RISK21 - Coping with Risk due to Natural Hazards in the 21st Century
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Systemic risks and hazards have become increasingly significant features of modern industrial society of which the network industries form a vital element. The idea of systemic risk, however, is much less prominent in the network industries compared to ban ...
A new class of risk measures called cash sub-additive risk measures is introduced to assess the risk of future financial, non financial and insurance positions. The debated cash additive axiom is relaxed into the cash sub-additive axiom to preserve the ori ...
The key to extending the service life of a historical masonry bridge is an accurate examination of its actual performance. This paper presents a risk-based safety approach which introduces a risk matrix illustrating the risk presented by a structure as a f ...
With this report, IRGC aims to raise awareness among professionals about the fact that risks emerge from a common “fertile ground” that is cultivated by twelve generic “contributing factors”. IRGC defines and illustrates these generic factors, which are ap ...
Recent large-scale blackouts and other incidents have shown that failures in network industries can have serious economic and social consequences. A large body of literature covers critical infrastructures (and their protection), but most of it is confined ...
On account of the current global warming, climate researchers warn of a possible increase in the frequency and magnitude of extreme weather conditions in the future. As an alpine canton, the Grisons are particularly exposed to such events. In the article, ...
The need to cope with rockfall hazard and risk led many countries to adopt proper strategies for hazard mapping and risk management, based on their own social and political constraints. The experience of every single country in facing this challenge provid ...
The second French Community Innovation Survey (CIS) indicates that 14% of R&D collaborating firms had to abandon or delay their innovation projects due to difficulties in their partnerships, an outcome which we term “cooperation failures”. Controlling for ...
The current status of the ITER magnetics diagnostic is summarised. The various risks are discussed on the basis of when they could be present during ITER operation and appropriate mitigation is reviewed. An implementation risk or common mode operation fail ...
IRGC defines risk governance deficits as deficiencies (where elements are lacking) or failures (where actions are not taken or prove unsuccessful) in risk governance structures and processes. They hinder a fair and efficient risk governance process. The de ...
