Conceptualising risk

Andrzej Jasionowski, Dracos Vassalos

Research output: Chapter in Book/Report/Conference proceedingChapter

1 Citation (Scopus)

Abstract

Ever present jargon and colloquial notion of risk, coupled with obscuring of the simplicity inherent in the concepts of risk by the sophistication of computer software applications of techniques such as event trees, fault trees, Bayesian networks, or others, seem to be major factors inhibiting comprehension and systematic proliferation of the process of safety provision on the bases of risk in routine ship design practice. This paper attempts to stimulate consideration of risk at the fundamental level of mathematical axioms, by proposing a prototype of a comprehensive yet plain model of risk posed by the activity of ship operation. A process of conceptualising of substantive elements of the proposed risk model pertinent to the hazards of collision and flooding is presented. Results of tentative sensitivity studies are presented and discussed.
Original languageEnglish
Title of host publicationContemporary Ideas on Ship Stability and Capsizing in Waves
EditorsMarcelo Almeida Santos Neves, Vadim L. Belenky, Jean Otto de Kat, Kostas Spyrou, Naoya Umeda
Place of PublicationDordrecht
PublisherSpringer
Pages47-64
Number of pages18
ISBN (Print)9789400714816
DOIs
Publication statusPublished - 3 Jul 2011

Publication series

NameFluid Mechanics and Its Applications
PublisherSpringer
Volume97
ISSN (Print)0926-5112

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