Tag Archives: Haimes Yacov

Book Review: Risk Modeling, Assessment, and Management

First published in 1998 and now already in its 3rd edition in 2009, but still unknown to me, although I have been studying risk since the early 90s, Risk Modeling Assessment and Management by Yacov Haimes is not for those looking for a quick Wikipedia-like answer on how to analyze risk. It is an extensive work that on its downside may require many hours of studying. On the upside, however, it does contain all you would ever need to know and may not even want to know about the state of the art of risk analysis. This rapidly growing field has important applications in engineering, science, manufacturing, business, homeland security, management, and public policy, and this book shows examples of how to apply risk analysis to all these fields.

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