Risk Modeling for Determining Value and Decision Making

A follow-up to Kollers Risk Assessment and Decision Making in Business and Industry, Risk Modeling for Determining Value and Decision Making presents a plain-English narrative that explores comprehensive risk/uncertainty analyses in manufacturing, security, law, investing, production sharing, scheduling, insurance, pricing, and more. Focusing on value, it outlines and discusses risk assessment models applicable to real business scenarios. The presentation of each model also includes computer code that encapsulates its logic along with direction on how to apply the model to other types of problems.