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Calculating Catastrophe, by Gordon Woo
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Watch a video interview with Gordon Woo
Book Launch of Calculating Catastrophe
Calculating Catastrophe has been written to explain, to a general readership, the underlying philosophical ideas and scientific principles that govern catastrophic events, both natural and man-made. Knowledge of the broad range of catastrophes deepens understanding of individual modes of disaster. This book will be of interest to anyone aspiring to understand catastrophes better, but will be of particular value to those engaged in public and corporate policy, and the financial markets.
The author, Dr. Gordon Woo, was trained in mathematical physics at Cambridge, MIT and Harvard, and has made his career as a calculator of catastrophes. His diverse experience includes consulting for IAEA on the seismic safety of nuclear plants and for BP on offshore oil well drilling. As a catastrophist at Risk Management Solutions, he has advanced the insurance modelling of catastrophes, including designing a model for terrorism risk.
Contents:
- Natural Hazards:
- Causation and Association
- Extra-Terrestrial Hazards
- Meteorological Hazards
- Geological Hazards
- Geomorphic Hazards
- Hydrological Hazards
- Societal Hazards:
- Political Violence
- Infectious Disease Pandemics
- Industrial and Transportation Accidents
- Fraud Catastrophe
- A Sense of Scale:
- Size Scales of Natural Hazards
- Hazard Spatial Scales
- The Human Disaster Toll
- Models of a Fractal World
- A Measure of Uncertainty:
- The Concept of Probability
- The Meaning of Uncertainty
- Aleatory and Epistemic Uncertainty
- Probability Ambiguity
- The Weighing of Evidence
- A Matter of Time:
- Temporal Models of Hazards
- Long-Term Data Records
- Statistics of Extremes
- Catastrophe Complexity:
- Emergent Catastrophes
- Financial Crashes
- Ancillary Hazards
- Terrorism:
- A Thinking Man's Game
- Defeating Terrorist Networks
- Counter-Radicalization
- Forecasting:
- Earthquake Forecasting
- Verification
- River Flows and Sea Waves
- Accelerating Approach to Criticality
- Evidence-Based Diagnosis
- Disaster Warning:
- Decision in the Balance
- Evacuation
- The Wisdom of Experts
- Disaster Scenarios:
- Scenario Simulation
- Footprints and Vulnerability
- Fermi Problems
- Catastrophe Cover:
- Probable Maximum Loss
- Coherent Risk Measures
- The Samaritan's Dilemma
- Catastrophe Risk Securitization:
- Catastrophe Bonds
- The Price of Innovation
- Risk Horizons:
- Ecological Catastrophe
- Climate Change
- War and Conflict Resolution
Readership: Applied mathematicians, earth and atmospheric scientists, civil engineers, geographers, economists and general public.
- Sales Rank: #1198747 in eBooks
- Published on: 2011-06-20
- Released on: 2011-06-20
- Format: Kindle eBook
Review
"Gordon Woo's book The Mathematics of Natural Catastrophes is a modern classic for anyone interested in risk analysis, securitization and emergency response. The publication of this timely update is very welcome, with a wider decision theoretic perspective being maintained throughout. This makes the book more accessible to and more timely for the people who need it most, those on the policy hot seats." --Prof Roger Cooke, Chauncey Starr Chair for Risk Analysis, Resources for the Future, Washington DC
"With his trademark gift for illustrating key concepts with colorful anecdotes, Dr. Woo has crafted a survey of catastrophe science that is both informative and a pleasure to read." --Prof George Zanjani, AAMGA Distinguished Chair in Risk Management and Insurance, Georgia State University
"It is absolutely excellent and I am thoroughly enjoying it ... I am recommending it to everyone I see." --Sir John Beddington, Chief Scientific Adviser to HM Government and Head of the Government Office for Science, UK
"The book is very accessible it can be read as light reading, focusing on the examples or as a deeper introduction to the issues, the mathemtics of the phenomena, and the methodologies which exist for coping with them. It is certainly a book which kept me gripped to the end"
"It is absolutely crucial for our students" --Prof Christine Wamsler, Lund University, Sweden
"Woo has a specialist audience in mind, but running through Calculating Catastrophe is a lesson for novice and initiate alike. This concerns how and why modern societies have such difficulty dealing with the biggest questions they face, from climate change and terrorism to financial crisis. The author whose business card for the modelling company RMS reads: 'Dr Gordon Woo, Catastrophist' underlines time and again the uncertainty that always remains in managing risk."-- Financial Times
"Your excellent book will be a standard reference text in the coming years." --"Prof Rohan Gunaratna , Head, International Centre for Political Violence and Terrorism Research , Nanyang Technological University, Singapore "
"A fascinating survey of catastrophe science that covers a wide range of natural and man-made risks, in an attempt to provide broader knowledge and deeper understanding about the different risks involved. The author is defined to be 'a catastrophist with Risk Management Solutions', and this volume is an updated version of his earlier book The Mathematics of Natural Catastrophes. The book is full of challenging material that would benefit from being analysed in greater detail within strategic, and/or futures, tools and techniques in order to make its contents more managerially accessible."-- Long Range Planning (LRP)
"... this is a book for a broad audience about facts and principles. The erudition and literacy of the author are amazing and an intellectual pleasure to read." --The European Mathematical Society
From the Inside Flap
This book explains the underlying quantitative basis for understanding catastrophe phenomena, both natural and man-made. The catastrophes covered range from geological, meteorological and hydrological hazards to political violence, industrial, ecological and financial risk.
About the Author
Dr. Gordon Woo was trained in mathematical physics at Cambridge, MIT and Harvard, and has made his career as a calculator of catastrophes. His diverse experience includes consulting for IAEA on the seismic safety of nuclear plants and for BP on offshore oil well drilling. As a catastrophist at Risk Management Solutions, he has advanced the insurance modelling of catastrophes, including designing a model for terrorism risk.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Great content but could be better written
By Steve S. Streetman
Very knowledgeable treatment of a wide variety of catastrophe issues and measurements. But the exposition could be clearer and the mathematics introduced more intuitively. It is a very useful book but takes some work to plow through.
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