Approach for Economic Risks Modeling and Anti-risk Decision Making in a Transport Company
Available Online February 2019.
- https://doi.org/10.2991/cmdm-18.2019.8How to use a DOI?
- economic risk, risk modeling, risk management, prediction of economic efficiency of anti-risk decisions, decision making
- The article discusses economic risks as a form of uncertainty actualization that characterizes the management decisions quality. An approach to modeling and managing the company's risks which is based on a step-by-step process of identifying the most significant risks and their factors on the basis of simulation modeling and developing management decisions to minimize the economic loss and to minimize the frequency of risk events when it is impossible to completely prevent risks is proposed. This approach was applied in the transport company and demonstrated an economic effect of its implementation.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Ekaterina Orlova PY - 2019/02 DA - 2019/02 TI - Approach for Economic Risks Modeling and Anti-risk Decision Making in a Transport Company BT - Third Workshop on Computer Modelling in Decision Making (CMDM 2018) PB - Atlantis Press SN - 2352-538X UR - https://doi.org/10.2991/cmdm-18.2019.8 DO - https://doi.org/10.2991/cmdm-18.2019.8 ID - Orlova2019/02 ER -