A multi-attribute approach to assess homeland security risk
Russell Lundberg
Journal of Risk Research, 2018, vol. 21, issue 3, 340-360
Abstract:
The United States Department of Homeland Security manages a wide spectrum of risks involving crime, terrorism, accidents, and natural disasters. This paper supports disaster management by identifying which attributes should be used to describe risks comprehensively and assessing the need to incorporate such multiattribute information into risk management processes. Attributes for describing homeland security risks were selected through a literature review. These attributes were then used in a risk assessment of homeland security hazards that informed risk ranking sessions conducted with members of the general public. The results taken together support the use of a range of attributes and perspectives. While aspects of life/health and economic damage were considered most important by both experts and the lay public, other attributes were of widespread importance, including attributes related to dread and uncertainty. These results demonstrate how to present risks in a deliberative risk management process and the importance of doing so using a complete set of attributes to describe the risks.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jriskr:v:21:y:2018:i:3:p:340-360
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DOI: 10.1080/13669877.2016.1200649
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