The Resource Robust simulation for mega-risks : the path from single-solution to competitive, multi-solution methods for mega-risk management, Craig E. Taylor

Robust simulation for mega-risks : the path from single-solution to competitive, multi-solution methods for mega-risk management, Craig E. Taylor

Label
Robust simulation for mega-risks : the path from single-solution to competitive, multi-solution methods for mega-risk management
Title
Robust simulation for mega-risks
Title remainder
the path from single-solution to competitive, multi-solution methods for mega-risk management
Statement of responsibility
Craig E. Taylor
Creator
Author
Subject
Genre
Language
eng
Summary
This book introduces a new way of analyzing, measuring and thinking about mega-risks, a ĺlparadigm shiftĺl that moves from single-solutions to multiple competitive solutions and strategies.℗l ĺlRobust simulationĺl is a statistical approach that demonstrates future risk through simulation of a suite of possible answers.℗l ℗lTo arrive at this point, the book systematically walks through the historical statistical methods for evaluating risks. The first chapters deal with three theories of probability and statistics that have been dominant in the 20th century, along with key mathematical issues and dilemmas.℗l℗l The book then introduces ĺlrobust simulationĺl which solves the problem of measuring the stability of simulated losses, incorporates outliers, and simulates future risk through a suite of possible answers and stochastic modeling of unknown variables.℗l This book discusses various analytical methods for utilizing divergent solutions in making pragmatic financial and risk-mitigation decisions.℗l℗l℗lThe book emphasizes the importance of flexibility and attempts to demonstrate that alternative credible approaches are helpful and required in understanding a great many phenomena.℗l℗l℗l℗l
Cataloging source
N$T
http://library.link/vocab/creatorName
Taylor, Craig E
Dewey number
363.34
Illustrations
illustrations
Index
index present
LC call number
HV551.2
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/subjectName
  • Emergency management
  • Risk management
  • Crisis management
  • BUSINESS & ECONOMICS
  • SOCIAL SCIENCE
  • Crisis management
  • Emergency management
  • Risk management
  • Earth Sciences
  • Natural Hazards
  • Simulation and Modeling
  • Complex Systems
  • Computer modelling & simulation
  • Applied mathematics
  • Natural disasters
Label
Robust simulation for mega-risks : the path from single-solution to competitive, multi-solution methods for mega-risk management, Craig E. Taylor
Link
https://ezproxy.lib.ou.edu/login?url=http://link.springer.com/10.1007/978-3-319-19413-4
Instantiates
Publication
Antecedent source
unknown
Bibliography note
Includes bibliographical references and index
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Introduction: Initial Queries Going Forward -- The Deductivist Theory of Probability and Statistics -- The Frequency Theory of Probability -- Probability and Randomness as Beliefs: Bayesian Theory -- More Challenges to Tradition: Extreme Value Diagnostics, Power Laws, and the Wobble -- Mathematization of Statistics: Flexibility and Convergence -- Robust Simulation and Non-linear Reasoning: Quantitative and Qualitative Examples -- Managing Expectations: Qualitative Considerations And Quantitative Decision Procedures -- Conclusions and Queries
Dimensions
unknown
Extent
1 online resource
File format
unknown
Form of item
online
Isbn
9783319194134
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
c
Note
SpringerLink
Other control number
10.1007/978-3-319-19413-4
Other physical details
color illustrations
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
System control number
  • (OCoLC)929015171
  • (OCoLC)ocn929015171
Label
Robust simulation for mega-risks : the path from single-solution to competitive, multi-solution methods for mega-risk management, Craig E. Taylor
Link
https://ezproxy.lib.ou.edu/login?url=http://link.springer.com/10.1007/978-3-319-19413-4
Publication
Antecedent source
unknown
Bibliography note
Includes bibliographical references and index
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Introduction: Initial Queries Going Forward -- The Deductivist Theory of Probability and Statistics -- The Frequency Theory of Probability -- Probability and Randomness as Beliefs: Bayesian Theory -- More Challenges to Tradition: Extreme Value Diagnostics, Power Laws, and the Wobble -- Mathematization of Statistics: Flexibility and Convergence -- Robust Simulation and Non-linear Reasoning: Quantitative and Qualitative Examples -- Managing Expectations: Qualitative Considerations And Quantitative Decision Procedures -- Conclusions and Queries
Dimensions
unknown
Extent
1 online resource
File format
unknown
Form of item
online
Isbn
9783319194134
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
c
Note
SpringerLink
Other control number
10.1007/978-3-319-19413-4
Other physical details
color illustrations
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
System control number
  • (OCoLC)929015171
  • (OCoLC)ocn929015171

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