RISK-BENEFIT METHODOLOGY AND APPLICATION: SOME PAPERS PRESENTED AT THE ENGINEERING FOUNDATION WORKSHOP, HELD AT ASILOMAR, CALIFORNIA ON SEPTEMBER 22-26, 1975

The goal of this workshop is to assess quantitatively the state-of-the-art on risk/benefit methodology. Two new large technology areas are considered: (1) nuclear reactors; and (2) shipment and storage of liquefied natural gas. Both of these technologies can provide large consequence incidents should there be failures in the engineering of these systems. A general consensus at the workshop perceives methods of analysis for evaluating risks as being reasonably stable. Decision-or event-tree techniques, fault-tree techniques, or failure-mode and effects analysis are available. Any one or combinations of these techniques could be used to lead to relevant and quantitative results. With each method, existing and future data for such large consequence events are rather sparse, and it may have to be inferred partially from other industries. These tools developed for risk assessment and benefit assessment can help to determine the value to society or relevant subgroups of a given enterprise.

• Corporate Authors:

  University of California, Los Angeles

  School of Architecture and Urban Planning
  Los Angeles, CA  United States  90024

  National Science Foundation

  Research Applied to National Needs
  Washington, DC  United States  20550
• Authors:
  • Okrent, D
• Publication Date: 1975-12

Media Info

• Pagination: 636 p.

Subject/Index Terms

• TRT Terms: Analysis; Crash risk forecasting; Decision making; Economic analysis; Fault tree analysis; Handling and storage; Hazardous materials; Hazards; Liquefied natural gas; Liquefied petroleum gas; Mathematical models; Meetings; Nuclear power plants; Policy; Radioactive materials; Radioactive materials; Reliability; Risk analysis; Risk assessment; Storage facilities
• Old TRIS Terms: Analytical techniques
• Subject Areas: Economics; Freight Transportation; Policy; Railroads; Safety and Human Factors; Terminals and Facilities;

Filing Info

• Accession Number: 00151334
• Record Type: Publication
• Source Agency: National Technical Information Service
• Report/Paper Numbers: UCLA-ENG-7598 Proceeding, NSF/RA/X-75-029
• Contract Numbers: NSF-GI-39416,, NSF-OEP75-20318
• Files: TRIS
• Created Date: Apr 13 1977 12:00AM