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Risk Assessment and Security for Pipelines, Tunnels, and Underground Rail and Transit Operations
book

Risk Assessment and Security for Pipelines, Tunnels, and Underground Rail and Transit Operations

by Anna M. Doro-on
June 2014
Intermediate to advanced content levelIntermediate to advanced
414 pages
14h 2m
English
CRC Press
Content preview from Risk Assessment and Security for Pipelines, Tunnels, and Underground Rail and Transit Operations
220Risk Assessment and Security
likelihood, rather than a deating of all less likely occurrences. e adjust-
ment and variant of prospect theory helps to prevent a violation of rst-order
stochastic dominance and makes an attainable generalization to arbitrary
outcome distributions (Doro-on 2011).
Kahneman and Tversky (2000) concluded that the intuitive and cognitive abili-
ties of a normal human being are clearly overwhelmed by this complexity, thereby
forcing him or her to rely on simplied and standardized rules of thumb. ese
reduced decision-making rules always create bias and imperfect judgments. For
instance, one such heuristic as judging the probability of a risk based on the con-
tentment which can be delivered to the public’s mind ...
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Publisher Resources

ISBN: 9781466569324