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Scientific paper - Original scientific paper
RISK ANALYSIS AND EVALUATION FOR CRITICAL LOGISTICAL INFRASTRUCTURE
Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, 29 (2016), S; 11-19. urn:nbn:hr:145:143148
Düerkop, Sascha; Huth, Michael

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Düerkop, S. & Huth, M. (2016). RISK ANALYSIS AND EVALUATION FOR CRITICAL LOGISTICAL INFRASTRUCTURE. Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, 29. (S), 11-19. Retrieved from https://urn.nsk.hr/urn:nbn:hr:145:143148

Düerkop, Sascha and Michael Huth. "RISK ANALYSIS AND EVALUATION FOR CRITICAL LOGISTICAL INFRASTRUCTURE." Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, vol. 29, no. S, 2016, pp. 11-19. https://urn.nsk.hr/urn:nbn:hr:145:143148

Düerkop, Sascha and Michael Huth. "RISK ANALYSIS AND EVALUATION FOR CRITICAL LOGISTICAL INFRASTRUCTURE." Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues 29, no. S (2016): 11-19. https://urn.nsk.hr/urn:nbn:hr:145:143148

Düerkop, S. and Huth, M. (2016) 'RISK ANALYSIS AND EVALUATION FOR CRITICAL LOGISTICAL INFRASTRUCTURE', Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, 29(S), pp. 11-19. Available at: https://urn.nsk.hr/urn:nbn:hr:145:143148 (Accessed 10 December 2024)

Düerkop S, Huth M. RISK ANALYSIS AND EVALUATION FOR CRITICAL LOGISTICAL INFRASTRUCTURE. Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues [Internet]. 2016 December 30 [cited 2024 December 10];29(S):11-19. Available at: https://urn.nsk.hr/urn:nbn:hr:145:143148

S. Düerkop and M. Huth, "RISK ANALYSIS AND EVALUATION FOR CRITICAL LOGISTICAL INFRASTRUCTURE", Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, vol. 29, no. S, pp. 11-19, December 2016. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:145:143148. [Accessed: 10 December 2024]

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Metadata
Title (english)RISK ANALYSIS AND EVALUATION FOR CRITICAL LOGISTICAL INFRASTRUCTURE
AuthorSascha Düerkop
AuthorMichael Huth
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
Logistical infrastructure builds the backbone of an economy. Without an effective logistical infrastructure in place, the supply for both enterprises and consumers might not be met. But even a high-quality logistical infrastructure can be threatened by risks. Thus, it is important to identify, analyse, and evaluate risks for logistical infrastructure that might threaten logistical processes. Only if those risks are known and their impact estimated, decision makers can implement counteractive measures to reduce risks. In this article, we develop a network-based approach that allows for the evaluation of risks and their consequences onto the logistical network. We will demonstrate the relevance of this approach by applying it to the logistics network of the central German state of Hesse. Even though transport data is extensively tracked and recorded nowadays, typical daily risks, like accidents on a motorway, and extraordinary risks, like a bridge at risk to collapse, terrorist attacks or climate-related catastrophes, are not systematically anticipated. Several studies unveiled recently that the overall impact for an economy of possible failures of single nodes and/or edges in a network are not calculated, and particularly critical edges are not identified in advance. We address this information gap by a method that helps to identify and quantify risks in a given network. To reach this objective, we define a mathematical optimization model that quantifies the current “risk-related costs” of the overall network and quantify the risk by investigating the change of the overall costs in the case a risk is realized.
Keywords (english)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review - international
Publication versionPublished version
Journal titleEkonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues
Numberingvol. 29, no. S, pp. 11-19
p-ISSN0353-359X
e-ISSN1847-2206
URN:NBNurn:nbn:hr:145:143148
Publication2016-12-30
Document URLhttp://hrcak.srce.hr/171941
Type of resourceText
Access conditionsOpen access
Terms of useLicence Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) icon
Created on2017-02-14 10:57:23