Strategic Coordination for Sustainable Investment in Critical Infrastructure

Risk Management in Critical Infrastructure—Foundation for Its Sustainable Work

The paper concerns research related to the European project CIRAS and presents a validation experiment with the use of a risk management tool adapted for critical infrastructures. The project context and state of the art are discussed. The adaptation of the risk management tool is performed according to previously elaborated requirements which consider interdependencies, cause-consequences anal...

Infrastructure Investment as “sustainable Development”: a Bangladesh Case Study

Delayed-Bang Approach Towards More Sustainable Critical Infrastructure Risk Management

This article describes the Delayed Bang Approach for determining the value of risk management alternatives in critical infrastructure security. The discussion includes (1) the need for sustainable risk management (2) the importance of time valuation in evaluating competing loss prevention and loss reduction alternatives, (3) the convergence of deterministic engineering economics, survivability ...

Cyberattacks on Critical Infrastructure and Potential Sustainable Development Impacts

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Strategic Investment in Networks

We examine how the presence of network effects influences investment decisions. Building a network requires significant upfront investment but benefits carry tremendous uncertainty. This creates an incentive to defer the commitment of irreversible investments. However, such investments may also create the opportunity to convince the consumers about the network’s size, establish a network standa...