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Global Catastrophic Risks

Global Catastrophic Risks
Author: Nick Bostrom
Publisher: Oxford University Press
Total Pages: 577
Release: 2011-09-29
Genre: Mathematics
ISBN: 0199606501

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A Global Catastrophic Risk is one that has the potential to inflict serious damage to human well-being on a global scale. This book focuses on such risks arising from natural catastrophes (Earth-based or beyond), nuclear war, terrorism, biological weapons, totalitarianism, advanced nanotechnology, artificial intelligence and social collapse.


Catastrophe

Catastrophe
Author: Richard A. Posner
Publisher: Oxford University Press
Total Pages: 336
Release: 2004-11-11
Genre: Science
ISBN: 9780195346398

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Catastrophic risks are much greater than is commonly appreciated. Collision with an asteroid, runaway global warming, voraciously replicating nanomachines, a pandemic of gene-spliced smallpox launched by bioterrorists, and a world-ending accident in a high-energy particle accelerator, are among the possible extinction events that are sufficiently likely to warrant careful study. How should we respond to events that, for a variety of psychological and cultural reasons, we find it hard to wrap our minds around? Posner argues that realism about science and scientists, innovative applications of cost-benefit analysis, a scientifically literate legal profession, unprecedented international cooperation, and a pragmatic attitude toward civil liberties are among the keys to coping effectively with the catastrophic risks.


Mastering Catastrophic Risk

Mastering Catastrophic Risk
Author: Howard Kunreuther
Publisher: Oxford University Press
Total Pages: 249
Release: 2018
Genre: Business & Economics
ISBN: 0190499400

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Risk taking is inherent in competition and managing risk well is a mark of successful firms. Doing so is increasingly challenging given the pace of change, whether financial, technological, environmental, reputational, or political. Rethinking Catastrophic Risk draws on extensive interviewswith risk managers to provide real-world insights and a framework for smart thinking and planning for possible disruptions, adverse events, or crises that could seriously harm the normal business functions or operations of a firm.Corporate leaders face a series of ever-more-challenging decisions to avoid and respond to perils that can be caused by external forces or by harmful actions within the firm. The business world is growing ever riskier given rapid changes generated by increasing concentration of populations andassets, complex interdependencies of markets and supply-chains, pressures of short-term demands for results, and the pressures of transparency combined with the prominence of social media. Some shocks can be anticipated, but many others come as a surprise and create considerable stress on decisionmakers, often leading to even worse outcomes.As leading authorities on risk management, decision processes, and leadership, Howard Kunreuther, Erwann Michel-Kerjan, and Michael Useem draw on their extensive experience to enhance understanding of risk management and call for improving resilience to future shocks as an integral part of corporatestrategy. This book is chock-full of anecdotes based on extensive interviews with leaders from all sectors of the Fortune 500 and provides a framework for linking intuitive and deliberative thinking for managing low-probability, high-consequence events. It highlights the importance of institutionalarrangements and leadership capability and will benefit managers at all levels and especially executives and directors seeking to reposition their firms to better anticipate and manage adverse events.


Quantifying and Controlling Catastrophic Risks

Quantifying and Controlling Catastrophic Risks
Author: B. John Garrick
Publisher: Academic Press
Total Pages: 376
Release: 2008-10-27
Genre: Nature
ISBN: 9780080923451

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The perception, assessment and management of risk are increasingly important core principles for determining the development of both policy and strategic responses to civil and environmental catastrophes. Whereas these principles were once confined to some areas of activity i.e. financial and insurance, they are now widely used in civil and environmental engineering. Comprehensive and readable, Civil and Environmental Risk: Mitigation and Control, provides readers with the mathematical tools and quantitative methods for determining the probability of a catastrophic event and mitigating and controlling the aftermath. With this book engineers develop the required skills for accurately assessing risk and formulating appropriate response strategies. The two part treatment starts with a clear and rigorous exposition of the quantitative risk assessment process, followed by self-contained chapters concerning applications. One of the first books to address both natural and human generated disasters, topics include events such as pandemic diseases, climate changes, major hurricanes, super earthquakes, mega tsunamis, volcanic eruptions, industrial accidents and terrorist attacks. Case studies appear at the end of the book allowing engineers to see how these principles are applied to scenarios such as a super hurricane or mega tsunamis, a reactor core melt down in a nuclear plant, a terrorist attack on the national electric grid, and an abrupt climate change brought about by a change in the ocean currents in the North Atlantic. Written by the current Chairman of the U.S. Nuclear Waste Technical Review Board, Environmental risk managers will find this reference a valuable and authoritative guide both in accurately calculating risk and its applications in their work. Key Features Mathematical tools for calculating and Controlling Catastrophic Risk Presents a systematic method for ranking the importance of societal threats Includes both Natural and Industrial Catastrophes Case studies cover such events as pandemic diseases, climate changes, major hurricanes, super earthquakes, mega tsunamis, volcanic eruptions, industrial accidents, and terrorist attacks.


Catastrophic Risk

Catastrophic Risk
Author: Richard L. Alfred
Publisher: CRC Press
Total Pages: 267
Release: 2021-10-06
Genre: Business & Economics
ISBN: 1000434672

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Imagine that you are a corporate executive or small business owner in a midwestern city under water after weeks of extreme weather and drenching rainfall. Infrastructure has been damaged beyond repair, transportation arteries are closed, and your supply chain is broken. Families have been driven from homes, food and water are in short supply, and people are becoming unruly. Government agencies are not in a position to help. Declining revenue and partisan antipathy fueled by ideological differences have eroded confidence in government. The city is in total disrepair and unable to deliver desperately needed services. It is edging toward implosion and community leaders have turned to you for help. Catastrophe that would have been unthinkable in earlier times is a reality in a world coming out of pandemic and facing existential threats such as climate change, inequality and global conflict. Catastrophic Risk: Business Strategy for Managing Turbulence in a World at Risk challenges business to step up and assume a pivotal role with communities under stress due to prolonged exposure to risk. When powerful societal forces meet behavior that deters response to risk, the consequences of risk are exacerbated. The compounding effect of behavior on risk has opened an important role for business in mobilizing people and communities in times of crisis. It is a role that cannot be fulfilled, however, without purpose, strategy and plans sufficiently robust to overcome the threat of risk. To prosper in this environment, business will need to make a significant contribution to society as well as to deliver financial performance. For companies, this will mean involvement in community in ways that significantly depart from current practice. For leaders, it will mean new skills—contextual sensitivity, a greater understanding of behavioral dynamics, and enhanced capacity to relate to people on an emotive basis. This book is about the relationship between risk, societal forces and human behavior—a relationship informed by the sciences that is critically important for business. Its goal is two-fold: to bring catastrophic risk to the world of business and to further business engagement in service to the common good.


Catastrophe Risk Financing in Developing Countries

Catastrophe Risk Financing in Developing Countries
Author: J. David Cummins
Publisher: World Bank Publications
Total Pages: 299
Release: 2009
Genre: Political Science
ISBN: 0821377361

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'Catastrophe Risk Financing in Developing Countries' provides a detailed analysis of the imperfections and inefficiencies that impede the emergence of competitive catastrophe risk markets in developing countries. The book demonstrates how donors and international financial institutions can assist governments in middle- and low-income countries in promoting effective and affordable catastrophe risk financing solutions. The authors present guiding principles on how and when governments, with assistance from donors and international financial institutions, should intervene in catastrophe insurance markets. They also identify key activities to be undertaken by donors and institutions that would allow middle- and low-income countries to develop competitive and cost-effective catastrophe risk financing strategies at both the macro (government) and micro (household) levels. These principles and activities are expected to inform good practices and ensure desirable results in catastrophe insurance projects. 'Catastrophe Risk Financing in Developing Countries' offers valuable advice and guidelines to policy makers and insurance practitioners involved in the development of catastrophe insurance programs in developing countries.


Our Final Hour

Our Final Hour
Author: Martin Rees
Publisher: Basic Books
Total Pages: 240
Release: 2009-03-17
Genre: Science
ISBN: 0786740698

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A scientist known for unraveling the complexities of the universe over millions of years, Sir Martin Rees now warns that humankind is potentially the maker of its own demise -- and that of the cosmos. Though the twenty-first century could be the critical era in which life on Earth spreads beyond our solar system, it is just as likely that we have endangered the future of the entire universe. With clarity and precision, Rees maps out the ways technology could destroy our species and thereby foreclose the potential of a living universe whose evolution has just begun. Rees boldly forecasts the startling risks that stem from our accelerating rate of technological advances. We could be wiped out by lethal "engineered" airborne viruses, or by rogue nano-machines that replicate catastrophically. Experiments that crash together atomic nuclei could start a chain reaction that erodes all atoms of Earth, or could even tear the fabric of space itself. Through malign intent or by mistake, a single event could trigger global disaster. Though we can never completely safeguard our future, increased regulation and inspection can help us to prevent catastrophe. Rees's vision of the infinite future that we have put at risk -- a cosmos more vast and diverse than any of us has ever imagined -- is both a work of stunning scientific originality and a humanistic clarion call on behalf of the future of life.


Feeding Everyone No Matter What

Feeding Everyone No Matter What
Author: David Denkenberger
Publisher: Academic Press
Total Pages: 128
Release: 2014-11-14
Genre: Technology & Engineering
ISBN: 0128023589

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Feeding Everyone No Matter What presents a scientific approach to the practicalities of planning for long-term interruption to food production. The primary historic solution developed over the last several decades is increased food storage. However, storing up enough food to feed everyone would take a significant amount of time and would increase the price of food, killing additional people due to inadequate global access to affordable food. Humanity is far from doomed, however, in these situations - there are solutions. This book provides an order of magnitude technical analysis comparing caloric requirements of all humans for five years with conversion of existing vegetation and fossil fuels to edible food. It presents mechanisms for global-scale conversion including: natural gas-digesting bacteria, extracting food from leaves, and conversion of fiber by enzymes, mushroom or bacteria growth, or a two-step process involving partial decomposition of fiber by fungi and/or bacteria and feeding them to animals such as beetles, ruminants (cows, deer, etc), rats and chickens. It includes an analysis to determine the ramp rates for each option and the results show that careful planning and global cooperation could ensure the bulk of humanity and biodiversity could be maintained in even in the most extreme circumstances. Summarizes the severity and probabilities of global catastrophe scenarios, which could lead to a complete loss of agricultural production More than 10 detailed mechanisms for global-scale solutions to the food crisis and their evaluation to test their viability Detailed roadmap for future R&D for human survival after global catastrophe


Natural Catastrophe Risk Management and Modelling

Natural Catastrophe Risk Management and Modelling
Author: Kirsten Mitchell-Wallace
Publisher: John Wiley & Sons
Total Pages: 536
Release: 2017-04-24
Genre: Science
ISBN: 1118906071

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This book covers both the practical and theoretical aspects of catastrophe modelling for insurance industry practitioners and public policymakers. Written by authors with both academic and industry experience it also functions as an excellent graduate-level text and overview of the field. Ours is a time of unprecedented levels of risk from both natural and anthropogenic sources. Fortunately, it is also an era of relatively inexpensive technologies for use in assessing those risks. The demand from both commercial and public interests—including (re)insurers, NGOs, global disaster management agencies, and local authorities—for sophisticated catastrophe risk assessment tools has never been greater, and contemporary catastrophe modelling satisfies that demand. Combining the latest research with detailed coverage of state-of-the-art catastrophe modelling techniques and technologies, this book delivers the knowledge needed to use, interpret, and build catastrophe models, and provides greater insight into catastrophe modelling’s enormous potential and possible limitations. The first book containing the detailed, practical knowledge needed to support practitioners as effective catastrophe risk modellers and managers Includes hazard, vulnerability and financial material to provide the only independent, comprehensive overview of the subject, accessible to students and practitioners alike Demonstrates the relevance of catastrophe models within a practical, decision-making framework and illustrates their many applications Includes contributions from many of the top names in the field, globally, from industry, academia, and government Natural Catastrophe Risk Management and Modelling: A Practitioner’s Guide is an important working resource for catastrophe modelling analysts and developers, actuaries, underwriters, and those working in compliance or regulatory functions related to catastrophe risk. It is also valuable for scientists and engineers seeking to gain greater insight into catastrophe risk management and its applications.


What’s the Worst That Could Happen?

What’s the Worst That Could Happen?
Author: Andrew Leigh
Publisher: MIT Press
Total Pages: 0
Release: 2024-05-07
Genre: Political Science
ISBN: 0262548518

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Why catastrophic risks are more dangerous than you think, and how populism is making them worse. Did you know that you’re more likely to die from a catastrophe than in a car crash? The odds that a typical US resident will die from a catastrophic event—for example, nuclear war, bioterrorism, or out-of-control artificial intelligence—have been estimated at 1 in 6. That’s fifteen times more likely than a fatal car crash and thirty-one times more likely than being murdered. In What’s the Worst That Could Happen?, Andrew Leigh looks at catastrophic risks and how to mitigate them, arguing provocatively that the rise of populist politics makes catastrophe more likely. Leigh explains that pervasive short-term thinking leaves us unprepared for long-term risks. Politicians sweat the small stuff—granular policy details of legislation and regulation—but rarely devote much attention to reducing long-term risks. Populist movements thrive on short-termism because they focus on their followers’ immediate grievances. Leigh argues that we should be long-termers: broaden our thinking and give big threats the attention and resources they need. Leigh outlines the biggest existential risks facing humanity and suggests remedies for them. He discusses pandemics, considering the possibility that the next virus will be more deadly than COVID-19; warns that unchecked climate change could render large swaths of the earth uninhabitable; describes the metamorphosis of the arms race from a fight into a chaotic brawl; and examines the dangers of runaway superintelligence. Moreover, Leigh points out, populism (and its crony, totalitarianism) not only exacerbates other dangers but is also a risk factor in itself, undermining the institutions of democracy as we watch.