@inproceedings{61f107953331478080defd1cfac09773,
title = "Intelligent financial decision model of natural disasters risk control",
abstract = "This paper describes how risk-based risk control allocation model works. We begin by discussing the economic rational for allocating risk control in a diversified organization like enterprises. The direct and indirect losses caused by the simulated disasters can be estimated using the engineering and financial analysis model. Basing on the model, we can generate exceeding probability (EP) curve and then calculate how much loss will be ceased or transferred to other entities, if somehow spending budgets on risk control actions. Results from the proposed formulations are compared in case studies. The model attempts to apply risk based budget guidelines to risk reduction measurement with a portfolio-based risk framework.",
keywords = "Exceeding probability (EP) curve, Risk control, Risk reduction",
author = "Tseng, {Chun Pin} and Chen, {Cheng Wu} and Ken Yen and Chiang, {Wei Ling}",
year = "2007",
doi = "10.1007/978-3-540-74171-8_6",
language = "???core.languages.en_GB???",
isbn = "9783540741701",
series = "Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)",
publisher = "Springer Verlag",
pages = "46--55",
booktitle = "Advanced Intelligent Computing Theories and Applications",
note = "3rd International Conference on Intelligent Computing, ICIC 2007 ; Conference date: 21-08-2007 Through 24-08-2007",
}