• DocumentCode
    1602251
  • Title

    Possibilistic risk assessment

  • Author

    Whalen, Thomas ; Bronn, Carl

  • Author_Institution
    Robinson Coll., Georgia State Univ., Atlanta, GA
  • fYear
    2008
  • Firstpage
    1
  • Lastpage
    6
  • Abstract
    Some events are so rare that it is impossible to construct any evidence-based probability distribution for them. Judgmental assessment of probability is also suspect because extremely small probabilities are not readily distinguished from one another subjectively. We define a class of extremely rare events called "adventitious events" and illustrate the use of possibility theory to analyze risks associated with them.
  • Keywords
    possibility theory; risk management; statistical distributions; evidence-based probability distribution; possibilistic risk assessment; possibility theory; Accidents; Cultural differences; Dictionaries; Educational institutions; Possibility theory; Probability distribution; Psychology; Risk analysis; Risk management; Uncertainty; Dempster-Shafer; Possibility; Rare Events; Risk;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Fuzzy Information Processing Society, 2008. NAFIPS 2008. Annual Meeting of the North American
  • Conference_Location
    New York City, NY
  • Print_ISBN
    978-1-4244-2351-4
  • Electronic_ISBN
    978-1-4244-2352-1
  • Type

    conf

  • DOI
    10.1109/NAFIPS.2008.4531222
  • Filename
    4531222