No open-access location is known for this record yet.
No open-access location is known for this record yet.
This paper aims at developing a methodology of decision analysis for mitigating natural disaster risks arising with low probability for which the expected utility theory of von Neumann and Morgenstern (1947) is inadequate. It is shown that the value function under risk is a useful model for evaluating public risks of extreme events that influence numerous people enormously or the environment badly with low probability.
Loading…
Stored only when both papers are in the corpus — 4 citations exist upstream.
Papers that cite the same references — the relational fallback while embeddings are still backfilling.
Imported from OpenAlex (CC0) — nothing here is generated.