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A general index of inherent risk [PDF]
, 2009 We extend the pioneering work of Aumann and Serrano by presenting an index of inherent riskiness of a gamble having the desirable properties of their index, while being applicable to gambles with either positive or negative expectations. As such, our index provides a measure of riskiness which is of use for both risk lovers and risk aversive gamblers ...
Adi Schnytzer, Sara Westreich
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Process synthesis with simultaneous consideration of inherent safety-inherent risk footprint
Frontiers of Chemical Science and Engineering, 2018Process plants should be designed to be economically viable and environmentally friendly, while also being operable and maintainable during process implementation. The safety of processes is among the most important considerations in obtaining results that are more acceptably realistic, as it is linked to the availability and reliability of the process.
Zdravko Kravanja, Kravanja Zdravko
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The influences of inherent risk and information acquisition on consumer risk reduction strategies
Journal of the Academy of Marketing Science, 1983The relative extent to which subjects employ six risk reduction strategies (RRSs) in two different risk conditions and on each of nine experimental trials is examined in the context of a brand choice decision (BCD) task. It was expected that there would occur: (1) a decline in the use of RRSs over trials, (2) a greater use of RRSs in a high inherent ...
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Risk-based process plant design considering inherent safety
Safety Science, 2014 An inherently safer approach is becoming a key parameter of process and plant design. However, a lack of established guidelines and methods hinders most industries from utilizing inherent safety concepts to a full extent. This paper presents a risk-based
Samith Rathnayaka +2 more
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Informing patients of risks inherent in treatment
British Journal of Community Nursing, 2008Consent to treatment lies at the heart of autonomous decision making by patients who are entitled to make a free choice about whether to accept or refuse treatment. To help patients arrive at their decision district nurses must ensure that they give sufficient information about the nature and risks inherent in the treatment to allow an informed choice
Richard, Griffith, Cassam, Tengnah
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High inherent risk elements in financial statements of listed South African long‐term insurers
Meditari: Accountancy Research, 2004 The objective of this research is to identify those industry‐specific elements of the financial statements of listed South African long‐term insurers that are potentially exposed to the highest level of inherent risk.
S.P.J. von Wielligh
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Using risk matrix as an inherent risk tool at preliminary design stage for inherently safer design
2011 National Postgraduate Conference, 2011Safety should be considered and addressed in the whole life cycle of a process system or facility. They are many established methodologies to identify, analyze, prioritize and manage risks arising from different stages. One of the design methodologies to reduce and eliminate root causes of hazards during design stage is known as Inherent Safety (IS ...
Dzulkarnain Zaini, Azmi Mohd Shariff
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