System-focused risk identification and assessment for disaster preparedness: Dynamic threat analysis

J.H. Powell, N. Mustafee, A.S. Chen and M. Hammond

European Journal of Operational Research, 2016, vol. 254, issue 2, 550-564

Abstract: Current approaches to risk management stress the need for dynamic (i.e. continuous, ongoing) approaches to risk identification as part of a planned resource application aimed at reducing the expected consequences of undesired outcomes for the object of the assessment. We contend that these approaches place insufficient emphasis on the system knowledge available to the assessor, particularly in respect of three factors, namely the dynamic behavior of the system under threat, the role of human agents and the knowledge availability to those agents.

Keywords: (P) Risk analysis; (P) Risk management; OR in disaster relief; Critical human activity systems; Qualitative system dynamics (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:254:y:2016:i:2:p:550-564

DOI: 10.1016/j.ejor.2016.04.037

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