Written for engineers, policy makers, economists, and analysts as both a reference and a textbook, Risk Analysis in Engineering and Economics introduces the theoretical bases and applications of risk methods. It leads readers from the definition of needs through the conceptual foundations of risk analysis, its theory, and applications and finally to data requirements and sources. The author`s unique approach involves a systems framework that accounts for uncertainties, and case studies that incorporate the techniques presented offer a practical perspective that helps readers clearly identify and solve problems encountered in practice.