Enterprise Risk Management Models 2010
DOI: 10.1007/978-3-642-11474-8_2
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Cited by 6 publications
(9 citation statements)
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“…In addition to all aforementioned approaches, the Chance Constrained Programming is also an alternative modeling method, which in turn combines a mathematical programming model with chance constraints in the form of probability levels of attainment. 22 A typical mathematical programming model often follows the following structure:…”
Section: Industrial and Engineering Chemistry Researchmentioning
confidence: 99%
“…Chance constrained models can be utilized in many applications. 22 The objective function f(x) can be a profit function that needs to be maximized. It consists of n variables x and includes the profit contribution rate constants.…”
Section: Industrial and Engineering Chemistry Researchmentioning
confidence: 99%
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“…During emergencies, a variety of organizations are often involved, which incurs the necessity of system thinking. At the governmental level, one would expect cooperation in attaining a common goal, but often many diverse agencies get involved dimming attention to overriding shared goals (Olson and Wu, 2008).…”
Section: Introductionmentioning
confidence: 99%
“…(7) Time and risk preferences are combined in the expected discounted utility model. 3 While uncertain intertemporal choices or temporal risk evaluations are often observed in practice, the research toward time and probability tradeoff is limited. Rotter (8) first found the similarity between risky choice and temporal choice and argued that individuals encode temporal effect in a probabilistic manner.…”
Section: Introductionmentioning
confidence: 99%