A Framework for Integrating Economic Evaluation and Risk Assessment to Support Policymakers' Security-related Decisions

    Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

    4 Citations (Scopus)

    Abstract

    The paper proposes a preliminary framework for integrating economic evaluation and risk assessment. It is aimed at policymakers and intended to support decision-making on security measures. The purpose of the paper is to contribute to the understanding of security-related decision-making, addressing how to ensure that the most suitable security measures get appropriate focus and that the goals for the decisions can be reached. The paper is based on the preliminary results of ValueSec ('Mastering the Value Function of Security Measures'), a project in the European Commission's 7th Framework Programme.
    Original languageEnglish
    Title of host publicationProceedings of the 11th International Probabilistic Safety Assessment and Management Conference & The Annual European Safety and Reliability Conference
    Subtitle of host publicationPSAM11 ESREL 2012
    PublisherCurran Associates Inc.
    Pages4392-4402
    Volume6
    ISBN (Print)978-1-62276-436-5
    Publication statusPublished - 2012
    MoE publication typeA4 Article in a conference publication
    Event11th International Probabilistic Safety Assessment and Management Conference and The Annual European Safety and Reliability Conference, PSAM11 & ESREL 2012 - Helsinki, Finland
    Duration: 25 Jun 201229 Jun 2012

    Conference

    Conference11th International Probabilistic Safety Assessment and Management Conference and The Annual European Safety and Reliability Conference, PSAM11 & ESREL 2012
    CountryFinland
    CityHelsinki
    Period25/06/1229/06/12

    Keywords

    • security measure
    • risk assessment
    • economic evaluation
    • security Decision-making

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