Causal Analytics for Applied Risk Analysis

by Louis Anthony Cox Jr., Douglas A. Popken, Richard X. Sun

Overview

Causal analytics methods can revolutionize the use of data to make effective decisions by revealing how different choices affect probabilities of various outcomes. This book presents and illustrates models, algorithms, principles, and software for deriving causal models from data and for using them to optimize decisions with uncertain outcomes. It discusses how to describe and summarize situations; detect changes; evaluate effects of policies or interventions; learn what works best under different conditions; predict values of as-yet unobserved quantities from available data; and identify the most likely explanations for observed outcomes, including surprises and anomalies. The book resents practical techniques for causal modeling and analytics that practitioners can apply to improve understanding of how choices affect probabilities of consequences and, based on this understanding, to recommend choices that are more likely to accomplish their intended objectives.
The book begins with a survey of modern analytics methods, focusing mainly on techniques useful for decision, risk, and policy analysis. Chapter 2 introduces free in-browser software, including the Causal Analytics Toolkit (CAT) software, to enable readers to perform the analyses described and to apply modern analytics methods easily to their own data sets. Chapters 3 through 11 show how to apply causal analytics and risk analytics to practical risk analysis challenges, mainly related to public and occupational health risks from pathogens in food or from pollutants in air. Chapters 12 through 15 turn to broader questions of how to improve risk management decision-making by individuals, groups, organizations, institutions, and multi-generation societies with different cultures and norms for cooperation. These chapters examine organizational learning, community resilience, societal risk management, and intergenerational collaboration and justice in managing risks.

Product Details

ISBN-13:	9783030086534
Publisher:	Springer International Publishing
Publication date:	01/23/2019
Series:	International Series in Operations Research & Management Science , #270
Edition description:	Softcover reprint of the original 1st ed. 2018
Pages:	588
Product dimensions:	6.10(w) x 9.25(h) x (d)

About the Author

Drs. Tony Cox, Douglas Popken, and Richard Sun are experts in risk analysis, operations research, and computer science who have collaborated over the past three decades on diverse analytics applications and software products, including telecommunications network and operations optimization, health risk analysis, and machine learning innovations for making optimal use of costly information. Dr. Cox is also a member of the National Academy of Engineering and Editor-in-Chief of Risk Analysis: An International Journal.

Table of Contents

Part 1. Concepts and Methods of Causal Analytics.- Chapter 1. Causal Analytics and Risk Analytics.- Chapter 2. Causal Concepts, Principles, and Algorithms.- Part 2. Descriptive Analytics in Public and Occupational Health.- Chapter 3. Descriptive Analytics for Public Health: Socioeconomic and Air Pollution Correlates of Adult Asthma, Heart Attack, and Stroke Risks.- Chapter 4. Descriptive Analytics for Occupational Health: Is Benzene Metabolism in Exposed Workers More Efficient at Very Low Concentrations?- Chapter 5. How Large are Human Health Risks Caused by Antibiotics Used in Food Animals?- Chapter 6. Quantitative Risk Assessment of Human Risks of Methicillin-Resistant Staphylococcus aureus (MRSA) Caused by Swine Operations Part 3. Predictive and Causal Analytics.- Chapter 7. Attributive Causal Modeling: Quantifying Human Health Risks Caused by Toxoplasmosis From Open System Production Of Swine.- Chapter 8. How Well Can High-Throughput Screening Test Results Predict Whether ChemicalsCause Cancer in Mice and Rats?- Chapter 9. Mechanistic Causality: Biological Mechanisms of Dose-Response Thresholds for Inflammation-Mediated Diseases Caused by Asbestos Fibers and Mineral Particles.- Part 4. Evaluation Analytics.- Chapter 10. Evaluation Analytics for Public Health: Has Reducing Air Pollution Reduced Mortality in the United States?- Chapter 11. Evaluation Analytics for Occupational health: How accurately and consistently do laboratories measure workplace concentrations of respirable crystalline silica?- Part 5. Risk Management: Insights from Prescriptive, Learning, and Collaborative Analytics.- Chapter 12. Improving individual, group and organizational decisions: Overcoming learning aversion in evaluating and managing uncertain risks.- Chapter 13. Improving organizational risk management: From Lame Excuses to Principled Practice.- Chapter 14. Improving institutions of risk management: Uncertain causality and judicial review of regulations.- Chapter 15. Intergenerational justice in protective and resilience investments with uncertain future preferences and resources.