Flood risk quantification is a complex process involving chain of models. The approach contains many uncertainties which accumulate in the calculated flood risk. Risk-based safety standards are therefore prone to large uncertainty. This study aims quantify uncertainty risk-based for Dutch riverine case study. Through systematic using expert elicitation, key sources standard derivation identifie...

Abstract The executive leadership in corporate organizations is increasingly challenged with managing cyber-risks, as an important part of wider business risk management. Cyber-risks are complex, the threat landscape evolving, including digital infrastructure issues such trust networked supply chains, and emerging technologies. Moreover, engaging organizational to assess for management also dif...

Abstract Risk measures such as expected shortfall (ES) and value-at-risk (VaR) have been prominent in banking regulation financial risk management. Motivated by practical considerations the assessment management of risks, including tractability, scenario relevance robustness, we consider theoretical properties scenario-based evaluation. We establish axiomatic characterisations that are comonoto...

Human error is a significant and ever-growing problem in the healthcare sector. In this study, resource allocation problem is considered along with human errors to optimize utilization of resources in an emergency department. The algorithm is composed of simulation, artificial neural network (ANN), design of experiment (DOE) and fuzzy data envelopment analysis (FDEA). It is a multi-response opt...

Case-based reasoning is a paradigm inmachine learningwhose idea is that a new problem can be solved by noticing its similarity to a set of problems previously solved. We propose a new approach to case-based reasoning. It is based on rough set theory that is amathematical theory for reasoning about data. More precisely, we adopt Dominance-based Rough Set Approach (DRSA) that is particularly appr...

The hub location problem arises in a variety of domains such as transportation and telecommunication systems. In many real-world situations, hub facilities are subject to disruption. This paper deals with the multiple allocation hub location problem in the presence of facilities failure. To model the problem, a two-stage stochastic formulation is developed. In the proposed model, the number of ...