Risk analysis and port security: some contextual observations and considerations

Risk analysis and port security: some contextual observations and considerations

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Article ID: iaor20117909
Volume: 187
Issue: 1
Start Page Number: 121
End Page Number: 136
Publication Date: Jul 2011
Journal: Annals of Operations Research
Authors:
Keywords: risk
Abstract:

Using the literature and drawing upon several decades of experience in risk analysis, the author identifies three elements that appear particularly challenging for port security applications. The first of these is identifying a set of realistic scenarios for risk assessment. The second is estimating the likelihood of a successful attack on a port. The third is understanding the regional and national economic consequences of these events. The author offers suggestions for addressing these challenges.

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