All Days 2011
DOI: 10.2118/141763-ms
|View full text |Cite
|
Sign up to set email alerts
|

Reducing the Risk of Low-Probability High-Consequence Events

Abstract: Low-Probability High-Consequence (LPHC) events are accidents that are unexpected, with few similar historical events; however, when they do happen the impact is extreme. With few prior events available to learn from, it can be difficult for a single company or organization to completely understand, manage and fully mitigate the risks involved with LPHC events. This is because they do not have enough learning opportunities to improve their overall risk management performance, and properly address the hazards. P… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1

Citation Types

0
0
0

Year Published

2014
2014
2022
2022

Publication Types

Select...
1
1

Relationship

0
2

Authors

Journals

citations
Cited by 2 publications
(1 citation statement)
references
References 6 publications
0
0
0
Order By: Relevance
“…Gas pipelines can rupture during earthquakes and cause gas to leak, which can lead to explosions when the gas concentration near a fire or spark exceeds a certain threshold. An earthquake-blast disaster chain is a low-probability, high-consequence event [12]. Although the probability of an earthquake-blast disaster chain is small, once it occurs, the structure will likely be subjected to loads that far exceed the pre-designed values.…”
Section: Introductionmentioning
confidence: 99%
“…Gas pipelines can rupture during earthquakes and cause gas to leak, which can lead to explosions when the gas concentration near a fire or spark exceeds a certain threshold. An earthquake-blast disaster chain is a low-probability, high-consequence event [12]. Although the probability of an earthquake-blast disaster chain is small, once it occurs, the structure will likely be subjected to loads that far exceed the pre-designed values.…”
Section: Introductionmentioning
confidence: 99%