The University of Southampton
University of Southampton Institutional Repository

Optimal risk mitigation and risk-taking

Optimal risk mitigation and risk-taking
Optimal risk mitigation and risk-taking
Optimal risk mitigation and risk-taking requires optimal framing and working assumptions using an overall optimality concept. Working assumptions should be specific to the context addressed, but framing assumptions and basic tools should be common for all application areas. The role of all three should be keeping any formal analysis as simple as possible, but introducing complexity which pays whenever it pays. This article uses case study examples to illustrate key issues.
9780470400630
Wiley
Chapman, C.B.
a4f4805b-b67d-4c4c-856b-78e01a2c89a0
Harwood, I.A.
8f945742-3e33-445e-9665-0f613f35fc5b
Cochran, James J.
Chapman, C.B.
a4f4805b-b67d-4c4c-856b-78e01a2c89a0
Harwood, I.A.
8f945742-3e33-445e-9665-0f613f35fc5b
Cochran, James J.

Chapman, C.B. and Harwood, I.A. (2010) Optimal risk mitigation and risk-taking. In, Cochran, James J. (ed.) Wiley Encyclopedia of Operations Research and Management Science. Oxford, UK. Wiley.

Record type: Book Section

Abstract

Optimal risk mitigation and risk-taking requires optimal framing and working assumptions using an overall optimality concept. Working assumptions should be specific to the context addressed, but framing assumptions and basic tools should be common for all application areas. The role of all three should be keeping any formal analysis as simple as possible, but introducing complexity which pays whenever it pays. This article uses case study examples to illustrate key issues.

Full text not available from this repository.

More information

Published date: 2010

Identifiers

Local EPrints ID: 71230
URI: https://eprints.soton.ac.uk/id/eprint/71230
ISBN: 9780470400630
PURE UUID: 531527d7-4742-4724-8075-f39c94bbb47a
ORCID for I.A. Harwood: ORCID iD orcid.org/0000-0002-8647-2169

Catalogue record

Date deposited: 01 Feb 2010
Last modified: 06 Jun 2018 12:51

Export record

Download statistics

Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Atom RSS 1.0 RSS 2.0

Contact ePrints Soton: eprints@soton.ac.uk

ePrints Soton supports OAI 2.0 with a base URL of https://eprints.soton.ac.uk/cgi/oai2

This repository has been built using EPrints software, developed at the University of Southampton, but available to everyone to use.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive cookies on the University of Southampton website.

×