High Risk Scenarios and Extremes

High Risk Scenarios and Extremes
Author: A. A. Balkema
Publisher: European Mathematical Society
Total Pages: 398
Release: 2007
Genre: Business & Economics
ISBN: 9783037190357

"Quantitative Risk Management (QRM) has become a field of research of considerable importance to numerous areas of application, including insurance, banking, energy, medicine, reliability. Mainly motivated by examples from insurance and finance, the authors develop a theory for handling multivariate extremes. The approach borrows ideas from portfolio theory and aims at an intuitive approach in the spirit of the Peaks over Thresholds method. The point of view is geometric. It leads to a probabilistic description of what in QRM language may be referred to as a high risk scenario: the conditional behaviour of risk factors given that a large move on a linear combination [portfolio, say] has been observed. The theoretical models which describe such conditional extremal behaviour are characterized and their relation to the limit theory for coordinatewise maxima is explained." "The book is based on a graduate course on point processes and extremes. It could form the basis for an advanced course on multivariate extreme value theory or a course on mathematical issues underlying risk. Students in statistics and finance with a mathematical, quantitative background are the prime audience. Actuaries and risk managers involved in data based risk analysis will find the models discussed in the book stimulating. The text contains many indications for further research."--BOOK JACKET.

Climate Extremes and Their Implications for Impact and Risk Assessment

Climate Extremes and Their Implications for Impact and Risk Assessment
Author: Jana Sillmann
Publisher: Elsevier
Total Pages: 378
Release: 2019-11-20
Genre: Science
ISBN: 0128148950

Climate extremes often imply significant impacts on human and natural systems, and these extreme events are anticipated to be among the potentially most harmful consequences of a changing climate. However, while extreme event impacts are increasingly recognized, methodologies to address such impacts and the degree of our understanding and prediction capabilities vary widely among different sectors and disciplines. Moreover, traditional climate extreme indices and large-scale multi-model intercomparisons that are used for future projections of extreme events and associated impacts often fall short in capturing the full complexity of impact systems. Climate Extremes and Their Implications for Impact and Risk Assessment describes challenges, opportunities and methodologies for the analysis of the impacts of climate extremes across various sectors to support their impact and risk assessment. It thereby also facilitates cross-sectoral and cross-disciplinary discussions and exchange among climate and impact scientists. The sectors covered include agriculture, terrestrial ecosystems, human health, transport, conflict, and more broadly covering the human-environment nexus. The book concludes with an outlook on the need for more transdisciplinary work and international collaboration between scientists and practitioners to address emergent risks and extreme events towards risk reduction and strengthened societal resilience.

Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation

Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation
Author: Intergovernmental Panel on Climate Change
Publisher: Cambridge University Press
Total Pages: 593
Release: 2012-05-28
Genre: Business & Economics
ISBN: 1107025060

Extreme weather and climate events, interacting with exposed and vulnerable human and natural systems, can lead to disasters. This Special Report explores the social as well as physical dimensions of weather- and climate-related disasters, considering opportunities for managing risks at local to international scales. SREX was approved and accepted by the Intergovernmental Panel on Climate Change (IPCC) on 18 November 2011 in Kampala, Uganda.

Handbook of Asset and Liability Management

Handbook of Asset and Liability Management
Author: Alexandre Adam
Publisher: John Wiley & Sons
Total Pages: 576
Release: 2008-03-11
Genre: Business & Economics
ISBN: 9780470724118

In the Handbook of Asset and Liability Management: From Models to Optimal Return Strategies, Alexandre Adam presents a comprehensive guide to Asset and Liability Management. Written from a quantitative perspective with economic explanations, this book will appeal to both mathematicians and non-mathematicians alike as it gives an operational view on the business. Well structured, this book includes essential information on Balance Sheet Items and Products Modeling, Tools for Asset and Liability Managers, as well as Optimal Returns Strategies. Explaining, in detail, all the written and unwritten rules of Asset Liability Management, using up-to-date models and the latest findings, the Handbook of Asset and Liability Management is an essential tool for Asset and Liability Managers both for the present day and the future.

The Ocean and Cryosphere in a Changing Climate

The Ocean and Cryosphere in a Changing Climate
Author: Intergovernmental Panel on Climate Change (IPCC)
Publisher: Cambridge University Press
Total Pages: 755
Release: 2022-04-30
Genre: Science
ISBN: 9781009157971

The Intergovernmental Panel on Climate Change (IPCC) is the leading international body for assessing the science related to climate change. It provides policymakers with regular assessments of the scientific basis of human-induced climate change, its impacts and future risks, and options for adaptation and mitigation. This IPCC Special Report on the Ocean and Cryosphere in a Changing Climate is the most comprehensive and up-to-date assessment of the observed and projected changes to the ocean and cryosphere and their associated impacts and risks, with a focus on resilience, risk management response options, and adaptation measures, considering both their potential and limitations. It brings together knowledge on physical and biogeochemical changes, the interplay with ecosystem changes, and the implications for human communities. It serves policymakers, decision makers, stakeholders, and all interested parties with unbiased, up-to-date, policy-relevant information. This title is also available as Open Access on Cambridge Core.

Risk, Reliability, Uncertainty, and Robustness of Water Resource Systems

Risk, Reliability, Uncertainty, and Robustness of Water Resource Systems
Author: Janos J. Bogardi
Publisher: Cambridge University Press
Total Pages: 240
Release: 2002-01-28
Genre: Science
ISBN: 1139432249

35 leading multi-disciplinary scientists with international reputations provide reviews of topical areas of research on uncertainty and reliability related aspects of water resource systems. The volume will be valuable for graduate students, scientists, consultants, administrators, and practising hydrologists and water managers.

Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation

Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation
Author: Christopher B. Field
Publisher: Cambridge University Press
Total Pages: 593
Release: 2012-05-28
Genre: Science
ISBN: 1107380103

This Intergovernmental Panel on Climate Change Special Report (IPCC-SREX) explores the challenge of understanding and managing the risks of climate extremes to advance climate change adaptation. Extreme weather and climate events, interacting with exposed and vulnerable human and natural systems, can lead to disasters. Changes in the frequency and severity of the physical events affect disaster risk, but so do the spatially diverse and temporally dynamic patterns of exposure and vulnerability. Some types of extreme weather and climate events have increased in frequency or magnitude, but populations and assets at risk have also increased, with consequences for disaster risk. Opportunities for managing risks of weather- and climate-related disasters exist or can be developed at any scale, local to international. Prepared following strict IPCC procedures, SREX is an invaluable assessment for anyone interested in climate extremes, environmental disasters and adaptation to climate change, including policymakers, the private sector and academic researchers.

Extreme Floods and Droughts under Future Climate Scenarios

Extreme Floods and Droughts under Future Climate Scenarios
Author: Momcilo Markus
Publisher: MDPI
Total Pages: 174
Release: 2019-11-28
Genre: Science
ISBN: 3039218980

Hydroclimatic extremes, such as floods and droughts, affect aspects of our lives and the environment including energy, hydropower, agriculture, transportation, urban life, and human health and safety. Climate studies indicate that the risk of increased flooding and/or more severe droughts will be higher in the future than today, causing increased fatalities, environmental degradation, and economic losses. Using a suite of innovative approaches this book quantifies the changes in projected hydroclimatic extremes and illustrates their impacts in several locations in North America, Asia, and Europe.

Response of Structures Under Extreme Loading

Response of Structures Under Extreme Loading
Author: Venkatesh K.R. Kodur
Publisher: DEStech Publications, Inc
Total Pages: 1014
Release: 2015-07-01
Genre: Technology & Engineering
ISBN: 1605952273

Original research on performance of materials under a wide variety of blasts, impacts, severe loading and fireCritical information for protecting buildings and civil infrastructure against human attack, deterioration and natural disastersTest and design data for new types of concrete, steel and FRP materials This technical book is devoted to the empirical and theoretical analysis of how structures and the materials constituting them perform under the extreme conditions of explosions, fire, and impact. Each of the 119 fully refereed presentations is published here for the first time and was selected because of its original contribution to the science and engineering of how materials, bridges, buildings, tunnels and their components, such as beams and pre-stressed parts, respond to potentially destructive forces. Emphasis is placed on translating empirical data to design recommendations for strengthening structures, including strategies for fire and earthquake protection as well as blast mitigation. Technical details are provided on the development and behavior of new resistant materials, including reinforcements, especially for concrete, steel and their composites.

Climate Change and Human Health Scenario in South and Southeast Asia

Climate Change and Human Health Scenario in South and Southeast Asia
Author: Rais Akhtar
Publisher: Springer
Total Pages: 308
Release: 2016-04-20
Genre: Science
ISBN: 3319236849

This book is the first to present a regional analysis of climate change and human health, focusing on geographically and socio-economically distinct countries of South and Southeast Asia. It has a major focus on India, Indonesia, Bangladesh, Malaysia, Thailand, Nepal and Taiwan. Climate change is a significant and emerging threat to human health. lt represents a range of environmental hazards and will affect populations in both the developed and developing countries. In particular, it affects the regions where the current burden of climate-sensitive diseases are high, which is the case in South and Southeast Asian countries.