A Network-Based Risk-Averse Approach to Optimizing the Security of a Nuclear Facility

Eugene Lykhovyd (), Sergiy Butenko (), Craig Marianno () and Justin Yates ()
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Eugene Lykhovyd: Texas A&M University
Sergiy Butenko: Texas A&M University
Craig Marianno: Texas A&M University
Justin Yates: American Airlines

A chapter in Handbook for Management of Threats, 2023, pp 279-298 from Springer

Abstract: Abstract This chapter considers a network model of a nuclear facility, where the nodes represent different layers of security and the arcs describe direct accessibility between pairs of layers. Given the detection (sensor) and delay (barrier) component options available for each arc, the objective is to allocate a limited budget among the security components so that the risk associated with potential threats is minimized. The proposed methodology employs conditional value at risk (CVaR) for modeling the risk and compares a CVaR-based approach to a robust solution, which optimizes the worst-case outcome.

Keywords: Nuclear security; Risk; CVaR; Resource allocation (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/978-3-031-39542-0_14

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