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Risk is produced by the interaction of exposure to hazards in a place and the vulnerability of the people that live there. Research on the factors that influence vulnerability has advanced a conceptual understanding of the uneven nature of risk. Just as many factors, or determinants, of vulnerability interact to shape risk, so too do multiple exposures. The idea that multiple hazard exposures affect...
Disaster risk reduction should anticipate how future natural hazard risk would be influenced by changes in urban vulnerability. This paper investigates the effect of one key driver of change, urban development. It models current and future risk for the year 2041 in a rapidly growing urban area, Vancouver, Canada, from both earthquake and coastal flood hazard. Three urban development futures are considered—status...
By analyzing the level of perceived risk in the domain of e-business, the interaction initiating agent can determine before hand whether or not it will achieve its desired outcomes and the associated consequences to it in interacting with the other agent. In our previous work, we have proposed a methodology by which the initiating agent ascertains the numeric level of perceived risk in forming an...
In a digital business ecosystem environment the trusting agent by analysing beforehand the possible risk in interacting with a probable trusted agent, can make a better decision of its future course of interaction with it. A possible outcome of Risk is the loss to trusting agent's resources involved in the interaction. In a financial interaction, the possible loss that may be incurred is usually the...
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