawing on recent and current case histories to propose workable solutions for governments, corporations and ordinary people facing extraordinary times.This revised and expanded edition of the authors' 1999 book, Survival - Simulation of Risk and Crisis Management 69, is written in an accessible style and contains the latest research in the field. It will benefit laypeople, professionals, and academics alike. In particular, safety professionals, public management professionals, CEOs, CIOs, tertiary students and researchers will appreciate its pragmatic, vigilant approach to dealing with and recovering from natural and man-made disasters in the interest of long-term survival and sustainability.

'A compelling guide for leaders grappling with the pandemic' Financial Times 'A remarkable book telling business leaders what to do when disaster strikes' The Times AN INSPIRING STORY OF RESILIENT LEADERSHIP IN THE TOUGHEST OF TIMES Louai Al Roumani was head of finance and planning at one of the largest banks in Syria, when the war broke out in 2011. In Lessons from a Warzone, Al Roumani shares his very personal account of coping with the day-to-day realities of leading an organization in dangerous and hostile conditions. His story shows how inspiration can come from the unlikeliest of places - from the timeless wisdom of merchants in ancient souks to the changing patterns of military checkpoints. During that time, not only did the bank remain robust when others faltered - it thrived and became the undisputed leading bank as people's trust in its capability to safeguard their life-long savings strengthened. In this book, Al Roumani distils the knowledge and skills he and his colleagues developed while steering the bank through four impossible years into ten lessons applicable to any leader facing a crisis today. His valuable, and often counterintuitive, advice - ranging from resisting over-planning to hacking your own IT department to cutting costs (but not morale) - will help anyone understand how to be resilient even in the most challenging of times.

International Health and Safety at Work has been specially written in simple English for the thousands of students who complete the NEBOSH International General Certificate in Health and Safety each year. Fully revised in alignment with the 2019 syllabus, this fourth edition provides students with all they need to tackle the course with confidence. Clear, easily accessible information is presented in full colour, with discussion of essential principles such as ILO and OSH conventions as well as legal frameworks from a range of countries. The book features practice questions and answers to test knowledge and increase understanding. International Health and Safety at Work remains the most effective tool for those working to fit international health and safety standards to local needs and practice.

In today's world, deep learning source codes and a plethora of open access geospatial images are readily available and easily accessible. However, most people are missing the educational tools to make use of this resource. Deep Learning for Remote Sensing Images with Open Source Software is the first practical book to introduce deep learning techniques using free open source tools for processing real world remote sensing images. The approaches detailed in this book are generic and can be adapted to suit many different applications for remote sensing image processing, including landcover mapping, forestry, urban studies, disaster mapping, image restoration, etc. Written with practitioners and students in mind, this book helps link together the theory and practical use of existing tools and data to apply deep learning techniques on remote sensing images and data. Specific Features of this Book: The first book that explains how to apply deep learning techniques to public, free available data (Spot-7 and Sentinel-2 images, OpenStreetMap vector data), using open source software (QGIS, Orfeo ToolBox, TensorFlow) Presents approaches suited for real world images and data targeting large scale processing and GIS applications Introduces state of the art deep learning architecture families that can be applied to remote sensing world, mainly for landcover mapping, but also for generic approaches (e.g. image restoration) Suited for deep learning beginners and readers with some GIS knowledge. No coding knowledge is required to learn practical skills. Includes deep learning techniques through many step by step remote sensing data processing exercises.

A thought-provoking and invaluable book for anyone who cares about risk communication and management in the 21st century Anna Jung, Director General, European Food Information Council Professor Ragnar L fstedt has once again produced a most interesting book on risk management and trust, well-based on theory and built on empirical findings Mikael Karlsson, President, Swedish Society for Nature Conservation Highlights the difficult balancing task facing risk regulators. Regulatory inaction against real risks can undermine public trust. However, exaggerated responses to risks can also jeopardize regulators credibility. The diverse international case studies developed by Ragnar L fstedt provide guidance for how regulators can navigate these and other frequently competing concerns W. Kip Viscusi, Cogan Professor of Law and Economics, Harvard University, USA In democracies, government policies cannot succeed without public acceptance. Yet complex risk management requires technical expertise. How to reconcile these competing needs? Ragnar L fstedt provocatively challenges recent research claiming that risk managers must engender public trust via deliberative dialogue. He uses four cases studies to argue that the reasons for distrust vary and demand different responses; that in some cases trust can flow from technical competence without public deliberation; and that in others public deliberation can actually aggravate distrust. Trust me: L fstedt s book will add spice to the debate over risk, experts, the public and trust Jonathan B. Wiener, Perkins Professor of Law and Environmental Policy, Duke University, USA We live in post-trust societies, in which public confidence in governments and corporations over health, food and environmental risk is eroding rapidly. Good risk communication can help companies, governments and institutions minimize disputes, resolve issues and anticipate problems. Without such communication, the best policies can become derailed and trust can be lost. Most policy-makers still use outdated methods to communicate policies and achieve their objectives - methods developed before public trust in industry and government was affected by health scares such as BSE, genetically modified organisms and dioxins in Belgian chicken. This book provides effective methods for managing and communicating risk effectively in contemporary societies.

Introduction to Chemical Exposure and Risk Assessment focuses on the principles involved in assessing the risks from chemical exposure. These principles include the perception of risk, an understanding of how numbers are handled, and how chemicals affect health. The book briefly describes the major sinks, such as water and air, where chemicals are introduced. This is followed by a discussion on how concentrations are estimated and risk assessments are made. A discussion of risk benefit analysis and a presentation of several case studies using the principles for assessing risks are also included.