Operational Safety Economics

Operational Safety Economics PDF Author: Genserik L. L. Reniers
Publisher: John Wiley & Sons
ISBN: 111887112X
Category : Technology & Engineering
Languages : en
Pages : 338

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Book Description
Describes how to make economic decisions regading safety in the chemical and process industries Covers both technical risk assessment and economic aspects of safety decision-making Suitable for both academic researchers and practitioners in industry Addresses cost-benefit analysis for safety investments

Operational Safety Economics

Operational Safety Economics PDF Author: Genserik L. L. Reniers
Publisher: John Wiley & Sons
ISBN: 111887112X
Category : Technology & Engineering
Languages : en
Pages : 338

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Book Description
Describes how to make economic decisions regading safety in the chemical and process industries Covers both technical risk assessment and economic aspects of safety decision-making Suitable for both academic researchers and practitioners in industry Addresses cost-benefit analysis for safety investments

The Economics of Occupational Safety and Health

The Economics of Occupational Safety and Health PDF Author: John Ruser
Publisher: Now Publishers Inc
ISBN: 1601983824
Category : Business & Economics
Languages : en
Pages : 67

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Book Description
The Economics of Occupational Safety and Health examines occupational risks that influence the safety decisions of a firm.

Safety Risk Management

Safety Risk Management PDF Author: Kurt J. Engemann
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110638185
Category : Business & Economics
Languages : en
Pages : 246

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Book Description
Within the area of safety, different perspectives exist on how to provide an adequate basis for managing risk. Safety experts emphasize the cautionary principle, stating that in the face of uncertainty, caution should be the dominant standard. On the other hand, relying on economic assessment often leads to decisions made using expected values to optimize return on investment. Safety Risk Management: Integrating Economic and Safety Perspectives aims to illuminate this dichotomy while debating important questions. For example, is ‘safety always first?’ Additionally, in many risk environments only partial knowledge is available and limited emphasis may be mistakenly given to uncertainty. Risk management deals with balancing the dilemma inherent in exploring opportunities on the one hand, and avoiding losses, accidents, and disasters, on the other. Safety Risk Management: Integrating Economic and Safety Perspectives comprises a collection of work in this field with special focus given to situations with the potential for substantial reward but also with the possibility of immense losses and extreme consequences. This book aims to contribute to clarifying the problem by proposing an appropriate basis for managing risk to meet related practical challenges. The book consists of two parts: chapters covering fundamental concepts and approaches; and, chapters illustrating applications of these fundamental principles.

Aviation Safety, Human Factors - System Engineering - Flight Operations - Economics - Strategies - Management

Aviation Safety, Human Factors - System Engineering - Flight Operations - Economics - Strategies - Management PDF Author: Hans M. Soekkha
Publisher: CRC Press
ISBN: 1000083144
Category : Technology & Engineering
Languages : en
Pages : 827

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Book Description
Questions concerning safety in aviation attract a great deal of attention, due to the growth in this industry and the number of fatal accidents in recent years. The aerospace industry has always been deeply concerned with the permanent prevention of accidents and the conscientious safeguarding of all imaginable critical factors surrounding the organization of processes in aeronautical technology. However, the developments in aircraft technology and control systems require further improvements to meet future safety demands. This book embodies the proceedings of the 1997 International Aviation Safety Conference, and contains 60 talks by internationally recognized experts on various aspects of aviation safety. Subjects covered include: Human interfaces and man-machine interactions; Flight safety engineering and operational control systems; Aircraft development and integrated safety designs; Safety strategies relating to risk insurance and economics; Corporate aspects and safety management factors --- including airlines services and airport security environment.

Safety Design for Space Operations

Safety Design for Space Operations PDF Author: Firooz Allahdadi
Publisher: Butterworth-Heinemann
ISBN: 0080969224
Category : Technology & Engineering
Languages : en
Pages : 1072

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Book Description
Endorsed by the International Association for the Advancement of Space Safety (IAASS) and drawing on the expertise of the world’s leading experts in the field, Safety Design for Space Operations provides the practical how-to guidance and knowledge base needed to facilitate effective launch-site and operations safety in line with current regulations. With information on space operations safety design currently disparate and difficult to find in one place, this unique reference brings together essential material on: Best design practices relating to space operations, such as the design of spaceport facilities. Advanced analysis methods, such as those used to calculate launch and re-entry debris fall-out risk. Implementation of safe operation procedures, such as on-orbit space traffic management. Safety considerations relating to the general public and the environment in addition to personnel and asset protection. Taking in launch operations safety relating unmanned missions, such as the launch of probes and commercial satellites, as well as manned missions, Safety Design for Space Operations provides a comprehensive reference for engineers and technical managers within aerospace and high technology companies, space agencies, spaceport operators, satellite operators and consulting firms. Fully endorsed by the International Association for the Advancement of Space Safety (IAASS), with contributions from leading experts at NASA, the European Space Agency (EASA) and the US Federal Aviation Administration (FAA), amongst others Covers all aspects of space operations relating to safety of the general public, as well as the protection of valuable assets and the environment Focuses on launch operations safety relating to manned and unmanned missions, such as the launch of probes and commercial satellites

Regulating Safety

Regulating Safety PDF Author: John Mendeloff
Publisher:
ISBN: 9780262131476
Category :
Languages : en
Pages : 219

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Book Description


The Economics of Railroad Safety

The Economics of Railroad Safety PDF Author: Ian Savage
Publisher: Springer Science & Business Media
ISBN: 146155571X
Category : Business & Economics
Languages : en
Pages : 236

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Book Description
The American public has a fascination with railroad wrecks that goes back a long way. One hundred years ago, staged railroad accidents were popular events. At the Iowa State fair in 1896, 89,000 people paid $20 each, at current prices, to see two trains, throttles wide open, collide with each other. "Head-on Joe" Connolly made a business out of "cornfield meets" holding seventy-three events in thirty-six years. Picture books of train wrecks do good business presumably because a train wreck can guarantee a spectacular destruction of property without the messy loss of life associated with aircraft accidents. A "train wreck" has also entered the popular vocabulary in a most unusual way. When political manoeuvering leads to failure to pass the federal budget, and a shutdown is likely of government services, this is widely called a "train wreck. " In business and team sports, bumbling and lack of coordination leading to a spectacular and public failure to perform is also called "causing a train wreck. " A person or organization who is disorganized may be labelled a "train wreck. " It is therefore not surprising that the public perception of the safety of railroads centers on images of twisted metal and burning tank cars, and a general feeling that these events occur quite often. After a series of railroad accidents, such as occurred in the winter of 1996 or the summer of 1997, there are inevitable calls that government "should do something.

Costs of Occupational Injuries and Illnesses

Costs of Occupational Injuries and Illnesses PDF Author: J. Paul Leigh
Publisher: University of Michigan Press
ISBN: 9780472110810
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
As the debate over health care reform continues, costs have become a critical measure in the many plans and proposals to come before us. Knowing costs is important because it allows comparisons across such disparate health conditions as AIDS, Alzheimer's disease, heart disease, and cancer. This book presents the results of a major study estimating the large and largely overlooked costs of occupational injury and illness--costs as large as those for cancer and over four times the costs of AIDS. The incidence and mortality of occupational injury and illness were assessed by reviewing data from national surveys and applied an attributable-risk-proportion method. Costs were assessed using the human capital method that decomposes costs into direct categories such as medical costs and insurance administration expenses, as well as indirect categories such as lost earnings and lost fringe benefits. The total is estimated to be $155 billion and is likely to be low as it does not include costs associated with pain and suffering or of home care provided by family members. Invaluable as an aid in the analysis of policy issues, Costs of Occupational Injuryand Illness will serve as a resource and reference for economists, policy analysts, public health researchers, insurance administrators, labor unions and labor lawyers, benefits managers, and environmental scientists, among others. J. Paul Leigh is Professor in the School of Medicine, Department of Epidemiology and Preventive Medicine, University of California, Davis. Stephen Markowitz, M.D., is Professor in the Department of Community Health and Social Medicine, City University of New York Medical School. Marianne Fahs is Director of the Health Policy Research Center, Milano Graduate School of Management and Urban Policy, New School University. Philip Landrigan, M.D., is Wise Professor and Chair of the Department of Community Medicine, Mount Sinai Medical Center, New York.

Ten Laws of Operational Risk

Ten Laws of Operational Risk PDF Author: Michael Grimwade
Publisher: John Wiley & Sons
ISBN: 1119841356
Category : Business & Economics
Languages : en
Pages : 423

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Book Description
TEN LAWS OF OPERATIONAL RISK Unlike credit and market risk, operational risk currently lacks an overarching theory to explain how and why losses occur. As a result, operational risk managers have been forced to use unsatisfactory tools and processes that fail to add sufficient commercial value. In Ten Laws of Operational Risk: Understanding its Behaviours to Improve its Management, Michael Grimwade delivers an insightful discussion of the nature of operational risk and a groundbreaking redesign of the profession???s existing tools. The author???s Ten Laws are grounded on the business profiles of firms and the human and institutional behaviours that drive operational risk. They are underpinned by taxonomies for the causes; the inadequacies or failures that constitute both control failures and events; and the impacts of operational risks. Drawing on twenty-five years of first-hand experience and research, this book explains the patterns and trends that are apparent in the historical data and offers solutions to the persistent problems inherent in risk appetite, RCSAs, scenario analysis, reputational risk, stress testing, capital modeling, and insurance. It also provides fresh insights into the everyday activities of risk managers with respect to predictive key risk and control indicators, root cause analysis, why controls fail, the risks posed by change, and product risk profiles. Ten Laws of Operational Risk presents a structured and evidence-based approach to identifying emerging risks and predicting future behaviours related to pandemics, climate change, cybercrime, artificial intelligence, and machine learning. It includes revealing industry data, in-depth case studies, and real-world examples that shed light on recurring and obstinate problems in operational risk management. A must-read resource for Chief Risk Officers and other risk professionals, as well as regulators, management consultants, and students and scholars of operational risk, Ten Laws of Operational Risk provides an invaluable new, systematic, and rigorous approach to operational risk management. PRAISE FOR TEN LAWS OF OPERATIONAL RISK ???Operational Risk can no longer be described as a new concept, but as a discipline few attempts have been made to really understand its behaviour. In his book Michael does this very successfully, blending extensive practical experience with analytical thought leadership to propose a set of laws that explain why and how Operational Risks arise, and what can be done to manage them. Assertions are evidence based, with numerous real examples used to underpin his hypotheses. This is a valuable addition to Operational Risk thinking and is recommended for experienced professionals and novices alike.??? ??? Dr Luke Carrivick, Director of Research & Information, ORX ???Michael has established himself as one of Operational Risk???s foremost thinkers. His ability to use historical data to analyse events is unrivalled. In this must-read book, he identifies ten fundamental laws that provide every Operational Risk practitioner with a clear set of rules they can use to understand current events and predict their impacts.??? ??? Andrew Sheen, former Head of the FSA???s Operational Risk Review team ???Michael is one of the most prominent thinkers in Operational Risk. He combines a long career in Operational Risk management and measurement with a deep, long-standing reflection on the fundamental causes, dynamics and patterns in the manifestation of Operational Risk events. He produces, with this book, a remarkable synthesis of his insightful and innovative work.??? ??? Dr Ariane Chapelle, Honorary Reader, University College London; Managing Partner, Chapelle Consulting ???Michael is a highly respected expert in the field of Operational Risk, who has developed some ground-breaking frameworks for analysing this risk and guiding better risk management decisions. As a working practitioner in the field he brings many insights that will appeal to other practitioners as well as regulators, students and scholars.??? ??? Professor Elizabeth Sheedy, Macquarie Business School ???Michael???s views and analysis challenge the traditional Basel II views of Operational Risk and are genuinely thought-provoking. His book on the Ten Laws of Operational Risk will give financial services clarity and a practical view, where it has been previously lacking, on how best to manage such risks.??? ??? Tin Lau, Group Head of Financial and Strategic Risk, TP ICAP

Planning and Managing the Safety System

Planning and Managing the Safety System PDF Author: Mark A. Friend
Publisher: Bernan Press
ISBN: 1598887750
Category : Technology & Engineering
Languages : en
Pages : 433

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Book Description
Safety and Health Management Planning addresses new regulations and practices to help you achieve safety and health management success. Emphasizing the reduction of costs through cost/benefit analysis, this book covers practical material and real-world examples of common exercises, including safety measurement and benchmarking, economic design analysis, total quality management and planning, budgeting, and using audits and safety committees effectively.