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We critically examine how evidence and knowledge are brokered between the various actors (agents) in regulatory decisions on risk. Following a précis of context and regulatory process, we explore the role power and personality might play as evidence is synthesised and used to inform risk...
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Few systems operate completely independent of humans. Thus any study of system risk or reliability requires analysis of the potential for failure arising from human activities in operating and managing this. Human reliability analysis (HRA) grew up in the 1960s with the intention of modelling...
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Chapter 1. Introduction and Overview of Structured Expert Judgement -- Chapter 2. Recent advances in the elicitation of uncertainty distributions from experts for multinomial probabilities -- Chapter 3. Are Performance Weights Beneficial? Investigating the Random Expert Hypothesis -- Chapter 4....
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Risk management in the water utility sector is becoming increasingly explicit. However, due to the novelty and complexity of the discipline, utilities are encountering difficulties in defining and institutionalising their risk management processes. In response, the authors have developed a...
Persistent link: https://www.econbiz.de/10010761000
Risk management in the water utility sector is fast becoming explicit. Here, we describe application of a capability model to benchmark the risk management maturity of eight water utilities from the UK, Australia and the USA. Our analysis codifies risk management practice and offers practical...
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