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arXiv · 1303.1672

A new approach for an unitary risk theory

Nicolae Popoviciu·Floarea Baicu
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Abstract

The work deals with the risk assessment theory. An unitary risk algorithm is elaborated. The algorithm is based on parallel curves. The basic curve of risk is a hyperbolic curve, obtained as a multiplication between the probability of occurrence of certain event and its impact. Section 1 contains the problem formulation. Section 2 contains some specific notations and the mathematical background of risk algorithm. A numerical application based on risk algorithm is the content of section 3. Section 4 contains several conclusions.

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Nicolae Popoviciu, Floarea Baicu. 2013-03-07. A new approach for an unitary risk theory. https://arxiv.org/abs/1303.1672

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