There are numerous examples of supply chain disruptions that have occurred which have had devastating impacts not only on a single firm but also on various other firms in the supply network. We utilize a Bayesian Network (BN) approach and develop a model of risk propagation in a supply network....

Dam breaks have catastrophic consequences for human lives. This paper presents a new human risk analysis model (HURAM) using Bayesian networks for estimating human risks due to dam-break floods. A Bayesian network is constructed according to a logic structure of loss-of-life mechanisms. The...

The Tangjiashan landslide dam was formed during the Ms8.0 Wenchuan earthquake in 2008 and posed high risks to 1.2 million people downstream the dam. A human risk analysis model (HURAM) reported in the companion paper is applied to evaluate the human risk in the Tangjiashan landslide dam...

Stress testing (ST) was undertaken as part of the Guernsey Financial sector assessment Program (FSAP) Update in order to assess the resilience of the Guernsey financial system to a variety of potential strains. The approach taken was a simulation of the effect of a potential double-dip recession...

Value-at-Risk (VaR) has become a standard measure for risk management and regulation. In the case of a two-parameter distribution, a common method among practitioners is first to calculate the daily VaR and then to apply it to a longer investment horizon by using the Square Root Rule (SRR). We...

Purpose –This paper seeks to show optimal strategies for firms to cope with analysis and management of risks. Design/methodology/approach - Empirical and experimental studies on gender differences in risk analysis and risk management are reported and assessed. Findings - Women appear less...

Purpose – The purpose of this paper is to present a competitive defender-attacker risk model that assumes a dual exponential relationship between defender (Ci) and attacker (Ai) resource allocation: vi(Ai,Ci)=e-aici-e-aiCi-?iAi. Design/methodology/approach – Network risk is defined in terms...

Purpose – The purpose of this research is to examine the degree to which the UAE banks use risk management practices and techniques in dealing with different types of risk. The secondary objective is to compare risk management practices between the two sets of banks....

Purpose – The objectives of this paper are to: define business risk; identify whether economic capital could be used to mitigate this risk; and investigate business-risk measurement methodologies. Design/methodology/approach – The paper analyzes definitions used in theory and practice and...