Risk Combinations in the Risk Analysis and Management

DOI

10.2991/jrarc.2017.7.2.2How to use a DOI?

Keywords

Combined risks, multiple perils, combination, existential relation, sequential relation, estimate

Abstract

The analogies between the risks carried by entities and the physical loads affecting building and engineering structures can be applied in the studies of risks forming groups arranged according to specified definitions. Four classes of relations among risks belonging to a particular hazard are to be distinguished: existential, sequential, physical, and statistical. The type and number of possible groupings of combined risks, called "risk combinations", depends upon the type of existential and sequential relations among the risks affecting the respective entity. The results of the analysis from this study can be used in decision makings on which risks are to be considered in the decisions. The combined-risk problem relates to various fields of risk engineering and management as, such as seismic engineering, medicine, agriculture, economic engineering.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - JOUR
AU  - Milík Tichý
PY  - 2017
DA  - 2017/07/03
TI  - Risk Combinations in the Risk Analysis and Management
JO  - Journal of Risk Analysis and Crisis Response
SP  - 64
EP  - 71
VL  - 7
IS  - 2
SN  - 2210-8505
UR  - https://doi.org/10.2991/jrarc.2017.7.2.2
DO  - 10.2991/jrarc.2017.7.2.2
ID  - Tichý2017
ER  -