Approaches to Prognosing the European Economic Crisis Through a New Economic–Financial Risk Sensitivity Model DOI Creative Commons
Monica Laura Zlati, Costinela Forțea,

Alina Meca

et al.

Economies, Journal Year: 2024, Volume and Issue: 13(1), P. 3 - 3

Published: Dec. 31, 2024

This paper presents a novel approach to prognosing European economic crises through the development of an economic–financial risk sensitivity model. The model integrates key macroeconomic indicators such as government deficit (NETGDP), GINI coefficient, social protection expenditure (ExSocP), unemployment rate (UNE), research and spending (RDGDP), tax structures (TXSwoSC), assessing their role in predicting vulnerability across countries. By applying Kruskal–Wallis non-parametric test on data from 324 observations multiple countries, significant differences were identified distribution these variables. results show that policies related protection, R&D, taxation play important country’s resilience shocks. On other hand, income inequality exhibit less variation, reflecting global conditions. provides comprehensive assessment framework, allowing for early detection potential guiding policy adjustments mitigate risks. methodology offers valuable insights into economies financial disruptions, emphasizing importance fiscal maintaining stability.

Language: Английский

Investigation into safety acceptance principles for autonomous ships DOI Creative Commons
Victor Bolbot, Martin Bergström,

Marko Rahikainen

et al.

Reliability Engineering & System Safety, Journal Year: 2025, Volume and Issue: unknown, P. 110810 - 110810

Published: Jan. 1, 2025

Language: Английский

Citations

1
Multi-Criteria Decision Making for Risk Management in Quality Management Systems DOI Open Access
Eliana Judith Yazo-Cabuya, Asier Ibeas, Rossanna Rey-Caballero

et al.

Sustainability, Journal Year: 2025, Volume and Issue: 17(3), P. 1092 - 1092

Published: Jan. 29, 2025

This study addresses risk management in quality systems by analyzing prioritization using the multi-criteria methods Decision-Making Trial and Evaluation Laboratory (DEMATEL) Analytic Hierarchy Process (AHP). The primary objective was to identify evaluate key risks, considering emerging factors such as climate change, strengthen organizational resilience long term. A panel of 42 experts prioritized following typologies: (i) geopolitical, (ii) economic, (iii) social, (iv) technological, (v) environmental. results revealed an increase importance geopolitical economic risks for 2024 compared 2020, while technological environmental decreased. Additionally, were projected over next 10 years, highlighting extreme events biodiversity loss most relevant 2034. findings emphasize need a proactive approach management, aligned with ISO 9001:2015 standards its recent change amendment published 2024, adapt strategies constantly evolving global environment ensure long-term sustainability.

Language: Английский

Citations

0
A dynamic risk interdependency network-based model for project risk assessment and treatment throughout a project life cycle DOI Creative Commons
Li Guan, Alireza Abbasi, Michael J. Ryan

et al.

Computers & Industrial Engineering, Journal Year: 2025, Volume and Issue: unknown, P. 110921 - 110921

Published: Jan. 1, 2025

Language: Английский

Citations

0
Enhancing energy resilience in enterprises: a multi-criteria approach DOI Creative Commons

P. Lebepe,

Tebello N.D. Mathaba

Sustainable Energy Research, Journal Year: 2025, Volume and Issue: 12(1)

Published: Jan. 31, 2025

Unreliable energy supply disrupts productivity and escalates costs in manufacturing enterprises, highlighting the need for robust resilience strategies. Existing multi-criteria decision-making (MCDM) methods, such as analytic hierarchy process (AHP), best–worst method (BWM), unaugmented TOPSIS, often lack advanced risk prioritization objective criteria weighting, limiting their effectiveness addressing complex, multidimensional challenges. This study proposes an integrated framework that combines Failure Mode Effects Analysis (FMEA) prioritization, CRITIC-method weighting based on 4A's dimensions—availability, accessibility, affordability, acceptability—and fuzzy-TOPSIS strategy ranking. The bridges theoretical rigor with operational applicability, unique challenges faced by enterprises. Validated through a real-world case sensitivity analysis, it identifies actionable strategies, flexible scheduling, demonstrating consistent rankings across comparative analyses fuzzy VIKOR, WASPAS, MARCOS. sector-specific approach advances both academic understanding industrial practice providing scalable, tool enhancing resilience. presents integrating FMEA, CRITIC-method, within to address It prioritizes risk, provides ranks strategies under uncertainty. study, effective demonstrates adaptability, confirming robustness via analyses. Demonstrating adaptability varying weights (± 20%) reliability MCDM offers advancing practical manufacturing.

Language: Английский

Citations

0
A framework for evolving assumptions in risk analysis DOI Creative Commons
Kendrick Hardaway, Roger Flage

Risk Analysis, Journal Year: 2025, Volume and Issue: unknown

Published: March 8, 2025

Risk assessment can be used to evaluate the risks of complex systems and emerging technologies, such as human-climate nexus automation inform pathways policies. Due interconnected evolutionary features topics, risk analysts must navigate dynamics changing assumptions probabilities in assessment. However, current analysis approach neglects a large extent an explicit consideration these dynamics, either oversimplifying or neglecting likely human response technologies. In this article, we outline why receive close attention, then provide possible framework through which consider dynamics. Ultimately, propose formal conceptualizing implementing description with respect feedback loops adaptive systems.

Language: Английский

Citations

0
Assessment of Occupational Risk Using Multi-Criteria Fuzzy AHP Methodology in a University Laboratory DOI Open Access
Bruno Storch de Almeida Calixto, Ariel Orlei Michaloski

Sustainability, Journal Year: 2025, Volume and Issue: 17(6), P. 2715 - 2715

Published: March 19, 2025

Academic laboratories operate in diverse fields. However, they expose individuals to occupational risks. To ensure social and economic sustainability, organizations must assess these Accident prevention reduces injuries financial losses. This study aims structure an risk assessment process a university chemical laboratory Brazil using the fuzzy analytic hierarchy (FAHP). The methodology consists of identifying risks applying FAHP with linguistic variables evaluate prioritize them. Fifteen hazard sources were identified. In phase, “Chemical Risk” criterion was given highest priority, accounting for 54%, followed by “Accident at 26%, “Physical 13%, “Ergonomic risk” 7%. contributes novel scientific method that enables low-cost assessment, reducing need significant investments technology or specialized consultancy services. Furthermore, research suggests this technique different sectors, broadening applicability assessment.

Language: Английский

Citations

0
An Analytical Risk Mitigation Framework for Steel Fabrication Supply Chains Using Fuzzy Inference and House of Risk DOI Creative Commons
Fadillah Ramadhan, Agus Mansur, Nashrullah Setiawan

et al.

Supply Chain Analytics, Journal Year: 2025, Volume and Issue: unknown, P. 100122 - 100122

Published: April 1, 2025

Language: Английский

Citations

0
The Relationship between Cyber Risk Management and Digital Transformation. A Bibliometric Analysis DOI Creative Commons

Manuela Catrina,

Alexandru-Mihai Ghigiu

Review of International Comparative Management, Journal Year: 2024, Volume and Issue: Vol. 25 No. 1

Published: March 1, 2024

Based on the manifold implications of relationship between cyber risk management and digital transformation, present paper intends to perform a bibliometric analysis stressing main topics which have been investigated so far under this overarching research theme.The aim is conduct structured examination in context with focus practices.The was conducted following steps PRISMA guidelines.73 sources retrieved from Scopus database were analysed, covering 37 papers presented at conferences, 24 articles published scientific journals, 8 book chapters 1 full together 2 reviews conference review.In terms areas, majority studies came disciplines engineering, computer science social sciences.By using various approaches assess risks, provides solid framework for understanding managing threats systematic effective way.Moreover, analyses reflect discrepancies perceived level cybersecurity requirements actual preparedness awareness risks industry sectors.This underlines need more comprehensive proactive approach management, taking into account not only technologies protection methods, but also cultural organisational aspects.

Language: Английский

Citations

1
Rule of Thumb for Estimating Workforce Allocations (ROT4WFA) for Computer Networking Projects DOI

Richard Nana Nketsiah,

Israel Edem Agbehadji, Richard Millham

et al.

Published: March 7, 2024

The challenge of allocating workforce efficiently has long plagued project management, especially in the domain computer networking. intrinsic diversity tasks, rapid technological advancements, and multifaceted skill requirements often culminate delays, inflated costs, operational inefficiencies. Efficiently estimating networking projects to ensure timely completion, minimize uphold high-quality standards remains a significant management. To address this, we present "Rule Thumb for Workforce Allocation (ROT4WFA)", novel methodology specifically designed projects. Grounded empirical insights decades industry experience, ROT4WFA offers structured approach, providing clear roadmap managers stakeholders. It directs stakeholders through intricacies task delineation, mapping, productivity estimation. methodology's core strength lies its emphasis on setting realistic constraints, particularly when integrating advanced optimization techniques. These derived from technical boundaries, have profound implications costs overall quality outcomes. Furthermore, champions need practical, on-ground knowledge. ensures that constraint definitions are harmony with ground realities, producing optimal results irrespective algorithm's complexity. Our findings underscore that, by adhering ROT4WFA, witnessed reduction overrun notable improvement resource optimization. As continue burgeon complexity, emerges as beacon, bridging chasm between aspirations tangible capabilities, heralding paradigm shift allocation strategies sophisticated initiatives.

Language: Английский

Citations

0
A risk science perspective on how to evaluate the quality of intelligence assessments DOI Creative Commons
Sasan Zarghooni-Hoffmann, Terje Aven

Intelligence & National Security, Journal Year: 2024, Volume and Issue: unknown, P. 1 - 21

Published: Dec. 11, 2024

Recent articles on intelligence theory have shown that guidelines for evaluating and expressing the quality of assessments are based weak theoretical justifications lack a proper foundation. Risk analysts face similar issues related to understanding, assessing, communicating threats uncertainties. This article draws risk science's advances in strength knowledge used assessments. Using fictitious arms trafficking case, we demonstrate compatibility strength-of-knowledge approach with current understanding confidence studies. The aim is show framework formalized language applicable evaluation assessment as well general. Implications practice research discussed.

Language: Английский

Citations

0