1.155
Engineering Risk-Benefit Analysis
Spring 2007
ERBA (ESD.72) emphasizes three methodologies - reliability and probabilistic risk assessment (RPRA), decision analysis (DA), and cost-benefit analysis (CBA). In this class, the issues of interest are: the risks associated with large engineering projects such as nuclear power reactors, the International Space Station, and critical infrastructures; the development of new products; the design of processes and operations with environmental externalities; and infrastructure renewal projects.
Readings
- There is no textbook for this course. The ESD.72J course reader, an adaptation of the study manual for the 1978 MIT Video Lecture Course “Decision Analysis” by Alvin Drake & Ralph Keeney, will be photocopied and available for the DA unit.
Sources
- Course catalogue ↗Historical OpenCourseWare
- MIT OCW syllabus ↗
- Historical MIT OpenCourseWare offering. Named reading entries and schedule topics are automatically extracted from the linked source pages.