Incidence and likelihood risk and safety indices

Magdi Ragheb, Laith AlBarakat

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Logarithmic risk and safety incidence indices for application in the risk assessment for a large population that is subjected to some forms of common hazards such as disease or natural disasters, are introduced. For a limited size population, more appropriate likelihood indices are derived for the comparison of hazardous activities that are peculiar to a small population that is engaged in a hazardous or other societal activity. The approach possesses a large domain of applicability. It matches intuition and provides a measurement of the levels of safety or risk on a logarithmic scale. Every unit increase in the incidence Safety Index corresponds to a Risk decrease by a factor of 10. The risk and safety indices sum up to a value of 10. Their values are defined over the interval [0, 10]. As illustrations, the methodology is applied to the analysis of the hazardous activities in a large population, the Beaufort wind scale as relevant in the monitoring and control of wind turbines, and to the unemployment situation from the local, regional and national perspectives. Useful insights for the allocation of resources, remedial actions, monitoring, and control strategies can be deduced from the proposed indices than from just the row data.

Original languageEnglish (US)
Title of host publication2010 1st International Nuclear and Renewable Energy Conference, INREC'10
DOIs
StatePublished - Jun 14 2010
Event2010 1st International Nuclear and Renewable Energy 2010 1st International Nuclear and Renewable Energy Conference, INREC'10 - Amman, Jordan
Duration: Mar 21 2010Mar 24 2010

Publication series

Name2010 1st International Nuclear and Renewable Energy Conference, INREC'10

Other

Other2010 1st International Nuclear and Renewable Energy 2010 1st International Nuclear and Renewable Energy Conference, INREC'10
CountryJordan
CityAmman
Period3/21/103/24/10

ASJC Scopus subject areas

  • Nuclear Energy and Engineering
  • Renewable Energy, Sustainability and the Environment

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    Ragheb, M., & AlBarakat, L. (2010). Incidence and likelihood risk and safety indices. In 2010 1st International Nuclear and Renewable Energy Conference, INREC'10 [5462578] (2010 1st International Nuclear and Renewable Energy Conference, INREC'10). https://doi.org/10.1109/INREC.2010.5462578