Quantification analysis of potential risk in railway accidents: A new random walk based approach

Yanyan Liu, Keping Li and Dongyang Yan

Reliability Engineering and System Safety, 2024, vol. 242, issue C

Abstract: Safety and efficiency are the fundamental goals to improve the transportation capacity and service level of railway system. Moreover, the accurate description and in-depth exploration of potential risks are essential in reducing the railway accidents. However, there have been limited publications that focus on quantitatively analyzing the potential risk of railway accidents by using the random walk method. In this paper, a new random walk method named Comprehensive-Biased Random Walk with Different Restart (CBDRWR) is proposed in analyzing the potential risk of railway accident generation process. Combined with the established accident causation network, we give each node a different restart probability and comprehensively improve the biased transition probabilities. According to the solution algorithm of CBDRWR equation, we propose four evaluation indexes for quantifying and analyzing the potential risk of accident occurrence. In the case study, the proposed method is used to analyze the Federal Railroad Administration (FRA) dataset. The experimental results verify that the proposed method can effectively quantify the potential risk and quickly locate the key risk sources. Resultantly, this research can provide an accurate, scientific and reasonable basis for railway accident prevention and rescue.

Keywords: Railway accidents analysis; Quantification of potential risk; Random walk formulation; Resource allocation weighted index; Network-based model (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:reensy:v:242:y:2024:i:c:s0951832023006920

DOI: 10.1016/j.ress.2023.109778

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