In this thesis we consider two comparative statics questions of changes in risk. The first question concerns situations where an individual faces some risk and has no control over the uncertain environment. In these situations we ask what kind of changes in risk will cause the individual's...

Purpose – This paper aims to provide a review of techniques that support risk management in product development projects using the concurrent engineering (CE) philosophy. Design/methodology/approach – The Australia/New Zealand risk management standard AS/NZS 4360:1999 proposes a generic...

Purpose – The purpose of this paper is to provide a reliable and accurate instrument to assess the supply chain risk of similar comparable industries. This enables the firms which fall in this category of industry to identify and incorporate suitable risk sources under various risk constructs....

Purpose – The purpose of this paper is to study on the risk and preparedness for emergency of a multinational company (MNC) based in Vietnam. This research can assist other MNCs to understand the risk they may face and formulate the necessary emergency preparation to do business in Vietnam....

Purpose – The purpose of this paper is to discuss the objectives of enterprise‐wide risk management (ERM), the Committee of Sponsoring Organizations (COSO) ERM Framework, and outline a method to implement ERM in organizations. Design/methodology/approach – This paper delineates ten steps...

Purpose – To draw attention to a philosophical vacuum underlying the current emphasis on risk assessment. Design/methodology/approach – Definitions of chance, probability and risk are drawn from the literature and the development of risk assessment is surveyed historically. A critique of the...

Purpose – The threat environment countries face is a dynamic one, with many emerging technologies. This paper presents unique challenges as countries evaluate which technologies to pursue in support of national security. Rather than addressing a broad range of strategic options, this paper...

Purpose – The Foresight Future Flooding (FFF) project researched flood risk in the UK to the year 2100 for central government, using scenarios and a national risk assessment model backed by qualitative analysis from panels of some 45 senior scientists. The purpose of this paper is to assess...