Proceedings of the Third Workshop on Computer Modelling in Decision Making (CMDM 2018)

Approach for Economic Risks Modeling and Anti-risk Decision Making in a Transport Company

Authors
Ekaterina Orlova
Corresponding Author
Ekaterina Orlova
Available Online February 2019.
DOI
https://doi.org/10.2991/cmdm-18.2019.8How to use a DOI?
Keywords
economic risk, risk modeling, risk management, prediction of economic efficiency of anti-risk decisions, decision making
Abstract
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.
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This is an open access article distributed under the CC BY-NC license.

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Proceedings
Third Workshop on Computer Modelling in Decision Making (CMDM 2018)
Part of series
Advances in Computer Science Research
Publication Date
February 2019
ISBN
978-94-6252-674-7
ISSN
2352-538X
DOI
https://doi.org/10.2991/cmdm-18.2019.8How to use a DOI?
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  -