Role of analytics for operational risk management in the era of big data

OM Araz, TM Choi, DL Olson, FS Salman - Decision Sciences, 2020 - Wiley Online Library
Operational risk management (ORM) is critical for any organization, and in the big data era,
analytical tools for operational risk management are evolving faster than ever. This paper …

Disaster management from a POM perspective: Map** a new domain

S Gupta, MK Starr, RZ Farahani… - Production and …, 2016 - journals.sagepub.com
We have reviewed disaster management research papers published in major operations
management, management science, operations research, supply chain management and …

[КНИГА][B] Extreme value theory with applications to natural hazards

N Bousquet, P Bernardara - 2021 - Springer
This introduction recalls the considerable socio-economic challenges associated with
extreme natural hazards. The possibilities of statistical quantification of past hazards and …

Capacity, pricing and production under supply and demand uncertainties with an application in agriculture

A Golmohammadi, E Hassini - European Journal of Operational Research, 2019 - Elsevier
We consider capacitated joint lot-sizing and pricing problems when supply and a price-
sensitive demand are uncertain. In cases where there is excess capacity, the decision maker …

Evolving Risk Management Frameworks for Complex Systems—An Empirically Grounded Systems Thinking Approach

B Luther, I Gunawan, N Nguyen - Systems Research and …, 2024 - Wiley Online Library
The increasing complexity of systems is demanding a paradigm shift in risk management
frameworks (RMFs). This study adopts a systems thinking approach to conduct an …

Catastrophic risk: indication, quantitative assessment and management of rare extreme events using a non-expected utility framework

G Geiger - Annals of Operations Research, 2024 - Springer
The paper develops a conceptual framework for the analysis and management of
catastrophic risk. The framework serves to assess rare extreme events in systematic …

Testing the dismal theorem

D Anthoff, RSJ Tol - … of the Association of Environmental and …, 2022 - journals.uchicago.edu
Weitzman's “dismal theorem” has that the expected net present value of a stock problem with
a stochastic growth rate with unknown variance is unbounded. Cost-benefit analysis can …

Optimal strategy of social responsibility and quality effort in service supply chain with quality preference

CH Zhang, P **ng, J Li - Asia-Pacific Journal of Operational …, 2018 - World Scientific
We investigate the optimal strategy of service supply chain (SSC) including one integrator
and two suppliers under a two-layer game structure. Service integrator decides social …

Power system adequacy: on two-area models and the capacity procurement decision process

N Sanchez Guadarrama - 2023 - era.ed.ac.uk
In this work, we explore methodological extensions to modelling practices in power system
adequacy for single-area and two-area systems. Specifically, we build on top of some of the …