Resilience and risk governance: current discussion and future action

Benjamin D. Trump, Kelsey Poinsatte-Jones, Timothy Malloy and Igor Linkov

Chapter 9 in Handbook on Resilience of Socio-Technical Systems, 2019, pp 136-154 from Edward Elgar Publishing

Abstract: Traditional risk analysis as a technique to quantify and control threats is limited in its approach to address risks within highly uncertain, complex and integrated systems, and a new paradigm is needed to characterize risks for which limited data currently exists. Resilience analysis was developed as a method to address system functionality and the return of functionality following an adverse event. This chapter defines resilience, and explores the use of resilience analysis in the US government and among international organizations. Further, the use of risk governance is explored as a complementary tool to resilience and risk analyses and its justification for use as an adaptive governance technique. The chapter ends with discussion on the incorporation of resilience into risk management and law practices using decision analytical techniques, as well as the use of adaptive governance.

Keywords: Economics and Finance; Environment; Innovations and Technology; Politics and Public Policy (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781786439369/9781786439369.00014.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:17780_9

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().