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An Introduction to Mental Modeling -- Part I. The Mental Modeling Approach -- Mental Modeling Research Technical Approach -- Science of Mental Modeling -- Part II. Applications at U.S. Army Corps of Engineers (USACE) -- Flood Risk Management -- Adaptive Management for Climate Change --...
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Research communities across multiple disciplines have demonstrated an increasing concern about variations in the performance of social-ecological systems. In response to this concern, holistic research on resilience explores explanations for the performance of the systems under both predictable...
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This paper reviews implementation of the risk management frameworks used by eight federal and foreign agencies - including the Minerals Management Service (MMS, now the Bureau of Ocean Energy Management, Regulation, and Enforcement, or BOEMRE) - and summarizes the features of a robust tolerable...
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We examine the effect of the risk tolerance of downstream firms (i.e., customers) on the investment inefficiency of upstream firms (i.e., suppliers). Using the pilot licensing status of the CEOs as a proxy for their inherent risk tolerance, we find that customer firms led by pilot CEOs are...
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