an equitable risk allocation between contracting parties plays a vital role in enhancing the performance of the project. this research presents a new quantitative risk allocation approach by integrating fuzzy logic and bargaining game theory. owing to the imprecise and uncertain nature of players’ payoffs at different risk allocation strategies, fuzzy logic is implemented to determine the value...

An equitable risk allocation between contracting parties plays a vital role in enhancing the performance of the project. This research presents a new quantitative risk allocation approach by integrating fuzzy logic and bargaining game theory. Owing to the imprecise and uncertain nature of players’ payoffs at different risk allocation strategies, fuzzy logic is implemented to determine the value...

Allocation of construction risks between clients and their contractors has a significant impact on the total construction costs. This paper presents a system dynamics (SD)-based approach for quantitative risk allocation. Using the proposed SD based approach, all the factors affecting the risk allocation process are modeled. The contractor’s defensive strategies against the one-sided risk alloca...

the efficiency of three statistical models, ahp surface-weighted density bivariate (semi-quantitative models), stepwise multivariate regression and logistic multivariate regression models were compared in chehel-chai watershed in golestan province, iran. in current study the hazard map was prepared according to the top model of landslide hazard map. chehel-chai watershed is located as one of go...

Operational risk is defined as a consequence of critical contingencies most of which are quantitative in nature and many questions regarding economic capital allocation for operational risk continue to be open. Existing quantitative models that compute the value at risk for market and credit risk do not take into account operational risk. They also make various assumptions about ’normality’ and...

Operational risk is defined as a consequence of critical contingencies most of which are quantitative in nature and many questions regarding economic capital allocation for operational risk continue to be open. Existing quantitative models that compute the value at risk for market and credit risk do not take into account operational risk. They also make various assumptions about ’normality’ and...

Multiple software products often exist on the same server and therefore vulnerability in one product might compromise the entire system. It is imperative to perform a security risk assessment during the selection of the candidate software products that become part of a larger system. Having a quantitative security risk assessment model provides an objective criterion for such assessment and com...