A risk matrix is a mechanism to characterize and rank process risks that are typically identified through one or more multifunctional reviews (e.g., process hazard analysis, audits, or incident investigation). This paper describes a procedure for developing a fuzzy risk matrix that may be used for emerging fuzzy logic applications in different safety analyses (e.g., LOPA). The fuzzification of ...

Neuroimaging methods (e.g., functional magnetic resonance imaging or FMRI) can now resolve momentary changes in deep brain activity that not only correlate with but also predict risky choice. Accumulating evidence beginning from financial choice studies but extending into other domains indicates that risk assessment recruits activity in multiple core components which differentially promote (e.g...

In this paper, we use the interior-outer-set model to calculate the risk of crop flood and order farming alternatives for Huarong County, China, where only a small sample of eight observations is available. Any risk assessment from the data must be imprecise. The risk calculated by this suggested model is a particular case among imprecise probabilities, called possibility–probability distributi...

in recent decade, several methodologies and tools have been developed to undertake a risk analysis in order to prevent accidents in the process industries. attempts have been made to study and compare these methods. however, yet no method has been proposed to aid managers in a scientific selection of a proper risk analysis method. in this paper, we have presented a multi criteria decision makin...