Misconceptions of risk

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<title>Misconceptions of risk</title>
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<name type="personal" usage="primary" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080019686">
<namePart>Aven, Terje</namePart>
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<publisher>John Wiley & Sons Ltd.</publisher>
<dateIssued>2010</dateIssued>
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<extent>VI, 240 p. 23 cm.</extent>
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<abstract displayLabel="Summary">Risk is equal to the expected value -- Risk is a probability or probability distribution -- Risk equals a probability distribution quantile (value-at-risk) -- Risk equals uncertainty -- Risk is equal to an event -- Risk equals expected disutility -- Risk is restricted to the case of objective probabilities -- Risk is the same as risk perception -- Risk relates to negative consequences only -- Risk is determined by the historical data -- Risk assessments produce an objetive risk picture -- There are large inherent uncertainties in risk analyses -- Model uncertainty should be quantified -- It is meaningful and useful to distinguish between stochastic and epistemic uncertainties -- Bayesian analysis is based on the use of probability models and bayesian updating -- Sensitivity analysis is a type of uncertainty analysis</abstract>
<note type="statement of responsibility">Terje Aven</note>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080591182">
<topic>Gerencia de riesgos</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080602871">
<topic>Percepción del riesgo</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080565992">
<topic>Incertidumbre</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080616106">
<topic>Cálculo de probabilidades</topic>
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<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611613">
<topic>Modelos probabílisticos</topic>
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