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Risk/Benefit Analysis in Water Resources Planning and Management

  • Book
  • © 1981

Overview

Editors:
  1. Yacov Y. Haimes

    1. Center for Large Scale Systems and Policy Analysis, Case Western Reserve University, Cleveland, USA

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Table of contents (22 chapters)

  1. Front Matter

    Pages i-xi
    Download chapter PDF

  3. Identification and Measurement of Risk Parameters and Objectives

    1. Minimizing Risk of Flood Loss in the National Flood Insurance Program

      • Malcolm Simmons
      Pages 41-52

    2. What Kind of Water Will Our Children Drink?

      • David Okrent
      Pages 53-58

  4. Methodologies in (a) Measuring and Quantifying Risk and (b) Risk-Benefit Trade-Off Analysis

    1. Methodology and Myth

      • William D. Rowe
      Pages 59-88

    2. Risk-Benefit Analysis in a Multiobjective Framework

      • Yacov Y. Haimes
      Pages 89-122

    3. Multiobjective Generating Techniques for Risk/Benefit Analysis

      • Jared L. Cohon, Charles S. ReVelle, Richard N. Palmer
      Pages 123-134

    4. The Risks of Benefit-Cost-Risk Analysis

      • Ronald A. Howard
      Pages 135-147

    5. Methods for Determining the Value of Model Development in Cost/Benefit/Risk Analysis

      • W. Scott Nainis
      Pages 149-156

  6. Societal Preferences for Risk and Safety Assessment and Evaluation

    1. Rating the Risks

      • Paul Slovic, Baruch Fischhoff, Sarah Lichtenstein
      Pages 193-217

    2. Risk Assessment: Arid and Semiarid Lands Perspective

      • J. Eleonora Sabadell
      Pages 219-231

    3. The Value of a Life: What Difference Does It Make?

      • John D. Graham, James W. Vaupel
      Pages 233-243
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Keywords

About this book

Ronald M. North President Universities Council on Water Resources People sense intuitively that the world in which we live is not free of risk. Every decision, every action, even the refusal to either act or decide involves some element of risk. Perhaps, because we accept relatively low levels of risk in our daily activi­ ties, we tend to minimize the existence of risk and thereby fail to include risk assessment in those decisions and actions which could be improved through a risk assessment process. However, our casual approach to risk assessment seems to stem largely from the diffi­ culties inherent in measuring risk rather than from any lack of cognizance of the existence of risk. This conclusion is evidenced by the many statements in official documents relating to planning and evaluation which suggest that risk assessments should be con­ ducted but do not provide the mechanism for such assessments nor do they encourage their consideration in the decision making process. This conference on Risk/Benefit Analysis in Water Resources Planning and Management is notable because it attempts to identify and evaluate the mechanisms available for risk assessment which might be useful in water resources planning and management efforts. These proceedings bring together the thoughts of professional per­ sons who have struggled with the problems of risk assessment and who have contributed to the refinement of both theoretical and pragmatic solutions for the improvement of risk assessment processes.

Editors and Affiliations

  • Center for Large Scale Systems and Policy Analysis, Case Western Reserve University, Cleveland, USA

    Yacov Y. Haimes

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