“…For the risk evaluation phase, proposed tools were simulation (Berle et al, 2013;Gemechu et al, 2015;Giannakis & Papadopoulos, 2016;Güller et al, 2015;Heckmann et al, 2015;Klimov & Merkuryev, 2008;Lee et al, 2012;Mizgier et al, 2015;Oehmen et al, 2009;Olson & Wu, 2010;Schmitt & Singh, 2012;Tummala & Schoenherr, 2011;Vilko & Hallikas, 2011;Wei et al, 2010;Wu & Olson, 2008;You et al, 2009), emphasizing the Monte Carlo simulation (Gemechu et al, 2015;Lee et al, 2012;Mizgier et al, 2015;Oehmen et al, 2009;Tummala & Schoenherr, 2011;Vilko & Hallikas, 2011;Wei et al, 2010;Wu & Olson, 2008;You et al, 2009), expert opinion (Aqlan & Lam, 2015;Bradley, 2014;Cohen & Kunreuther, 2007;Gaudenzi & Borghesi, 2006;Kleindorfer & Saad, 2005;Klimov & Merkuryev, 2008;MeiDan et al, 2011;Olson & Swenseth, 2014;Pradhan & Routroy, 2014;Punniyamoorthy et al, 2013;Tummala & Schoenherr, 2011;Vilko & Hallikas, 2011); AHP -analytic hierarchy process (Gaudenzi & Borghesi, 2006;Giannakis & Papadopoulos, 2016;…”