A discussion of the acceptable risk problem
نویسنده
چکیده
The petroleum activities on the Norwegian Continental Shelf are subject to regulations issued by the Norwegian Petroleum Directorate. One important issue in these regulations is the use of acceptance criteria, and this paper discusses some philosophical aspects of acceptance criteria for risk, and the role of statistical decision theory within safety management. Statistical decision theory has been applied in several studies within the nuclear industry, but has not been fully adopted within the petroleum activity. The discussion concludes by listing important measures to manage the acceptable risk problem.
منابع مشابه
Optimal Portfolio Allocation based on two Novel Risk Measures and Genetic Algorithm
The problem of optimal portfolio selection has attracted a great attention in the finance and optimization field. The future stock price should be predicted in an acceptable precision, and a suitable model and criterion for risk and the expected return of the stock portfolio should be proposed in order to solve the optimization problem. In this paper, two new criterions for the risk of stock pr...
متن کاملمرور ملاحظات اخلاقی و نقد میزان خطر قابل قبول در کارآزمایی بالینی بر داوطلب سالم
Healthy volunteers are the first group who take part in experimental studies on the efficacy of new drugs. Parallel with expanding the boundaries of medical science, medical research has shown rapid growth which has caused new and critical ethical challenges in medical research.A clinical trial is one of the essential methods in clinical research and a very challenging method from the ethical v...
متن کاملارایه روش انتخاب اقدامات اصلاحی در فرآیند مدیریت ریسک ایمنی با استفاده از مدل سازی ریاضی
Introduction: Risk assessment is a main tool in safety management process as it can help managers to choose corrective actions by providing appropriate information. The purpose of this paper was to select the optimal corrective actions among the proposed ones by the experts based on mathematical modeling, taking into account the standards and also the limitations including the cost. Material...
متن کاملThe Role of Quantitative Risk Assessment in Improving Hazardous Installations Siting: A Case Study
Safety distance has already been a main measurement for the hazard control of chemical installations interpreted to mean providing space between the hazardous installation and different types of targets. But, the problem is how to determine the enough space. This study considers the application of quantitative risk assessment to evaluating a compressed natural gas station site and to identi...
متن کاملبهکارگیری بهینه سازی استوار در مساله انتخاب سبد سهام با افت سرمایه در معرض خطر مشروط
Portfolio selection problem is one of the most important problems in finance. This problem tries to determine the optimal investment allocation such that the investment return be maximized and investment risk be minimized. Many risk measures have been developed in the literature until now; however, Conditional Drawdown at Risk is the newest one, which is a conditional risk value type problem. T...
متن کامل