A quantitative risk analysis model with integrated deliberative Delphi platform for container shipping operational risks

Son Nguyen, Peggy Shu-Ling Chen, Yuquan Du and Wenming Shi

Transportation Research Part E: Logistics and Transportation Review, 2019, vol. 129, issue C, 203-227

Abstract: Uncertainty is a fundamental obstacle in container shipping operational risks (CSORs) evaluation and management. This study presents a model to quantitatively analyze CSORs with comprehensive uncertainty handling. The model features a Delphi risk communication platform (RCP) designed to establish a deliberative environment for expert interaction and cooperation. The risk level is assessed through a Bayesian network while a fuzzy-based system is implemented to evaluate the attached base of knowledge. Besides the validation of reliability and robustness by a sensitivity analysis, the conducted case study confirms the feasibility and functionality of the model, especially the impact of the implemented Delphi RCP.

Keywords: Container shipping; Operational risk; Risk analysis; Bayesian Network; Delphi system (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1366554519302777
Full text for ScienceDirect subscribers only

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:eee:transe:v:129:y:2019:i:c:p:203-227

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/bibliographic
http://www.elsevier. ... 600244/bibliographic

DOI: 10.1016/j.tre.2019.08.002

Access Statistics for this article

Transportation Research Part E: Logistics and Transportation Review is currently edited by W. Talley

More articles in Transportation Research Part E: Logistics and Transportation Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().