Introduces the concept of risk resilience and the principles of Resilience Engineering, emphasizing the importance of proactive risk management strategies.
Covers the fundamentals of financial risk management, including types of risk, historical developments, regulatory events, and the challenges in quantitative risk management.
Explores hazard assessment and risk management for waterway development, emphasizing the importance of making hazard maps and considering various intensity levels.
Explores coherent risk measures and the spectral approach to risk aversion, covering VaR, ES, subadditivity, convexity, and the creation of new risk measures.
Introduces the role of engineers in facing risks and the evolution of disasters in engineering, emphasizing the need for a scientific approach to safety and reliability.