Systemic risk and security management

Ermoliev, Y. & von Winterfeldt, D. (2012). Systemic risk and security management. In: Managing Safety of Heterogeneous Systems. Eds. Ermoliev, Y, Makowski, M ORCID:, & Marti, K, Heidelberg: Springer. 10.1007/978-3-642-22884-1_2.

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The aim of this paper is to develop a decision-theoretic approach to security management of uncertain multi-agent systems. Security is defined as the ability to deal with intentional and unintentional threats generated by agents. The main concern of the paper is the protection of public goods from these threats allowing explicit treatment of inherent uncertainties and robust security management solutions. The paper shows that robust solutions can be properly designed by new stochastic optimization tools applicable for multicriteria problems with uncertain probability distributions and multivariate extreme events.

Item Type: Book Section
Research Programs: Advanced Systems Analysis (ASA)
Directorate (DIR)
Bibliographic Reference: In: Y Ermoliev, M Makowski, K Marti (eds); Managing Safety of Heterogeneous Systems; Springer, Heidelberg, Germany pp.19-49 (February 2012)
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Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 08:47
Last Modified: 27 Aug 2021 17:22

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