• 제목/요약/키워드: Risk-based

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FUZZY RISK MEASURES AND ITS APPLICATION TO PORTFOLIO OPTIMIZATION

  • Ma, Xiaoxian;Zhao, Qingzhen;Liu, Fangai
    • Journal of applied mathematics & informatics
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    • 제27권3_4호
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    • pp.843-856
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    • 2009
  • In possibility framework, we propose two risk measures named Fuzzy Value-at-Risk and Fuzzy Conditional Value-at-Risk, based on Credibility measure. Two portfolio optimization models for fuzzy portfolio selection problems are formulated. Then a chaos genetic algorithm based on fuzzy simulation is designed, and finally computational results show that the two risk measures can play a role in possibility space similar to Value-at-Risk and Conditional Value-at-Risk in probability space.

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보험 손실액을 활용한 자연재해 위험 지도 개발 및 적용방안 연구 (Development of Natural Hazard Risk Map using Insured Claim Payouts and Its Application)

  • 김지명;박영준
    • 한국건축시공학회:학술대회논문집
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    • 한국건축시공학회 2015년도 춘계 학술논문 발표대회
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    • pp.257-258
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    • 2015
  • The amount of damages caused by natural hazards is consistently growing due to the unusual weather and extreme events. At the same time, property damage by natural hazards is rapidly increasing as well. Hence, we need systematic anti-disaster activities and consulting that can react to such a situation. To address these needs, we investigated and analyzed insured claim payouts from natural hazards by administrative area, and calculate the risk index utilizing GIS. According to the index, this map is identifying the areas of greatest natural hazard risk. The ranking of natural disaster vulnerability based on the risk index, and risk grades were divided into five based on the ranking. This map integrates the natural hazard losses to assist in comprehensive and effective loss prevention activities using analysis of regional loss claims from natural hazards. Moreover, this map can be as utilized as loss mitigation and prevention activities to verify the distribution of exposure and hazards.

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An Fuzzy-based Risk Reasoning Driving Strategy on VANET

  • 이병관;정이나;정은희
    • 인터넷정보학회논문지
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    • 제16권6호
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    • pp.57-67
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    • 2015
  • This paper proposes an Fuzzy-based Risk Reasoning Driving Strategy on VANET. Its first reasoning phase consists of a WC_risk reasoning that reasons the risk by using limited road factors such as current weather, density, accident, and construction, a DR_risk reasoning that reasons the risk by combining the driving resistance with the weight value suitable for the environment of highways and national roads, a DS_risk reasoning that judges the collision risk by using the travel direction, speed. and distance of vehicles and pedestrians, and a Total_risk reasoning that computes a final risk by using the three above-mentioned reasoning. Its second speed reduction proposal phase decides the reduction ratio according to the result of Total_risk and the reduction ratio by comparing the regulation speed of road to current vehicle's speed. Its third risk notification phase works in case current driving speed exceeds regulation speed or in case the Total_risk is higher than AV(Average Value). The Risk Notification Phase informs rear vehicles or pedestrians around of a risk according to drivers's response. If drivers use a brake according to the proposed speed reduction, the precedent vehicles transfers Risk Notification Messages to rear vehicles. If they don't use a brake, a current driving vehicle transfers a Risk Message to pedestrians. Therefore, this paper not only prevents collision accident beforehand by reasoning the risk happening to pedestrians and vehicles but also decreases the loss of various resources by reducing traffic jam.

Agent Based Information Security Framework for Hybrid Cloud Computing

  • Tariq, Muhammad Imran
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • 제13권1호
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    • pp.406-434
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    • 2019
  • In general, an information security approach estimates the risk, where the risk is to occur due to an unusual event, and the associated consequences for cloud organization. Information Security and Risk Management (ISRA) practices vary among cloud organizations and disciplines. There are several approaches to compare existing risk management methods for cloud organizations but their scope is limited considering stereo type criteria, rather than developing an agent based task that considers all aspects of the associated risk. It is the lack of considering all existing renowned risk management frameworks, their proper comparison, and agent techniques that motivates this research. This paper proposes Agent Based Information Security Framework for Hybrid Cloud Computing as an all-inclusive method including cloud related methods to review and compare existing different renowned methods for cloud computing risk issues and by adding new tasks from surveyed methods. The concepts of software agent and intelligent agent have been introduced that fetch/collect accurate information used in framework and to develop a decision system that facilitates the organization to take decision against threat agent on the basis of information provided by the security agents. The scope of this research primarily considers risk assessment methods that focus on assets, potential threats, vulnerabilities and their associated measures to calculate consequences. After in-depth comparison of renowned ISRA methods with ABISF, we have found that ISO/IEC 27005:2011 is the most appropriate approach among existing ISRA methods. The proposed framework was implemented using fuzzy inference system based upon fuzzy set theory, and MATLAB(R) fuzzy logic rules were used to test the framework. The fuzzy results confirm that proposed framework could be used for information security in cloud computing environment.

대기중 복합물질의 돌연변이원성과 인체 위해도 (Health Risk of Airborne Complex Mixtures Based on their Mutagenicity)

  • 박성은;정용
    • 한국대기환경학회지
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    • 제12권3호
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    • pp.269-278
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    • 1996
  • Airborne suspended particulates were collected by an Andersen high volume air sampler in a traffic area of Seoul from September 1990 to August 1991. Origanic matter extracted from particulates, their fractions, namely acidic, basic, neutral and carcinogenic subfractions (PAHs, nitroarenes) in neutral fractions were assayed for mutagenicity on TA98, TA100 and TA98NR deficient Salmonella strains, use of the pre-incubation method. The relative contribution to total mutanenicity of organic matters was highest in neutral fraction and was lowest in basic fraction. Among subfractions, that of neutral fraction was higher nitroarenes subfraction compared to PAHs subfraction. While the carcinogenic effect of benzo[a]pyrene was calculated as 0.96 persons/million persons based on unit risk estimates by extrapolation method, life time excess cancer risk estimate of EOM, neutral, PAH fraction based on their mutagenicity was calculated as 52, 42, 3.8 persons/million persons, respectively. These findings indicate that the mutagenic hazard of the partciculate, air organic complex mixture, may be dependent upon the mutagen composition in the particulate and interactions each of them. Therfore, health risk from air organic complex mixtures based on mutagenicity might be useful indicator for evaluation of actual risk.

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Probabilistic Prediction of Stability of Ship by Risk Based Approach

  • Long, Zhan-Jun;Lee, Seung-Keon;Lee, Sung-Jong;Jeong, Jae-Hun
    • 한국항해항만학회지
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    • 제33권4호
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    • pp.255-261
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    • 2009
  • Prediction of the stability for ships is very complex in reality. In this paper, risk based approach is applied to predict the probability of capsize for a certified ship, which is effected by the forces of sea especially the wave loading Safety assessment and risk analysis process are also applied for the probabilistic prediction of stability for ships. The probability of shipsencountering different waves at sea is calculated by the existed statistics data and risk based models. Finally, ship capsizing probability is calculated according to single degree of freedom(SDF) rolling differential equation and basin erosion theory of nonlinear dynamics. Calculation results show that the survival probabilities of ship excited by the forces of the seas, especially in the beam seas status, can be predicted by the risk based method.

압력설비의 안전관리를 위한 위험기반검사(RBI) 기술 (Risk-Based Inspection(RBI) Technology for Safety Management of the Pressurized Facilities)

  • 이헌창;한성환;조지훈;김태옥
    • 한국가스학회지
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    • 제15권4호
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    • pp.1-6
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    • 2011
  • 위험기반검사(RBI)는 석유화학, 정유, 가스 산업 등에서 압력설비를 위험도에 따라 검사주기, 검사방법 등의 검사계획을 제시하는 검사기법으로, RBI 기술을 사용하여 위험도가 높은 설비를 집중적이고, 비용-효과적으로 유지 보수 및 관리할 수 있다. 본 논문에서는 RBI의 원리 및 수행절차, RBI에 의한 위험 및 설비 관리와 적용효과, RBI 기술현황 및 국내 적용현황을 소개하고, RBI의 발전방안을 제안하였다.

FMEA를 활용한 뒷문거래 개선모델 개발 (Development of the FMEA-based Backdoor Transaction Improvement Model)

  • 류성국;김선호;김종만
    • 대한안전경영과학회지
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    • 제21권4호
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    • pp.7-15
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    • 2019
  • This paper proposes the FMEA-based model to avoid backdoor transactions when purchasers select suppliers for products and services. In the model, backdoor transactions consist of two categories: backdoor selling and maverick buying. Both of which influence negative effects on cost savings due to not only uncompetitive advantage but also unusable purchasing leverage by unethical and misbehavior of purchase requestors. For the risk evaluation based on FMEA, three and five risk types of backdoor selling and maverick buying are identified respectively. Current risk priority numbers(RPN) based on those risk types are calculated by three categories: occurrence, detection and severity. Six risk mitigation strategies and fourteen mitigation tactics are identified to improve current RPN. In order to validate the model, questionnaires are collected from fifteen companies and statistically analyzed. The analysis result shows that the model reduces backdoor transaction risks and has no differences in reduction of backdoor transaction risks regardless of the type of purchasing organization units and existence of purchasing procedures in the organization.

Development and Application of a Sensemaking Approach to Community-based Disaster Risk Governance

  • Choi, Choongik;Tatano, Hirokazu;Choi, Junho
    • The Journal of Asian Finance, Economics and Business
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    • 제6권1호
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    • pp.289-301
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    • 2019
  • This paper explores community-based flood disaster risk governance by applying a sensemaking approach. The conceptual sensemaking framework consists of individual experience, dialogue, and socialization components, which together comprise an interconnected system. This study presents a method for applying this framework by using a concerns table and a SWOT analysis to examine the concerns of residents living in a flood plain. A series of community-based workshops on flood risk reduction was conducted with residents of the flood-prone Muraida community in Shiga Prefecture, Japan. During the workshops, residents' concerns regarding flood risk surfaced. This study used an idiographic approach to examine the proceedings of the workshops. SWOT issue analysis was used to examine the strengths and weaknesses in the Muraida community's internal capacities, and examine the opportunities and threats in the external capacities (e.g., local government). Additionally, a SWOT strategy analysis was conducted to identify strategies for knowledge sharing and development of cooperative countermeasures that can be undertaken between the Muraida community and the local government. The results show that the concerns table can not only summarize the main concerns of all workshops, but also provide an understanding of alternative flood risk countermeasures that can be carried out.

디지털물(物) 국제법래(國際去來)의 리스크관리방안(管理方案)에 관한 연구(硏究) (A Study on the Risk Management in International Transaction of Digital Goods)

  • 안병수
    • 무역상무연구
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    • 제29권
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    • pp.143-172
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    • 2006
  • This study focuses on the risk management of "Digital Goods" appeared with the progress of information technology(IT) in international transaction. As a result of that digital goods have a lot of uncertainty between the general goods or service which have been deal with object of international transaction broadly because digital goods hold uniqueness. In this study, the author give a definition of "Digital Goods" and make an examination of uniqueness of that in international transaction. Next, six risks are defined base on risk theory and risk analysis matrix applying risk mapping model is made. Conclusionally, risk transfer as insurance is adequate to manage business risk, security risk, credit risk and legal risk. Meanwhile, risk avoidance is adequate to manage reputation risk and market risk. But, this study have following three limits. Firstly, concerning definition of the risk, real case is not applied owing to lack of transaction data. Secondly, measuring of the risk is not based on absolute data but relative data. Lastly, suggesting way of risk management is not concrete and practical to international trader of digital goods.

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